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In Canada, the department store retailer La Maison Simons (15 department stores, sales of US$385.6 million in 2017) completed the largest investment in 178 years of trading. A US$166 million...

2 July 2018

Department stores. “Enhancing fulfilment capacity is a priority”

In Canada, the department store retailer La Maison Simons (15 department stores, sales of US$385.6 million in 2017) completed the largest investment in 178 years of trading. A US$166 million...

2 July 2018

H&M repairs clothes in Paris

Eager to pull shoppers away from e-commerce and return to buying in stores, Hennes & Mauritz installed sewing machines at the heart of its newly revamped Paris flagship in Rue Lafayette...

1 July 2018

Retail Property. From the Expert

According to Patrick Brenninkmeijer, Portfolio Director for Redevco Switzerland and Central Europe, secondary cities offer bright spots for retailers. He explains why Geneva is one of these.

10 June 2018

Howard Schultz. From Starbucks to politics ?

In June, Howard Schultz, (aged 64) resigned as Chairman of Starbucks. After almost 30 years working for the coffee behemoth (which runs more than 28,000 stores in 77 countries), he is succeeded by...

10 June 2018

From X5 to Magnit

Continually strengthening management, Russia’s 2nd largest grocer Magnit (sales of €16.5 billion in 2017, a rise of 6% via 16,530 stores) poached Mrs. Olga Naumova as Executive...

10 June 2018

Our tribute to Kate Spade

In June 2018, the designer and creative entrepreneur Kate Spade (aged 55) died in New York in a sadly familiar case of depression illness. Born in Kansas City in 1962, Spade started working in New...

10 June 2018

Dubai Tourism will offer flights and attractions on virtual mall service Fliggy

To encourage more Chinese tourists to the Emirate, Dubai’s tourism authority has signed with Fliggy, the online travel service platform owned by Alibaba Group. As a ‘virtual’...

10 June 2018

70 firms will cease using South African mohair

South Africa produces 50% of the world’s mohair and exports to China, Italy, the U.K. and Taiwan. However, following the release in May 2018 of animal cruelty video footage from Angora goat...

10 June 2018

UK-based chef, Jamie Oliver, opens 1st pizzeria in the Middle East

With 3 pizzeria in India and 2 in the Netherlands (with home delivery), a new Jamie’s Pizzeria will open in Jumeirah Lake Towers, Dubai, in partnership with Apparel Group, one

10 June 2018

Bertrand Group expands into Saudi Arabia

In April 2018, the Angelina tea room and restaurant operator (28 sites in late 2017) opened a large unit covering 1,200-sq.m on the sea side of Djeddah (Saudi Arabia). Facilities include a...

10 June 2018

L’Occitane slows in Japan

In the year to March 2018, L’Occitane International posted net sales of €1.3 billion (including 14% of online sales), whilst profit dropped by 27% to €96.5 million due to a lower...

10 June 2018

India. Ikea to open its 1st store in one month

The Swedish retailer is due to open its first store in Hi Tec City, Hyderabad (Telangana state) on July 10, 2018. The investment for this 37,175-sq.m GLA store exceeded €100 million...

10 June 2018

In 2018, India’s G.D.P. will grow faster than China

For Goldman Sachs, India will lead the global growth in 2018 with a G.D.P. increasing by 8%, whereas China’s G.D.P. is expected to grow by 6.5%. As a comparison, the U.S.A., Germany and...

10 June 2018

The LVMH equity fund re-invests in Indian fashion

L-Catterton Asia, the fund backed by LVMH, will take a 10% stake in Future Lifestyle Fashions, India’s largest integrated branded fashion firm which represents 31 brands via 400 stores...

10 June 2018

Takashimaya from Japan is looking for an Asian balance

If the Takashimaya department store in Singapore (Orchard Road) is reportedly earning more than US$27 million per year, the Shanghai unit should report a loss for a 7th consecutive fiscal year to...

10 June 2018

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How Maison A.Constant built a unified customer database with n8n

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Advantail signs with Formality to streamline commercial lease management

Amid an ownership shake-up following its acquisition by Evoriel, shopping centre operator Advantail has signed with Formality to digitise the management of commercial leases and contracts across...

23 October 2026