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Galeries Lafayette shuffles Directors
Eager to fuel global growth, France’s largest department store chain Galeries Lafayette (GL) promoted Philippe Pedone from C.F.O. (since 2012) to the head of the International Development. A...
18 January 2018
In China, the Hema Fresh supermarkets owned by Alibaba (22 stores in 2017) remain the most advanced omnichannel grocery retailer worldwide. Depending on stores, between 50% and 70% of turnover is...
18 January 2018
M&A. Bally soon to fly a Chinese flag ?
In China, the textile manufacturer Shandong Ruyi Group continues an acquisition spree of high-end Western fashion retailers. Talks are advanced with the Swiss footwear retailer Bally International...
18 January 2018
China’s G.D.P. to grow by 7% in 2017
According to the October’s key Communist Party congress, China’s economy is expected to grow by near to 7% in 2017. Beijing expects to target growth at around 6.5% in 2018. However...
18 January 2018
H&M will launch on Tmall China
In Spring 2018, H&M will sell its fashion and home products on Tmall, the Alibaba’s platform. The Monki fashion brand, also owned by H&M, is already sold on Tmall. The Swedish...
18 January 2018
Chinese don’t put water into their wine
In 2016, China became the world’s 5th largest wine market with 17.3 million hectolitres drunk, after the U.S. (31.8 million), France (27), Italy (22.5) and Germany (20.2). In China, the...
18 January 2018
Aigle lands in the Philippines
The outdoor retailer Aigle made inroads in Southeast Asia with a flagship store in Uptown Mall, Taguig City in Manila via a franchising agreement ran by the local firm Noble House Distribution...
18 January 2018
India wants to attract foreign investment into retail
Eager to attract further foreign capital, the Indian government will reduce levels of local sourcing requirements that restrict the supply chain of international retailers. This should trigger...
18 January 2018
Sales density for Chinese retailers
According to Guillaume Portier, Marketing Head of SES-Imagotag, the Hema Fresh hypermarket in Beijing (Shilipu unit, owned by Alibaba) posts sales of US$3,850/ sq.m GLA. Looking at...
18 January 2018
Hamley’s largest toy store in the world opens in Beijing
In December, Hamley’s opened its largest toy store in the world next to Tiananmen Square, with a sales area of 10,700 sq.m and five storeys. This 3rd Chinese unit, after those of 7.000 sq.m...
18 January 2018
Hong Kong retail rents will increase in 2018
According to Savills, Hong Kong’s prime rental values will grow by up to 3% in 2018 after a 2% drop in 2017. According to Cushman & Wakefield, retail rents along Hong Kong’s...
18 January 2018
Which Asian retailers have sales averaging US$15,000/ sq.m ?
Euromonitor and Retail Asia reported that Japanese convenience stores record the highest sales density within all Asian retail sectors. As an example, Yamazaki Baking’s (with 4,891...
18 January 2018
In Japan, Burger King changes hands
The Hong-Kong based private equity firm Affinity Equity Partners has bought Burger King’s Japanese business of 100 fast-food stores from the struggling Lotte Group for an undisclosed amount...
18 January 2018
Marks & Spencer takes a step back in Hong Kong
As announced in August 2017, Marks & Spencer completed the sale of all 27 stores in Hong Kong and Macau, retaining the last international fully-owned stores in Ireland (19 units) and in the...
18 January 2018
Bata continues an Asian advance
The footwear retailer Bata is pursuing new customers across India. 2017 ended with more than 1,300 Indian stores in malls and high streets, including 100 fully-owned units opened in the last 12...
18 January 2018
International retailers bet on Algeria
Targeting a population of 42 million, and according to a confidential source, several global retailers have signed distribution deals in Algeria with the
18 January 2018
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Most viewed articles of the month on mind Retail
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1
Before an IPO, Shein forced to reveal margin erosion in 2025 and impact of US tariff shock
Made public ahead of a Hong Kong listing planned for September, Shein’s financial documents, seen by mind Retail, confirm the shift experienced by the fast-fashion retailer. Despite a 8% sales...
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O’Boticario rolls out AI diagnostics across 4,000 stores with Haut.ai
On August 18, Brazilian cosmetics retail chain O’Boticario (2025 GMV up by 6.7%) announced the deployment of skin analysis technology provided by Estonian start-up Haut.AI. It will be rolled...
21 August 2026
3
Hugues Chanoine (Hygie31 Digital): “The next step is to eliminate filters to move to 100% conversational search”
The Hygie31 retail group, known for the Lafayette Pharmacies, is continuing to transform its websites, driven by Cocooncenter. Thanks to an AI strategy and a fully redesigned IT architecture, it...
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ChatGPT: Bureau Vallée’s recipe to capture back-to-school spending
By launching a conversational chatbot with Algolia and a new module converting school lists into e-commerce carts this summer, Bureau Vallée aims to ease the chore of back-to-school supply list...
5
Walmart finally accepts in-store payments with Apple Pay and Google Pay
Sanctioned by financial markets after a sharp US slowdown in Q2, Walmart is reviewing a checkout strategy. Abandoning a rejection of technological giants, the group is rolling out Apple Pay and...
24 August 2026
6
Why Shein emits twice as much CO2 as Inditex for equivalent revenue
On the occasion of an IPO, Shein revealed a carbon footprint of 25.5 million tonnes of carbon dioxide in 2025, up by 20% compared to a reference year. For an equivalent sales level, the fast...