Regional focus - Page 6

Cognac sales outperform with 30.6% increase in 2021

Sales of Cognac increased in both value and volume in 2021, driven by demand in the US and China, according to industry association BNIC. Newer, dynamic markets like South Africa and Nigeria are boosting growth, while the cocktail culture...

China: future champions of green luxury?

Is China more environmentally responsible than the West imagines the country to be? One thing is certain: the luxury industry must make ecology a key part of its strategy in the market, according to panelists at The Emergence of Sustainable...

China luxury driven by post-90s & heavy-spending consumers

Mainland China’s luxury market is forecast to grow to RMB630bn ($94.1bn) in 2022, according to the 2021 Tencent x BCG China Digital Luxury Report.A better local shopping environment and changing spending habits are set to drive the 23%-25%...

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...

U-label looks to digitize EU wine & spirits labelling

Set to launch in December 2021, U-label is a digital label initiative spearheaded by industry bodies CEEV (European Committee for Wine Companies) and SpiritsEUROPE. The electronic label will allow wine and spirits brands to meet EU...

French luxury study taps consumer perception

France’s hold on the luxury consumer’s mindset is assured for the foreseeable future, says a new report by Ifop-sociovision for French luxury association Comité Colbert. But there are also challenges to address, including changing...

Cosmetic Valley summit: France’s beauty industry fights for leadership

The health of France's fragrance and cosmetics industry as it emerges from the pandemic was a hot topic at Cosmetic Valley's annual summit in Paris on October 14th. Held during the business cluster's Cosmetic 360 trade show, the organization...

Keys for luxury to navigate post-pandemic growth

At a press conference this morning in Paris addressing the luxury market from a French and Italian brand perspective, Kantar gathered experts from the field to take a closer look at the changing luxury consumer and how brands should adapt to...

Interview

Talking super premium spirits with Campari Group’s Julka Villa

Julka Villa, Managing Director of Campari RARE, spoke with our sister publication Formes de Luxe on her ambition for the newly minted super-premium division.What was behind the launch of RARE?Campari Group has been acquiring and...

Aptar's Xavier Susterac: "We're adapting to the new context, while investing for the future"

For Xavier Susterac, President EMEA at Aptar Beauty + Home, the 2021 edition of LUXE PACK Monaco will be more important than ever when it comes to showcasing innovations. The supplier will present its Silk and Future pumps at the show....