Primark accelerates U.S. expansion to compete with Shein Americas In the U.S.A., Primark (2022 turnover of €8.9 billion via 408 stores) opened a 17th American store on 20th April in the Walden Galleria mall in Buffalo (New York State).…
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,…
Coty, Estée Lauder, L’Oréal: China at the heart of the strategy Asia Cosmetics giants have accelerated their investments and development for the Chinese market in 2022, including new outlets and building innovation centres. We consider the main strategies.
Galeries Lafayette: New impetus in China, concern for the 25 French stores in provinces Asia While Galeries Lafayette has signed with a new Chinese partner, in France, the financial safeguard procedure for 26 department stores raises stakes of territory appeal at a national level.
Apple makes a deeper foray into India with two first stores Asia While Apple (2022 revenue of US$394.3 billion, up by 8% vs 2021) took a first step into the Indian market in 2020 with an e-commerce site,…
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.…
In Brazil, the “cash & carry” format made Carrefour and Casino successful in 2022 Americas In a context of pressure on margins, and debt reduction for Casino, Brazil is a strategic market for the French food giants. Cash & carry stores are particularly popular, and Casino and Carrefour are both reorganizing store formats.
In the U.K., B&Q and Ikea roll out urban formats Europe B&Q (Kingfisher group, Q3 2022 turnover of US$3.9 billion up by 1.7%) ended a partnership launched in 2020 with Asda,…
India: Reliance ditches Sephora and launches own beauty brand Asia Although talks about Reliance Retail taking over Sephora's franchise rights in India have been abandoned, the Indian retailer is moving into beauty with its own omnichannel brand called Tiara.
Naterial, Comptoir des Artisans: Leroy Merlin refines its offer Europe The Adeo Group (2021 turnover: €32.4 billion, of which 6.6% are online sales) is to launch a Naterial showroom format dedicated to outdoor design.…
