Consumer trends - Page 2

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[…]

Interview

Hapticmedia & the rise of digital personalization for luxury

Digital sales are taking on even more importance in the context of retail store closures due to the coronavirus crisis. Hapticmedia, French specialist in 3D staging and personalization of products online, is well positioned for this new normal.[…]

How Covid-19 is set to change beauty packaging: part 2

In part two of our series, Luxe Packaging Insight looks into progress in the area of antibacterial surfaces and how sustainable packs will fare in a post-covid environment. It’s no secret that antibacterial surfaces are set to gain in popularity[…]

Covid-19: how will the crisis change beauty packaging?

The coronavirus crisis is raising a host of new questions in terms of beauty packaging formats. In part one in our two-part series, we look at existing solutions in the area of hygienic applicators and how suppliers are positioning themselves[…]

Covid-19 to cause biggest drop in US beauty market in 60 years

The coronavirus pandemic is predicted to cause a 2.5% drop in the US beauty and personal care market in 2020, according to Kline—the biggest drop in the more than 60 years the market-research firm has been tracking the industry. This decline[…]

Luxury e-commerce hard hit by covid-19

Online purchases may have increased as a result of the coronavirus health crisis, but not all sectors have benefited. While cosmetics transactions were up, those of luxury goods have seen double-digit declines in the past two weeks. Compared to[…]

Guala Closures invests in digital agency SharpEnd

In a bid to accelerate its connected closures business Italian wine and spirits supplier Guala Closures has acquired a 20% share in London-based digital IoT agency SharpEnd. Guala Closures Group chief marketing officer Paolo Ferrari and Violette[…]

Distill Ventures’ Shilen Patel talks no/low drinks packaging

Describing itself as “the world’s first independent drinks accelerator”, Distill Ventures (Diageo) scouts novel newcomer spirits brands looking to scale up and become the sought-after brands of tomorrow. On that journey, packaging plays an[…]

Luxury: coronavirus’ collateral victim

Shuttered boutiques, cancelled fashion shows and postponed product launches are the order of the day for luxury brands in China since the spread of the coronavirus began in January. Confined to their homes, the Chinese no longer have the heart[…]

Video

Live from Luxe Pack LA: Sexual wellness brand Quim

Cyo Ray Nystrom, Ceo and Co-founder of intimacy wellness brand Quim, discusses this burgeoning sector in the US and how she sees it developing.