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reputation crisis

August 17, 2018

Italy’s Benetton family is under attack from politicians and the public following the involvement of one of their companies in the Genoa bridge tragedy.

Italy’s Benetton family is under attack from politicians and the public following the involvement of one of their companies in the Genoa bridge tragedy.

April 19, 2018

Nut rage to water rage, Holtzbrinck family use special structure to keep control, and family-owned giants step up climate action

Nut rage to water rage

The family made famous by the “nut rage” scandal is at the centre of renewed controversy, after its heiress allegedly threw water on people during a business meeting and smuggled goods into Korea illegally.

September 22, 2015

Family-controlled carmaker Volkswagen has admitted it deliberately tampered with thousands of its cars’ emission testing software to deceive US environmental authorities.

Family-controlled carmaker Volkswagen has admitted it deliberately tampered with thousands of its cars’ emission testing software to deceive US environmental authorities.

It faces an initial fine of $18 billion for the 11 million cars affected, equivalent to its net annual profits, but if further investigations find the rigging is more widespread this could rise.

The German carmaker posted revenues of €197 billion in 2013.

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