Strategy - Page 4
What to watch out for at LUXE PACK Monaco
The luxury packaging industry’s renowned annual rendez-vous, LUXE PACK Monaco is opening its doors next week. New materials, sustainable solutions, the latest innovations, a spotlight on China and the LUXE PACK in Green and Formes de Luxe Awards[…]
VPI Faiveley Plast reveals its road map
In an exclusive interview with Luxe Packaging Insight, Nicolas Alloin, president of Faiveley Plast, explains the growth strategy developed for the group’s subsidiary VPI, a fast-evolving player in the field of luxury caps. Would it be fair to[…]
Superga names VP Business Development
Beauty supplier Superga Beauty has appointed Laurent Bourgoin as VP Business Development. Reporting to President Leslie Bréau Meniger, Bourgoin is tasked with accelerating the development of new business, new geographical areas and high-added[…]
More than $7bn wiped off luxury & premium brand value in 2021
The world’s top-50 most valuable luxury and premium brands saw their total value decline by 3% in 2021, according to a new report from Brand Finance. Some 10 Cosmetics and Personal Care brands made the ranking, which is largely dominated by[…]
Itochu Corp. invests in Paptic
Paptic announced a new investor this week. Japan’s Itochu Corporation has entered the Finnish material’s specialist’s capital with an initial investment of €2m. Finnish company Paptic, supplier of the eponymous fiber-based material for flexible[…]
MakeUp in NewYork: an antidote to “zoom fatigue”
The 2021 edition of MakeUp in NewYork may have fewer exhibitors this year due to travel restrictions, but this has by no means put a dampener on innovation. Trends workshops and the 18 winning IT Products are just some of the highlights of the[…]
Synergies & growth for La Rochère and Waltersperger
On the heels of its acquisition of French glassmaker La Rochère 1475, Tourres & Cie is creating synergies with fellow glassmaker Waltersperger. Early March 2021, holding company Tourres & Cie announced the purchase of La Rochère, adding a second[…]
Talking super premium spirits with Campari Group’s Julka Villa
Julka Villa, Managing Director of Campari RARE, spoke with our sister publication Formes de Luxe on her ambition for the newly minted super-premium division. What was behind the launch of RARE? Campari Group has been acquiring and refreshing[…]
China’s wealth crackdown: An opportunity for luxury cosmetics?
Could Chinese president Xi Jinping’s vow last month to crack down on super-rich consumers to address wealth disparity in the country spell opportunity for prestige cosmetics brands? Indeed, the emergence of a larger and increasingly affluent[…]
French coffret maker Marotte invests in a new factory
French manufacturer of wooden boxes and coffrets for the luxury industry, Marotte is injecting €4.4m, the equivalent of its annual turnover, to renovate its industrial capacity. Of Marotte’s total investment, approximately €1.8m is slated for[…]
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Key Figures
40%
The percentage of annual fragrance sales done in the fourth quarter. Fragrance sales in December, especially during Christmas week, can be 25% to 100% higher than any other time of the year. (source: The NPD Group)