Luciano Benetton news and archive

Benetton CEO: Restructuring is on track

The restructuring at Benetton is reportedly proceeding according to plan. Benetton chief executive officer Claudio Sforza provided an update on the company last week at 'Top 100', an event organised by Nord Est Multimedia in collaboration with Pwc at the Benetton Group headquarters in Castrette di Villorba in Italy. According to 'Il Nord Est'...

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Luciano Benetton relinquishes presidency of family empire

Milan - Luciano Benetton, the 89-year-old co-founder of the eponymous textile empire, announced on Saturday his intention to step down as chairman of the family-owned Italian group, after accusing its chief executive Massimo Renon of wrecking the group's accounts. "I trusted him and I was wrong. I was betrayed in the truest sense of the word. A...

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Luciano Benetton named Executive Chairman of Benetton Group

Benetton Group S.R.L. has announced that following board of directors' Monday meeting, Luciano Benetton has been appointed as the company’s Executive Chairman. After handing over his responsibilities to the founder, the company added, Francesco Gori, Benetton Group’s Chairman since May 2016, will remain a director on the board and will soon be...

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Luciano Benetton returns to revive the brand he founded

Luciano Benetton, 82-year old founder of the Benetton Group is making a comeback to infuse life into the troubled clothing brand, reports The Times. He had launched the brand in 1965 that gained fame and attention for its colourful designs and bold marketing campaigns. “It’s an intolerable pain for me. That’s why I am stepping in again, together...

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Benetton expands

During Benetton’s shareholders meeting the financial statements for 2010 were approved. Luciano Benetton, who chaired the meeting, announced the dividend totalled at 43 million Euros, which comes down to 0.25 euro per share compared to 0.23 last year. Last month, the company opened the doors of Benetton’s biggest flagship stores in Easter Europe...