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Family Business

October 4, 2019

Australia’s leading family of brewers has restructured its senior management to enable the fifth generation to transfer from commercial to custodial roles while the upcoming sixth generation learns the business.

Australia’s leading family of brewers has restructured its senior management to enable the fifth generation to transfer from commercial to custodial roles while the upcoming sixth generation learns the business.

Coopers Brewery said the organisational restructure was designed to provide additional support for Dr Tim Cooper (pictured), fifth-generation managing director, and to provide a more effective and efficient engagement with customers. The changes included the appointment of a general manager and the recruitment of a national marketing manager.

October 2, 2019

As the political crisis in Hong Kong heats up, migration consultants are being flooded with inquiries from ultra-wealthy families who are looking to leave the embattled city.

As the political crisis in Hong Kong heats up, migration consultants are being flooded with inquiries from ultra-wealthy families who are looking to leave the embattled city.

After a day of celebration in Beijing for the 70th anniversary of Communist Party rule, violent protests once again broke out in Hong Kong, with petrol bombs and bricks thrown by protesters and one 18-year-old protestor shot in the chest with a live bullet.

October 2, 2019

JCB digs into record sales against softening markets, IKEA assembles 5% increase in sales after transformation, American, Chinese sales help brew 39% profit for illycaffe.

JCB digs into record sales against softening markets

Bamford family-controlled manufacturer JCB says growth has stalled, especially in its biggest market India, despite sales increasing by almost a quarter last year.

October 1, 2019

Family-owned Forever 21 files for bankruptcy, billionaire Carlos Slim’s company confident over Mexican TV licence and Fiji Water billionaires gift $750 million for climate change research.

Family-owned Forever 21 files for bankruptcy

Forever 21, a family-owned teen fashion retailer, has filed for bankruptcy protection, toppled by intense competition and its own rapid expansion.

In a statement, the retailer said as part of its restructuring, it would look to close most of its international stores in Asia and Europe and 178 stores in the US, with up to 350 stores closing overall. It will continue operations in Mexico and Latin America.

September 30, 2019

CampdenFB has featured many of the leading lights in the family business and family office space over its 75 issues. Here we take a look at some of the icons in the world of business families plus the up-and-comers taking the community into the 21st century

CampdenFB has featured many of the leading lights in the family business and family office space over its 75 issues. Here we take a look at some of the icons in the world of business families plus the up-and-comers taking the community into the 21st century.

September 27, 2019

Family investors collecting art for passion or profit, or a blend of both, should pay for the best example of an artist’s work they can, in a market made erratic by geopolitical uncertainty, say vendors at the latest LAPADA Art and Antiques Fair in London.

Family investors collecting art for passion or profit, or a blend of both, should pay for the best example of an artist’s work they can, in a market made erratic by geopolitical uncertainty, say vendors at the latest LAPADA Art and Antiques Fair in London.

September 26, 2019

Families looking to formalise their governance structure should ensure all next generation members are involved in the process so they can voice ideas for their future and contribute to the terms, says next gen Marie-Amelie Jacquet.

Families looking to formalise their governance structure should ensure all next generation members are involved in the process so they can voice ideas for their future and contribute to the terms, says next gen Marie-Amelie Jacquet.

September 25, 2019

Rapid growth in the number of ultra-wealthy individuals worldwide has slowed to a crawl and their total wealth has dropped for the first time in three years to $32.3 trillion.

Rapid growth in the number of ultra-wealthy individuals worldwide has slowed to a crawl and their total wealth has dropped for the first time in three years to $32.3 trillion.

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