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July 16, 2012

From poultry producers and confectioners to luxury goods groups and media conglomerates, family businesses around the world have seen a week of sales, consolidations and acquisitions.

From poultry producers and confectioners to luxury goods groups and media conglomerates, family businesses around the world have seen a week of sales, consolidations and acquisitions.

The family behind poultry producer Inghams Enterprises said on 16 July that it will sell the business, bringing to an end the Inghams' 94-year involvement with the company.

July 12, 2012

When it comes to fashion, few countries get it as right as Italy. CampdenFB looks at some of Italy’s better-known family-controlled fashion houses – and the important role of the family within them.

When it comes to fashion, few countries get it as right as Italy. After all, the country has given rise to such iconic brands as Armani, Prada, Gucci and many, many more.

November 15, 2011

Shelling out £20 million (€23.4 million) for a two-bedroom house in the heart of London may be over the top for some, but for the founder of luxury goods group PPR, Francois Pinault, it was just another investment.

Shelling out £20 million (€23.4 million) for a two-bedroom house in the heart of London may be over the top for some, but for the founder of luxury goods group PPR, Francois Pinault, it was just another investment.

The French billionaire, whose family-controlled PPR owns brands such as Gucci and Stella McCartney, has paid around €23 million for a house in the upmarket neighbourhood of Chelsea.

July 5, 2011

Family-controlled luxury retail giant PPR has gained majority control in watchmaker Sowind Group, controlled by the Macaluso family, in a further move by PPR to increase its presence in the luxury sector.

Family-controlled luxury retail giant PPR has gained majority control in watchmaker Sowind Group, controlled by the Macaluso family, in a further move by PPR to increase its presence in the luxury sector.

PPR, headed by Francois-Henri Pinault, said on 4 July that it has upped its stake in the Swiss watchmaker to 50.1% from its earlier 23% stake. The move comes as PPR continues to refocus its operations on the luxury and lifestyle divisions.

May 3, 2011

Family-controlled luxury retail group PPR announced on 2 May that it will acquire sportswear brand Volcom for €410.9 million, in a further attempt to refocus PPR on the luxury and lifestyle division. 

Family-controlled luxury retail group PPR announced on 2 May that it will acquire sportswear brand Volcom for €410.9 million, in a further attempt to refocus PPR on the luxury and lifestyle division.

In a statement, the group said that it will buy 100% of California-based Volcom’s shares as it tries to expand PPR’s sports and lifestyle operations. It expects the deal to be completed by the third quarter of the year.

The purchase is a further example of PPR’s strategy to specialise in clothes and accessories focused on the luxury markets.

February 18, 2011

Family-controlled luxury goods company, PPR, announced on 17 February that group head Francois-Henri Pinault will take direct control of the luxury business group, amid an announcement of a rise in the company’s profits.

Family-controlled luxury goods company, PPR, announced on 17 February that group head Francois-Henri Pinault will take direct control of the luxury business group, amid an announcement of a rise in the company’s profits.

The Paris-based company said in a statement that the luxury business group, which includes Gucci, Bottega Veneta and YSL, will report directly to Pinault, second-generation head of PPR, and the individual brands will continue to retain autonomy under its respective directors.

June 28, 2010

Elisabetta Gucci has reportedly received a lawsuit from the luxury group founded by her great grandfather Guccio Gucci over her plans to open a global chain of hotels under her name.

Elisabetta Gucci has reportedly received a lawsuit from the luxury group founded by her great grandfather Guccio Gucci over her plans to launch a hotel chain in her name.

The Bloomberg news service is reporting that Gucci Group, owned by the Pinault family-controlled PPR Group since 2004, has filed a lawsuit in Italy against Elisabetta and her partners in order to protect its rights.

April 30, 2010

Family business brands are racing into the top ranks of the best global brands. According to the Interbrand Global Brands 2009, 26 of the top 100 were family businesses, of which 20 had moved up in the rankings from the previous year

Family business brands are racing into the top ranks of the best global brands. According to the Interbrand Global Brands 2009, 26 of the top 100 were family businesses, of which 20 had moved up in the rankings from the previous year. Four (Toyota, BMW, Louis Vuitton Moet Hennessey and Samsung) were in the top 20.

February 12, 2010

Francois-Henri Pinault yesterday paid tribute to Alexander McQueen, the British fashion designer found dead at his home. He was 40.

Francois-Henri Pinault yesterday paid tribute to Alexander McQueen, the British fashion designer found dead at his home. He was 40.

Pinault, the second-generation chairman and CEO of the luxury retail group PPR that owns the Alexander McQueen brand, said: "Alexander McQueen was one of the greatest designers of his generation. His genius, sometimes proactive, but admired and commended by everyone, constantly brought new perspectives."

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