Benetton donates money to fund for Rana Plaza victims

Benetton donates money to fund for Rana Plaza victims

Italian fashion brand Benetton has pledged donate money to the fund for the Rana Plaza victims. Back in 2013, more than 1,000 people died because of a disaster in that textile factory in Bangladesh.

Sum disclosed before 24 April

The Rana Plaza Donors Trust Fund was created to bring together the donations of several public institutions and companies. Benetton had previously refused to donate money to a fund founded by companies that were involved in the textile factory disaster, claiming there was insufficient clarity about the fund's goal.

 

However, the Italians have now decided to donate money to the Rana Plaza Donors Trust Fund, however the full amount will be revealed at a later date - prior to 24 April, the day of the disaster.

 

The fund has claimed it needs 35 million euro to compensate all victims and relatives fairly and that it currently falls 8 million euro short. It hopes Benetton will wipe away that amount in a single donation.

Questions or comments? Please feel free to contact the editors


Italian gelato is European market leader

11/08/2017

Italian cuisine is revered all across the globe, with people often thinking of pizza and pasta. However, Italians also have an ironclad reputation when it comes to ice cream. This is also reflected in sales, because Italians are the European market leader.

Oprah Winfrey and Kraft Heinz join forces

10/08/2017

American tv star Oprah Winfrey has joined forces with Kraft Heinz to develop a range of “healthy and nutritious soups and side dishes”. The range, currently only available in the United States, should help Kraft Heinz generate turnover growth once more.

Ahold Delhaize continues to struggle in Belgium

09/08/2017

Belgian-Dutch supermarket group Ahold Delhaize has had a very good second quarter, with the company thinking last year's merger could result in lower costs than previously anticipated. On the other hand, Belgium's performance is still weak.

Sainsbury’s wants to cut 1,000 jobs

07/08/2017

Sainsbury’s, the second largest supermarket chain in the United Kingdom, is allegedly planning to cut 1,000 office jobs in order to save up to 500 million pounds (550 million euro).

Higher Kraft Heinz profit despite lower turnover

04/08/2017

Food company Kraft Heinz’ second quarter like-for-like turnover dropped slightly, but the American company did manage to seriously enhance its profitability.

Max Koeune becomes new McCain CEO

03/08/2017

Max Koeune will become potato processing company McCain Foods’ new CEO. The Canadian family business revealed the news after its current CEO, Belgian Dirk Van de Put, moved to the world’s largest snack manufacturer, Mondelez.

Back to top