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Exclusive white paper: Beauty goes circular, the second-hand market for fragrance & cosmetics
Second-hand fashion is fast becoming the norm in the luxury space as brands from Rolex to Balenciaga build circular strategies to control this flourishing market. But what about beauty? How can fragrance and cosmetics’ brands adopt...
Pernod Ricard acquires minority stake in ecoSPIRITS
Wine and spirits group Pernod Ricard’s minority investment in ecoSPIRITS is part of a $10m Series A funding round. ecoSPIRITS, which has developed distribution technology for on-trade premium spirits, will use the funds to accelerate R&D,...
Interview
Corrado Ferrozzi's plan to make Stoelzle Masnières luxury glassmaking's one-stop shop
Corrado Ferrozzi took on the position of General Manager at Stoelzle Masnières in 2023. He speaks to Formes de Luxe about his priorities for the historic French glassmaker and the investments underway to transform the glassworks into a...
Interview
Secondhand cosmetics: Capgemini points to the potential of this $7bn market
Beauty veteran Emmanuelle Bonardi joined Capgemini Engineering earlier this year as Industry & CPRD Presales Director. Part of her remit is to detect emerging trends in the beauty space. The rise of secondhand cosmetics, namely fragrance and...
Wine market not so rosé, says IWSR
The wine market is current facing its share of challenges, with volume declines expected to continue. But opportunities in the premium segment exist, likewise for sparkling and alternative wines. This is according to the latest research from...
Interview
Saverglass' Jean-Marc Arrambourg: "All of the market’s parameters have been upended"
Saverglass President Jean-Marc Arrambourg shares his vision of the crisis currently facing the glassmaking industry and details how and why his company continues to grow, despite the headwinds.How has Saverglass been dealing with the current...
Eldorado no more? Luxury sales in China fell by 10% in 2022
According to recent figures from Bain & Company, China’s luxury market was hard hit in 2022 with sales down by 10% marking the first decrease in five years. The country’s successive lockdowns were the main culprit, but other headwinds...
French cosmetics exports hit €19.2bn in 2022
The US has replaced China as the biggest importer of French cosmetics products, according to data from cosmetics association FEBEA. Cosmetics is the third-largest contributor to France’s trade surplus, behind aeronautics and wines and...
An “epic year” for US prestige beauty sales in 2022 says The NPD Group
Make-up (+18%) and haircare (+22%) saw the strongest growth within US prestige beauty last year, which was the fastest-growing industry segment*. Greater spending from higher income consumers was just one of the factors driving growth in the...
What beauty segments are the refill champions in France?
Sales of refillable beauty products and their refills across France’s selective perfumery channel are dynamic, says The NPD Group. In addition to the more mature refillable fragrance segment, refillable make-up has logged the strongest...
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