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
Succession Planning
Topic
Succession Planning
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…
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…
Wales Faces Economic Risk as Firms Skip Succession Planning
Wales' economy faces structural risk as business owners fail to prepare leadership and ownership transitions, business-live.co.uk…
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…
Family Firms Face a Handover Moment as Gen Z Steps In
Family firms generate $7.7 trillion of U.S. GDP, yet only 34% of owners have a succession plan. New tax rules and rising Gen Z in…
Ontario Puts Nearly $2 Million Behind First Business Succession Hub
Ontario is investing nearly $2 million in Succession Ontario, a KEDCO-run hub helping owners plan exits, with only 1 in 10 Canadi…