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The pure-players attract managers from Brick-and-mortar! The founders of Boohoo, a fashion site for Generation Z that breaks records with a 50% increase in turnover to US$519 million over the last...

13 November 2018

Steve Kessel, the Amazon Retail Star

Amazon opens its new store formula ‘Amazon 4-star’ in New York on September 27th. This shop works on the same principle as Amazon Books by selecting the most popular items (more than 4...

13 November 2018

In 2022, online sales of Fast-Moving Consumer Goods will reach 12%

Amazon, Alibaba and JD.Com are making noise in the industry. However, the share of e-commerce in Fast Moving Consumer Goods (FMCG) is only at 7% of the global market of Foods and Consumers Goods...

13 November 2018

Lulu Group intends to open 4 hypermarkets in Egypt

U.A.E.-based retail giant Lulu Group is planning to invest US$500 million in Egypt over the next two years. According to a statement issued in Cairo, the company said it intends to build four new...

13 November 2018

Burger King eyes Africa

Burger King, the world’s second-biggest burger chain, is set to launch a string of restaurants in sub-Saharan Africa, including Nigeria. According to Daniel Schwartz, C.E.O. of Burger...

13 November 2018

A solar Photovoltaic rooftop for Mall of Africa

Located in Johannesburg, Mall of Africa, the biggest shopping mall on the continent (132,000 sq. m.) is set to unveil a world first in integrated renewable energy systems, with the largest rooftop...

13 November 2018

International Retailers turn to Israeli Startups to Fight the Amazon Giant

In October, two Israeli e-commerce start-ups were sold to foreign buyers for a combined US$250 million. Tapingo, which enables students to order meals on campus, was acquired by the U.S. company...

13 November 2018

U.A.E. Online retailing expected to grow more than 33%

According to Euromonitor International the consumer electronics market in the U.A.E. is expected to grow to US$4.19 billion this year compared to US$3.68 billion last year, registering a growth of...

13 November 2018

Abu Dhabi mega mall: launch date pushed back several times

In June 2017, the chief executive of Gulf Capital told Gulf News that the mall would be completed by the end of 2018. Prior to that, it was scheduled to open in March 2018. Now at last the mega...

13 November 2018

China: Alibaba struggles against Meituan in food delivery services

The Alibaba Group is merging a food delivery unit ‘Ele.me’ with Koubei, competing with Meituan Dianping for dominance in China’s growing on-demand services market. The new...

13 November 2018

Metro cash-and-carry targets Kirana stores in India

India is a country of small and independent business, with 12 million retailers operating ‘kirana’ stores, known as “little shops”. Arvind Mediratta, C.E.O., Metro Cash and...

13 November 2018

Electronic brand Xiaomi wants to open 1,000 stores by 2020

Chinese electronics brand Xiaomi has opened its largest ‘Mi Home’ store in Wuhan. It features a ‘Smart Home’ area to showcase a range of Xiaomi products in a domestic...

13 November 2018

India: Sneakerheads is gaining growth

India is seeing a growth in the popularity of sneakers and a rise in the subculture of sneakerheads. This movement started in the U.S.A, promoted by hip-hop culture, basketball icons like Michael...

13 November 2018

Southeast Asian brands are growing in Hong Kong

Southeast Asian brands are gaining strength in Hong Kong. “For Southeast Asian brands in particular, Hong Kong has a unique advantage for having a long-established Southeast Asian...

13 November 2018

Simon Property invests in Southeast Asia

US-based shopping mall operator Simon Property is planning expansion of the outlet malls format into the Southeast Asian market. The company has run an outlet in Malaysia’s Johor since 2011...

13 November 2018

Foreign retailers eye Vietnam

A report from the General Statistics Office supports strong growth in the Vietnamese retail market, with a value of US$179billion by 2020. American consulting firm A.T. Kearney said that Vietnam...

13 November 2018

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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

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

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

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...

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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...

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