MILAN — Benetton chief executive officer Gerolamo Caccia Dominioni is expected to leave his post in April at the end of his three-year contract, according to sources in Italy.
A spokesman at the Italian apparel manufacturer declined comment Monday.
Caccia Dominioni was previously the London-based vice chairman and chief operating officer of Warner Music International, a division of Warner Music, and he succeeded Silvano Cassano as Benetton ceo in 2007. Cassano left the company after clashing with the Benetton family over international strategy. Alessandro Benetton holds the title of executive vice president, and his father, patriarch Luciano Benetton, that of chairman.
Sources say the involvement of the family could also have led to friction with Caccia Dominioni. As for the future, the question is: Could another nonfashion executive take Benetton’s helm? Cassano is a former Fiat executive and his predecessors Luigi De Puppi and Carlo Gilardi came from the worlds of home appliances and banking, respectively.
Benetton’s preliminary 2009 financial results will be reported Jan. 28. For the three months through Sept. 30, net profits increased to 56 million euros, or $80 million, from 38 million euros, or $57.3 million. Revenues grew 13.2 percent to 609 million euros, or $870.4 million, from 538 million euros, or $810.6 million.
@beyonce chose a custom gown by @falgunishanepeacockindia for mother @mstinalawson 's second annual Wearable Art Gala last night. The gown, which took 10 days to make, was inspired by Nubian warrior queen Amanishakheto. Reporting by @hernameislex . #wwdeye 👑 🐝#beyonce
After dressing @justintimberlake for his Super Bowl halftime performance last month, @stellamccartney has designed the star’s "Man of the Woods" tour wardrobe. Timberlake will be wearing a mix of pieces from McCartney’s fall men's collection as well as custom designs and items from his own closet. #wwdfashion
@carmeloanthony is upping his fashion game once again, introducing a hat collection with @goorinbros. Called Fresh Greens by Melo x Goorin, the line consists of five unisex models, all of which are made in America from 100 percent wool. Each hat is lined with Anthony’s signature and the inscription “Knowledge of self, wisdom and understanding.” You can purchase the collection line at Goorin’s website as well as three off its stores in San Francisco, New York City and Las Vegas #wwdaccessories
“I am of tradition, but that doesn’t mean I have an old outlook on life,” Hubert de Givenchy told WWD in an interview in 1978. The legendary designer, who died last week at the age of 91, achieved wide success soon after launching his own couture boutique in the early ’50s, but he refused to pine for that time. For the first time since its original publication, read our interview with Givenchy on his awe for Audrey Hepburn and looking forward. Link in bio. #wwdarchives #fbf (📷: Pierre Schermann)
About last night: @alexachung and @supergausa toasted the launch of their capsule collection. “It’s the shape that I love, so rather than amend the last and make the sole crazy or do anything wild, we just did really subtle additions that I think make it look really luxe-y,” said Chung. #wwdfashion (📷: Marc Patrick)
Exclusive: @off____white’s @virgilabloh is launching an exclusive eyewear capsule collection @sunglasshut. The unisex collection, which is made up of three styles, first made its debut on the brand’s fall runway show in Paris. Get all the details on WWD.com – link in bio. #wwdnews #wwdfashion