Italy : Luciano & Caccia Dominioni purchase Benetton Group shares

January 19, 2008

Luciano Benetton, Chairman of Benetton Group and Gerolamo Caccia Dominioni, Managing Director, have purchased in the last 24 hours 330,000 and 50,000 Benetton shares respectively.

“Benetton Group has solid fundamentals and I am convinced that recent market reaction is based purely on considerations determined by factors unrelated to the trend of the Company's performance and which do not reflect the current and future value of the share” stated Caccia Dominioni, confirming also forecasts for a 9% growth in revenues in 2007 and an increase in EBITDA of over 20%.

Benetton Group

Source @ Fibre2fashion.com