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November 27, 2019

The Lego Group is building its connections with adult consumers by buying an online fan platform from the family office of a South Korean tech entrepreneur.

The Lego Group is building its connections with adult consumers by buying an online fan platform from the family office of a South Korean tech entrepreneur.

November 25, 2019

The French family behind the world’s largest luxury group LVMH has made its biggest ever acquisition by adding the US jewellery brand Tiffany & Co to its portfolio for an up-scaled offer of $16 billion.

The French family behind the world’s largest luxury group LVMH has made its biggest ever acquisition by adding the US jewellery brand Tiffany & Co to its portfolio for an up-scaled offer of $16 billion.

The $51.5 billion (€46.8 billion) LVMH empire will acquire the $4.4 billion Tiffany for $135 per share in cash, in a transaction with an equity value of $16.2 billion (€14.7 billion). The luxury goods giant increased its offer from $120 per share last month.

October 31, 2019

European family business titans Fiat Chrysler and LVMH look to consolidate their dominance in their automaking and luxury goods markets in an uncertain world by eyeing multi-billion dollar mergers.

European family business titans Fiat Chrysler and LVMH look to consolidate their dominance in their automaking and luxury goods markets in an uncertain world by eyeing multi-billion dollar mergers.

The Italian Agnelli family, which controls Fiat Chrysler through its holding company Exor, was expected to approve the proposed $48 billion union with Peugeot-owner PSA, itself 12.2% owned by the French Peugeot family.

January 10, 2019

Share, anticipate and plan are the lessons family business founders can learn from Jeanne Augier, the grande dame of French luxury hospitality, who died aged 95 this week without naming an heir to her legendary palatial hotel.

Share, anticipate and plan are the lessons family business founders can learn from Jeanne Augier, the grande dame of French luxury hospitality, who died aged 95 this week without naming an heir to her legendary palatial hotel.

The board of directors and 180 employees of the Negresco Hotel in Nice said they were “extremely sad” to announce the passing of Jeanne Augier, owner and chief executive, on 7 January.

June 29, 2018

Chanel reveals $10 billion turnover, Wang family buy German auto parts maker, and British chocolate legend dies

Chanel reveals $10 billion turnover

Chanel has broken a century of silence over its financial results, revealing it brought in $9.6 billion in 2017.

The company, owned by the Wertheimer family, has long been suspected to rule the luxury brands, and its first results release confirmed this. Its nearest competitor, Gucci, turned over $7.2 billion in 2017.

October 31, 2014

Heading to university in the US, Hussain Al Alawi, 33, got a taste of the highflying lifestyles of some of his classmates. But with a father unwilling to bankroll such extravagance, the third-gen got entrepreneurial

May 9, 2013

Ottavio Missoni, who together with his wife founded the eponymous Italian fashion house famous for its geometrical patterns and colourful knitwear, has died aged 92. 

Ottavio Missoni, who together with his wife founded the eponymous Italian fashion house famous for its geometrical patterns and colourful knitwear, has died aged 92.

Missoni, nicknamed Tai, was born in what is now Dubrovnik, in the Kingdom of Yugoslavia, the son of a sea captain and an Austrian countess. He was a student world athletics champion but when war broke out he found himself an infantryman, and was held a British prisoner of war for four years after fighting at El Alamein.

April 11, 2013

The family-run firms of Savile Row are an object lesson in how to update a centuries-old brand. Campden looks at the family business keeping classic tailoring on-trend.

If you’d walked into the upstairs offices of Savile Row tailor Henry Poole & Co a few weeks ago you’d have been met by a plaster model of the seated figure of the late Emperor Hirohito of Japan, completely naked except for a pair of smartly polished black City brogues. 

March 26, 2013

Luxury goods are the quintessentially modern products, charting the spread of wealth and aspiration to the most unlikely places. Campden looks at five things that luxury brands have to do if they are to flourish.

The spread of luxury is the story of the early 21st century. Take this fact: Louis Vuitton, which started life as a trunk-making business in Paris in 1854, will soon open a swanky new store in Kazakhstan. This follows the opening of a massive new store in Shanghai, right at the heart of what was once a hardline Communist state. Luxury goods are the quintessentially modern products, charting the spread of wealth and aspiration to the most unlikely places. Campden looks at five things that luxury brands have to do if they are to flourish in this strange new world.

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