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Voice recognition. Casino signs with Vivoka
“If Siri (Apple), Alexa (Amazon) and Google Home are well established, I wouldn’t be surprised if a Chinese company win the battle for digital voice assistants,” said William...
12 December 2019
The U.S. gem Tiffany moves under the LVMH flag
In late November 2019, the world’s biggest luxury retailer LVMH (sales of €46.8 billion in 2018 for a net margin of €6.4 billion at 14% of sales) secured a massive deal to purchase...
12 December 2019
Ikea too decides to quit Amazon
With a sales target of US$238 billion this year with a staff of 750,000, “Amazon is a company functioning at a scale that was previously left to government,” said Thomas Perriello...
12 December 2019
Discount. Action now valued €10 billion
With 1,473 stores in seven European countries and a staff of 46,000 employees, the Dutch retailer Action (turnover of €4.2 billion in 2018, up by 5.4% in the 10 months tao late October 2019)...
12 December 2019
With Greenweez, Carrefour aims to become Europe’s n°1 organic e-retailer
The organic market is gaining customer traction, both online and in physical stores. Greenweez.com, a Carrefour subsidiary which specialises in online grocery, is moving pawns into Europe. Sophie...
12 December 2019
Cherrywood Dublin, The Mall of the Month
A strong player in the business office market keeps expanding into retail. Developed by the family-owned U.S. investor Hines, the Cherrywood project in Dublin (Ireland) is one of Europe’s...
12 December 2019
“Values of medium-sized shopping centres are falling, we don’t see a clear future for this class of asset”
Patrick Delcol, Head of Pan-European Retail at BNP Paribas Real Estate answers key questions for G.R.N.
12 December 2019
Are shopping centres still justifiable?
What is the “raison d’etre” of shopping centres in 2020, and after? At the Mapic conference held in November, GRN explored a sector in the midst of critical change.
12 December 2019
L’Occitane: Elemis investment pays back
The beauty retailer L’Occitane International (3,420 points of sales including 1,572 company-owned stores), announced net sales of € 727 million in the quarter to late...
10 December 2019
Voice recognition from. A future revolution for retail?
Voice dictation services are booming. Although 70% of voice requests to either Alexa and Siri are about weather, 30% of smart phone users also use voice dictation every day. (source: BDM media)...
26 November 2019
Who are the new Picard shareholders?
As discreet as influent, these individuals are unknown to the public but have a fair legacy of success as convenience store experts. Moez-Alexandre and Soraya Zouari, who own the eponymous Zouari...
14 November 2019
New M.D for Walmart U.S.A.
In the United States, Walmart announced the surprise departure of Greg Foran, who ran Walmart U.S.A. for the past five years, i.e. 4,769 stores excluding the Sam’s Club cash & carry...
14 November 2019
Hong Kong protests push city into recession
In September 2019, the chain of organic convenience stores JustGreen dropped the curtain in Hong Kong, after 11 years of business. InterContinental Hotels Group told investors that in Hong Kong...
14 November 2019
Do Chinese shoppers want sustainable fashion?
In China’s retail, trends generally spread very quickly. As Chinese consumers are used to be interested in the best deals on designer brands, will the next frontier be ethically sourced or...
14 November 2019
Uniqlo’s impressive Indian start
Japan’s biggest fashion brand is Uniqlo (a subsidiary of Fast Retailing, revenues of US$48.1 billion in 2018, up by 7.5%). The business opened a first store in India in October 2019 and...
14 November 2019
U.S. brands lose Chinese customers
Many international retailers miscalculated the consequences of a wave of Chinese patriotism in a country with a population exceeding 1 billion. According to a study from Brunswick Group of June...
14 November 2019
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Carmila join forces with Unlimitail and JCDecaux to equip 252 malls
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With Grand Frais, Apollo makes a first move into European grocery retail
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3
Italian Golden Goose set for Chinese ownership
A year after the French children’s clothing brand Bonpoint was acquired by Chinese group Youngor, Italian luxury brand Golden Goose is next. British fund Permira (already owner of Hugo...
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4
Pierre Brousseau (FDJ United Ventures): “For 2026, we are positioning ourselves in a more rational and offensive again VC market”
What is the total amount of assets under management at FDJ United Ventures?FDJ United Ventures was launched in 2015. We invest in European start-ups supported by La Française des Jeux (FDJ...
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