All Benetton brands peg consolidated revenues at Euro460 million
14 May '07
2 min read
growth of sales achieved by directly operated stores; contribution to revenues from the Italian partnership (Milano Report S.p.A.), consolidated since August 2006.
Revenues growth was supported by the good performance of Mediterranean area countries, including Italy, and of Eastern Europe, as well as the contribution of other countries such as India.
The main growth factor was the strong increase in volumes, while there were negative impacts on revenues resulting from exchange differences of 8 million euro and from the completion of policies of increasing network margins on the 2007 Spring/Summer collections.