Monday, January 6, 2014

COMPANY `BENETTON` EXPAND ITS PRESENCE IN THE ASIAN MARKET

COMPANY `BENETTON` expand its presence in the Asian market

Luciano Benetton, chairman of the group #39;Benetton Group SpA#39; said more than 200 million euros will be invested in the development of the group in 2005. In a letter circulated at the annual meeting of shareholders, he announced that the funds would be used to upgrade existing stores and new, as well as on the development of product group. He added that the company will focus on work in the dynamic markets of Asia, especially China and India, where it is considered one of the leading companies in the consumer industry.