Benetton Group SpA - apparel and textile industry company news 
ITALY: Benetton family makes EUR276.6m takeover bid
3 February 2012
Edizione Srl, the investment firm controlled by the Benetton family, has made a EUR276.6m (US$364.4m) bid to buy all the shares it doesn't already own in Benetton Group SpA and delist the clothing company.
ITALY: Benetton issues full-year profit warning
1 February 2012
Retailer United Colours of Benetton today (1 February) issued a profit warning, saying that it expects full year profit to be down by more than 30% on the previous year.
ITALY: Benetton 9-month profit falls on higher input costs
14 November 2011
Clothing company United Colors of Benetton saw net income fall over the first nine-months of the year, after being hurt by sales declines in Europe and rising input costs.
AUSTRALIA: Just Group joins ban on sandblasted jeans
23 September 2011
Fashion retailer Just Group is joining global brands including Levi Strauss, Gucci, Benetton and Esprit in putting a stop to selling sandblasted jeans.
Uniqlo means business with ambitious global plans
21 September 2011
Fast Retailing, owner of the Uniqlo casual clothing chain, thinks big, talks big and has big ambitions - and analysts believe the company does indeed have what it takes to become the biggest clothing retailer in the world within the next decade.
ITALY: High material costs weigh on Benetton H1 profit
29 July 2011
Higher cotton and wool costs, as well as a slowdown in demand in troubled Eurozone countries like Greece, have weighed on Benetton Group's bottom line, pushing the Italian fashion retailer to a 25% drop in first-half profit.
ITALY: Samha Group to end Benetton production
29 June 2011
The 15 year licensing agreement between fashion apparel retailer the Benetton Group and Syrian Samha Group has expired and will not be renewed, according to the Benetton Group.
ITALY: You Nguyen hired as Benetton's creative director
8 June 2011
Italian fashion company Benetton Group has consolidated its management and creative structure with the appointment of You Nguyen as United Colors of Benetton’s new chief merchandising officer and creative director.
just-style management briefing: Global clothing retail trends
1 June 2011
For some it was a total disaster, for others a bump in the road, but the recession left no part of the clothing and textile retail sector unscathed. But now, as the economic recovery accelerates, global clothing retail trends are showing great diversity.
ITALY: Growth markets boost Benetton Q1
13 May 2011
Fashion company Benetton recorded slight declines in its first quarter profit and sales, despite strong progress in the Italian business’s emerging markets.
ITALY: Benetton to streamline sourcing with PLM
10 May 2011
Global fashion firm Benetton Group has invested in a new PLM system to increase the efficiency of its global design, development, sourcing and production operations.
SERBIA: Benetton to open EUR43m manufacturing hub
6 May 2011
Benetton is to invest EUR43m (US$62.5m) in a clothing factory it is purchasing in the southern Serbian city of Nis, in a bid to strengthen its position in the Balkans.
ITALY: Benetton in margins warning after FY profit dip
16 March 2011
Italian fashion business Benetton warned that margins would be eroded by rising input costs after its full-year profit fell 16% on mainly flat sales.
ITALY: Benetton switching to "liquid wood" hangers
21 February 2011
Italian fashion retailer Benetton plans to save 600 tons of plastic this year by switching to innovative, lightweight "liquid wood" clothes hangers instead of the plastic hangers usually used to display its garments.
HONG KONG: Prime Source Forum to shed new light on sourcing
14 February 2011
Senior executives from across the global apparel industry supply chain will be heading to Hong Kong at the end of next month for the annual Prime Source Forum, which this year aims to help companies tackle the big issues taking pole position as the economic recovery builds up speed.
SERBIA: Italian lingerie maker Pompea to expand production
10 February 2011
Italian hosiery, lingerie and activewear manufacturer Pompea SpA is to expand its production in Serbia as part of a EUR3m (US$4m) investment that is being backed by the Serbian government.
Top stories on just-style this week...
4 February 2011
Here is a roundup of the top five most-read articles on just-style this week. Click on each headline for the full story.
SERBIA: Benetton to open garment factory in Nis
1 February 2011
Italian fashion firm Benetton is to open a factory in the southern Serbian city of Nis as part of a EUR43.2m (US$59.4m) investment that is being backed by the Serbian government.
ITALY: Benetton FY revenues edge up slightly
1 February 2011
Italian apparel company Benetton expects 2010 net income to top EUR100m (US$137.5m) after recording essentially flat revenues for the year.
LUXEMBOURG: Fila snaps up Integrix Sports Group
24 January 2011
Fila Luxembourg Sarl has completed the purchase of Integrix Sports Group (ISGL), the master licensee of the Fila brand for Europe, the Middle East and Africa.
ANALYSIS: Makers get back to work amid Tunisia unrest
19 January 2011
Even though protests continue in Tunisia following the collapse of the regime of deposed President Ben Ali, the country's key textile and clothing sector is gradually returning to work, just-style has been told.
Egypt's clothing industry starting to bloom
17 December 2010
Over the past five years Egypt has cemented its position as a fashion hub for European and American high street brands, with average annual garment exports earning the country US$2bn. Yet domestic labels are generally not exported and high-end clothing manufacturing is still very niche.
ITALY: Benetton warns costs will weigh on FY results
15 November 2010
Apparel retailer Benetton Group SpA on Friday (12 November) reported a 3.7% rise in its nine-month profit, but warned that the rising price of raw materials is likely to weigh on its full-year results.
August 2010 management briefing: Part IV - The winners and survivors
31 August 2010
Looking at performance on a global market positioning basis, rather than geography, the last two years have been challenging for all global textile and clothing producers, as demand waned and customers put off purchasing decisions.
August 2010 management briefing: Part II - The Chinese marketplace
27 August 2010
If any country was likely to be vulnerable to a collapse in sales from a global recession it was export-oriented China. The fact remains, however, that China's textile and clothing industry is still in reasonable shape.
The Egyptian retail market
25 August 2010
Marks & Spencer plans to open its first store in Egypt later this year with franchise partner Al Futtaim. just-style takes this opportunity to take a deeper look at the Egyptian retail sector with the help of research partner Euromonitor.
Global news roundup
12 August 2010
The following is a roundup of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.
ITALY: Benetton cautious despite 38% H1 profit hike
2 August 2010
Italian clothing retailer Benetton Group has booked a 38% jump in first-half profit, helped by a slight rise in sales, cost cutting, and efficiencies in manufacturing and sourcing.
UPDATE: Cambodian strike "unrelated" to wage dispute
28 July 2010
This week's garment worker clashes in Cambodia were caused by internal frictions rather than wage demands, a local manufacturing body told just-style.
CAMBODIA: Nine injured after 3,000 garment workers strike
27 July 2010
Clashes between more than 100 armed police officers and 3,000 garment workers in Cambodia have left nine women injured.
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