Regional focus - Page 2

Dossier

Taking stock in the glass industry: crisis, innovation & sustainability

In the world of luxury packaging, glass has long been king. In our monthly Dossier, we take an in-depth look at how the health crisis is impacting glassmakers, what could be put into place to boost the sector's profitability and what is in the[…]

Stoelzle opens premium spirits activity at Masnières site

Just one month after Stoelzle Masnières fired up its new furnace, the Austrian glassmaker is poised to launch the production of bottles and carafes for the premium spirits market at its historic French glassworks. Following the opening of its[…]

From the Editor’s Desk: French beauty industry voices support for local glassmakers, but at what cost?

With the first anniversary of the coronavirus pandemic's onset fast approaching, the luxury industry is surveying the damage done in 2020, and worriedly looking to its perspectives in 2021. Behind these companies, an entire supply chain is[…]

China’s luxury market share almost doubles in 2020

The luxury-goods market in mainland China is forecast to grow 48% to almost $53.6bn in 2020 with leather goods and jewelry the most in-demand categories, according to a report from Bain & Company and Tmall. Boosted by an increase in domestic[…]

Northern Europe's paperboard suppliers look to greener pastures

In an increasingly competitive market, paperboard’s Nordic pioneers are developing increasingly sustainable, plastic-free premium materials to offer luxury brands solutions that are both elegant and renewable. The next step? Integrating a[…]

Luxury takes off as China’s economy bounces back

China’s GDP grew 4.9% year-on-year in the third quarter as it continues to bounce back from the coronavirus pandemic, figures from the country’s National Bureau of Statistics show, yet recovery in retail consumption has been slower. The luxury[…]

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[…]