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April 22, 2020

Walton family’s Walmart hires 200,000 furloughed staff and pauses Asda sale, Barbour family switches production from clothing to personal protection equipment, Grosvenor Estate targets help at vulnerable businesses and families.

Walton family’s Walmart hires 200,000 furloughed staff and pauses Asda sale

Walmart, the world’s biggest family business, reached its goal of hiring 150,000 new employees by the end of May in less than a month and has pledged to hire an extra 50,000 staff as part of the US retailer’s response to the coronavirus crisis.

January 10, 2020

Pentland consolidates global Speedo portfolio ahead of Olympics, Heinrich Deichmann on family-funded growth and philanthropy, and family succeeds Georges Duboeuf, France’s “pope of Beaujolais”.

Pentland consolidates global Speedo portfolio ahead of Olympics

British family business Pentland Group has acquired Speedo North America for $170 million, ahead of the 2020 Tokyo Olympics and Paralympics and the competition of many Speedo athletes.

The second-generation $3 billion group announced this week it had entered into a definitive agreement for the business with apparel company PVH Corp. Speedo International licensed the Speedo trademark to a PVH subsidiary for use in North America and the Caribbean.

December 23, 2019

Reimann family’s JAB Holding blends coffee brands, Lauder family fortunes rise as empire grows, Wallenberg family’s Electrolux makes white goods go green.

Reimann family’s JAB Holding blends coffee brands

JAB Holding, family office of Germany’s billionaire Reimann family, is merging two of its coffee brands with a view to a major listing in 2020 as competition with Nestle heats up.

December 19, 2019

Verena Bahlsen, next generation entrepreneur and co-founder of food innovation incubator HERMANN’S, is looking to drive her family’s business into the future. She spoke to Susan Lingeswaran about history, being disruptive, and preserving legacy.

Verena Bahlsen, next generation entrepreneur and co-founder of food innovation incubator HERMANN’S, is looking to drive her family’s business into the future. She spoke to Susan Lingeswaran about history, being disruptive, and preserving legacy.

September 12, 2019

The matriarch of UK family business Barbour says understated product upgrades and investment in talent are key in their global lifestyle brand’s longevity and sustainability over five generations.

The matriarch of UK family business Barbour says understated product upgrades and investment in talent are key in their global lifestyle brand’s longevity and sustainability over five generations.

September 21, 2018

LVMH next gen Frederic Arnault promoted, European anti-trust regulator probes family carmakers in ‘circle of five’, Family-owned Lego’s consumer reputation beats Google and Amazon.

LVMH next gen Frederic Arnault promoted

Frederic Arnault, the next gen of the world’s leading family-owned luxury products group, has been promoted as part of a restructure of leadership of the group’s wristwatch brands.

July 19, 2017

Carla Fendi, award-winning honorary president, public face, entrepreneur, arts collector and patron, and philanthropist of the billion-euro Italian family luxury fashion house Fendi, has died in Rome at the age of 79 after a long illness.

Carla Fendi, award-winning honorary president, public face, entrepreneur, arts collector and patron, and philanthropist of the billion-euro Italian family luxury fashion house Fendi, has died in Rome at the age of 79 after a long illness.

Carla and her equally formidable Fendi sisters Paola, Anna, Franca and Alda transformed the humble family business into a desirable global brand, renowned for its monogrammed handbags and leather goods beloved by Hollywood and European royalty.

March 8, 2017

A report by consultancy EY found family office branding can predict as much as 35% of return on equity when combined with growth ambition, sustainability, and family cohesion. But what is a family office brand?

A report by consultancy EY found family office branding can predict as much as 35% of return on equity when combined with growth ambition, sustainability, and family cohesion. But what is a family office brand?

Stakeholders, ranging from family members, professional advisers, employees, clients and communities, differ in their structural relationship to the family office, depending on whether it is a single family office (SFO) or multi family office (MFO).

December 6, 2016

The Danish family owners of the $5 billion Lego Group have appointed the non-family executive who quadrupled revenue in less than 10 years to a new effort to develop the long-term potential of the brand.

The Danish family owners of the $5 billion Lego Group have appointed the non-family executive who quadrupled revenue in less than 10 years to a new effort to develop the long-term potential of the brand.

The Kirk Kristiansen family, owners of arguably the biggest toymaker in the world, announced today they have decided to establish the Lego Brand Group.

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