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“Amazon, Apple, Facebook and Google employ only 418,000 people. This is similar to the population of a medium-sized city of the United States like Minneapolis, but their stock market...

18 January 2018

How to manage like an Amazon ?

According to Jeff Wilke, C.E.O. Worldwide Consumer at Amazon based in the U.S., customer obsession is mandatory at the firm, which grabbed almost 45% of all U.S. e-commerce sales and 4% of retail...

18 January 2018

D.I.Y. ‘‘At Mano Mano, we have a wide-open opportunity ahead of us”

Becoming Europe’s biggest online retailer of D.I.Y. and gardening products is the grand ambition of Mano Mano, a specialised and fast-growing marketplace, which fills a gap unexploited by the...

18 January 2018

Market place. My best ennemy ?

For some retailers, large market places such as Amazon and Tmall can help generating additional revenue or quickly evaluate a new territory. For others, trading with them means joining forces with...

18 January 2018

Steinhoff without C.E.O.

Hit by an unprecedented accounting and legal scandal, the Managing Director of Steinhoff International Holdings Markus Jooste resigned in December after 17 years. Christo Wiese, current Chairman...

20 December 2017

Aldi Süd doubles Board members

German discounter Aldi Süd has announced plans to double the number of Board Directors to 6 from January 1, 2018. Current Board Members Peter Ernst, Max Hofmarksrichter and Jens Ritschel will...

20 December 2017

Nicolas Houzé takes charge at I.A.D.S

Nicolas Houzé (aged 42) is the new President of the International Association of Department Stores in Paris. He is serving for an initial 12 months, and may extend for a further year. The...

20 December 2017

“Growth of online retail reinforces the importance of flagship stores”

The 29th edition of Cushman & Wakefield’s report ranks the most expensive streets in each country by prime rental value, giving an analysis of trends for property values. .

20 December 2017

V.A.T. hits the Gulf retail market

From January 1, 2018, the Gulf Cooperation Countries will see launch of a 5% V.A.T. in the retail sector, adding to the cost of staples, fashion, home electrical products and jewellery. Tourist...

20 December 2017

Morocco strengthens its textile industry

In 2017, Morocco’s textile and clothing sector should generate exports revenue of €3.3 billion (+6%) via 1.1 billion pieces manufactured. This sector benefits from the strategic plan of...

20 December 2017

Spinneys attracts interest from Majid Al Futtaim and Sonae

Majid Al Futtaim, the operator of Carrefour’s franchise in the Gulf region, is said to be in negotiations regarding Spinneys’ supermarkets in Lebanon. The Portuguese retailer Sonae...

20 December 2017

Carrefour and Shoprite place their pawns in Kenya

Amid Kenya’s deep political crisis, the country’s biggest food retailer Nakumatt Holdings is struggling. The Nairobi-based family group, which owes suppliers and creditors US$490...

20 December 2017

Decathlon expands in North Africa

In early November, the sporting goods retailer Decathlon (sales of €10 billion in 2016) opened its first Tunisian unit in the capital city of Tunis. Covering a sales area of 1,500 sq.m, it is...

20 December 2017

“In China, Origins’ sales double every two years”

Sophie Baqué met Jean-Alexandre Havard, International Director of the Origins natural cosmetics brand (owned by Estée Lauder, with 105 stores worldwide including 65 in the U.S.A.).

20 December 2017

De Beers targets Millennials from Asia… and beyond

“The number of Millennials is growing at a global scale and particularly in the Far East”, said Nimesh Patel, Chief Financial Officer of De Beers (29 stores worldwide) to the Wall...

20 December 2017

LVMH expands Berluti Paris across India

The luxury footwear and menswear retailer Berluti (owned by LVMH) will open its 3rd Indian unit by the end of 2017 in the Emporio mall in New Delhi. It already has 2 stores in Macau (in Galaxy and...

20 December 2017

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