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A consortium of investors led by the Chinese giant La Chapelle paid €52 million to acquire the Naf-Naf label from Vivarte Group. This is the 1st foreign investment for La Chapelle, a fashion...

25 May 2018

Spain. Cortefiel renames as Tendam

Ahead of its expected Initial Public Offering, Spain’s fashion retailer Cortefiel has changed its name to become Tendam, a contraction of trends and tandem. “Our multibrand portfolio...

25 May 2018

BELGIUM. ALDI rolls out its brand-new concept Aniko

The German retailer Aldi Nord is launching a modernisation of the hard-discount store concept for all 5,000 units in European stores. The retailer is rolling out a brand-new concept called Aniko...

25 May 2018

Belgium. Albert Heijn tests a “compass app” for a store

Since May 7, Albert Heijn has been testing an in-store route application in its Hoofddorp supermarket, Netherlands. It is similar to a GPS service, which guides customers in-store according to

24 May 2018

Italy. Lidl rolls out its urban format

In Milan, the German discount retailer Lidl has opened a store according to its brand new urban format. This concept, specifically designed for urban areas, is larger than typical units with a...

24 May 2018

The British developer Hammerson renounces to Intu

The U.K. property owner Hammerson no longer recommends to shareholders to vote in favour of its proposed acquisition of Intu Properties, because of the current weakness of the British retail...

24 May 2018

Primark continues opening in Continental Europe

Announcing its half-year results in the end of March 2018, the Associated British Foods group reported strong growth in sales (+ 7% to US$ 5 billion) for its Primark subsidiary. The market share of

23 May 2018

Poland. Shopping centres become bigger and bigger

As a sign of the maturity of Poland’s shopping centre sector, a quarter of the country’s 400 malls have already benefited from sq.m extensions. On average, these malls have increased...

23 May 2018

The Chinese version of Apple will enter France

On May 22, 2018, the world’s 4th largest smartphone manufacturer Xiaomi (turnover of US$13 billion) will make inroads in France. The Chinese firm will inaugurate a 1st official online...

23 May 2018

Revenue from “marketplaces” to double in 5 years

According to Juniper Research, the net revenue of global ‘marketplace’ platforms is expected to more than double from US$19 billion in 2017 to US$40 billion in 2022. The expanding...

23 May 2018

Ikea partners with a LVMH Designer

As a rare marriage, the Swedish furniture retailer Ikea announced in May a partnership with the fashion Designer Virgil Abloh (aged 38), the streetwear designer from Chicago. Virgil Abloh was a...

23 May 2018

The Future of Retail by Jerry Storch

Editor Marie Driscoll met the veteran retail executive Jerry Storch. As founder of Storch Advisors his career of over 30 years included prime role such as Vice Chairman of Target hypermarkets...

23 May 2018

Saudi Prince calls for pressure on Iran

Prince Mohammed bin Salman (aged 32), called for the international community to exert economic and political pressure on Iran to avoid military confrontation in the region. Saudi Arabia has been a...

16 April 2018

Carlos Crespo, now Inditex’s n°2

Carlos Crespo has been promoted from Director of the internal audit department of Inditex Group to Chief Operating Officer, reporting directly to founder Pablo Isla. He will coordinate IT...

16 April 2018

Whole Foods loses executives

Senior staff departures are common after mergers and the Amazon-Whole Foods deal is no exception. Following the takeover by Amazon of the pioneer of natural grocers for US$13.5 billion, reducing...

16 April 2018

Tokyo’s Nihonbashi Takashimaya opens a Pokemon Center

On March 15th, the Nihonbashi Takashimaya department store became the 3rd unit (and the largest) for the Japanese franchise’s Pokemon Center, covering 1,300 sq.m. Here fans can buy soft toys...

16 April 2018

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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...

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Danone turns to AI to personalise marketing campaigns and test advertising in ChatGPT

AI is being rolled out across some marketing activities, while others remain in a testing phase. If campaign automation and personalisation are among the most advanced applications, visibility in...

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