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900 days to transform
Eager to enhance its omnichannel business and encourage all 13,000 staff to adapt to changes, the Chalhoub group has set up a transition programme from January 1st 2018. This will spread over
16 April 2018
Lego to open a new office in Dubai
In 2018, the Danish toy retailer will open in Dubai to expand operations in the Middle East and Africa. In 2017, Lego operated 6 stores in Dubai, 1 in Abu Dhabi’s Yas Mall and others in...
16 April 2018
Dubai’s retail rents to fall in 2018
According to Patrick Chalhoub, C.E.O. of the high-end retailer Chalhoub Group, retail rents are about to face a downward trend in the United Arab Emirates. “You cannot have a situation where...
16 April 2018
Lifestyle retailers gain ground in the Middle East
Often called the Japanese “dollar store” with all its range costing 100 yens (the equivalent of US$1), the discount lifestyle retailer Daiso has gained traction in the Middle East. In...
16 April 2018
Diving into Crate & Barrel’s omnichannel push
For the home furnishing Crate & Barrel retailer, which had little social-media presence three years ago, the digital revolution is underway. In 2017, online sales accounted for 47% of the...
16 April 2018
In the U.S., investors bet on plus-size fashion
With an additional US$8 million in fresh capital, the “11 Honoré” is the latest firm demonstrating rising interest for the fast-growing plus-size market. In the last three...
16 April 2018
FROM THE EXPERT   
For Andrew Foulds, Portfolio Director of Redevco U.K., retailers should have a city view rather than a country view for their European expansion.
16 April 2018
Monoprix-Amazon
The French retailer Monoprix signed a deal with Amazon to sell up to 10,000 grocery products (private labels and national brands) via the Amazon Prime website.
16 April 2018
Fast-growing Migros Ticaret builds a Turkish footprint
In March 2018, the Turkish grocer acquired 73 stores from Makro Market for €22 million. This adds 53 Uyum Market stores in Istanbul, 3 in Tekirdag and 17 Makro Market units in Antalya. The...
16 April 2018
Inditex finally unveils its online sales
For the 1st time ever, Inditex reported online revenue in the year to January 2018: online sales grew by
16 April 2018
Kidswear. Smallable travels from France to Tokyo
A decade ago, Smallable started online selling a high-end selection of 35,000 items targeting children from 0 to 16 years old (fashion, decoration and toys). After a 1st store in Paris from 2015...
16 April 2018
Whips sales increase at Decathlon
The Decathlon sporting goods retailer posted an unusual increase in whip sales in February 2018. After analysis, the group found that this peak corresponded to the release of the “50 Shades...
16 April 2018
Westfield London becomes Europe’s biggest shopping mall
Following the 69,000 sq.m GLA expansion, whose 1st phase was released for operations in March 2018, Westfield London (26 million visitors in 2017) is the largest shopping centre in Europe. It...
16 April 2018
New Look reduces its British footprint
The fashion retailer New Look, owned by the South African investing company Brait since 2015, has commenced a cost-reduction restructuring. This aims to cut 10% of the store network, i.e. 60 out...
13 April 2018
Romania’s only outlet mall soars
In 2017, the Fashion House outlet centre in Bucharest posted sales up by 10% year-on-year, growth of more than three times that of 2016. Conversion rate, i.e. visitors who spent money in the mall...
13 April 2018
Sales of Made.com up by 40% in 2017
Following a 50% growth in 2016, Made posted sales of US$178 million in 2017. It has been profitable in the U.K., France, the Netherlands and Belgium/Luxembourg, but not in Germany, causing an...
13 April 2018
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What readers clicked on the most last month.
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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...
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AI search engines: how advertising is entering the conversation
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[mind Exclusive] After signing Fusalp and Ysé, Webyn relies on Gemini to boost the performance of e-commerce A/B testing
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Verizon, Starbucks, DoorDash and Grubhub impacted by AWS outage
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6
France and Italy urge Shein to reassess a business model
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