Italy's Benetton reports a profit of €120 million

01/28/2010 | Wall Street Journal, The

Benetton, the Italian clothing retailer, posted a profit last year of €120 million, a 22% decline from the previous year. The results beat Wall Street expectations. The retailer's sales were down 4%. Benetton says it is working to bolster its collaboration with its sales partners and reduce expenses.

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