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February 25, 2019

Hospitality is second nature to Lydia Forte, the award-winning hotel heiress who is taking her family business into the 21st century, as she explains to James Beech

Only 24 hours before Lydia Forte graciously accepted the CampdenFB Top Family Business Rising Star award on stage at the European Families in Business Awards in Madrid, she had put the finishing touches to her family’s new £3 million ($3.9 million) refurbishment in Edinburgh.

“I was at our Balmoral Hotel (pictured) where we had the first day of opening to the public of our new restaurant, which has been a long time in the making,” explains Forte, the group director of food and beverage at Rocco Forte Hotels. 

February 19, 2019

How the Mexican billionaire Servitje family raised Grupo Bimbo into a multinational bakery product manufacturing giant that produces 13,000 products across 100 brands in 32 countries in less than 80 years.

FAMILY

From a humble family store to the world’s largest bakery company, the story of Mexico’s Grupo Bimbo almost has a Hollywood ring to it.

The company’s genesis can be traced back to the move from Spain to Mexico of Juan Servitje, who founded a bakery and retail outlet in his adopted home country in 1928.

February 18, 2019

The Mexican economy may long have had difficulties in achieving brisk growth, but that has not stopped the nation’s largest family businesses from forging ahead and, in some cases, becoming world leaders. Daniel Bardsley takes a look at this land of extremes and where families fit in

The family business dominates the Mexican economic landscape—an often-used motto in the country is “You trust your blood”—but few nations have such a gaping divide between the large and the small.

At one extreme, Mexico has millions of under-the-radar micro-businesses keen to avoid the attentions of the tax collectors, while at the other it plays host to corporate family-controlled giants that are at the global cutting edge.

February 12, 2019

You can’t choose your family, but you can choose who runs your business. Alexandra Newlove talks to a range of experts about bringing in outside help

In 2006, as Ford Motor Company headed towards a $12.7 billion loss, the worst in the company’s 103-year history, Bill Ford, chief executive and great-grandson of the legendary Henry Ford, realised he needed help.

In an email to staff, Ford introduced his new top man: former Boeing transformation master Alan Mulally, who over the next eight years executed a revitalisation which saw the automaker’s stock appreciate more than 1000% from recession lows, and Mulally remembered as one of the all-time great business leaders.

February 11, 2019

William Herbert, the 18th Earl of Pembroke, may have his family’s Palladian mansion Wilton House decorated with van Dycks and Rembrandts, but the collection closest to heart is parked in his converted coach house. Lord Pembroke shares with James Beech his practical insights on owning and running classic cars as passion investments.

William Herbert, the 18th Earl of Pembroke, may have his family’s Palladian mansion Wilton House decorated with van Dycks and Rembrandts, but the collection closest to heart is parked in his converted coach house. Lord Pembroke shares with James Beech his practical insights on owning and running classic cars as passion investments.

Lord Pembroke inherited his love of motor cars from his great-grandfather, Arthur Wignall Tate, the grandson of Sir Henry, the sugar merchant and philanthropic founder of the Tate gallery.

February 5, 2019

With industrial and consumer uptake growing exponentially, the Internet of Things is disrupting the way businesses operate. Scott McCulloch explores the implications for family firms

With industrial and consumer uptake growing exponentially, the Internet of Things is disrupting the way businesses operate. Scott McCulloch explores the implications for family firms

Think of the billions of physical devices connected to the internet, devices that collect and share data, and you get a sense of the Internet of Things (IoT).

February 4, 2019

The concept of a ‘family office’ is very nascent in India with only 45 formally structured family offices in existence. However, it is gaining popularity.

What are your general observations of the Indian family office market?

January 24, 2019

SO-LE Studio creates unconventional and striking jewellery using leather remnants from the luxury fashion industry. Fresh from winning the Top Next Generation Entrepreneur Award at our European Families in Business Awards, founders Sole Ferragamo, an artist, designer, and the granddaughter of Salvatore Ferragamo, and Leila Hoda, a banker turned humanitarian turned entrepreneur, spoke to Alexandra Newloveabout offcut inspiration, chance meetings, and the double-edged sword of a famous name.

SO-LE Studio creates unconventional and striking jewellery using leather remnants from the luxury fashion industry. Fresh from winning the Top Next Generation Entrepreneur Award at our European Families in Business Awards, founders Sole Ferragamo, an artist, designer, and the granddaughter of Salvatore Ferragamo, and Leila Hoda, a banker turned humanitarian turned entrepreneur, spoke to Alexandra Newloveabout offcut inspiration, chance meetings, and the double-edged sword of a famous name.

January 15, 2019

How the Greek legislation regulates short-term rentals of real estate property within the so-called framework of “sharing economy”.

The Greek legislation regulates short-term rentals of real estate property within the so-called framework of “sharing economy” (through digital platforms like Airbnb) in the article 111 of Law 4446/2016, as amended and in force.

Important definitions

A sharing economy is considered to be any model where digital platforms create an open market for the temporary use of goods or services that are often provided by individuals.

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