Strategy - Page 6

g.pivaudran invests for new anodization capacities, looks to develop in spirits sector

French aluminum stamping specialist g.pivaudran is moving forward with its industrial investments. An injection of €6m will enable the supplier to double its anodization capacities by 2022 and offer a larger palette of finishes. The €6m[…]

New furnace fires up at Stoelzle Masnières

For Etienne Gruyez, CEO of glassmaker Stoelzle Masnières, investing in a new furnace at the historic perfumery site is the way forward in light of the unprecedented crisis facing the sector. On January 8th of this year, Stoelzle Masnière’s new[…]

Interview

GoodsID's blockchain security solution to drive the luxury consumer experience

Targeting the luxury market, GoodsID is in full development mode for its "digital passport"—a blockchain-based digital authentication solution. Loÿs de la Soudière, co-founder and CEO, says that 2021 will be the year that sales take off. He[…]

Deloitte: “The pandemic is an accelerator for brands to adopt new paradigms of value creation”

There’s nothing like a crisis to accelerate change. The 2020 global pandemic looks in some ways to have changed the luxury-goods industry for the better, with the importance of adopting sustainable initiatives one of the key takeaways from a[…]

PSB Industries divests Plastibell, recenters on beauty and luxury with Texen

Following confirmation of the sale of its Plastibell healthcare and industry division this month, packaging and specialty chemicals group PSB Industries is focusing its business solely on beauty and luxury via its dedicated business unit Texen.[…]

Alliora under new French ownership

Coffret manufacturer Alliora is back in French hands after a consortium of investors purchased the beauty supplier from GPack late last year. Packaging industry veteran Antoine Bruno, Alliora’s new CEO and also part owner, aims to steer the[…]

China’s luxury market share almost doubles in 2020

The luxury-goods market in mainland China is forecast to grow 48% to almost $53.6bn in 2020 with leather goods and jewelry the most in-demand categories, according to a report from Bain & Company and Tmall. Boosted by an increase in domestic[…]

Geka looks to bounce back from the crisis

Despite a forecast 20% drop in sales due to the health crisis this year, German mascara specialist Geka is looking to the future, with its expanded headquarters set to be inaugurated in January 2021, a continued sustainability push and new[…]

Faca Packaging fetes 50 years

Spanish family-owned cosmetics plastic packaging specialist Faca is celebrating its 50th anniversary this year. In honor of its five decades, the Barcelona-based supplier launched two new formats: a new-generation version of its bestselling T22[…]

Heinz Glas outlines steps to boost sustainable production

Reducing its carbon emissions is a strong focus for Heinz Glas in the years to come, as illustrated by its recently launched Multigen offer of sustainable solutions. Investing in production is another priority and its new glassworks in China[…]