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Edizione: Benetton holding company's value reaches 13.2 billion euros
Yesterday, in Treviso, the shareholders' meeting of Edizione (the holding company of the Italian brand Benetton), chaired by Alessandro Benetton, approved the 2024 financial results. These showed consolidated revenues increasing to 10.1 billion euros (from 9.5 billion euros in 2023) and a net asset value of 13.2 billion euros (from 11.7 billion...
BusinessMember12 hours ago
Benetton halves losses, focuses on digital restart and rationalises distribution network
Benetton’s losses were more than halved compared to the previous year, amounting to just under 100 million euros, an improvement of 57.5 percent year-over-year (YoY). In 2023, this was 235 million euros. The net financial position improved by approximately 50 million euros, from 460 million euros in 2023 to 411 million euros in 2024. Five...
BusinessMemberMay 9, 2025
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'...
BusinessMemberApr 16, 2025
Oliviero Toscani and his successful campaigns for Benetton
The name Oliviero Toscani, who passed away today in Cecina, is inextricably linked to that of the Benetton family. For the Veneto brand (which is currently experiencing a deep crisis and is being restructured under the leadership of CEO Claudio Sforza), Toscani created the historic campaigns that established United Colors of Benetton's global...
PeopleFeaturedJan 13, 2025
Benetton steps into the metaverse
United Colors of Benetton is the next brand to step into the metaverse. The brand opens a store in the metaverse and even adapts the physical store on Corso Vittorio Emanuele in Milan to this, according to a press release. The store in the metaverse will open in a few weeks, according to the statement. Visitors will not be able to buy clothes,...
BusinessMemberFeb 22, 2022
United Colors of Benetton debuts sustainable store concept
Italian fashion brand United Colors of Benetton has announced a new store concept that includes upcycled natural materials and energy-saving technologies to further its initiative of low environmental impact retail. The store features flooring made with gravel from the river Piave and waste wood from beech trees brought down by a storm that hit...
RetailMar 8, 2021
Benetton appoints Martino Boselli as commercial and sales director
Benetton Group has appointed Martino Boselli as head of the commercial and sales department of United Colors of Benetton. In his new role, Boselli will be in charge of a new commercial and sales department, created to support the group’s strategic plan to become even more effective and profitable. He will report directly to CEO Massimo Renon....
ReportMemberDec 16, 2020
Italy - Covid-19: Benetton holding company donates 3 million to hospitals
Yesterday, Edizione Srl, holding company of the Benetton family, decided to donate three million euros to support the projects and urgent needs of four hospital institutes-as a concrete contribution to the emergency resulting from the epidemiological spread of Covid-19 in Italy. According to an official press statement, the donation will go to...
Fashion Mar 12, 2020
United Colors of Benetton returns to U.S. retail
For the first time in four years, United Colors of Benetton is carrying out retail operations in the U.S. The Italy-based fashion brand will open a pop-up store in Santa Monica, CA this week, and is considering reopening stores on a more permanent basis in the country. Opening on Friday, October 25, the United Colors of Benetton pop-up space...
RetailOct 21, 2019
Benetton chooses applicants that are able to work in a multicultural context
FashionUnited publishes an interview series dedicated to the most requested professionals in the field of fashion, both by the brands and by companies active in fashion and luxury e-commerce. We decided to hear from companies to understand which are the most popular roles and how much can be earned by those who hold these positions. Recently,...
Fashion |INTERVIEW Jul 5, 2019
Benetton to open “numerous” new stores around the world in 2019
Benetton has announced the opening of “numerous” new stores “in the main cities of the world” by the end of 2019 as part of its strategy to revive the brand. The first ones will be opened this Spring/Summer in Benetton’s native Italy, in the cities of Rome, Palermo and Naples, followed by stores in Bangalore, India, and Deauville, France. The...
RetailApr 29, 2019
Benetton's new French flair colours debut in Milan
Benetton took to the catwalk in Milan for the first time Tuesday with its debut collection by French designer Jean-Charles de Castelbajac in a bid to revive the historic Italian brand. The show, which kicked off Milan fashion week, opened with a homage to Karl Lagerfeld, who died Tuesday aged 85. "Thank you, Karl," Castelbajac said. Then the...
Fashion FeaturedFeb 20, 2019