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.
EU: sustainability due diligence directive blocked by France, Germany and Italy Europe The Corporate Sustainability Due Diligence Directive has failed to win support from the qualified majority of member states needed to reach the final vote in the European Parliament. The possibility of this major text regulating corporate CSR practices being adopted before the European elections appears more limited than ever.
[Analyze] The six major challenges facing retail in 2024 A few of the barriers for retail in 2024 include generative AI, retail media, decarbonisation and CSRD, omnichannel efficiency or social commerce. Retail, commercial property and retail tech sectors are all facing new pressures. What they all have in common is the need for efficiency and hyper-agility, against a backdrop of fluctuating demand and financing pressures. The challenge is to generate Ebitda to finance recovery plans (digital transformation and price cuts) and settle residual debt.
[confidential] Christofle prepares to launch a second-hand offer in the U.S.A. Americas After launching an omnichannel platform in October 2023 to repurchase more second-hand products from French customers, the tableware brand is stepping up the pace in the US market.
[Info mind Retail] Pauline Gubert, Babymoov: “Our business of re-conditioned products will grow from 3,000 to 20,000 units in two years” Home appliances manufacturer Babymoov (food processors, baby monitors) has formalised a partnership with CircularX (a subsidiary of Recommerce Group) in order to expanding the range of second-hand products. In an exclusive interview for mind Retail, Chloé Neyrial, E-Commerce Manager, and Pauline Gubert, Marketing Manager, present the launch of the scheme and its KPIs.
Zero-carbon stores: a new controversial claim for Amazon Americas Having abandoned goal of achieving 50% “zero-carbon” shipments by 2030, zero-carbon is making a comeback in Amazon’s media communications.…
CSR [info mind Retail] Christofle relies on CircularX to accelerate second-hand revenue According to our source, the high-end tableware retailer controlled by the Chalhoub family launched a program in early October 2023 to buy back second-hand products from individuals. Pierre Leurquin, Director of Transformation, explained this shift to scale-up via a profitable model.
Arnaud Lesne, Carrefour Belgium: “With Reeborn, it’s the first time a grocer rewards the sale of second-hand products” In Belgium, Carrefour is preparing to launch a Reeborn app, dedicated to second-hand goods, in early November. Arnaud Lesne, Director of Innovation and Partnerships, talks to mind Retail about subscription mechanics and marketing objectives.
[info mind Retail] A third of Shein’s suppliers will not be audited in 2023 Asia With the results of the French DGCCRF investigation expected this Autumn, and the U.S. SEC continuing a survey regarding allegations of forced labor, Shein provided an update on its industrial model and control practices at Paris Retail Week. Read all about it here.
Dubai: The sustainable label The Giving Movement is multiplying pop-ups Africa, Middle East Eco-friendly clothing brand The Giving Movement, founded in April 2020 in the United Arab Emirates,…