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A key issue regarding the sustainability of fragrances, alcohol, the main constituent of most juices, can now be obtained using more environmentally and biodiversity friendly practices and processes. Faced with multiple ecodesign challenges, the industry is moving towards new supply routes. Manufacturers wishing to achieve a high ecodesign index have been paying particular attention to ethyl alcohol, or ethanol, which can account for up to 95% of a fragrance composition. ‘Green’ alcohol can...

The three perfume houses of the LVMH group will collaborate with Cristal Union — a French agricultural cooperative that brings together more than 9,000 beetroot growers and employs more than 2,000 people to produce and market sugar, alcohol and bioethanol – to improve the agricultural practices in the beetroot sector. The cultivation of beets is a key element in the perfumery supply chain since it produces the alcohol that serves as a support for most luxury fragrances. Agroecological...

German private equity firm AGIC Capital has acquired a majority stake in Paris-based Pure Trade from Sparring Capital, the management team, and founders. Pure Trade is a leading global supply chain solution provider in the premium secondary and promotional packaging space. Pursuing a highly flexible fabless operational model, the company operates as a one-stop-shop partner for the world’s leading luxury cosmetic and beauty brands. Pure Trade offers a wide range of services including project...

AGIC Capital had acquired a majority stake in Paris-based global supply chain solution provider Pure Trade for an undisclosed amount.