Benetton India news and archive

Benetton struggles in India, posts net loss of 49 crores

Reporting one of its worst results in the country over a decade, Italian fashion retailer Benetton revealed a 5 percent drop in its revenue in India to Rs 699 crores with net loss of Rs 49 crores for the fiscal year ended March 2017, reports Economic Times quoting data filed by the company with the Registrar of Companies (RoC). These number...

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Business

Benetton among two cos observing single brand retail entry in India

Two companies including fashion chain Benetton India have sought approval of the government for single brand retail trading in India.Benetton India have sought approval to undertake e-commerce and retail trading of imported goods, according to the Department of Industrial Policy and Promotion (DIPP). Karnataka-based Actoserba Active Wholesale...

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Benetton India names Sundeep Chugh as its new CEO

Benetton Group has announced the appointment of Sundeep Chugh as the new Chief Executive Officer (CEO) of Benetton India. Chugh has been commercial director of Benetton India since 2011, contributing to the growth of the United Colors of Benetton, Sisley and Undercolors brands through a selective network expansion process. Prior to joining...