[confidential] With Courrèges, Gérard Darel and Roberto Cavalli, Autone grows to 40 customers Europe 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.
In Milan, Kering spends €1.3 billion on the second most expensive street in the world Europe On 4 April, Kering (sales of €19.6 billion in 2023, down 2% in one year, and a net margin of 15.6% of sales,…
In France, 47% of influencers do not comply with the law Europe In France, the 9 June 2023 law aimed at regulating commercial influence and combating the poor behaviour of influencers on social networks established a legal framework for advertising practices.…
Ikea buys Ikano Bank Europe Swedish retailer Ikea, which offers fractional payment (BNPL) and consumer credit services, could soon be expanding a range of financial services.…
Department stores: Central Group wants to buy Signa Holding’s property assets Asia Europe According to Reuters, the luxury division of Austrian property company Signa Holding (US$ 5.5 billion in debt as of November 2023),…
Regulatory: Brussels agrees directive on platform workers Europe On 12 March 2024, the European Council confirmed the directive on the rights of platform workers. This text could now pave the way for massive wage reclassifications. There are 43 million self-employed drivers and delivery workers.
French government is expected to confirm laws for “fast fashion” and eco-score Europe In France, following adoption of a fast fashion law by the Parliament in mid-March, the government is under pressure to deliver. Definitions are needed for company thresholds alongside terms and conditions of the decree implementing environmental labelling. According to our sources, the government will report on forced labour in the fashion industry, which could lead to a future bill on the social aspects of the sector.
Ukraine: After Pandora, Yves Rocher and H&M, Zara resumes partial operations Europe Pandora and Yves Rocher re-opened in Ukraine after suspension at the start of the war,…
Troubled Maisons du Monde relies on Google’s AI to keep e-commerce afloat Europe Maisons du Monde is unveiling a recovery plan, that focused on a new franchising model. Meanwhile, it is taking stock of how to use AI to improve performance, including digital acquisition campaigns and product specification sheets. Constance Fouquet, Executive Director of Digital, IT & B2B, spoke to mind Retail ahead of the 1-to-1 show in Monaco.
[confidential] Skello relies on Open-Ai to speed up the creation of sales schedules Europe After a steady growth in 2023, Skello detailed an annual roadmap to mind Retail. In addition to the integration of Open-Ai, major investments are now being made in API connectivity and analytics, signalling a shift towards greater operational efficiency.