Corporate strategy - Page 7

BillerudKorsnäs restructures business units

Paperboard manufacturer BillerudKorsnäs has announced a “simplified organizational structure” for its businesses as of August 1. The new structure is comprised of three divisions: Wood Supply, Operations and Commercial. Sustainability and[…]

Steklarna Hrastnik shutters tableware business to focus on packaging

In September, extra white flint glass packaging will make up 100% of the Slovenian glassmaker’s production. The move away from glass tableware had been in the works for some time now. Steklarna Hrastnik managing director Peter Cas told Luxe[…]

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[…]

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[…]

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[…]

Shiseido secures exclusivity for ID Scent’s Scentouch

Fragrance sampling specialist ID Scent has signed an exclusive partnership with Shiseido, giving the Japanese beauty group exclusive use of the supplier’s Scentouch fragrance sampling format throughout 2020. Shiseido will be the first company to[…]

Arcade Beauty launches Abeo digital sampling initiative in Europe

Arcade Beauty’s Abeo platform leverages social media to make it easier for brands to get product samples into the hands of consumers. Abeo, the digital department created by beauty samples specialist Arcade Beauty and launched in the US last[…]

Pochet Group & PSB Industries end negotiations for sale of Qualipac

Citing the current crisis and a “complex and uncertain” climate, Pochet Group has announced the cessation of its exclusive negotiations to sell Qualipac, its plastics and metals business, to Texen owner PSB Industries. The French glassmaker had[…]