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March 15, 2020

Global family businesses are stepping up to the challenge of the deadly coronavirus pandemic by safeguarding staff, adapting production lines and pledging millions of dollars to the medical relief effort.

Global family businesses are stepping up to the challenge of the deadly coronavirus pandemic by safeguarding staff, adapting production lines and pledging millions of dollars to the medical relief effort.

Lord Bamford (pictured), the second-generation chairman of JCB, said his $5 billion manufacturing family business had been approached by UK Prime Minister Boris Johnson to see if it can help with the production of ventilators. The machines help the breathing of patients whose lungs have been damaged by COVID-19.

December 12, 2019

Pinault family’s Kering explores a Moncler takeover, Charles Koch and George Soros unite against the US war industry, and Blue Haven, Rockefeller and Ford foundations help launch an impact fund.

Pinault family’s Kering explores Moncler takeover

The rivalry between the Pinault and Arnault luxury family businesses appears to be intensifying with Kering in talks to acquire Moncler only weeks after LVMH bought Tiffany and Co for $16 billion.

March 22, 2013

French fashion group PPR has changed its name to Kering, the latest move in its “profound transformation” into a group focused exclusively on the luxury, sport and lifestyle sectors.

French fashion group PPR has changed its name to Kering, the latest move in its “profound transformation” into a group focused exclusively on the luxury, sport and lifestyle sectors.

Second-gen chief executive Francois-Henri Pinault said in a statement: "The change of identity is logical and necessary culmination of the transformation. Beyond a simple change of activity, the new name reflects the new nature of the group."

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.

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