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October 9, 2020

James Dyson says entrepreneurialism and wealth creation will help Covid-19 economic recovery, Ferrero family takes the biscuit at Fox’s as acquisition spree continues, Henkel charts modest fourth quarter recovery without lockdowns.

James Dyson says entrepreneurialism and wealth creation will help Covid-19 economic recovery

Family business founder Sir James Dyson says entrepreneurialism and wealth creation should be encouraged to recover the economy from Covid-19 as he announced his Dyson Institute will be permitted to award its own degrees for the first time.

September 25, 2020

Agnelli family’s Exor deals risk with GEDI but reward with Fiat Chrysler; e-commerce, Chinese and comfort sales cushion L’Oreal against the coronavirus, heiress Verena Bahlsen leads her family business to innovation and social responsibility.

Agnelli family’s Exor deals risk with GEDI but reward with Fiat Chrysler

The completion of the Agnelli family’s €104.2 million ($121 million) buy back of control of GEDI from the De Benedetti family came at a fortuitous time as Italy’s largest editorial group suffers in the first half of the year of the coronavirus.

May 13, 2020

Australia’s family-owned Coopers Brewery is demonstrating its resilience against the impacts of the coronavirus pandemic by continuing to manufacture and distribute its products while supporting supply chains and the hospitality sector, and protecting its workforce and philanthropic grants.

Australia’s family-owned Coopers Brewery is demonstrating its resilience against the impacts of the coronavirus pandemic by continuing to manufacture and distribute its products while supporting supply chains and the hospitality sector, and protecting its workforce and philanthropic grants.

Since the Covid-19 outbreak, the sixth-generation family business has grappled with major changes in how it operates, in tandem with difficulties among commercial partners and fluctuating customer demand in an uncertain market.

May 8, 2020

ArcelorMittal upbeat about steel recovery despite $1.1 billion coronavirus loss, Escarrer family has Melia Hotels audited for Covid-19 health and safety, H&M clothing sales plummet 57% in two months as lockdowns bite.

ArcelorMittal upbeat about steel recovery despite $1.1 billion coronavirus loss

Family-owned steel giant ArcelorMittal has suspended its dividend after a net $1.1 billion loss in the first coronavirus-stricken quarter of 2020, but its family principal says steel demand is beginning to rally as lockdowns ease.

April 30, 2020

Bosch launches rapid Covid-19 test and prepares for global recession, Deichmann manages reputational risk over coronavirus rents, sales-hit Volkswagen reviews all projects as car production resumes.

Bosch launches rapid Covid-19 test and prepares for global recession

Bosch, the family-owned multinational engineering and technology giant, has developed and distributed a test for Covid-19 that delivers results after two and a half hours and is finalising a test that gives a verdict in less than 45 minutes.

March 9, 2020

Founder’s great-grandson takes chair as Lego builds in China, billionaire “hotpot queen” chooses Singapore for her new family office and next-gen James Murdoch joins the fight against fake news.

Founder’s great-grandson takes chair as Lego builds in China

Thomas Kirk Kristiansen (pictured), a fourth generation member of Lego’s founding family, has taken over the role of chairman as the Danish toy giant announces record sales.

February 19, 2020

Walmart is disappointed with festive consumer spending and Asda but online sales up 35%, JCB cuts UK production as the coronavirus hits Chinese suppliers, and fifth-generation US newspaper dynasty McClatchy Co files for bankruptcy.

Walmart disappointed with festive consumer spending and Asda but online sales up 35%.

Walmart, the world’s biggest family business with $524 billion in revenue and an economic bellwether, says holiday sales were weaker than anticipated despite online sales jumping 35% in the fiscal year.

November 22, 2019

Melia, Inditex and Damm families lead Spain’s digital revolution, family businesses H&M Group and IKEA unite to study recycled textiles, and Hays family creates 1,500 new careers in the UK’s travel industry.

Melia, Inditex and Damm families lead Spain’s digital revolution

Spanish family businesses Melia Hotels International, Inditex and Damm have been named among the top 10 companies leading the digital transformation of the Spanish economy.

Research by the Coordenadas Institute of Governance and Applied Economics hailed the families and public peers, such as Telefonica and Seat, for adapting their business models through digitalisation. Their motivation was to enhance their competitiveness and position themselves as international benchmarks.

March 1, 2019

The Danish family-owned toy giant Lego Group will build on its return to growth after a two-year slump by accelerating expansion in China, India and the Middle East.

The Danish family-owned toy giant Lego Group will build on its return to growth after a two-year slump by accelerating expansion in China, India and the Middle East.

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