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News in-depthPuig SA

Marc Puig, the beauty boss giving his family wealth instead of power

...In a 2021 interview, he reflected that “a family functions with love” but “family companies require hierarchy and meritocracy”....

May 2, 2024

Media

Berlusconi family group calls for European media consolidation amid ProSieben boardroom battle

...stressed the need for consolidation in European media to compete against US giants, as it wages a boardroom battle at the German broadcaster ProSiebenSat.1.MediaForEurope, which is majority owned by the family...

April 14, 2024

FT Live

Future of Retail

Securing long-term business growth with technology innovation

UK tax

Inheritance tax shock for thousands of wealthy families

...More than 13,000 wealthy families faced surprise tax bills as high as £1.4mn on lifetime gifts, after the donor died within seven years of making the bequest, data has shown....

March 14, 2024

Ella Risbridger

Why we need feuding families in our lives

...“All happy families are alike; each unhappy families is unhappy in its own way.” Sure....

May 11, 2024

FT Wealth Management

Asian family offices switch focus as geopolitical risks rise

...Families, including some of Hong Kong’s most well-known, are also clubbing together to increase their investment clout under a multi-family office umbrella....

May 10, 2024

Your QuestionsLucy Warwick-Ching

Can I claim a bigger stake in the family business than I have inherited?

...They all dedicated their lives to the family business, but they had also benefited handsomely along the way....

May 9, 2024

FT Live

Capitalising on Shifting Consumer Behaviour in Asia

What is driving consumption and where are the opportunities?

Data PointsJohn Burn-Murdoch

Why family-friendly policies don’t boost birth rates

...To be clear, family-friendly policies can have other positive impacts on individuals and on society. They make it easier for those who have already chosen to have children to juggle family and work....

March 29, 2024

Letter

Letter: Family never got the best cuts in our butcher’s shop

From Cormac Meehan, Bundoran, County Donegal, Ireland

March 29, 2024

LexRoyal Philips NV

Agnelli family’s bet on Philips now looks more than healthy Premium

...Look no further than the Agnelli family’s €2.6bn punt on Philips, which was spectacularly vindicated on Monday as the Dutch medical equipment manufacturer drew a line under its legal troubles....

April 29, 2024

ReviewGaming

Open Roads — absorbing game of family secrets

...Early in Open Roads, 16-year-old Tess is exchanging texts with her father, who divorced her mother and left the family some time ago....

April 3, 2024

The Royal Family

Princess Catherine apologises for altering family portrait

...I wanted to express my apologies for any confusion the family photograph we shared yesterday caused....

March 11, 2024

Togo

Togo president seeks to extend family rule into seventh decade

...President Faure Gnassingbé will be able to extend his family’s rule over Togo into a seventh decade if voters in the west African country endorse his party in next week’s parliamentary elections....

April 25, 2024

ReviewBiography and memoir

Melting Point — an émigré Jewish family on a quest for a home

...It wasn’t just Cockerell’s family who had forgotten; so had nearly everyone else too....

April 26, 2024

News updates from March 11: Brussels eyes up to €3bn in frozen Russian assets for Ukraine; Biden proposes higher taxes

Picture of British royal family pulled by wire services amid concerns photo was manipulated

...A range of global wire services have pulled a Mother’s Day picture of the Princess of Wales and her three children over fears the image of high-profile members of the British royal family may have been digitally...

March 11, 2024

News updates from February 22: Global stock markets hit record highs, Nvidia smashes record for one-day valuation increase

Biden meets with Navalny’s family ahead of new sanctions package

February 22, 2024

FT Live

Business Book of the Year Award 2024

The search for the best business book is under way

Retail sector

Home Bargains owners net £36mn dividend

...TJ Morris is owned by the Morris family and headed by Tom Morris, who founded the retailer as a single shop in 1976....

April 9, 2024

Ireland

Irish voters reject constitutional referendums on women and the family

...Two referendums on Friday had proposed recognising families based on “durable relationships”, not just marriage, and scrapping references to a woman’s “life within the home” by including other family members...

March 9, 2024

FT Wealth Management

How succession can make or break a family business

...“It is not an assumption that family members will end up in senior positions or run the business, but all families are different. I know one family business where the son took over at 21....

April 8, 2024

Skechers USA Inc

Skechers’ family troubles

...Keeping it in the family has never seemed like such a regulatory burden....

March 8, 2024

FT SeriesHouse & Home Countryside Living Special

Call of the countryside: the pleasures (and pressures) of a return to the family home

...That’s not to say the family is living in an untouchable relic....

April 5, 2024

Person in the News

Shari Redstone, a media scion weighing the future of her ravaged empire

...“The one thing I was determined to do was never work in the family business,” she said....

May 3, 2024

ReviewBooks

Family Politics by John O’Farrell — the pains of Labour

...In his dysfunctional Hughes family, it is the parents who are earnestly socialist, while their returning son’s youthful rebellion has ushered him into the arms of the Conservative party....

March 27, 2024

Fashion

What it’s like to run a fashion brand with family

...Fashion businesses have long been family-run — think of the Pradas, the Arnaults, the Guccis, the Versaces and the Laurens, to name a selection....

March 23, 2024

FT Money personal finance guides

Need to Know: A well-written will makes life easier for your family

...“Some people could read those rules and think it makes sense for them, but often for people with extended families and complicated affairs it doesn’t.”...

March 28, 2024

ReviewFilm

Four Daughters film review — a troubling and moving family story

...Olfa appears as herself, giving her account of the family’s fraught history — but she is also played by Tunisian-Egyptian screen star Hend Sabri, while one man, Majd Mastoura, plays all the male parts....

February 29, 2024

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