Leroy Merlin arrives in Senegal with Jumia Africa, Middle East On March 22, Leroy Merlin signed an agreement with the pure player Jumia to launch into Senegal with 700 products.…
Armani unveils new property project in Dubai Africa, Middle East Armani (2021 turnover of €2 billion, up by 26% vs 2020) with an interior design division,…
In Dubai, the marketplace Noon is banking on external growth to counter Amazon Africa, Middle East In the U.A.E., the marketplace Noon (also selling in Saudi Arabia and Egypt) has finalised the acquisition of the fashion pure-player Namshi (2021 turnover of US$491.6 million) with immediate effect.…
Fashion : Amiri continues expansion in Dubai and poaches a Burberry executive Africa, Middle East Luxury fashion retailer Amiri opened a first store in the U.A.E. in December 2022, which covers 330 sq.m of sales area in the Dubai Mall.…
Furniture: Majid Al Futtaim signs with Poltrona Frau Africa, Middle East In January 2023, the Majid Al Futtaim conglomerate entered the luxury furniture business via a partnership with the Italian brand Poltrona Frau,…
Supply-chain. KFC closes 70 restaurants in South Africa Africa, Middle East In December 2022, KFC announced the temporary closure of 70 fast food restaurants in South Africa.…
Confidential. Citrus Ad to open an office in Dubai Africa, Middle East Advertising technology company Citrus Ad (owned by Publicis Group since 2021) is building a team in the United Arab Emirates.…
Sélim Chidiac (L’azurde): “Online, 20% of customers use the Tabby split payment solution” Africa, Middle East Sélim Chidiac, C.E.O. of the L'azurde jewellery group, which has historically focused on wholesale, presents his strategic directions for increasing direct distribution. This includes deployment of BNPL, launch of a new website in 2023, development of QR codes in stores and a launch into digital marketplaces.
Casino and Lulu Group review their strategy in the Middle East Africa, Middle East The grocery retail market is evolving in the United Arab Emirates. At the beginning of April 2022, the Casino Group‘s business (total sales of €30.5 billion in 2021, down by 0.8% on a comparable basis) changed hands.…
The economic worsens in Tunisia Africa, Middle East According to the IMF, visiting Tunisia from 23rd to 25th March, the country is “facing major structural challenges”, which are leading to a growth and investment slowdown,…
