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Singapore. Revenue record for The Shoppes at Marina Bay Sands
In 2018, the mall posted sales of US$179 million, up by 7% via a 95.4% rate of occupancy. Despite a relatively flat retail market in the city state, tenants’ sales jumped by 19% to US$20,422...
18 March 2019
Records! A brand posted sales of €1.5 million in one day on Tmall
This is the Embryolisse dermo-cosmetics brand during the 11/11 event on the Tmall digital marketplace. “It recorded sales of €1.5 million with just one product”, said an expert of...
18 March 2019
Decathlon overdue in China
The world’s largest sporting goods retailer Decathlon reduced Chinese expansion by 50% in 2018. Sales volumes fell amidst an otherwise very dynamic Chinese sporting goods market. The Group...
18 March 2019
Lego aims to open 80 stores in China
A few days before the opening of the third Lego flagship in Beijing (in March 2019), the Danish toy maker plans to more than double its physical store basis in China, from 60 to 140 units by...
18 March 2019
Navigating into China’s children’s clothing market
According to Arnaud Fallevoz, APAC Managing Director for ID Kids (sales of €905 million in 2018 via Jacadi, Okaidi, and Obaibi stores), “The Chinese children wear market is colossal...
18 March 2019
In Asia-Pacific, L’Oreal’s business overtakes North America
In 2018, the sales of the L’Oreal Group jumped by 24% like-for-like in the Asia-Pacific region. Sales exceeded €7 billion, overtaking the North American business. Globally...
18 March 2019
SSG Food Market Seoul, The Concept of the month
“Food, done well, connects people to people”. This is the mantra of the SouthKorean retailer E-Mart Inc., which recently opened a premium food hall concept and fusion supermarket in...
18 March 2019
7-Eleven travels from Japan to India
The Japanese convenient store operator 7-Eleven (a subsidiary of Seven & I Holdings, active in 19 countries) is in advanced talks with the Indian giant Future Group, which could run stores in...
18 March 2019
Emaar Malls aims to build the regional Asos
In a US$130-million deal, the Dubai developer Emaar Malls took full control of the online Namshi fashion retailer, which reported sales of €202 million in 2018, an increase of 16%. The firm...
18 March 2019
Wal-Mart purchases an Israeli start-up
Involved in a successful omnichanel shift, Wal-Mart took over Aspectiva, a Tel-Aviv-based start-up specialising in product promotions. No details were released. Based on A.I. (artificial...
18 March 2019
“A 1st edition in half hue”
This is the feedback of the first Retail Summit edition held in February in Dubai, which hosted 500 delegates. “The networking side was truly powerful, but many participants complained about...
18 March 2019
Galeries Lafayette rises Middle East ambitions
Eager to expand in Saudi Arabia and other Gulf countries, the Galeries Lafayette Group (G.L.) is in preliminary talks with potential partners. Several names have been mentioned including Alshaya...
18 March 2019
Carrefour to launch “cash & carry” online
The Dubai-based conglomerate Majid Al Futtaim, which operates the Carrefour franchise in the Middle East and Eastern Africa, will launch a new wholesale grocery branch called “Carrefour...
18 March 2019
Rebag, the Concept of the Month
Rebag, which sells used luxury designer handbags online and via 4 U.S. stores, is doing very well. Revenue has tripled in 24 months. The private company secured US$25 million in funding, so the...
18 March 2019
Canadian retail locations attract luxury brands
After having operated in downtown Edmonton for years, the high-end luxury brand Louis Vuitton is launching a large stand-alone store this summer in the Canadian West Edmonton Mall (developer...
18 March 2019
U.S. retail sales. The largest fall since 2009?
A new report from the U.S. Commerce Department (released on February 14th 2019) paints a picture of a struggling industry. However, the credibility of the report is under question. It states that...
18 March 2019
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Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
What readers clicked on the most last month.
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Profound raises US$96 million in Series C funding, becoming a first GEO unicorn
Founded in 2024 in New York by James Cadwallader, GEO startup Profound raised US$96 million on February 24, 2026, in a Series C round led by Lightspeed Venture Partners, including Sequoia Capital...
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Klépierre, URW, Carmila: in 2025, retail media and services accounted for nearly 10% of net rental income
Published on February 12 and 19, annual financial results of the three major European property companies show that Klépierre, Unibail-Rodamco-Westfield, and Carmila are no longer singing from the...
24 February 2026
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Romain Mombert, Eurazeo: “Tomorrow, retailers and brands will no longer acquire customers, but AI agents”
In a proliferation of AI start-ups, how can investors distinguish those that bring true innovation and in which they should invest? For what valuation metrics? In retail and payment, what types of...
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The SaaS licence model falters in the face of AI automation
With the launch of Claude Cowork, the software sector, prized by investors for predictable and recurring revenue, is slowing down. According to Bain, stock market indices for SaaS tech editors...
19 March 2026