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 in Ljubljana. The new Benetton store features 1200 square metres and is set over two floors. It has all Benetton and Sisley collections on display. With the Slovenian flagship, Benetton wants to highlight itself as a global company on the international lifestyle market.

As part of its expansion plan, Benetton also launched the company's first store in Kazakhstan, the city of Almaty. This mega store is set over 3000 square meters with separate Benetton and Sisley entrances, but linked internally. Each brand has its own interior design scheme.

Besides the financial statements, the shareholders’ meeting appointed the Board of Statutory Auditors for a the three year period from 2011-2013 with Angelo Casò, Chairma;, Antonio Cortellazzo and Filippo Duodo, permanent auditors; Marco Leotta and Piermauro Carabellese, alternate auditors.