Years after working in his father’s shoe repair shop, George Vlagos has returned to his roots and is carrying on the family business with his own shoe-making business, Oak Street…
Mitchell Modell, CEO of New York based Modell’s Sporting Goods Inc., was recently accused by sister-in-law Abby Modell of using company money for more than $7 million in personal expenses….
All families and businesses experience conflict. Family businesses that survive practice the equivalent of controlled burns. By exposing and dealing with simmering conflicts in managed situations, they prevent buildup of…
A recent article in Bloomberg reported that a bull market for luxury items, rising demand for construction equipment and laboratory services has propelled three Europeans into the billionaire territory. All of the recent…
The future of a popular restaurant chain is in doubt and more than 100 workers have lost their jobs as a result of a family feud involving property developer Andrew…
Bernard Arnault is a French business tycoon in control of LVMH, one of the largest luxury goods companies in the world, with control of over 60 luxury brands, including Louis…
Donald Trump is one of the most famous businessmen on the face of the planet. But even the Trump dynasty isn’t immune to the challenges that all family businesses face….
“Casey Kasem’s family is at war,” says today’s (Oct. 2, 2013) headline on US Weekly. What exactly are they fighting about? According to Kasem’s daughter, Kerri, they just want to…
To reinforce the impression of superiority, children are often sent to the finest private prep schools, attend world-renowned universities, travel to areas of the globe most citizens only hear about…