ITALY: Higher costs, lower sales weigh on Benetton FY
Italian fashion firm Benetton Group SpA has blamed higher raw material costs and a slowdown in consumer spending in the Mediterranean area for a 28.4% drop in full-year profit.
Italian fashion firm Benetton Group SpA has blamed higher raw material costs and a slowdown in consumer spending in the Mediterranean area for a 28.4% drop in full-year profit.