Corporate strategy - Page 7

Eastman & Loop Industries announce massive investments in French recycling initiatives

Global specialty materials company Eastman and clean technology expert Loop Industries, in partnership with Suez, have each announced plans to invest in ambitious new plastics recycling and processing facilities in France. US-based speciality[…]

Virospack targets Asia expansion with new sales office

Spanish dropper specialist Virospack has created a new entity, Virospack Asia, as it seeks to work more closely with local Asian brands and develop its business in this fast-growing market. A sourcing center is in the pipeline, and a factory[…]

Axilone gains formulation expertise with acquisition of China’s Anewcos

With its purchase of a majority stake in Anewcos, announced this week, primary packaging supplier Axilone is building its turnkey offer in the beauty space, while entering the formulation market for the first time. The move allows the French[…]

Verallia details electric furnace project at Cognac site

French glassmaker Verallia is investing in electric furnaces at its site in Cognac as it strives to meet its ambitious CO2 reduction targets. The furnaces are set to come on-stream in 2023-2024 and will produce extra-flint glass for wines and[…]

Interview

How Arcade Beauty CEO Carl Allain aims to drive growth

With CEO Carl Allain at the helm, sampling specialist Arcade Beauty is shaping its growth strategy for the years to come. Turnkey retail products, the backbone of the company’s recently created division, Arcade Beauty Retail, is a key area of[…]

Chanel taps Unilever veteran as CEO

French luxury brand Chanel has named former Unilever executive Leena Nair Global CEO, effective January 2022. Nair, who will be based in London, has served as consumer-goods group Unilever’s Chief Human Resources Officer and a member of its[…]

Cherigan: Reviving perfumery’s golden age

The Different Company’s Luc Gabriel is bringing back the golden age of perfumery by relaunching Cherigan, a French fragrance brand founded in 1929. For the art deco-influenced packaging, the brand opted for rectangular flacons whose lacquering[…]

Pusterla 1880 rebrands Pollard Boxes to Pusterla Pollards after acquisition

UK-based luxury packaging manufacturer Pollard Boxes has unveiled a new name and logo following its acquisition by Italy’s Pusterla 1880 earlier this year. Rigid-box specialist Pollard Boxes has changed its name to Pusterla Pollards. Pusterla[…]

Amorepacific to use Eastman’s Cristal Renew in its packaging

US specialty materials provider Eastman has inked a partnership with Amorepacific as the latter ramps up its focus on sustainable packaging. Laneige will be the first of the beauty group’s brands to use Eastman’s Cristal Renew into its packs.[…]

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[…]