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H&M

April 8, 2016

Adult colouring book craze prompts growth at Faber-Castell; Tata patriarch defends sale of UK steelworks; and Mixed first quarter for high street giant H&M

Adult colouring book craze prompts growth at Faber-Castell

A surge in the number of people buying adult colouring books has caused double-digit growth at German writing instruments manufacturer Faber-Castell.

The eighth-generation family firm has been forced to run extra shifts in its factory to keep up with demand, Sandra Suppa from Faber-Castell told The Independent.

Adult colouring books have become a surprise success in bookshops and have sold some 16 million copies worldwide.

January 29, 2016

Third-gen Takata CEO and chairman forced to deny he is stepping down; Swedish family business H&M sees drop in gross profit margins; and James Murdoch returns as UK Sky chairman

Third-gen Takata CEO and chairman forced to deny he is stepping down

The third-generation CEO and chairman of Japanese family business Takata has had to confirm via the company that he will not be stepping down from the helm of the company in the midst of a product recall scandal.

The airbag maker is currently responsible for the largest auto recall in history, totaling 18 million vehicles since 2013 and attributed to at least 10 deaths. 

January 30, 2015

A Thai family business next gen buys into UK football, Dalian Wanda plans a new landmark for Sydney, H&M's positive fourth quarter results, and Minor International expands into Latin America and Europe.

Thai Union Frozen Group and Sheffield Wednesday

Dejphon Chansiri, whose family founded and controls the world’s largest producer of tuna, Thai Union Frozen Group, has this week acquired 100% of Sheffield Wednesday Football Club.

September 24, 2014

H&M has become the second family business to take out an award for social responsibility in business, after Axel Johnson Group took out the inaugural award last year.

H&M has become the second family business to take out an award for social responsibility in business, after Axel Johnson Group took out the inaugural award last year.

Karl-Johan Persson, the third-gen chief executive at Swedish fashion company H&M, was this week presented the Pontus Schultz award by Princess Victoria of Sweden.

The jury said that Persson won the award for improving wages and working conditions in the textile factories in a number of developing countries.

March 5, 2014

A reclusive second-gen to Chinese real estate agent Logan Properties has been declared the youngest billionaire on the planet by Forbes World’s Billionaires List, which includes a number of family business members.

A reclusive second-gen to Chinese real estate agent Logan Properties has been declared the youngest billionaire on the planet by Forbes World’s Billionaires List, which includes a number of family business members.

At age 24, Hong Kong native Perenna Kei is an 85% shareholder in the family business and a non-executive director. Her father, Ji Haipeng, is chairman and chief executive of the company.

February 12, 2014

H&M third-gen Karl-Johan Persson has announced the fast-fashion retailer will open its first store in India this year, following approval from the Indian government granted in late 2013.

H&M third-gen Karl-Johan Persson has announced the fast-fashion retailer will open its first store in India this year, following approval from the Indian government granted in late 2013.

In December, the Foreign Investment Promotion Board approved a 7.2 billion rupee (€85 million) investment proposal from the Swedish chain to create a wholly-owned subsidiary in the country.

December 4, 2013

Swedish family empire H&M has been granted approval from the Indian Foreign Investment Promotion Board to launch its stores in the South Asian country, the government announced on Monday.

Swedish family empire H&M has been granted approval from the Indian Foreign Investment Promotion Board to launch its stores in the South Asian country, the government announced on Monday.

The 7.2 billion rupee (€85 million) investment will allow the fast-fashion giant to create a wholly-owned subsidiary in the country, where it has previously said it plans to open 50 stores.

June 13, 2013

Amancio Ortega's Inditex struggled to match last year's growth in the first quarter of its fiscal 2013, H&M's second quarter sales shrank, while Remy Cointreau posted strong results. 

Amancio Ortega's Inditex struggled to match last year's growth in the first quarter of its fiscal 2013, H&M's second quarter sales shrank, while Remy Cointreau posted strong results.

June 10, 2013

The winners of the Families in Business Awards, in association with Societe GenPrivateBanking, are soon to be announced, so take a look at the achievements of CampdenFB's shortlisted candidates. 

The award ceremony will take place on 11 June, at the Cercle National des Armées, in Paris.
 

The winners of the Families in Business Awards, in association with Societe Generale Private Banking, are soon to be announced, so take a look at the achievements of CampdenFB's shortlisted candidates.

The award ceremony will take place tomorrow, 11 June, at the Cercle National des Armées, in Paris.

 

 

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