Benetton Group: number of employees in 2012-2017
gradually declining turnover over the same period. In 2011, the turnover of the Group amounted to 1.6 billion euros. This decreased to just over one billion euros in 2017.
Leader in clothing manufacturing
Benetton Group was founded in 1965 in Treviso. The Group has become one of the best-known fashion brands in the world and is now active in most markets worldwide. With sales revenues reaching a value of approximately 1.3 billion euros, Benetton ranked among the leading Italian companies both in the women’s outerwear and in the men’s outerwear segment, competing with luxury brands such as Prada, Dolce & Gabbana and Valentino, to name a few.
Clothing manufacturing in Italy
It is not a secret that Italy stands out for clothing manufacturing. The industry is renowned and envied all over the world due to high quality and elegant design. However, the economic crisis that hit the country, as well as the global economy, ignited a steady process of relocation of production facilities to countries where taxation is lower and production costs are overall cheaper. For this reason, the sector has been losing its edge in Italy. In fact, the turnover of the wearing apparel manufacturing industrydeclined from 2011 to 2017, and, together with it, several jobs were lost in the sector.
In 2017, the number of employees of Italian fashion company Benetton Group amounted to 3,555. Since 2011, when the number of employees amounted to 1,300, the company increased its workforce almost threefold. Despite the growth in the number of employees, Benetton registered a Leader in clothing manufacturing
Benetton Group was founded in 1965 in Treviso. The Group has become one of the best-known fashion brands in the world and is now active in most markets worldwide. With sales revenues reaching a value of approximately 1.3 billion euros, Benetton ranked among the leading Italian companies both in the women’s outerwear and in the men’s outerwear segment, competing with luxury brands such as Prada, Dolce & Gabbana and Valentino, to name a few.
Clothing manufacturing in Italy
It is not a secret that Italy stands out for clothing manufacturing. The industry is renowned and envied all over the world due to high quality and elegant design. However, the economic crisis that hit the country, as well as the global economy, ignited a steady process of relocation of production facilities to countries where taxation is lower and production costs are overall cheaper. For this reason, the sector has been losing its edge in Italy. In fact, the turnover of the wearing apparel manufacturing industrydeclined from 2011 to 2017, and, together with it, several jobs were lost in the sector.