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In 2018, there are 579 malls on the African continent compared to 225 in 2010. The greatest number are 106 in Egypt, followed by Kenya with 66 and Nigeria with 53. According to market intelligence...

16 January 2019

Carrefour invents a sail-thru supermarket deserving Dubai’s coastline

Carrefour’s exclusive franchisor in the Middle East region, Majid Al Futtaim, launched the world’s first “sail-through” supermarket on December 4th. This serves yachts...

16 January 2019

Kenya attracts foreign retailers

In Kenya, supermarkets form 33% of retail formats, just behind South Africa. According to Nielsen, 89% of Kenyans shop in supermarkets, with the balance supplied by informal “dukas”...

16 January 2019

Korean cosmetics BRANDS ENTER Saudi Arabia

Acheter des produits cosmétiques coréens, réputés pour leurs ingrédients naturels, est devenu un must au Moyen-Orient. L’explication de ce succès...

16 January 2019

End of the game for Macy’s in China.

The U.S.A. department store chain announced a closure from December 31st of the store on Tmall, the huge online marketplace owned by Alibaba. The retailer is closing operations after closing all...

16 January 2019

Ikea plans a giant shopping complex in Shanghai.

Ikea plans to build a mixed-use complex of 430,000 sq.m. in Shanghai by 2022. Alongside the store (the 6th in China), the firm will offer space for more than 300 retailers in a 120,000 sq.m. area...

16 January 2019

Jysk plans 30 new stores in Thailand.

The Danish furniture and homeware brand Jysk (turnover €2.16 billion for financial year 2017/2018) launched its first store in Thailand earlier this year, adding to the 1,249 stores in 20...

16 January 2019

Luxury brands are investing in Tokyo, before 2020 Olympics Games.

The luxury brand Bottega Veneta opened an 800 sq.m. flagship over six floors in Tokyo. The futuristic megastore is Bottega Veneta’s largest in Asia, designed to fit the modernist...

16 January 2019

The Korean retail sector is booming

The South Korean retail sector (US$280 billion in 2017) is thriving with a 6% year-over-year increase in retail sales by the third quarter in 2018. South Korea was adversely impacted by the...

16 January 2019

India: Titan is betting on ethnic fashion and saree’s market growth

The ethnic fashion and saree categories in India are growing at a very healthy rate. India’s ethnic wear industry is currently estimated to be US$11.63 billion and expected to grow further...

16 January 2019

Delivery services in New York : FreshDirect fears Jet.com.

Less than a year ago, FreshDirect, an online grocer, had a 73% online grocery market share in New York City but today the service only covers 63% of the market. FreshDirect is being pushed out by...

16 January 2019

Canadian Lululemon launches a service similar to Amazon Prime.

The canadian athletic wear brand beloved by yogis Lululemon experiments a subscription loyalty service. After a successful pilot program in Edmonton, Canada, the retailer launches a US$96 annual...

16 January 2019

Grupo Boticário expected a 7% growth in 2018.

The Brazilian perfumery and cosmetics franchiser, Grupo Boticário is on track to repeat last year’s results and post a 7% annual growth, reaching US$3.3 billion in revenue for 2018...

16 January 2019

Rebag plants resale shop in Westfield World Trade Center

Rebag, marketed as the ultimate destination for buying and selling luxury handbags, has opened its fifth new location this year in Westfield World Trade Centre. The store “houses the most...

16 January 2019

BEAUTY. THE DISRUPTIVE BRAND Aesop continues growth spurt

The luxury skin and soap brand Aesop, part of the Brazilian group Natura&Co, registers strong growth “in all channels and geographies during the third quarter in 2018”, according...

16 January 2019

H&M grows globally during 2018.

The Swedish fashion retailer H&M continued global growth in 2018. In a preliminary report for its 2018 fiscal year, the fashion giant said sales (including V.A.T.) increased by 5% up to...

16 January 2019

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Lululemon, Ralph Lauren, Gap and Levi’s enter peak season with high stock levels

Faced with rising customs tariffs affecting US imports, several retailers have built up significant inventories. Over a year, the stocks of Gap, Levi’s, Lululemon, Ralph Lauren and Academy Sports...

27 October 2025

France and Italy urge Shein to reassess a business model

While Shein continues to spark controversy through partnerships with Pimkie and BHV department stores (SGM), Italy announced plans to introduce a tax on Asian e-commerce platforms. In France, the...

13 October 2025

Faced with debt and declining sales, Fossil files for bankruptcy

Competition from Apple and Samsung in the smartwatch segment, collapsing sales, customs tariffs… Cornered with a debt of US$179 million, Fossil has filed several bankruptcy petitions in the U.S.A...

29 October 2025

EU: Omnibus bill stalled in Parliament

On October 22, MEPs rejected by a narrow majority the negotiating mandate that would have allowed trilogue negotiations to begin on the omnibus directive watering down the CSRD and duty of care...

27 October 2025

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According to information from mind Media, the Casino group failed to take legal action against the advertising print distribution specialist Mediaposte (a subsidiary of La Poste). The food...

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AI-driven job cuts on the rise in tech sector

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...

14 October 2025