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Italy

May 7, 2013

The Agnellis, the family behind Fiat, have built a reputation as one of Italy's greatest industrial dynasties. CampdenFB takes a look at the real people behind the famous names.

April 16, 2013

Oscar Farinetti is one of Italy’s best-known entrepreneurs. His latest venture, a food retailer called Eataly, is among the world’s fastest-growing brands. Family has played a big role in his success.

The calling to be an entrepreneur came to me when I was young, at the age of just 20. I had an overriding desire to be an entrepreneur. At that time, in the late 1970s, I realised that the electronics industry was becoming increasingly important and I decided to start developing my activities in the sector.

January 7, 2013

Vittorio Missoni, the second-generation chief executive of Italian fashion house Missoni, has disappeared off the coast of Venezuela, after the airplane he was travelling on vanished. 

Vittorio Missoni, the second-generation chief executive of Italian fashion house Missoni, has disappeared off the coast of Venezuela, after the airplane he was travelling on vanished.

The plane, which was carrying the family business heir, his wife Maurizia Castiglione, two friends of the couple and two crew members, was reported missing late on 4 January. A large-scale search involving over 385 military personnel, divers and volunteers began over the weekend and remains ongoing.

May 13, 2012

When it comes to family businesses, Naples is best known for its links to the camorra rather than the legitimate form of enterprise. But, small and family-owned shops are everywhere in town. CampdenFB takes a look at one of those businesses – E Marinella, which has established itself as a world-renowned maker of ties. 

When it comes to family businesses, the southern Italian city of Naples is best known for its less than salubrious links to the often family-run camorra, one of the world’s most famous mafia-style crime organisations, rather than the more legitimate forms of the enterprise structure.

But, as anyone who has ever been to this sometimes-troubling city, stretched across the beautiful Gulf of Naples knows, small and mostly family-owned shops are everywhere, adding to the unique flavour of the place.

April 6, 2012

Everyone knows Italians take fashion seriously. So it should come as no surprise that the country’s national sailing team will wear clothing designed by one of Italy’s most famous fashion houses at the Olympic Games in London this summer.

Everyone knows Italians take fashion seriously. So it should come as no surprise that the country’s national sailing team will wear clothing designed by one of Italy’s most famous fashion houses at the Olympic Games in London this summer.

Family-controlled Prada announced this week that it will create the outfits for both the athletes and the technical staff, as part of its sponsorship agreement with Federvela, the Italian sailing federation.

March 7, 2012

Portuguese family business Jeronimo Martins posted strong results this week, while Italian energy group ERG and British retailer Matalan reported large falls in profits.

Portuguese family business Jeronimo Martins posted strong results this week, while Italian energy group ERG and British retailer Matalan reported large falls in profits.

Jeronimo Martins, the food retailer controlled by the Dos Santos family, said revenues jumped 13.2% in 2011 to €9.84 billion, from €8.69 billion in 2010.

In a statement released on 7 March, the Lisbon-based group added that net profit for 2011 was €340 million, compared to €281 million in 2010 – a 21.1% increase.

February 27, 2012

Global volatility looks to be taking its toll on European family-run companies Merck and Fiat, which are respectively cutting jobs and considering closing plants to improve margins.

Global volatility looks to be taking its toll on European family-run companies Merck and Fiat, which are respectively cutting jobs and considering closing plants to improve margins.

German family business Merck, which operates in the pharmaceutical industry, plans to reduce its workforce “across all businesses and regions”, according to a statement.

February 16, 2012

Italy’s economic woes are affecting the country’s family business sector, with two family-controlled auto companies struggling with financial problems. But while car designer Pininfarina will remain family-controlled, automaker De Tomaso has been sold.

Italy’s economic woes are affecting the country’s family business sector, with two family-controlled auto companies struggling with financial problems. But while car designer Pininfarina will remain family-controlled, automaker De Tomaso has been sold.

Pininfarina, which designed some of the world’s most famous cars including the Ferrari Testarossa and Maserati GranTurismo, has reached a debt restructuring deal with its creditors and will remain under the control of the Pininfarina family.

January 30, 2012

The Ligresti family has ended its control of Italy’s second-largest insurance group Fondiaria SAI, in a bid to restructure the insurer’s assets.

The Ligresti family has ended its control of Italy’s second-largest insurance group Fondiaria SAI, in a bid to restructure the insurer’s assets.

According to a statement released on 29 January, the family agreed on a deal that will see rival Unipol increase the capital of Premafin by €400 million.

Premafin is the holding company through which the Ligrestis control Fondiaria SAI, as it owns 38.5% of the insurance group.

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