Benetton moves manufacturing closer to Europe

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15 October 2021 à 15h06

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1 minute

Publication: 15 October 2021 à 15h06

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Publication

15 October 2021 à 15h06

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1 minute

Publication: 15 October 2021 à 15h06

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Faced with logistical disruptions due to the global economic recovery and factory closures in Vietnam, Benetton has decided to rely less on Asia.

Since January 2021, it transferred more than 10% of production out Bangladesh, Vietnam, China and India. Suppliers are now from Serbia, Croatia, Turkey, Tunisia and Egypt. By the end of 2022, Benetton will reduce Asian sources by 50%. “The price of a container has gone from US$1,200 to US$1,500 two years ago to US$10,000 today, with prices

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