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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

China and India now into Decathlon’s Top 5

In 2017, the Decathlon Group crossed the threshold of €11 billion in sales (excluding V.A.T.) via 1,352 operating stores but excluding franchises. The group’s sales growth decelerated...

19 March 2018

Automated fashion manufacturing threats emerging countries

In Bangladesh, an independent country since 1971 with 165 million people, more than 300,000 jobs were created per year between 2003 and 2010 in the garment and textile sector. However, this fell...

19 March 2018

Tesco opts for Zero Based Budgeting

The wheel turns full circle. A decades-old financial strategy once well-established among consumer goods manufacturers is now expanding within retailers. With a company-wide commitment to cost...

19 March 2018

Argos moves from “old school” to sophisticated omnichannel retailer

In the United Kingdom, the general merchandise retailer Argos has developed one of the fastest delivery systems in the world. This high-street retailer sells an array of electronics, houseware and...

19 March 2018

Are showrooms the future of retail ?

For some retailers, inventory should be invisible in stores transformed into showrooms. For others, “warehouse stores” with staff preparing online orders in the back-office are a smarter...

19 March 2018

A first “Fashion Week” in Saudi Arabia

From March 26 to March 31, the first “Arabian Fashion Week” in Saudi Arabia will take place in Riyadh, with catwalks from Roberto Cavalli, Jean-Paul Gaultier and Harvey Nichols...

19 March 2018

Jumia e-commerce website still unprofitable in Morocco

In 2017, the “African Amazon” named Jumia as exceeded 100 million visitors and registered 800,000 orders in Morocco, an increase of 115%. “Our turnover doubled in Morocco last...

19 March 2018

Wal-Mart expands into Africa

During the trading year to late December 2017, the African subsidiary of Wal-Mart named “Massmart” posted total sales up by 1% to US$8 billion via 423 stores located in 13 sub-Saharan...

19 March 2018

Inflation to increase in the U.A.E. this year

In 2018, inflation is expected to rise to 3.3% in the United Arab Emirates as a result of the 5% V.A.T. introduced in January 2018, plus higher oil prices that will increase transportation costs

19 March 2018

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