Tag #Family Business

Showing 13 to 24 of 28 results

nos.nl

🌐 65% Global Worthiness

Mar 25, 16:16

Blokker Brand Acquired by Family Member for €1 Million Following Bankruptcy

Ans Palmer-Blokker purchased the Blokker brand name and web shop for €1 million after the company's November 2023 bankruptcy, despite failed attempts to sell numerous stores, generating €103 million from liquidation sales.

Blokker Brand Acquired by Family Member for €1 Million Following Bankruptcy

Ans Palmer-Blokker purchased the Blokker brand name and web shop for €1 million after the company's November 2023 bankruptcy, despite failed attempts to sell numerous stores, generating €103 million from liquidation sales.

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What is the significance of Ans Palmer-Blokker's acquisition of the Blokker brand and web shop for the future of the company?

Ans Palmer-Blokker, sister of former Blokker owners and granddaughter of the founder, acquired the Blokker brand name and web shop for €1 million through her investment vehicle, PB Capital BV. This follows the bankruptcy of Blokker in November 2023. Her son, Roland, finalized the deal.

forbes.com

🌐 75% Global Worthiness

Mar 11, 16:10

Marvin Windows: A Five-Generation Success Story in Family-Owned Manufacturing

Marvin Windows, an 8,000-employee Minnesota-based window and door manufacturer, has thrived for 113 years across five generations by mandating full-time employment for owners by age 33, fostering open family discussions through an Owner's Council, implementing strategic succession planning that incl...

Marvin Windows: A Five-Generation Success Story in Family-Owned Manufacturing

Marvin Windows, an 8,000-employee Minnesota-based window and door manufacturer, has thrived for 113 years across five generations by mandating full-time employment for owners by age 33, fostering open family discussions through an Owner's Council, implementing strategic succession planning that incl...

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What strategies has Marvin Windows employed to ensure the longevity and success of its family-owned business model?

Marvin Windows, a family-owned manufacturer, has thrived for 113 years by mandating that all owners hold full-time positions by age 33 and fostering open communication within the family. This approach ensures deep engagement and understanding of the business.

repubblica.it

🌐 75% Global Worthiness

Feb 25, 16:13

Fendi's Century of Fashion: From Family Business to Global Icon

Adele Casagrande founded a fur shop in Rome in 1918; her five daughters later expanded the business, collaborating with Karl Lagerfeld to create a global luxury brand, now celebrating its centenary.

Fendi's Century of Fashion: From Family Business to Global Icon

Adele Casagrande founded a fur shop in Rome in 1918; her five daughters later expanded the business, collaborating with Karl Lagerfeld to create a global luxury brand, now celebrating its centenary.

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How did the collaboration between the Fendi sisters and Karl Lagerfeld shape the brand's identity and market position?

The Fendi family's success stemmed from a combination of entrepreneurial spirit, skilled craftsmanship, and innovative design. Adele's daughters' roles, complemented by Lagerfeld's creative vision, propelled Fendi into the luxury market. The 'Baguette' bag, designed by Silvia Venturini Fendi, further solidified their position in high fashion.

nrc.nl

🌐 75% Global Worthiness

Jan 29, 22:11

Jumbo CEO Ton van Veen to Resign Amidst Restructuring and Legal Challenges

Jumbo CEO Ton van Veen announced his resignation, effective within months, after leading a period of restructuring and cost-cutting to improve profitability and relations with the founding family, despite recent declines in market share and ongoing legal issues involving the previous CEO.

Jumbo CEO Ton van Veen to Resign Amidst Restructuring and Legal Challenges

Jumbo CEO Ton van Veen announced his resignation, effective within months, after leading a period of restructuring and cost-cutting to improve profitability and relations with the founding family, despite recent declines in market share and ongoing legal issues involving the previous CEO.

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What are the immediate consequences of Ton van Veen's resignation for Jumbo's operational and strategic direction?

Ton van Veen, Jumbo's CEO, will resign within months, leaving the supermarket chain after more than 20 years. His departure follows a period of organizational restructuring, cost-cutting (including 350 job cuts saving €50 million annually), and improved relations with suppliers, resulting in a €30 million reduction in shoplifting losses. A successor has yet to be named.

bbc.com

🌐 65% Global Worthiness

Jan 17, 19:09

Community Support Saves Family Candle Business from Closure

Wonky Candles, a Leicestershire-based candle business run by a deaf and blind candlemaker PJ Seaman, his brother Tom, and their mother Helen, avoided closure after a Facebook appeal generated 1,000 orders in two days, providing several months of financial stability.

Community Support Saves Family Candle Business from Closure

Wonky Candles, a Leicestershire-based candle business run by a deaf and blind candlemaker PJ Seaman, his brother Tom, and their mother Helen, avoided closure after a Facebook appeal generated 1,000 orders in two days, providing several months of financial stability.

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What immediate impact did the Facebook appeal have on Wonky Candles' financial stability?

Wonky Candles, a family-run candle business in Leicestershire, faced closure due to financial difficulties but received an overwhelming response to a Facebook appeal, receiving approximately 1,000 orders in two days—enough to sustain the business for several more months. This surge in orders allowed the family to pay bills and continue operations.

zeit.de

🌐 85% Global Worthiness

Dec 31, 07:09

Würth Group Founder Retires, Grandson Takes Helm Amidst Economic Uncertainty

Reinhold Würth, founder of the billion-euro Würth Group, is retiring at the end of 2024, handing leadership to his grandson Benjamin, who plans to continue the family legacy while navigating economic challenges including a projected 2% revenue drop and a significant profit decrease in 2024.

Würth Group Founder Retires, Grandson Takes Helm Amidst Economic Uncertainty

Reinhold Würth, founder of the billion-euro Würth Group, is retiring at the end of 2024, handing leadership to his grandson Benjamin, who plans to continue the family legacy while navigating economic challenges including a projected 2% revenue drop and a significant profit decrease in 2024.

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What is the significance of the Würth Group's leadership transition amidst projected economic downturn?

Reinhold Würth, founder of the Würth Group, is stepping down, handing over leadership to his grandson, Benjamin Würth. The transition involves Benjamin taking over the supervisory board of the foundation that owns the company, while other family members assume different leadership roles within the organization. This generational shift comes as the company faces economic headwinds, projecting a 2% revenue decline and a significant profit drop in 2024.

nos.nl

🌐 65% Global Worthiness

Mar 15, 22:12

Zandstra Awarded "Koninklijk" Predicate After 200 Years

The 200-year-old Dutch skate manufacturer Zandstra, founded in Sneek in 1825, received the prestigious "Koninklijk" predicate today from the King's Commissioner, Arno Brok, in recognition of its long-standing success and impeccable reputation; the eighth generation is preparing to take over the fami...

Zandstra Awarded "Koninklijk" Predicate After 200 Years

The 200-year-old Dutch skate manufacturer Zandstra, founded in Sneek in 1825, received the prestigious "Koninklijk" predicate today from the King's Commissioner, Arno Brok, in recognition of its long-standing success and impeccable reputation; the eighth generation is preparing to take over the fami...

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How did Zandstra adapt and evolve throughout its 200-year history, leading to its current success?

Initially a sailmaking company founded in 1825, Zandstra pivoted to skate production in the 1930s, eventually acquiring Batavus's skate production line in 1955. Their innovation continued with creations like the combi-noor and easy glider, demonstrating adaptability and market responsiveness. This predicate reflects their long-term success and consistent quality.

elmundo.es

🌐 65% Global Worthiness

Mar 6, 07:11

La Ardosa: A Madrid Culinary Institution's Century-Long Success

Founded in 1892 as a wine distributor, La Ardosa, a Madrid tapas bar, gained fame for its tortilla and expanded into a group encompassing Casa Baranda, Bar Sidi, and Casa Hortensia, showcasing traditional Spanish cuisine and hospitality.

La Ardosa: A Madrid Culinary Institution's Century-Long Success

Founded in 1892 as a wine distributor, La Ardosa, a Madrid tapas bar, gained fame for its tortilla and expanded into a group encompassing Casa Baranda, Bar Sidi, and Casa Hortensia, showcasing traditional Spanish cuisine and hospitality.

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What factors contributed to La Ardosa's longevity and success as a Madrid culinary institution?

La Ardosa, a Madrid establishment since 1892, initially a wine distributor, evolved into a renowned tapas bar under the Monje family since 1979. Their famously juicy tortilla, made with Conchita Marfil's recipe, and extensive menu featuring regional Spanish dishes, have contributed to its enduring success.

elmundo.es

🌐 75% Global Worthiness

Feb 12, 04:11

Casa Duque: 130 Years of Culinary Tradition in Segovia

Casa Duque, Segovia's oldest restaurant, celebrates its 130th anniversary, showcasing five generations of family-run culinary tradition and a legacy intertwined with the city's history.

Casa Duque: 130 Years of Culinary Tradition in Segovia

Casa Duque, Segovia's oldest restaurant, celebrates its 130th anniversary, showcasing five generations of family-run culinary tradition and a legacy intertwined with the city's history.

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How has Casa Duque's family legacy influenced its culinary traditions and customer relations?

The restaurant's longevity is attributed to its consistent quality, family legacy spanning five generations, and the personal touch of its owners who interact directly with every customer. Its history is intertwined with Segovia's culinary scene, having served notable figures throughout the years.

lexpansion.lexpress.fr

🌐 75% Global Worthiness

Jan 20, 10:08

Dassault Aviation: A New CEO and a Century of Influence

Eric Trappier assumed the CEO role at Dassault Aviation on January 9, 2025, marking a significant leadership transition in the nearly century-old company known for its Rafale fighter jet and diverse business holdings.

Dassault Aviation: A New CEO and a Century of Influence

Eric Trappier assumed the CEO role at Dassault Aviation on January 9, 2025, marking a significant leadership transition in the nearly century-old company known for its Rafale fighter jet and diverse business holdings.

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What are the immediate consequences of Eric Trappier's appointment as CEO of Dassault Aviation?

On January 9th, 2025, Eric Trappier took over as CEO of Dassault Aviation, marking a subtle shift in power for a company with only four CEOs in its near-century-long history. This change follows a long legacy of family leadership and influence within the company.

kathimerini.gr

🌐 75% Global Worthiness

Jan 11, 13:09

Trillion-Dollar Wealth Transfer Faces Generational Challenges

A $90 trillion wealth transfer is projected from the Silent Generation and Baby Boomers to younger generations, posing challenges due to concerns about the younger generation's preparedness and older generations' difficulty in relinquishing control, potentially impacting economic and social structur...

Trillion-Dollar Wealth Transfer Faces Generational Challenges

A $90 trillion wealth transfer is projected from the Silent Generation and Baby Boomers to younger generations, posing challenges due to concerns about the younger generation's preparedness and older generations' difficulty in relinquishing control, potentially impacting economic and social structur...

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How do the concerns of older generations regarding the preparedness of younger generations impact the planned wealth transfer?

The HSBC Global Private Banking's Global Entrepreneurial Wealth Report surveyed nearly 1,000 affluent entrepreneurs. Over one-third plan to exit their businesses within five years; more than half prefer family succession, especially those with over $10 million in investable assets. However, concerns about children's work ethic, interest in the family business, and skills for effective management are significant obstacles.

welt.de

🌐 85% Global Worthiness

Dec 31, 07:09

Würth Group Founder Retires, Grandson Takes Helm Amidst Economic Uncertainty

Reinhold Würth, the 89-year-old founder of the Würth Group, is retiring at the end of 2024, handing over leadership to his grandson, Benjamin Würth. The company, facing economic headwinds, achieved over €20 billion in turnover in 2023, but anticipates decreased profits in 2024. Other leadership chan...

Würth Group Founder Retires, Grandson Takes Helm Amidst Economic Uncertainty

Reinhold Würth, the 89-year-old founder of the Würth Group, is retiring at the end of 2024, handing over leadership to his grandson, Benjamin Würth. The company, facing economic headwinds, achieved over €20 billion in turnover in 2023, but anticipates decreased profits in 2024. Other leadership chan...

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How does the generational shift in leadership impact the Würth Group's long-term strategy and cultural identity?

The transition of leadership marks a significant moment in the Würth Group's history, a family-owned business that has become a global leader in the fastener industry. Benjamin Würth inherits a company facing economic challenges, but also possessing significant global market share and growth potential. The change also includes new leadership for the advisory board and the company's art and cultural activities.

Showing 13 to 24 of 28 results