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Calzedonia opens a flagship store in Manhattan
Having made inroads in the U.S. U.S. East Coast since early 2017 with 10 stores, the Italian fashion retailer Calzedonia opened a first U.S. flagship at 601, 5th Avenue, New York. With a sales...
20 December 2017
Choose – selling products on Amazon and / or on Tmall?
“This question is on the list of all the Comex members I’ve recently met,” said Dimitri Dewavrin, C.E.O. of The Agent. Whereas two or three years ago, retailers were reluctant...
20 December 2017
Purchasing power back to growth in Europe
According to the GFK institute, European purchasing power (revenue available for spending and savings) will climb by 1.9% in 2017 after a 0.3% increase last year. It calculates as an average of...
20 December 2017
Primark rolls out across Europe
In the fiscal year to mid-September 2017, the low-cost fashion retailer Primark (a subsidiary of Associated British Foods) reported sales of €8 billion, an increase of 12% at constant...
20 December 2017
In the U.K, 60% of BHS locations are still vacant
One year after the department store chain sank into liquidation, 95 former BHS locations (out of 160 in total) were still vacant in September 2017, said Local Data Company. As demand for large...
20 December 2017
Rains travels from Denmark to the U.S.A
The fast-growing fashion retailer Rains (selling raincoats and waterproof backpacks) opened a first U.S. store on Lafayette Street in Soho, New York. Rains also runs standalone stores in
20 December 2017
Will Eataly list in 2018 ?
In 2017, Eataly’s sales will reach €470 million via 39 stores worldwide (and 5,000 employees) compared to €400 million in 2014. According to its Operational President Andrea...
20 December 2017
Sport 2000 makes inroads in Hungary
The German sporting goods retailer Sport 2000 signed a licensing agreement with the Hungarian firm Smart 73. This wholesale company operates 7 standalone stores and supplies 300 multi-brand...
20 December 2017
LVMH tests a food retail concept
The French department store Le Bon Marché (owned by LVMH) has transformed its food department into a standalone format. In November 2017, a
20 December 2017
Unibail becomes the world’s n°2 mall owner
Ten years after the purchase of Dutch operator Rodamco, Unibail Rodamco completed an historic takeover deal of rival Westfield Corp for US$15.7 billion. This December deal, whilst subject to legal...
20 December 2017
De Facto fashion retailer adds to Turkish I.P.O. revival
The Turkish fashion retailer De Facto (439 stores in 19 countries including 109 international units in 2016) has appointed Citigroup and HSBC to prepare an Initial Public Offering (I.P.O) for...
19 December 2017
Luxury retail. Fewer openings but larger stores in 2017
According to Bain Capital, the number of new luxury stores will decrease from 470 stores in 2016 to 350 in 2017 (-26%). In 2012, luxury retailers opened 1,000 stores worldwide! After a year of...
19 December 2017
F.M.C.G. drives e-commerce
Chinese food retailers have combined “online” and “offline” for several years, with the first Hema Fresh opening in January 2016. If China has continued to lead the race in...
19 December 2017
GARDEN CITY LIFESTYLE, THE MALL OF THE MONTH
If Algeria’s retail real estate sector is less mature than neighbours in Morocco, Tunisia and Egypt, several domestic property developments are raising the profile. In Western Algiers, in...
19 December 2017
FROM THE EXPERT
19 December 2017
What is the potential for retail growth in Algeria ?
Despite economic uncertainty since 2014 and fear of further political instability, Algeria’s retail sector remains resilient. Sophie Baqué met Mr. Fodil Korichi, Founder of Algeria’s biggest...
19 December 2017
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