Luciano Benetton says he’s stepping down as chairman of family-run brand as losses top $100 million
MILAN — Luciano Benetton, a co-founder of the apparel brand, announced he was stepping down as chairman in an interview published on Saturday with Milan daily Corriere della Sera. He blamed current management for losses of 100 million euros ($108.5 million) that he discovered last year. Benetton, 89, returned to the apparel brand as chairman … Read more