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Monday, 10 August 2009

Benetton H1 profit down 60% on rescheduling

Ponzano - Benetton has reported Group net revenues for the first half of 2009 of €882 million (-11.4% down against H1 2008), impacted by a major change in the timing of shipments for the Fall/Winter collections, which saw a rescheduling of over €88 million of deliveries to the third quarter, to better match seasonality, provide improved service to clients and improve management of transport and logistics.


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