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Italy

May 4, 2011

In a major new survey, Campden FB has compiled a list of the top 50 family business leaders in the world.

In a major new survey, Campden FB has compiled a list of the top 50 family business leaders in the world.

With the aid of four senior family experts from the world's leading business schools - Randal Carlock from INSEAD; Joachim Schwass from IMD; Kavil Ramachandran from Indian School of Business; and John Ward from Kellogg School of Management – Campden has sifted through loads of data to compile the final list. The top five places went to John Elkann, Azim Premji, Güler Sabanci, Guido Barilla and Ratan Tata.

March 23, 2011

News that the Italian government is looking to protect local companies against unwanted takeovers is likely to be greeted with relief among family businesses in the country – at least in the immediate future.

News that the Italian government is looking to protect local companies against unwanted takeovers is likely to be greeted with relief among family businesses in the country – at least in the immediate future.

But longer-term pressures on family businesses in Italy won't be resolved by government intervention. Nor for that matter will they be anywhere else in the world.

February 23, 2011

Founder and chairman of family-controlled eyewear group Luxottica, Leonardo Del Vecchio, has resigned from the board of insurance firm Assicurazioni Generali due to concerns over the company’s governance, say various reports.

Founder and chairman of family-controlled eyewear group Luxottica, Leonardo Del Vecchio, has resigned from the board of insurance firm Assicurazioni Generali due to concerns over the company’s governance, say various reports.

February 8, 2011

Chief executive of carmakers Fiat and Chrysler, Sergio Marchionne, is facing wrath from Italy and the US for his comments on shifting Fiat’s headquarters, and describing the interest rates charged on American bailout loans as “shyster”.

Chief executive of carmakers Fiat and Chrysler, Sergio Marchionne, is facing wrath from Italy and the US for his comments on shifting Fiat's headquarters, and describing the interest rates charged on American bailout loans as "shyster".

January 13, 2011

Turin and Wolfsburg might not have much in common at first glance, writes David Bain.

Turin and Wolfsburg might not have much in common at first glance, writes David Bain.
 
For one thing, Wolfsburg is in Germany and has a population of just over 100,000, whereas Turin is in Italy with nearly one million inhabitants. It's probably also fair to say that the temperament of each other's citizens might have little in common.  
 
But there is one thing that unites both of these towns – car making.
 

August 12, 2010

Luigi Lavazza SpA, the Italian coffee manufacturer owned by the founding Lavazza family, announced yesterday it plans to acquire a 7% share in US coffee company Green Mountain Coffee Roasters Inc for $250 million.

Luigi Lavazza SpA, the Italian coffee manufacturer owned by the founding Lavazza family, announced yesterday it plans to acquire a 7% share in US coffee company Green Mountain Coffee Roasters Inc for $250 million.

July 27, 2010

Leonardo Del Vecchio might be expected to take that extra special summer holiday after his company announced better-than-expected second quarter results.

Leonardo Del Vecchio might be expected to take that extra special summer holiday after his company announced better-than-expected second quarter results.

Luxottica, the world's biggest eyewear group and 70% owned by Del Vecchio (pictured), recorded a 30% year-on-year rise in net profits in the second quarter of the year to €150 million. Analysts were expecting profits of  €145 million.
 

May 4, 2010

Second-generation CEO Vittorio Missoni tells Claire Adler how the family-run fashion house is riding out the recession in style

Second-generation CEO Vittorio Missoni (pictured) tells Claire Adler how the family-run fashion house is riding out the recession in style.

The supposedly glittering world of high-priced luxury goods has taken a battering of late. Many small and medium companies without the financial and managerial muscle to react to difficult market conditions have sought bankruptcy protection including Christian Lacroix, Escada and Gianfranco Ferre.

April 30, 2010

Italy’s Agnelli family, owner of automobile giant Fiat, confirmed yesterday that fourth-generation family member Andrea Agnelli will become the president of Italian football club Juventus in the summer.

Italy's Agnelli family, owner of automobile giant Fiat, confirmed yesterday that fourth-generation family member Andrea Agnelli will become the president of Italian football club Juventus in the summer.

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