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Luxembourg: The Golden Bell will open in Spring 2019
Luxembourg should see the opening of the biggest shopping centre of the country, operated by Ceetrus (Auchan group) and called “Cloche d’Or”, in Spring 2019. Located 30 minutes...
12 November 2018
Chinese group eyes Turkey
Chinese companies are looking at opportunities in Turkey. The Turkish lira plunged by 40% since the beginning of 2018, making local assets cheaper. In addition to Alibaba, which earlier this year...
12 November 2018
Bogart Group acquires Planet Parfum and Di banners in Benelux
The Bogart Group, a manufacturer and distributor of luxury cosmetics, has signed an agreement to acquire 100% of Distriplus, the second largest perfume and cosmetics retailer in Belgium...
12 November 2018
Hotel Chocolat seeks to become a global brand
Already successful in the U.K., the British luxury confectionery retailer Hotel Chocolat revealed double digit growth in both sales and profits, expecting further international growth. The firm...
12 November 2018
Amazon is top of Interbrand’s Best Global Brands in Retail
Apple, Google, and Amazon are the most valuable brands, according to the 2018 Interbrand Best Global Brands report(1), with luxury and retail as the dominant growing sectors. It is not surprising...
12 November 2018
“Travel Retail is the most interesting segment of retail today with e-commerce”
Airport retailing is booming as the number of travelers and low-cost airlines explode. The travel retail market has tripled in size since 2002. However, shifting demographics (like Millenials)...
12 November 2018
Jinqing Cai, C.E.O. of Kering China
The firm states that her mission will be to strengthen the visibility of the luxury group in the region and strengthen links with local partners. Former C.E.O. of Christie’s China, Jinqing...
9 October 2018
A digital expert for Marks & Spencer
For C.E.O. Steve Rowe, the British company has to become “digital first”, following the creation of a new role of Chief Digital and Data Officer. Jeremy Pee, who was leading digital...
9 October 2018
Christian Mazauric new French C.E.O. of Castorama
British group Kingfisher is in the third year of a five-year plan to boost annual profit, called ‘One Kingfisher’. However, poor results from the French subsidiary which owns Castorama...
9 October 2018
Urban stores and e-commerce, sources of growth for DiY chains
According to the annual report of Dähne Verlag, 3 topics dominated the European DIY market in 2017: the emergence of compact concepts for city centers, e-commerce at an early stage, and the...
9 October 2018
Circle K will expand its network across the U.A.E
Circle K is planning to bring the U.A.E. network up to 100 stores in the next 5 years, according to new C.E.O. Laurent Guitart. Founded in 1951 in Texas, U.S.A., Circle K is one of the largest...
9 October 2018
Obi opens its first store in Kazakhstan
The German company opened its first store in the city of Almaty over a retail space of 10 500 sq.m., stocking over 45,000 items alongside a garden centre. The site is operated by Asadel Retail and...
9 October 2018
M.E.A region diversifies in digital economy
As the Middle East and Africa (M.E.A.) region reduces dependence on oil and diversifies revenue streams, investment in the digital economy is paving the way for a future of connectivity...
9 October 2018
Amazon launched its Global Store in Saudi Arabia with Souq.com
In 2017, Amazon completed a purchase of Middle Eastern online retailer, Souq.com, for a reported US$580m. With operations in U.A.E., Saudi Arabia, Kuwait, and Egypt, the online player had over 45m
9 October 2018
Israel-based supermarket Shufersal is investing in technology
The israel’s leading retail group, Shufersal is investing in technology, in partnership with Knapp, to develop its online store “Shufersal Direct”. Founded in 1958, Shufersal...
9 October 2018
South-African fashion retailer, TFG eyes Australian market
South African clothing and homeware retailer The Foschini Group (TFG) is launching one of its African retail brands in Australia. TFG plans to open 6 stores in Australia, the first 5 stores before...
9 October 2018
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