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Benetton renews management after 100 million euro hole

Benetton is receiving a new CEO and an additional 260 million euros to get out of the red. However, the founding family is stepping aside.

Massimo renonClaudio sforza

Benetton family to inject €260m into turnaround of their retail brand

Italy's Benetton family is readying plans to address mounting losses at its eponymous clothing retailer, including parting ways with CEO Massimo Renon after four years, two people close to the group said on Monday.

Elisa anzolinMassimo renon

Italy s Benetton plans restructuring as losses mount, sources say - Brand Wagon News

Italy s Benetton plans restructuring as losses mount, sources say - Brand Wagon News
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Kiara advaniMassimo renonReuters thatChairman luciano benetton

Benetton plans restructuring as losses mount

Benetton plans restructuring as losses mount
rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.

Massimo renonChairman luciano benetton

Benetton holds crunch board meeting - Business

A crunch board meeting of the Benetton Group got under way in Ponzano Veneto in province of Treviso. The meeting is called to approve the 2023 balance sheet featuring a net loss estimated to be around 230 million euros. (ANSA)

Ponzano venetoMassimo renonBenetton groupLuciano benetton

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