Benetton Group

Profits down at Italy's Benetton

BBC News | Mon, May 11

Mon, May 11 UK
Italian clothing retailer Benetton has reported a 38% fall in first-quarter profits, after being hit by a drop in demand and unfavourable exchange rates. Benetton reported a net profit of 18m euros ($24.5m; £16m) for the January to March period, ...

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1 mainstream media weighed in on a similar topic

7 Months Ago, BusinessWeek says (in Italy's Benetton says 1Q profit down 38 percent) The Italian clothing company Benetton on Monday said first quarter profits dropped 38 percent as sales in its main European market dwindled amid the recession. Benetton said in a statement that net profit dropped to euro18 million ($24.43 million) ...