Benetton and LVMH are the latest global family businesses to enhance their brands by touting their sustainability commitments, but family experts note the value-adds of marketing authenticity to millennials and reputational rehabilitation.
Benetton and LVMH are the latest global family businesses to enhance their brands by touting their sustainability commitments, but family experts note the value-adds of marketing authenticity to millennials and reputational rehabilitation.
From 2020, Benetton Group collections will be increasingly sustainable with the use of mono-fibre, organic cotton, natural fibres, cellulose-based labels, natural dyes and laser and ozone treatments.
Gry Osnes, editor of Family Capitalism: Best Practices in Ownership & Leadership, continues her discussion of 10 core disciplines based on the research she supervised into the strategic and entrepreneurial approaches taken by successful family enterprises. After her first five principles last week, here are her final five.
Gry Osnes, editor of Family Capitalism: Best Practices in Ownership & Leadership, continues her discussion of 10 core disciplines based on the research she supervised into the strategic and entrepreneurial approaches taken by successful family enterprises. After her first five principles were explored last week, here are her final five.
Senior managers in finance and insurance are the most concerned about cybersecurity but only 60% classify it as a “very high priority,” research finds.
Senior managers in finance and insurance are the most concerned about cybersecurity but only 60% classify it as a “very high priority,” research finds.
London-based property firm Savoy Stewart called on businesses to take cybersecurity seriously after it looked at research by Gov.uk on the attitudes of more than 1,500 UK companies in 11 sectors.
In the second of a two part commentary, global advisory firm Maitland Group, considers a family trust as a financial institution or a non-financial entity.
In the second of a two part commentary, global advisory firm Maitland Group, considers a family trust as a financial institution or a non-financial entity.
No one likes to be a square peg in a round hole. It doesn’t feel right. However, for protectors of family trusts with an eye on the new Common Reporting Standard (CRS) requirements, it can often be better for the trust to wear the incongruous name of “financial institution” than the alternative of “passive non-financial entity”.
In the first of a two part commentary, global advisory firm Maitland Group, explains what the Common Reporting Standard means for protectors of family trusts.
In the first of a two part commentary, global advisory firm Maitland Group, explains what the Common Reporting Standard means for protectors of family trusts.
Being the protector of a family trust can seem a pretty thankless task. The role comes with a swathe of duties and obligations, albeit laudable, and will often be unremunerated. What’s more, protectors will frequently incur personal expense and inconvenience arising from their office.
A list of 12 policy recommendations to support British family businesses has been published by a national sector organisation, ahead of the country’s elections next year.
A list of 12 policy recommendations to support British family businesses has been published by a national sector organisation, ahead of the country’s elections next year.
Notable family businesses in the UK include construction machinery manufacturer JCB, famed for its yellow diggers, and Associated British Food, which is controlled by the Weston family and owns discount retailer Primark.
From Brussels to Berlin and Westminster to Washington, family businesses are making themselves heard in the halls of power. But how much influence is enough and how much is too much?
The return of German chancellor Angela Merkel and the current coalition government at next week's general elections would be the best outcome for the nation's family firms, according to an organisation representing some of Germany's largest family-run companies.
The return of German chancellor Angela Merkel and the current coalition government at next week's general elections would be the best outcome for the nation's family firms, according to an organisation representing some of Germany's largest family-run companies.
An Australian white paper examining the role of family businesses in the national economy could be forgotten in the wake of national elections this year, a family business expert says.
An Australian white paper examining the role of family businesses in the national economy could be forgotten in the wake of national elections this year, a family business expert says.
The report, Family Business in Australia – Different and Significant, published in March, was the result of months of research by a parliamentary joint committee aiming to quantify the contribution of family businesses to the economy and to assess the challenges they face.
Malta’s minister for the economy, investment and small business has announced the government has started work on a family business act that would be the first of its kind in Europe.
Malta’s minister for the economy, investment and small business has announced the government has started work on a family business act that would be the first of its kind in Europe.
Speaking at the Bank of Valletta-PwC Family Business Forum, Chris Cardona said family-run businesses made up around 75% of the private sector in Malta.
However, he said there had never been legislation designed purely for family businesses.
