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Strategy

Luxury seizes on China’s booming market

Luxury seizes on China’s booming market

With China the first economy to make a swift recovery from the health crisis, luxury brands are increasingly targeting this buoyant market. “Luxury companies have never placed such a focus on China's market as they did in 2020,” says Chinese[…]

05/06/2021 |
Metsä Board boosts investment in mills, R&D

Metsä Board boosts investment in mills, R&D

Finnish paperboard supplier Metsä Board is investing in production at its Husum and Kemi mills and exploring new technologies at its Excellence Centre, including barrier solutions to replace plastic in certain packaging applications and[…]

05/06/2021 |
Cosfibel kicks off a new chapter

Cosfibel kicks off a new chapter

Acquisitions, new management, market reorientation, digitalization... French packaging group Cosfibel is gearing up for a major new stage in its development. The big news this year from French premium packaging group Cosfibel is the acquisition[…]

05/06/2021 |
Global Cosmetics Cluster: strength in numbers for beauty

Global Cosmetics Cluster: strength in numbers for beauty

Nearly five years after it was initially founded, the Global Cosmetics Cluster has officialized its status as an international association. Described as the world’s first international cluster network dedicated to innovation in cosmetics, the[…]

04/27/2021 |
Albéa invests in US Tubes business, Mexico plant

Albéa invests in US Tubes business, Mexico plant

As it works towards its goal of making its packaging 100% recyclable, reusable or compostable by 2025, beauty packaging manufacturer Albéa has invested in its Tubes business in the US, as well as its Matamoros plant in Mexico, with a new[…]

04/22/2021 |
KDC/One: priority on regional expansion, greener packs

KDC/One: priority on regional expansion, greener packs

Following a spate of acquisitions over the last two years in the beauty arena, Canadian full-service beauty supplier KDC/One is looking to develop its presence outside of North America with “aggressive growth plans” for the Asia region. Work is[…]

Aura Blockchain Consortium: Richemont, LVMH & Prada Group join forces for global luxury platform

Aura Blockchain Consortium: Richemont, LVMH & Prada Group join forces for global luxury platform

In a rare show of collaboration among luxury giants, and at a time when authenticity is taking on increased importance with the rise of resale, Richemont, LVMH and the Prada Group are addressing transparency and traceability issues in the luxury[…]

04/21/2021 | Corporate strategy
Stora Enso announces closure of two paper & pulp mills, production to fall by 35%

Stora Enso announces closure of two paper & pulp mills, production to fall by 35%

Paperboard specialist Stora Enso announced today that it will close down its loss-making Kvarnsveden and Veitsiluoto pulp and paper production mills in the third quarter of 2021. Paper sales will fall by €600m. The continued decline in demand[…]

04/20/2021 |
Procos opens US office

Procos opens US office

German packaging manufacturer Procos has expanded into the US with the opening of a Procos Americas office in New York. Sébastien Williams has been appointment Sales Manager of Procos Americas.

04/20/2021 |
PRAD names Line Daigneau as Sales Director

PRAD names Line Daigneau as Sales Director

French decoration specialist PRAD has appointed Line Daigneau to the role of Sales Director. She will be in charge of developing the company’s fragrance and cosmetics portfolio in France and throughout Europe. Daigneau was most recently Sales[…]

04/19/2021 |