Print Print    Close Close

Benetton heir quits clothing brand's board

Published November 28, 2016

Associated Press

Alessandro Benetton, the son of one of the Italian fashion brand's founders, has quit the Benetton Group board in a move that has raised union concerns about the company's future.

The fashion company on Monday confirmed the Benetton heir's exit, calling it "a regular part of the rotation within the board."

Alessandro Benetton is the son of Luciano Benetton, one of four siblings who launched the brand that became known for colorful knitwear and provocative advertising campaigns in the 1980s and 1990s.

The Benetton brand more recently has struggled to find its footing and undergone several creative relaunches.

The head of the Filctem CGIL union in Treviso tells news agency ANSA that the move "was a serious new reason for concern on top of many uncertainties growing around the company."

Print Print    Close Close

URL

https://www.foxnews.com/world/benetton-heir-quits-clothing-brands-board

  • Home
  • Video
  • Politics
  • U.S.
  • Opinion
  • Entertainment
  • Tech
  • Science
  • Health
  • Travel
  • Lifestyle
  • World
  • Sports
  • Weather
  • Privacy
  • Terms

This material may not be published, broadcast, rewritten, or redistributed. © FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Do Not Sell my Personal Information - New Terms of Use - FAQ