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Maisons du Monde makes inroads in the U.S
The French furniture retailer Maisons du Monde (with 38% of sales from outside France and 21% online) confirmed buying 70% of the U.S. retailer Modani. Modani is a small but profitable retailer...
28 May 2018
Wal-Mart to sell 80% of its Brazilian business ?
According to Valor International, Wal-Mart said it was considering options for its Brazilian retail business. It could sell an 80%-stake to the private equity firm Advent International for a value...
28 May 2018
Brazil. Natura pursues a digital makeover
With sales of US$3.1 billion in 2017, Natura is updating the sales value proposition for its 1.7 million sales reps (including 1.2 million in Brazil and 500,000 in Argentina, Mexico, Chile, Peru...
28 May 2018
Kohl’s / Amazon. A working partnershiP
In late 2017, Kohl’s signed a partnership with Amazon for the firm to operate Amazon sales and return services within the Chicago and L.A. department stores. According to a study from Gordon...
28 May 2018
India. Uniqlo picks up Delhi for its first store
The Japanese fashion retailer Uniqlo (Fast Retailing) is recruiting for the launch of a 1st store in New Delhi for autumn 2019, making India its 22nd market worldwide. In early May, it registered...
25 May 2018
Bio c’Bon pursues a Japan push
The France-based organic retailer Bio c’ Bon has opened a 2nd store in Tokyo in partnership with Aeon, via a joint-venture agreement. The organic store will be located in aka Meguro. A 1st...
25 May 2018
Ikea’s first Indian store will debut in July
Six years after having received the permission to open fully-owned stores in India, Ikea will open its first local store In Hyderabad in July 2018, covering 37,000 sq.m GLA in the Hi-tech City...
25 May 2018
Malongo makes inroads in the Philippines
The coffee retailer Malongo signed a franchise agreement with Noble House to roll out its coffee shops in the Philippines. The first unit will open in August 2018 in Manila, covering
25 May 2018
A spinoff for China’s n°1 footwear retailer
In China, Belle International, the country’s largest women’s footwear retailer with about 20,000 stores in China, is to spin off its sportswear retail business division. Hillhouse...
25 May 2018
India : Wal-Mart invests US$ 16 billion in the e-retailer Flipkart
As Walmart scales back in Brazil and in the U.K. the world’ largest retailer by sales has just signed a US$16 billion deal for 77% of Flipkart, India’s fast-growing e-merchant. The...
25 May 2018
A first luxury outlet mall expected in Thailand
The shopping mall developer Central Pattana (CPN) will invest US$158 million to build Thailand’s 1st luxury outlet shopping centre. Called Central Village, it will be located near...
25 May 2018
Sales record for Yves Saint Laurent Beauté on Tmall
YSL Beauté (owned by L’Oréal, as is Lancome and Kiehl) registered a record for the most sales by a cosmetics brand during its first day on Tmall. Over 24 hours, sales reached...
25 May 2018
Costco to make inroads into China
The wholesale retailer Costco will open its first membership retail store in 2019. This will be in Shanghai’s Minhang district in partnership with the property company Galaxy Holding based...
25 May 2018
Eataly moves ahead in China
The Italian high-end food retailer Eataly (turnover of €465 million in 2017 up by 20% year-on-year) is considering creating a possible joint-venture in China with a local partner. According...
25 May 2018
Too many entertainment services in Dubai ?
As entertainment theme parks have mushroomed in Dubai (7 in total), the Al Ahli group has suspended a project for another in Dubai. This is in partnership with the 20th Century Fox and due to open...
25 May 2018
V.A.T. slows “retail” consumption in Abu Dhabi
According to C.B.R.E., Emirati consumers are more cautious in their retail spending due to higher costs of living and the impact of the
25 May 2018
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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...