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In July 2018, the seasoned beauty executive Philippe Pinatel will be appointed Global General Manager of the Mac cosmetics retailer (3,400 freestanding units in 106 countries, part of Estée...

20 March 2018

Gap is leaderless again

In February 2018, the fashion retailer Gap Inc. announced that veteran President Jeff Kirwin has resigned after three years as brand President. Joining Gap Inc. in 2004 from the U.S. grocer...

20 March 2018

Mc.Kinsey. Navigating into fashion’s new centre of gravity

For the 2nd year in a row, McKinsey unveiled an annual report called “The State of Fashion”. This study tracks sales, operating and economic profit of fashion retailers. Personalisation, speed to...

20 March 2018

After Sandro and Bally, Lanvin moves under the Chinese flag

In late February 2018, Fosun International acquired a majority stake in French fashion brand Lanvin, which faces a liquidity crisis. Lanvin’s current shareholders, the media magnate...

20 March 2018

Home improvement. The race is on for South East Asia

Ikea is very active in Asia, operating 33 stores in Thailand, Malaysia, Hong Kong, Singapore, South Korea and China. In the fiscal year to August 2017, China became Ikea’s 5th biggest market...

20 March 2018

Alibaba accelerates investment in furniture retail

Involved in a complex strategy to win revenue from both online and physical retail, Alibaba announced in February 2018 an ambitious investment of US$867 million in the furniture sector, taking 15%...

20 March 2018

7-Fresh, The Concept of The Month

In Northern Beijing, China’s e-commerce giant JD.com (owned by Wal-Mart and Tencent) opened in March 2018 a 2nd 7-Fresh supermarket at the China Resources Dreamport mall. The first unit of...

20 March 2018

Carrefour announces 100 openings in Egypt

Majid Al Futtaim, Carrefour’s exclusive franchisor in the Middle East region, has just signed a major deal with the Egyptian government for one billion Euros. MAF will almost triple its...

20 March 2018

Chinese smartphones gain ground in Algeria

In Algeria, the smartphone retailer Moon Mobile operated a store network of 13 units in 2017 (including 5 stores in Algiers) exclusively selling the Huawei smartphones from China. These...

20 March 2018

Rent the Runway aims to go global

The fast-growing U.S. fashion retailer Rent The Runway (RTR), founded in 2009 by Jennifer Hyman and Jennifer Fleiss, is revolutionising retail by giving clients a smarter closet full of endless...

20 March 2018

Home electrical. The British Dyson fuels growth from Asia

In 2017, sales of the British home electrical retailer Dyson jumped by 40% to €3.9 billion. Between 2014 and 2017, total revenue almost tripled. According to C.E.O. James Dyson, the...

20 March 2018

China and India now into Decathlon’s Top 5

In 2017, the Decathlon Group crossed the threshold of €11 billion in sales (excluding V.A.T.) via 1,352 operating stores but excluding franchises. The group’s sales growth decelerated...

19 March 2018

Automated fashion manufacturing threats emerging countries

In Bangladesh, an independent country since 1971 with 165 million people, more than 300,000 jobs were created per year between 2003 and 2010 in the garment and textile sector. However, this fell...

19 March 2018

Tesco opts for Zero Based Budgeting

The wheel turns full circle. A decades-old financial strategy once well-established among consumer goods manufacturers is now expanding within retailers. With a company-wide commitment to cost...

19 March 2018

Argos moves from “old school” to sophisticated omnichannel retailer

In the United Kingdom, the general merchandise retailer Argos has developed one of the fastest delivery systems in the world. This high-street retailer sells an array of electronics, houseware and...

19 March 2018

Are showrooms the future of retail ?

For some retailers, inventory should be invisible in stores transformed into showrooms. For others, “warehouse stores” with staff preparing online orders in the back-office are a smarter...

19 March 2018

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