Corporate strategy
Luxurynsight raises €2m in funds
A provider of data-driven solutions for the luxury, fashion and beauty markets, Luxurynsight has secured an investment of €2m from new investors Xiamen Qishang Equity Investment, Tandem Venture Capital and Leadway International Investment. The[…]
Stoelzle fired up for Masnières furnace rebuild
After being postponed due to the ongoing crisis, the Austrian glassmaker is going ahead with plans to rebuild its furnace at Stoelzle Masnières Parfumerie, its site in Northern France specialized in perfumery bottles. The rebuild, representing[…]
Texen partners with Roctool for molding technology
Beauty packaging supplier Texen (PSB Industries) has signed a non-exclusive partnership with Roctool to use the company’s patented heat-molding technology in its production processes. Texen says it is using Roctool’s technology with recycled[…]
Louis XIII launches e-boutique to elevate the online experience
Cognac brand Louis XIII’s newly opened online store offers a wealth of features, including personalization services, limited-edition products and an online concierge. The brand says that the e-boutique’s vocation is to elevate online purchasing[…]
Interview
Marussia Beverages: In high spirits
Marussia Beverages, an international producer and distributor of premium wines, sake and spirits, has expanded its portfolio through both acquisitions and brand creations. It purchased a distillery in Russia in 2019, and added a newly created[…]
La Bouche Rouge raises funds, launches mascara in glass packaging
French lipstick brand La Bouche Rouge, which has just unveiled what it calls the “world’s first glass mascara”, has raised €2.5m from BPI France. The funds will be used to develop the brand internationally and support the launch of its new[…]
Interview
Guerlain's Cécile Lochard outlines sustainability priorities
Cécile Lochard was named Director of Sustainable Development for Guerlain this month. In our preview from the full interview to be published in the Fall issue of Formes de Luxe, Lochard talks about how the luxury beauty brand has restructured[…]
Pochet du Courval unveils new site
In a bid to highlight its standard offer of bottles and jars, French glassmaker Pochet du Courval has unveiled a new website at www.collectionsbymaisonpochet.com. The glassmaker points out that the standard collections cater to brands'[…]
Maison Martell unveils novel retail concept L’Atelier Martell
Cognac brand Maison Martell (Pernod Ricard) has opened its first brick and mortar store. Located in Shenzhen, China, L’Atelier Martell blends digital and physical and is the blueprint for a global roll-out. "L'Atelier Martell reflects our vision[…]
Medicos revamps branding following reorganization
Medicos, a French packaging supplier specialized in plastic injection and drawn glass, has unveiled new names for its businesses to focus on its core markets of beauty and food. Holding company Medicos unites Mino Gaillard (plastic injection),[…]
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Key Figures
48%
The percentage of consumers globally who are more likely to buy luxury goods online since the onset of covid-19 (source: BCG and Altagamma, June 2020 study)