Regional focus - Page 2
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[…]
Asia-Pacific leads in retail’s post-covid digital transformation
The Covid-19 health crisis has seen retailers accelerate their digital transformation as they mine new technologies in response to novel consumption patterns. Nowhere is this shift more evident than in Asia-Pacific, which is at the forefront of[…]
China make-up market to see +8% CAGR through 2024, says GlobalData
Chinese consumers are spelling big opportunities for luxury makeup brands as the market is forecast to reach $8.8bn in 2024, according to GlobalData. The research firm’s new report, China Make-Up – Market Assessment and Forecasts to 2024,[…]
Imprim’Luxe introduces new measures to support France’s printing sector
Founded seven years ago in a bid to relocate printing processes geared to the French luxury industry back to its home turf, Imprim’Luxe is rolling out a program to promote printing ‘Made in France’. The health crisis is making this strategy all[…]
CosmetoPack: Beauty players team up for pack/formula interaction research
In the absence of a reference system specifically adapted to cosmetics, 15 beauty groups and suppliers in France including LVMH have formed CosmetoPack, a working group to conduct research into the interaction between packaging and formula. In[…]
China’s luxury & beauty sales rebound, says Luxurynsight report
With China’s gradual economic recovery and consumption getting back on track, luxury and beauty are witnessing a fast rebound at retail in the country, according to a just-published report from research firm Luxurynsight. However, with the[…]
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[…]
“Luxury in Brazil is at a standstill”
Luxe Packaging Insight spoke with André D'Angelo, a luxury-goods consultant in Brazil and author of Need, Don’t Need: Brazilian Marketing & Behavior in the Luxury Market, on the state of luxury in the country. How has Brazil’s luxury market been[…]
spiritsEUROPE joins Close the Glass Loop platform
European spirits federation spiritsEUROPE has joined Close the Glass Loop, a new industry-wide platform created to boost the quantity and quality of recycled glass in Europe led by glass association FEVE. The platform’s official launch will take[…]
EC’s Circular Economy plan sets ambitious measures for packaging
The European Commission’s new Circular Economy Action Plan, unveiled earlier this month, sets out a range of measures that will have implications on the design and use of packaging and plastics. The plan was adopted as part of the European Green[…]
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