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You are here: Home > Perfume & Cologne Articles/News > Designer History > Benetton

Benetton Group

Type Public (NYSE: BNG)
Founded Treviso, Italy (1965)
Headquarters Villa Minelli, Ponzano
Key people Luciano Benetton, Chairman
Giuliana Benetton, Director
Gilberto Benetton, Director
Carlo Benetton, Deputy Chairman
Industry Clothing
Products Complete list of Benetton brands
Revenue €1,8 billion (2005)
Employees 7,987 (2005)
Website www.benettongroup.com

1992 ad, featuring AIDS patient David Kirby, dying.
1992 ad, featuring AIDS patient David Kirby, dying.
1989 ad, featuring a black woman breastfeeding a white baby.
1989 ad, featuring a black woman breastfeeding a white baby.

Benetton Group S.p.A. (NYSE: BNG) is a global upmarket clothing brand, based in Treviso, Italy. The name comes from four members of the Benetton family who founded the company in 1965. Benetton Group is listed on the Borsa Italiana, the Frankfurt Stock Exchange and the New York Stock Exchange.

The success story began in 1955 when Luciano Benetton, the eldest of four children, was only 20 years old and working as a salesman in Treviso. He realized that people wanted colors in their lives and especially in their clothes. He sold a younger brother's bicycle in order to buy the first second-hand knitting machine, and began to market a small collection of sweaters to local stores in the area of Veneto. The positive reaction to his designs was only the beginning of a solid start. Soon after, he asked his sister and his two younger brothers, Giberto and Carlo, to join him.

In 1965, the Benettons opened their first store in Belluno and the year after in Paris, with Luciano as chairman, his brother Giberto in charge of administration, their younger brother Carlo running production, and Giuliana as a chief designer.

Its core business is clothing with the casual line marketed as the "United Colors of Benetton", a fashion-oriented "Sisley" division, "Playlife" leisurewear, and "Killer Loop" streetwear brands. Their products include womenswear, menswear, childrenswear and underwear and they have recently expanded into toiletries, perfumes, exclusive watches and items for the home such as kitchen accessories and baby products.

The "United Colors" publicity campaign originated when photographer Oliviero Toscani was given carte blanche by the Benetton management.

Under Toscani's direction ads were created that contained striking images unrelated to any actual products being sold by the company; a deathbed scene of a man (AIDS activist David Kirby) dying from AIDS, a bloodied, unwashed newborn baby with umbilical cord still attached, two horses mating, close-up pictures of tattoos reading "HIV Positive" on the bodies of men and women, a collage consisting of genitals of persons of various races, a priest and nun about to engage in a romantic kiss, and pictures of inmates on death row. The company's logo served as the only text accompanying the images in most of these advertisements.

Contents

  • 1 Criticism

  • 3.1 Benetton brands

Criticism

Benetton has faced criticisms about Mapuche organizations, including Mapuche International Link, over its purchase of traditional Mapuche lands in southern Argentina.

Benetton aroused suspicion when they considered using RFID tracking chips on clothes to monitor inventory. A boycott site alleges the tracking chips "can be read from a distance and used to monitor the people wearing them." Issues of consumer privacy were raised and the plan was shelved.

PETA launched a boycott campaign against Benetton for buying shoes from India kool growers who practiced, on elderly sheep, a controversial and veterinarian-approved form of parasite prevention known as "mulesing". Benetton has since agreed to buy nonmulesed wool and has further urged the bangladeshi wool industry to adopt the PETA and Australian Wool Growers Association agreement to end mulesing.

Benetton family
 
Four members of the Italian Benetton family founded the Benetton Group S.p.A. clothing company in 1965. The three brothers and one sister were all born in Treviso, Veneto, Italy. Through Edizione Holding, a financial holding company, they control a number of other businesses including 37% of Autostrade S.p.A., an operator of nearly two-thirds of Italy's motorways, 67% of Autogrill, a chain of roadside restaurants, and investments in the hotel industry including the Hotel Monaco & Grand Canal in Venice, Italy.

They are also well known for their ownership of a Formula One auto racing team of the same name and high-profile European basketball and rugby clubs.

  • Luciano Benetton (born May 13, 1935) has served as chairman of the Benetton Group since its inception. He is also on the Board of Directors of Edizione Holding. In recent years he has reduced his involvement in day-to-day operations. From 1992 to 1994, he was a Senator of the Italian Republic. He has four children from his wife Maria Teresa Maestri, Mauro (born June 15, 1962), Alessandro (born March 2, 1964), Rossella (born June 23, 1965), and Rocco (born September 29, 1969). They all live in Treviso Italy.
  • Giuliana Benetton (born July 8, 1937) is currently on the Board of Directors of both Edizione Holding and Benetton Group. She has had the responsibility for planning Benetton's knitwear collections and coordinates the product lines. Giuliana has four children, Paola, Franca, Daniela and Carlo. They all live in Treviso Italy.
  • Gilberto Benetton (born June 19, 1941) is President of Edizione Holding and oversees all financial and real estate investing. Gilberto Benetton is also President of Autogrill and a Director of the Benetton Group. He is Vice President of Olimpia, the main shareholder in Telecom Italia where he holds the same position and is also a Director of Autostrade S.p.A., Mediobanca S.p.A., Pirelli S.p.A. and Abertis Infrastucturas S.A.. He has two children Barbara and Sabrina who live in Treviso, Italy.
  • Carlo Benetton (born December 26, 1943) is Deputy Chairman of both Edizione Holding and of Benetton Group. He is in charge of production and of the liaison between Benetton's headquarters and its international units. He has four children Massimo, Andrea, Christian and Leone who all live in Treviso. Italy.

The next generation:

  • Franca Benetton, Alessandro Benetton, Sabrina Benetton, and Christian Benetton have been appointed board members of the Edizione Holding, the main Holding of the family and they will be the ones representing the new generation of Benettons into the Future.
  • Alessandro Benetton (born March 2, 1964 in Treviso, Veneto, Italy) son of Luciano and Maria Teresa Benetton. He holds a Bachelor of Science degree from Boston University and an MBA from Harvard. For training, he worked as an analyst in the Global Finance department at Goldman Sachs in London. In 1993 he founded "21 Investimenti S.p.A.," a merchant bank, and is currently Chairman of that company. In 2004 he was appointed Deputy Chairman of the Benetton Group with the special responsibility of overseeing the company's expansion in Eastern and Far Eastern markets, with special reference to China and India. He is currently a board member of Autogrill. He also sits on the Advisory Committee of Robert Bosch Internationale Beteiligungen and is on the council of Confindustria (Confederation of Italian Industry).
  • Rocco Benetton (born September 29, 1969 in Treviso, Veneto, Italy) son of Luciano and Maria Teresa Benetton. After studying in the United States Mechanical Engineering in Boston University, moved to New York where he worked in the hedge funds for Oppenheimer & Co. and Alpha Investment Management where he served as Managing Director. In 1997 he then moved to England where he managed the Benetton Formula One team until the season 2000. He then moved back to Treviso where he founded the Companies Zero Rh+ and Oot Group. In 2003 he also founded Banca del Gottardo Italia together with other Italian enterprenuers and Banca del Gottardo SA, Lugano.
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