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December 10, 2011

When you’re the head of a luxury conglomerate like LVMH, there’s a certain upmarket reputation to uphold. So it’s of little wonder that chief executive Bernard Arnault is reportedly in talks to buy property on London’s exclusive Bond Street. 

When you’re the head of a luxury conglomerate like LVMH, there’s a certain upmarket reputation to uphold. So it’s of little wonder that chief executive Bernard Arnault is reportedly in talks to buy property on London’s exclusive Bond Street.

The family business is looking at a trio of shops on the street, including its flagshop Louis Vuitton store at 17-20 Bond Street, according to reports.

December 7, 2011

International law firm Mishcon de Reya has upped its focus on family businesses in the US by introducing a new family law division.

International law firm Mishcon de Reya has upped its focus on family businesses in the US by introducing a new family law division.

It will be headed by Michael Stutman, an expert in resolving family disputes and divorce settlements. The New York-based office will handle clients who are involved in family businesses.

December 3, 2011

It’s known as one of the toughest, most gruelling off-road races in the world, but that hasn’t deterred one family business from lending its support to the Dakar Rally. 

It’s known as one of the toughest, most gruelling off-road races in the world, but that hasn’t deterred one family business from lending its support to the Dakar Rally.

For eight years in a row, Henkel, controlled by descendants of founder Fritz Henkel, has sponsored the Dakar Rally – which will next take place in January 2012 in Argentina, Chile and Peru.

November 4, 2011

A family-run whiskey maker that recently played a part in Oscar-nominated filmmaker Ken Burns’s documentary Prohibition is to release a number of its limited edition bourbons this month.  

A family-run whiskey maker that recently played a part in Oscar-nominated filmmaker Ken Burns’s documentary Prohibition is to release a number of its limited edition bourbons this month.

Buffalo Trace Distillery produces the Van Winkle bourbon whiskey portfolio, comprising four bourbons, each aged between 10 and 23 years, and they will hit selected retail stores by the end of November.

November 1, 2011

A member of the Coutts family, which was once behind bank giant Coutts and Co, where the Queen keeps some of her money, is set to sleep rough for a week. 

A member of the Coutts family, which was once behind banking giant Coutts and Co, where the Queen keeps some of her money, is set to sleep rough for a week.

Drummond Money-Coutts, son of former investment banker Crispin Money-Coutts, who was the last of the Coutts to work in the family business, is hoping to raise awareness of homelessness when he takes to the streets of London in a fortnight’s time.

October 13, 2011

Many of Spain’s top family businesses, as well as a sprinkling of businesses from other parts of Europe, gathered at a CampdenFB/Ernst & Young roundtable in September. 

Many of Spain’s top family businesses, as well as a sprinkling of businesses from other parts of Europe, gathered at a CampdenFB/Ernst & Young roundtable in September.

Hosted by the Torres family, makers of some of Spain’s most famous wines, in its bodegas outside of Barcelona (pictured), delegates discussed the big issue of non-family directors in family businesses.

September 27, 2011

Getting a family business to survive past the third generation is usually a difficult task, it is often said. But not so for one British company - John Brooke and Sons is currently in its 19th generation.

Getting a family business to survive past the third generation is a difficult task, it is often said. But not for one British company - John Brooke and Sons is currently in its 19th generation.

The Huddersfield-based business, which can trace its history back to 1541, will soon be celebrated in a new exhibition called A Story of a Yorkshire Mill: 400 Years of Cloth Making.

September 22, 2011

Family-controlled Coopers Brewery says it will become the largest Australian-owned brewer once a planned takeover of rival Foster’s is completed.

Family-controlled Coopers Brewery says it will become the largest Australian-owned brewer once a planned takeover of rival Foster’s is completed.

Foster’s, the maker of VB and Crown Lager, has agreed to an offer worth AUS$9.9 billion (€7.2 billion) from London-based brewer SABMiller, producer of Grolsch and Miller Lite.

Although it only controls 4% of the market, the Foster's takeover should make Coopers, which will enter its 150th year in 2012, the biggest Australian brewery.

September 20, 2011

The majority of top managers and family business owners think that the nature of family firms helps them survive economic downturns, but they also believe that absence of meritocracy and rivalry among family members can affect commercial success.

The majority of top managers and family business owners think that the nature of family firms helps them survive economic downturns, but they also believe that absence of meritocracy and rivalry among family members can affect commercial success.

These are the findings of a survey among 720 family business owners and executives from the Americas, Asia-Pacific and Europe by executive search firm Egon Zehnder International.

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