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.
Source: retaildetail.eu
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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.
Source: independent.ie
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)
Source: ansa.it
Top exec Sforza to be appointed Benetton CEO - sources
Italian executive Claudio Sforza has been chosen as chief executive of loss-making clothing group Benetton, replacing outgoing Massimo Renon, two sources close to the matter said on Tuesday. ...
Source: marketscreener.com
Top exec Sforza to be appointed Benetton CEO – sources
MILAN (Reuters) - Italian executive Claudio Sforza has been chosen as chief executive of loss-making clothing group Benetton, replacing outgoing Massimo Renon, two sources close to the matter said on Tuesday. Italy's Benetton family is readying pla...
Source: 933thedrive.com