Corporate strategy - Page 8
Authentic Material raises €5m; Chanel enters capital
Along with the news that Authentic Material has raised €5m to develop its production footprint, the French materials specialist revealed that Chanel has acquired a minority share in the company.This week, French upcycled natural materials...
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Three questions for Simone Baratta, Bormioli Luigi Beauty Business Unit Director
This year, Bormioli Luigi had to absorb a growth rate of 25% compared with 2019. How did you cope with that?Meeting our clients’ needs is a top priority: given the current context, our investment strategy made all the difference by...
Van Genechten Packaging adds cold foil technology to offer
Secondary packaging specialist Van Genechten has invested in a cold foil press at its Angoulême site, bringing the embellishment process in-house.Van Genechten Packaging (VGP) joined forces with Dutch printing specialist Vinfoil for the...
Pochet du Courval to debut electric furnace in 2024
Pochet du Courval will have an electric furnace at its Guimerville (Seine-et-Maritime) site by the end of 2024. The first French furnace for luxury flaconnage will require an investment of between €22m and €30m.French luxury glassmaker...
Microfluidic manufacturing: Capsum outlines strategy for US beauty market
At the inauguration event of Capsum’s brand new manufacturing site in Austin, Texas, CEO Sébastien Bardon sat down with Luxe Packaging Insight to discuss the French formulation company’s roadmap for its US business.As of 2020, Capsum, a...
Rémy Cointreau’s Telmont tests lightweighted Champagne bottle
Striving to reduce its carbon footprint, Champagne Telmont is working with French glassmaker Verallia to reduce the weight of its bottles by 35g. The first Champagne to launch in this new bottle could hit the market in 2025.Champagne...
Berlin Packaging continues to eye growth in Europe
In the space of three years, Berlin Packaging has snapped up some 20 companies in Europe’s glass, plastic and metal sectors. The North American group’s external growth strategy is set to accelerate this year with a dozen acquisitions in...
LVMH Beauty inks partnership with Origin Materials for sustainable packaging
A partnership between French luxury group LVMH and US-based Origin Materials will see LVMH Beauty secure sustainable, carbon-negative PET for use in its perfume and cosmetics packaging.As it works towards its goal of zero plastic from virgin...
L’Oréal injects €50m in circular economy fund with packaging focus
With L’Oréal as the anchor investor, the €150m fund managed by France-based Demeter and Canada’s Cycle Capital aims to scale growth-stage circular innovations across packaging, materials, processes, logistics and recycling &...
Stoelzle expands decoration capacity in Poland, joins ZeroCO2Glas project
Growing its decoration capacities in keeping with market demand, Stoelzle has invested €1m in a new high-speed spraying line at its Czestochowa site in Poland. The Austrian glassmaker has also joined the ZeroC02Glas project to develop a...
