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Luxury

Marc Puig Guasch on family business growth, succession and the legacy of his father Mariano Puig Planas

August 2, 2021

Marc Puig Guasch, third-generation principal of the global $1.8 billion Spanish family-owned fashion and fragrance business Puig, hails his father as a “titan with a human touch” who led by listening and brought out the best in people.

The chief executive and president of Puig went on to tell CampdenFB why the family is determined to retain control and grow the enterprise but discourage its fourth generation from management.

A brand apart: The enduring family business legacy of Mariano Puig Planas

June 19, 2021

Puig headquarters, Barcelona, 1990, 9:12pm, a young inexperienced product manager was looking at potential packaging designs for a new Puig perfume. He had to pick at least two finalists for a meeting with his boss the following day.

FB Roundup: Marriott International, Henkel, Kering

December 19, 2020

Marriott International scores its ESG performance, Henkel opens its ideas factory, Kering rebounds with e-commerce and growth in North America and China.

Marriott International scores its ESG performance

Family-controlled Marriott International, Inc, the largest lodging company in the world, says it has achieved its goal of spending $500 million with women-owned businesses one year ahead of schedule and spent nearly a billion dollars with diverse- and women-owned businesses.

The goal was among the highlights in its 2020 Serve 360 Report released this month on its diversity, volunteerism and other environmental, social and governance activities.

Four generations of the Cartier family business revealed

December 6, 2019

The story of the family behind Cartier and the three brothers who turned their grandfather’s humble Parisian jewellery store into a global luxury icon is vividly told by descendant Francesca Cartier Brickell in her new book.

In this abridged extract from The Cartiers: The Untold Story of the Family Behind the Jewellery Empire, Francesca recalls her discovery of hundreds of private letters which transformed her understanding of her family and her family’s legendary business.

Business and leather: Sole Ferragamo starts up outside the family

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.

A one-horse race: James Cottingham on Ferrari firm DK Engineering

July 22, 2016

Visit Ferrari specialist DK Engineering and it’s easy to be dazzled by the luxury supercars, but look ‘under the bonnet’ and you’ll see that the real magic is in the well-oiled family machine. Michael Finnigan takes a look

The countryside village of Chorleywood in the United Kingdom might seem like an unlikely setting for a supercar, with its tree-lined streets and meandering streams. Imagine then the contrasting visual of a Ferrari LaFerrari, the latest in a long line of supercars from the eponymous Italian carmaker, as it roars past the duck pond.

Price of luxury living falls for wealthy Londoners

July 3, 2014

Beluga caviar, cigars and fine dining are among the luxury goods and services that became more affordable for wealthy Londoners over the last year, according to new research, marking a significant fall in price inflation.

Conducted by multi family office Stonehage, the research found the decrease was primarily fuelled by a 9.7% fall in the price of luxury consumables.

The future's so bright...I gotta wear shades

February 7, 2014

When Linda Farrow founded her eponymous sunglasses brand in 1970 she quickly became one of the hippest names in fashion. Farrow shelved her business in the mid-1980s but since 2003 her son and daughter-in-law have been taking the resurrected label to fabulous new heights. CampdenFB talks to Simon Jablon

In their early 20s young couple Simon Jablon (left) and Tracy Sedino had the extraordinary good luck of stumbling across a hoard of vintage glasses – a mixture of Linda Farrow, Jablon’s mother’s former label, and other designer stock. Trainee fashion designer Sedino ditched her plans for further study so she and Jablon could bring the Linda Farrow brand back to life.

How to be a successful luxury brand

March 26, 2013

Luxury goods are the quintessentially modern products, charting the spread of wealth and aspiration to the most unlikely places. Campden looks at five things that luxury brands have to do if they are to flourish.

The spread of luxury is the story of the early 21st century. Take this fact: Louis Vuitton, which started life as a trunk-making business in Paris in 1854, will soon open a swanky new store in Kazakhstan. This follows the opening of a massive new store in Shanghai, right at the heart of what was once a hardline Communist state. Luxury goods are the quintessentially modern products, charting the spread of wealth and aspiration to the most unlikely places. Campden looks at five things that luxury brands have to do if they are to flourish in this strange new world.

Croc star

February 28, 2013

Ethan Koh, the 25-year-old fourth-generation tanner and founder of a London-based fashion business, on modern luxury, artisanship — and how to pick the perfect crocodile skin.