Strategy - Page 6
Stora Enso looks to drive innovation & sustainability with new structure
With its new divisional organization implemented earlier this year, paperboard specialist Stora Enso has restructured its packaging businesses with the aim of increasing its focus on renewable design, developing new services and packaging[…]
Pinard Beauty Pack supplies hand sanitizer bottles to LVMH
French beauty packaging supplier Pinard Beauty Pack is one of the companies working with LVMH in the production and supply of hand sanitizer for hospitals in the fight against coronavirus. Pinard Beauty Pack is supplying the first 50,000 bottles[…]
Coronavirus: Ricard donates pure alcohol for hand sanitizer
In response to the coronavirus health crisis, spirits brand Ricard (Pernod Ricard) is donating 70,000 liters of pure alcohol to French pharmaceutical company Cooper, one of France’s main suppliers of hand sanitizer. The donation, the equivalent[…]
Hermès produces hand sanitizer at perfumes plant
French luxury goods company Hermès has announced that in the face of the coronavirus crisis, it is closing all its production sites in France until March 30, with the exception of its Hermès Parfums site in Vaudreuil. This site will produce five[…]
L’Oréal launches coronavirus solidarity plan
French beauty group L’Oréal has launched a European coronavirus solidarity plan aimed at supporting all those on the frontline tackling the health crisis. The group’s factories, which started producing hand sanitizer last week, will step up[…]
Pernod Ricard adds Italicus & KI NO BI to portfolio
French group Pernod Ricard has expanded its spirits portfolio with the addition of Italicus, the Italian premium bergamot-infused aperitivo and Japanese gin KI NO BI. Pernod Ricard explains that Italicus, founded in 2016 by Giuseppe Gallo,[…]
LVMH’s perfume factories to make hand sanitizer
LVMH’s Perfumes & Cosmetics division's production sites are to make hydroalcoholic gel as France faces the risk of a shortage due to the coronavirus crisis. LVMH said in a statement that from Monday March 16, all the production facilities of its[…]
Italy’s makeup industry faces up to coronavirus
The northern part of Italy, which accounts for around 65% of the world's makeup production, is facing an unprecedented challenge in light of the coronavirus crisis. For most of the major international brands, as well as many indie players,[…]
Salinas buys Fabregas Packaging
Alicante-based rigid box specialist Salinas has announced the acquisition of fellow Spanish supplier Fabregas Packaging, which had been in receivership since November 2019. Valued at €9m, Fabregas brings with it an 8,000m2 facility with a[…]
Luxe Pack NY & NYSCC Suppliers’ Day announce “cross-over” day
The first day of luxury packaging trade show Luxe Pack New York’s 2020 edition, May 6, will run concurrently with NYSCC Suppliers’ Day at Manhattan’s Javits Center. The shows’ organizers are highlighting this as an opportunity for visitors to[…]
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Key Figures
2 years
The time it will take for the luxury industry to bounce back from the covid crisis, according to Chanel (Source: Reuters)