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As the world’s biggest retailers Wal-Mart and Amazon continue their foray into India’s major cities, the Ikea Group is adjusting its strategy after 12 months of operation. As a...

11 September 2019

Esprit relies on 1st German footwear retailer to get back on its feet

The German footwear retailer Deichmann (sales of €5.8 billion in 2018) and the Hong Kong-headquartered fashion brand Esprit (sales of €1.78 billion last year) sealed a new deal to...

11 September 2019

Animal Bars. The Asian version of retail experience?

As all global retailers are in search of qualitative and “Instagrammable” shopping experiences, the expansion of retail concepts based on experience with living animals is striking in...

11 September 2019

Ranking. Alibaba and JD.com are Asia’s largest retailers

According to an Euromonitor study published in August 2019, the Chinese companies Alibaba and JD.com dominate the ranking of Asia’s 100 largest retailers by sales. This study also highlights...

11 September 2019

In India, Amazon and Wal-Mart further merge online and offline

The leading Indian retailer Future Retail (2,000 stores including the supermarket chain Big Bazaar) has signed an historical deal with Amazon. After having purchased Wholefoods in the U.S.A...

11 September 2019

Mega apps, gamification and high-end interactions are key to succeed in China

What are the pillars of a successful retail strategy in China, which is expected to become the world’s largest market for fashion in 2020 as forecasted by McKinsey? In this mobile-first...

11 September 2019

The price of Dubai commercial leases continues to fall

According to a JLL study, the rents for Dubai’s best commercial locations fell by 4% in the quarter ending in June 2019 (annual evolution), and this trend is expected to continue until 2020...

11 September 2019

Urban Outfitters makes inroads in the Gulf

Urban Outfitters partnered with the Azadea Group, with a September opening of a first store in the Middle East within the iconic Dubai Mall (350,000 sq.m GLA, 41 million visitors in the first half...

11 September 2019

Casino recovers its capital but keeps its franchised business

Eager to reduce debt, the Casino Group (managed by Jean-Charles Naouri) has sold Vindemia, a subsidiary in the Indian Ocean. While the share price of Casino collapsed and the Group’s debt...

11 September 2019

Luckin Coffee aims to win customers in the Middle East

In the end of July 2019, the highly-disruptive Luckin Coffee retailer (see GRN, April 2019) signed a joint-venture agreement with the Kuwaiti-based company called The Americana Group to win...

11 September 2019

U.S.A. Nike and Birchbox which scheme for subscription?

In the USA, the market for children’s equipment purchased by regular subscriptions is growing well. This is why the American brand and retailer Nike launched a subscription service in...

10 September 2019

An average e-commerce spend of US$144?

According to a Visa study compiling data from March 2018 to February 2019, the average basket for e-commerce transactions reached US$144 in the United Arab Emirates. The study shows that the spend...

10 September 2019

Fashion brands return to Bangladesh

The trade war between China and the U.S. is redefining the garment sourcing. While Chinese apparel imports to the U.S are subject to a 15%-tariff uplift, Bangladesh has received a lot of new...

10 September 2019

Burberry launches a new chat service in a Whatsapp style

Burberry (€2.5 billion revenue in 2018) is introducing in the U.K. “R Message”, a chat function within its mobile app to bring the customer relationships beyond the physical...

10 September 2019

Ikea U.S. manufacturing operations will move to Europe

The world’s largest furniture retailer Ikea will close the only manufacturing site in the U.S. (in Danville, Virginia) in December 2019, shifting the operations to Europe to follow lower...

10 September 2019

In Brazil, Wal-Mart focuses on cash & carry

One year ago, Wal-Mart sold 80% of its 410 Brazilian stores to the U.S. private-equity fund Advent. In this market dominated by Casino (650 stores) and Carrefour (690 stores), the turnover of...

10 September 2019

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EU: Omnibus bill stalled in Parliament

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As leading tech companies ramp up investment in artificial intelligence (AI) and roll out transformation plans to boost its development, layoffs across the sector are increasing. But are the job...

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