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Luciano Benetton relinquishes presidency of family empire

Milan - Luciano Benetton, the 89-year-old co-founder of the eponymous textile empire, announced on Saturday his intention to step down as chairman of the family-owned Italian group, after accusing its chief executive Massimo Renon of wrecking the group's accounts. "I trusted him and I was wrong. I was betrayed in the truest sense of the word. A...

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Luciano Benetton named Executive Chairman of Benetton Group

Benetton Group S.R.L. has announced that following board of directors' Monday meeting, Luciano Benetton has been appointed as the company’s Executive Chairman. After handing over his responsibilities to the founder, the company added, Francesco Gori, Benetton Group’s Chairman since May 2016, will remain a director on the board and will soon be...

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Luciano Benetton returns to revive the brand he founded

Luciano Benetton, 82-year old founder of the Benetton Group is making a comeback to infuse life into the troubled clothing brand, reports The Times. He had launched the brand in 1965 that gained fame and attention for its colourful designs and bold marketing campaigns. “It’s an intolerable pain for me. That’s why I am stepping in again, together...

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