LVMH Investors Demand Arnault Succession Clarity as Luxury Rethinks Heir Playbooks
Investors pressed LVMH for clarity on Bernard Arnault's succession as Moncler, Armani and Prada reveal competing models for handing over luxury's top jobs.
Topic
Family Business
Topic
Family Business
One Trustee Child, Suing Siblings: Study Exposes Inheritance Traps
A study of 640 trust disputes finds naming one child as trustee invites sibling lawsuits, with cases averaging 481 days and chall…
Nebraska Sixth-Generation Farmer Builds Succession One Drone at a Time
Adam Knapp, a UNL agribusiness senior, returns to his family's Ord, Neb., farm with a drone spraying business and early ownership…
Dutchman's Gold Doubles Sales After Family Handover
Dutchman's Gold, a Canadian honey and bee-pollen maker founded in 1981, has nearly doubled sales since the founder's daughter and…
Minister Tells Entrepreneurs Not to Be Deterred by Inheritance Tax
A UK minister has urged entrepreneurs not to be deterred by inheritance tax, The Times reports, in a sign the government fears th…
Unprepared Heirs Threaten Family Wealth, Experts Warn
Experts warn that succession gaps threaten family wealth as heirs remain unprepared, urging families to develop successors before…
Majority of Irish Family Firms Operate Without Succession Plans
Most Irish family firms have no succession plan in place, the Irish Independent reports, exposing a critical risk to continuity,…
Only 20% of Nigerian Family Businesses Have a Succession Plan
A new report finds just 20% of Nigerian family businesses have succession plans, leaving four in five exposed to founder-exit ris…
Most Family Businesses Have No Succession Plan, Report Finds
Most family businesses have no succession plan in place, exposing them to "real risk," according to reporting by the Irish Examin…
Peter Fox Exits Linfox as Billionaire Family Succession Fight Erupts
Peter Fox has exited Linfox amid a billionaire family succession dispute, the AFR reports, in a rare public rupture at one of Aus…
Singapore's Family Empires Face the Succession Question
The Business Times asks whether Singapore's family empires are reaching their end, as succession, professional governance and gen…