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Pinault

April 10, 2020

A decade-old, blockchain technology is facing an inflection point. A few years ago it was easy to find people who were evangelically enthusiastic about it. A 2015 World Economic Forum survey of more than 800 executives and experts from the information and communications technology sector found the majority believed that by 2027, 10% of global GDP would be stored on blockchain technology.

Facebook’s Libra launch shows blockchain has entered the mainstream. Jeremy Hazlehurst looks at what the technology really means for family businesses

A decade-old, blockchain technology is facing an inflection point. A few years ago it was easy to find people who were evangelically enthusiastic about it. A 2015 World Economic Forum survey of more than 800 executives and experts from the information and communications technology sector found the majority believed that by 2027, 10% of global GDP would be stored on blockchain technology.

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.

October 10, 2019

Europa-Park founder Roland Mack measures success in succession, Grupo Bimbo spends dough on British bagels, Pinault and Arnault families give $330 million to Notre Dame restoration.

Europa-Park founder Roland Mack measures success in succession

The founder of Germany´s largest theme park has praised his family and hailed the importance of good governance and succession planning as he celebrates his 70th birthday this week.

July 6, 2017

Rothschild boast “record year”; Espresso House acquires Balzac Coffee; and Pinault family buy into luxury fashion house.

Rothschild boast “record year”

Advising the Arnault family on its €12 billion ($13.6 billion) Christian Dior acquisition was among the headline deals that led to a 15% jump in global merger and acquisition (M&A) revenue at sixth-generation Rothschild Group.

The significant rise in global M&A revenue to €875m, helped its global advisory unit achieve record performance for the second successive year and powered the 200-year-old family business to annual revenues of €1.77 billion – an 11% increase on 2016.

October 28, 2016

Hero MotoCorp posts “best ever” quarterly sales; Gina Rinehart spends $400 million on fertiliser investment; and Kering shares hit 15-year high on Gucci success

Hero MotoCorp posts “best ever” quarterly sales

Indian motorcycle manufacturer Hero MotoCorp, owned by the Munjal family, reported a 28% increase in net profit this week in what has been called its best-ever quarterly sales.

Pawan Munjal, chairman, managing director and chief executive of Hero MotoCorp, said the record-breaking sales were a reiteration of the “overwhelming” customer preference for the company's products.

January 22, 2014

An original Apple Mac prototype was the most expensive purchase made through Christie’s online-only auctions in 2013, as the auction house invests in its Internet platform to drive sales.

An original Apple Mac prototype was the most expensive purchase made through Christie’s online-only auctions in 2013, as the auction house invests in its Internet platform to drive sales.

Christie’s, which is part of Francois-Henri Pinault’s holding company, Groupe Artemis, posted sales of £4.54 billion (€5.5 billion) for the year ended December 2013, up 16% on the previous year – the highest sales total for any auction house in the history of the art market.

July 23, 2013

Admirers of luxury brands such as Gucci and Balenciaga will soon be able to judge the art collection of the family business patriarch behind the French fashion houses.

Admirers of luxury brands such as Gucci and Balenciaga will soon be able to judge the art collection of the family business patriarch behind the French fashion houses.

Francois Pinault, founder of luxury retail holding group Kering, has announced an upcoming exhibition in Paris, where he will display 50 works from his collection, by 22 artists.

Pinault is one of the most prolific art collectors in the world.

March 27, 2013

Kering acquires crocodile skin tannery France Croco; Hutchison Whampoa posted strong results.

Kering acquires crocodile skin tannery France Croco; Hutchison Whampoa posted strong results.

Kering/France Croco
Kering – formerly PPR – announced on 25 March it has bought a majority stake in crocodile skin tannery France Croco, based in Normandy.

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."

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