Consumer trends - Page 3

China luxury driven by post-90s & heavy-spending consumers

Mainland China’s luxury market is forecast to grow to RMB630bn ($94.1bn) in 2022, according to the 2021 Tencent x BCG China Digital Luxury Report. A better local shopping environment and changing spending habits are set to drive the 23%-25%[…]

Interview

Cyril Camus: “A move upmarket is taking shape”

In a sneak preview to the feature interview in the upcoming issue of Formes de Luxe, Cyril Camus, CEO of cognac house Camus, discusses the health crisis' impact on the cognac market and how this has jump-started the brand's drive towards[…]

U-label looks to digitize EU wine & spirits labelling

Set to launch in December 2021, U-label is a digital label initiative spearheaded by industry bodies CEEV (European Committee for Wine Companies) and SpiritsEUROPE. The electronic label will allow wine and spirits brands to meet EU regulations,[…]

Moët & Chandon personalizes the pack for the holidays

LVMH-owned champagne brand Moët & Chandon has launched a personalized packaging operation for the end-of-year holiday season. A pop-up concierge service at Parisian department store Le Bon Marché enables consumers to customize both the bottle[…]

Webinar

E-commerce packaging & Design: “It’s all about the experience”

How are luxury brands, designers and suppliers approaching the fast-changing e-commerce packaging market? Guillem Riba (Agence Bemad), Maxime Garcia-Janin (Sillages Paris) and Vincent Desfosses (Cosfibel Premium) sat down with Luxe Packaging[…]

French luxury study taps consumer perception

France’s hold on the luxury consumer’s mindset is assured for the foreseeable future, says a new report by Ifop-sociovision for French luxury association Comité Colbert. But there are also challenges to address, including changing consumption[…]

Aptar Reboul’s new lipstick solutions: mono-material & refill formats

Reboul turns 100 in 2021. Part of Aptar group since 2018, the French lipstick packaging specialist is currently focusing development on refillable packs and mono-material solutions. Luxe Packaging Insight caught up with Sandrine Brechon, Aptar[…]

Has Covid revolutionized consumers’ relation to beauty?

The health pandemic has operated a sea change on the make-up and skincare markets. From individualism and inclusiveness to unbridled creativity, the color cosmetics playing field for brands is wide open. These are just a few of the learnings[…]

“Full recovery for the fragrance market will be a marathon, not a sprint”

Market analyst Fragrances of the World’s latest data shows global fragrance launches down by 21% in the first nine months of 2021 versus 2020. The prestige segment has seen the biggest downturn, while luxury scents are accelerating their launch[…]

Keys for luxury to navigate post-pandemic growth

At a press conference this morning in Paris addressing the luxury market from a French and Italian brand perspective, Kantar gathered experts from the field to take a closer look at the changing luxury consumer and how brands should adapt to[…]