Vimeo
LinkedIn
Instagram
Share |

Wealth

June 8, 2010

John Pritzker, the son of the founder of the Hyatt hotel chain, announced yesterday he has agreed to purchase a majority share in boutique hotel company Joie De Vivre Hospitality Inc.

John Pritzker, the son of the founder of the Hyatt hotel chain, announced yesterday he has agreed to purchase a majority share in boutique hotel company Joie De Vivre Hospitality Inc.

Geolo Capital, the private equity investment arm of John Pritzker and his family, will take a majority share in the US-based hotel company, while Pritzker will become chairman. Neither side disclosed the financial details of the transaction.
 

June 2, 2010

Jean Cassegrain, the third-generation CEO of luxury retailer Longchamp, said he sees little for the company to be concerned about after positive sales in Europe and the successful launch of a new line during the first half of 2010.

Jean Cassegrain, the third-generation CEO of luxury retailer Longchamp, said he sees little for the company to be concerned about after positive sales in Europe and the successful launch of a new line during the first half of 2010.

May 13, 2010

The latest issue of Campden FB, the magazine dedicated to large, global multigenerational family businesses, is now available

The latest issue of Campden FB, the magazine dedicated to large, global multigenerational family businesses, is now available. Read the issue in full here
 

May 10, 2010

Qatar Holding, the investment arm of the Qatari royal family, has purchased London department store Harrods from its billionaire owner Mohamed Al Fayed.

Qatar Holding, the investment arm of the Qatari royal family, has purchased London department store Harrods from its billionaire owner Mohamed Al Fayed.
 
Al Fayed's advisors Lazard International made the announcement in a statement released on Saturday. "The Al Fayed family trust, owners of Harrods, announce that they have today sold the Harrods Group to Qatar Holding," it said.
 

May 6, 2010

Tonino Cacace, second-generation owner of the Capri Palace Hotel, talks to Margie Goldsmith about artistic luxury, artisan culture and why bigger really is better

Tonino Cacace, second-generation owner of the Capri Palace Hotel, talks to Margie Goldsmith about artistic luxury, artisan culture and why bigger really is better.

As Tonino Cacace, owner of the Capri Palace Hotel & Spa, sits on the terrace of his hotel gazing out at uninterrupted views of the Bay of Naples, he muses that luxury is not only in the surroundings but in every detail of his hotel.

May 5, 2010

The von Trapp family name may be synonymous with a famous musical, but as the second and third generation of the family tell Bryce Hubner, their passion now is building a luxury property in the American wilderness

The von Trapp family name may be synonymous with a famous musical, but as the second and third generation of the family tell Bryce Hubner, their passion now is building a luxury property in the American wilderness.

May 4, 2010

Second-generation CEO Vittorio Missoni tells Claire Adler how the family-run fashion house is riding out the recession in style

Second-generation CEO Vittorio Missoni (pictured) tells Claire Adler how the family-run fashion house is riding out the recession in style.

The supposedly glittering world of high-priced luxury goods has taken a battering of late. Many small and medium companies without the financial and managerial muscle to react to difficult market conditions have sought bankruptcy protection including Christian Lacroix, Escada and Gianfranco Ferre.

April 14, 2010

Matilde Salvo Bocca and brother Bernabò, second-generation co-owners of SINA Fine Italian Hotels restored and opened The Centurion Palace in Venice, adding it to the hotel empire began by their father, writes Margie Goldsmith

Matilde Salvo Bocca and brother Bernabò, second-generation co-owners of SINA Fine Italian Hotels, walk through the lobby of The Centurion Palace in Venice, built on ruins dating back to the Roman Emperor, writes Margie Goldsmith. They restored and opened the hotel in October 2009, adding it to the empire began by their father.

April 7, 2010

Jim Justice, who last week added another luxury resort to his purchase of the legendary Greenbrier property in 2009, has become something of a miracle worker for the people of West Virginia in America’s Appalachian region, writes Darrell Delamaide

Jim Justice, who last week added another luxury resort to his purchase of the legendary Greenbrier property in 2009, has become something of a miracle worker for the people of West Virginia in America's Appalachian region, writes Darrell Delamaide.

Click here >>
Close