United Colours of Benetton

Type
Internal restructuring
Country
Italy
Region
Nord-Est; Veneto; Treviso
Location of affected unit(s)
Ponzano Veneto, Castrette di Villorba
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
14 - Manufacture of wearing apparel
14 - Manufacture of wearing apparel
228 jobs
Number of planned job losses
Job loss
280 jobs
Number of planned job creations
Job creation
Announcement Date
6 February 2013
Employment effect (start)
31 March 2013
Foreseen end date

Description

Benetton, an Italian-based global fashion brand, is to cut 450 jobs, of which 228 in its Italian sites located at Ponzano Veneto and Castrette di Villorba (in the province of Treviso). According to the plan, the Italian retail chain will be strengthened with 280 recruitments. Moreover, the company has announced that contracts with 135 Italian suppliers will be not renewed.

The trade unions reacted to the company’s decision by requesting the involvement of local authorities in order to avoid the job cuts in the production sites.

In Italy Benetton group has around 2,500 employees.

Sources

  • 6 February 2013: La Repubblica
  • 7 February 2013: Il corriere della sera

Citation

Eurofound (2013), United Colours of Benetton, Internal restructuring in Italy, factsheet number 74907, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74907.