Family Matters: Fashion's 21st Century Dynasties

Family businesses have always been in fashion – in every sense of the word. One only has to walk down a European street to see institutions of all kinds that are still standing due to their dynastic nature, from laundrettes to department stores, where there’s often a warmth that larger corporations can lack. In the last century alone, small family-owned clothing and textile firms have grown into multi-billion pound empires. Surnames such as Versace, Missoni, Dior, Fendi, and…