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India’s main cities sees strong retail demand
According to JLL, retailers’ demand for locations within Indian malls should increase by 81% in 2018, driven by strong economic fundamentals and the higher purchasing power of young people...
20 March 2018
Asia drives Hermès global sales
According to preliminary results, the luxury retailer Hermès posted revenue of €5.5 billion in 2017 (+9%) at constant exchange rates, pushed by a strong business boost from Asia. Asia...
20 March 2018
Asian giants will not purchase the British Arcadia Group
This was a formal denial prompted by an article published in the Sunday Times. In February 2018, the Chinese fashion conglomerate Shandong Ruyi (owner of high-end fashion brands such as Bally...
20 March 2018
Vincent Rey, Madura : “Our next showroom will have a zero inventory policy”
A discussion with Vincent Rey, C.E.O. of Madura’s home decoration retailer.
20 March 2018
Iron hand at Nordstrom
The Board of Nordstrom department stores rejected the US$8 billion buyout offer from the founding family partnered with Leonard Green & Partners. The takeover offer was estimated as too low...
20 March 2018
From Birchbox to Mac
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
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