Strategy - Page 6
HCP looks to boost skincare offer with Pum-Tech Korea partnership
Beauty packaging company HCP (Baring Private Equity Asia) announced a commercial partnership with dispensing technology specialist Pum-Tech Korea (PTK) this spring. The company tells Luxe Packaging Insight about the first steps it is taking[…]
Interview
Cosfibel's Alain Chevassus forecasts spike in consolidation for brands & suppliers
Alain Chevassus, Cosfibel founder and packaging industry veteran, discusses the impact of the health crisis on the market and predicts consolidation for both brands and suppliers in the months to come. How is the market performing in light of[…]
Silgan finalizes Albéa Dispensing Systems acquisition
Silgan Holdings has completed the acquisition of Albéa’s beauty and personal-care dispensing division along with its Metal (Covit Europe and US) and Brazil operations. The businesses joined Silgan as of June 1st. Albéa will now focus on its[…]
MakeUp in's BeauteaMatch.com digital platform goes live
With the beauty industry adapting to the changed landscape in the wake of the covid-19 health crisis, Infopro Digital, organizer of the MakeUp in and Clean Beauty in London shows, has launched its BeauteaMatch.com b2b digital platform.[…]
EFP-Chavassieu signs with PBP
UK-based Preston Board & Packaging (PBP) has selected French import agent EFP-Chavassieu to market its products in France. PBP is aiming to develop its sales at export and has been rapidly expanding into the luxury and premium packaging segment.[…]
Cosmetic Valley launches post-covid industry initiative
French industry cluster Cosmetic Valley is initiating an action plan designed to help the perfume and cosmetics sector face the challenges of a post-coronavirus economy. “Responsibility, agility, solidarity and innovation will be the watch words[…]
Stoelzle Masnières restarts activity, postpones new production line
The Austrian glassmaker’s French site, specialized in fragrance and cosmetics, has re-opened two production lines. At the end of March, Etienne Gruyez, CEO of Stoelzle Masnières, told Luxe Packaging Insight that production lines at Masnières[…]
“Luxury in Brazil is at a standstill”
Luxe Packaging Insight spoke with André D'Angelo, a luxury-goods consultant in Brazil and author of Need, Don’t Need: Brazilian Marketing & Behavior in the Luxury Market, on the state of luxury in the country. How has Brazil’s luxury market been[…]
Verpack opens up capital to accelerate growth
French family-owned company Verpack has gained a minority shareholder in the form of Crédit Mutuel Equity, which has taken a 25% stake in the luxury-packaging specialist. The company, which manufactures setup boxes, folding boxes, tubes and[…]
Luxury market could contract by 35% in 2020
Luxury-goods sales are projected to fall by 20% to 35% in 2020 as a result of the coronavirus pandemic, says Bain & Company, as the industry reels from retail and tourism shutdowns in all key markets. The consultancy had previously forecast a[…]
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Key Figures
40%
The percentage of consumers globally who now have a more positive perception of plastic packaging as a result of coronavirus