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Sonae Sierra travels from Portugal to Colombia
The Portuguese developer announced the opening, in late February 2019, of its first mall in Colombia. Called Jardín Plaza Cúcuta, it covers 65,000 sq.m GLA spanned across an open-air...
18 March 2019
Outlet. Neinver and Via Outlets compete for Europe’s n°2 ranking
As McArthurGlen remains n°1 of outlet sq.m in Europe, competition for the podium is fierce. The fast-growing Via Outlets (11 centres in 9 countries) posted tenants’ sales of €1.07...
18 March 2019
Home / Deco. The German pure-player Westwings goes global
In late 2018, the Westwings opened 3 pop-ups in Munich, Hamburg and Milan (300 sq.m on Via San Carpoforo). The group is positioned as a ‘shoppable magazine’ for daily inspiration on...
18 March 2019
MCM aims to become an engine of German luxury
The luxury brand MCM (selling leather handbags from € 500, suitcases and fashion) aims to become a global powerhouse of German luxury. The German-Korean retailer targets sales of US$1 billion...
18 March 2019
U.K. subscription firms gain traction
According to Royal Mail’s latest report, the British subscription box sector should reach a total value of €1.15 billion by 2022. Between 2017 and 2022, it should grow by 72% in value...
18 March 2019
Europe’s 3 largest retail developers in 2018
In 2018, the evolution of retail sq.m illustrated the changes for retail sector dynamics. In Klépierre malls, tenants recording the highest sales growth sectors were coffee &...
18 March 2019
DIY / Gardening. Is Mano Mano Europe’s next unicorn?
In 2018, the Mano Mano digital marketplace reached a Gross Merchandise Value (G.M.V.) of €424 million, up by 70% year-on-year. Previous G.M.V. values were only €32 million in 2015...
15 March 2019
Kroger. All ways towards omni-channel
The U.S. grocer Kroger, whose annual revenue reached US$121 billion in 2018, is recording the first results of its strategic plan named “Restock Kroger”. Launched in late 2017, it...
15 March 2019
Jean-André Rougeot, new C.E.O. of Sephora AMERICAS
Jean-André Rougeot is C.E.O. of Sephora Americas from February 4. He succeeds Calvin McDonald, who left in July to take the tiller at Lululemon Athletica. Rougeot was Head of Benefit...
15 February 2019
Farhan Siddiqi, From McDonald’s to Ahold Delhaize
Marks and Spencer (see G.R.N. October 2018) led the way when Jeremy Pee moved from Loblaw to M&S as Chief Digital Officer (C.D.O.). Reflecting similar innovation, Ahold Delhaize has appointed...
15 February 2019
Amazon is the world’s 4th largest retailer by sales
The 22nd edition of the “Global Powers of Retailing” survey from Deloitte showcases how the 250 biggest retailers performed in 2017. If U.S. traditional players remain the...
15 February 2019
DIY. A million Dollar I.P.O. for the “Leroy Merlin” of Malaysia
With more than 700 stores in Southeast Asia in December 2018 (average size of 930 sq.m GLA, sales of US$209 million in the fiscal year 2017, the last one available), the Malaysian home improvement...
15 February 2019
Billionaire James Dyson moves head office to Singapore
As uncertainly and distrust on the future prosperity or otherwise of the post-Brexit continues to cause considerable concern, Sir James Dyson, an active Brexit supporter, broadcast a flagship...
15 February 2019
Chinese giants Tencent and Anta invest in Amer Sports
Ahead of Beijing’s Olympic Games in 2022, China’s biggest sports retailer Anta signed a €4.6 billion deal to buy the Finnish group Amer Sports. The firm specialises in winter...
15 February 2019
China to be the global n°1 retail market
In 2019 China is expected to become the world’s biggest retail market with sales of US$5.6 trillion (+7.5%), outpacing the U.S., at US$5.53 trillion (+3.3%), said eMarketer. E-commerce in...
15 February 2019
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