Infos Right to repair: Brussels adopts a directive to promote circularity On April 23, 3 years after the AGEC law in France and in the wake of the CSRD,…
Infos Israeli-Palestinian conflict: is companies’ neutrality a solution? In 2024, along with McDonald‘s in Israel, and the Alshaya Group (owner of Starbucks franchises in the process of reducing 2,000 staff), …
Infos Department stores: How Myer went from 7% to 20.5% of online sales Australia's largest department store retailer has turned the business around with a customer-focused strategy which delivers. At the World Retail Congress in Paris, C.C.O. Geoff Ikin shared the omnichannel and efficiency gains.
Infos Dubai: Spinneys targets an I.P.O. valuation of US$1.5 billion On April 23, 2024, supermarket group Spinneys 1961 Holding (70 stores in the U.A.E. and Oman, a subsidiary of Al Seer) opened subscription of 9,000 shares in preparation for an I.P.O.…
Infos [confidential] With its app, Mondial Relay enhances locker capacity To optimize maximum capacity of lockers, Mondial Relay (a subsidiary of Polish Group Inpost) relies on the app, launched in Poland and also in France in October 2022.…
Infos Lululemon: record profits in 2023 with worrying growth This represents a marked slowdown compared with Lululemon’s pre-Covid-19 results. On March 21,…
Infos [confidential] Cora signs with Delipop to pool e-commerce flows Mind Retail learned that, after signing up Carrefour, Intermarché and Monoprix, Delipop has just gained up two more clients in the food retail sector.
Infos [confidential] With Courrèges, Gérard Darel and Roberto Cavalli, Autone grows to 40 customers mind Retail learned that Y Combinator-incubated stock optimisation start-up Autone is preparing a Series A. After launching in fashion, the firm is moving into home furnishings and beauty.
Infos B&Q: 10% of e-commerce sales come from product recommendations At the World Retail Congress in Paris, Thierry Garnier, C.E.O. of Kingfisher (sales of US$14.98 billion in 2023,…
Infos Bijou Kurien, Retailers Association of India: “Investors’ focus has shifted from sales growth to profitability” After 6 years as head of L-Catterton Asia, an investment fund supported by LVMH in Asia, Bijou Kurien is the Chairman of the Retailers Association of India, and a member of the Board of several Indian companies such as Brigade Enterprises (property), Timex Group (watches) and Suguna Foods (food). At the World Retail Congress in Paris, he shared with mind Retail his vision of the VC landscape in India.
Infos Retail crisis in Morocco: international franchises in jeopardy In 2024, the Moroccan retail sector is going through a tumultuous period, marked by the successive closures of international franchises.…
Infos L’Occitane, Sephora, Ulta Beauty make major moves in a slowing market As the beauty market slows down, particularly in China, three cosmetics retailers are making major moves. L'Occitane could move under an American flag. Sephora is changing rules of governance in China. Ulta is witnessing slower growth.
Infos Crate & Barrel: design workshops generate 40% of store sales Operating in the U.S.A. and Canada, furniture retailer Crate & Barrel (Otto Group) developed an appointment-only service offering advice on interior design and decoration. Results were presented on April 16, by CEO Janet Heyes at the World Retail Congress in Paris.
Infos Jean-Louis Borde, Gemo: “We are going to launch a rental service for our baby range” Fashion retailer Gemo, part of the Eram group, adapted logistic tools to embrace a circularity journey for rental services. Jean-Louis Borde, Supply-Chain Director, explained adoption of the new version of Manhattan Active's Warehouse Management System (WMS), which is currently deployed.
Infos China: Roche Bobois takes back control of Chinese franchisee On April 10, 2024, the family-owned Roche Bobois Group (annual sales of €429.6 million to 31 December 2023, up 6.1% at constant exchange rates) announced a strategic shift in China.…