Higher Raw Materials Costs Hit Benetton

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MILAN — Higher raw material costs and lower consumer spending in the Mediterranean area dragged Benetton Group’s net profit down 28.3 percent to 73 million euros, or $101.4...

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Higher Raw Materials Costs Hit Benetton

In 2011, revenues decreased 1 percent to 2.03 billion euros, or $2.82 billion.

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