All articles

For the 3rd time, the merger attempt between Orchestra and its U.S. rival Destination Maternity ended in failure during the summer. This was due to

19 September 2017

HBC, The concept of the month

As buy-out rumours increase for struggling Canadian retailer Hudson’s Bay, in September the firm opened its 1st full-range European department store in Amsterdam. A sales area of 17,000 sq.m...

19 September 2017

Lego changes C.E.O. after just eight months.

In a surprise move, the Danish toy firm replaced British C.E.O Bali Padda, appointed in December after serving at Lego for 15 years. He is replaced by Niels B. Christiansen (aged 51), former Head...

19 September 2017

Adidas to close 160 Russian stores this year.

As Russian sales shrink, the German sportswear retailer has already closed more than 100 stores this year and will close another 50 by December. C.E.O. Kasper Rorsted expects the Russian market to...

19 September 2017

German department stores flirt with outlets.

As the U.S. Saks Off 5th launches in Germany and the Netherlands, Karstadt department stores will also test sales space for low prices this year, in partnership with online pure-players...

19 September 2017

The Expert’s Eye

A discussion with Lara Boursier, Asia Director for the law firm of Simon Associates, who has been living in Beijing for more than 5 years.

19 September 2017

Can foreign retailers still succeed in China ?

Faced with China’s unbridled mall expansion and fierce growth of online sales, how do foreign retailers prioritise investments ? Live from Shanghai, Global Retail News investigated how retailers...

18 September 2017

Carrefour wants smaller hypermarkets in China

At the Mapic conference in Shanghai in late August 2017, Frank Chan, Director of Carrefour’s shopping centres in China, said: “We are reducing the average sales area of...

18 September 2017

Outlet retail is booming in Europe

Within Europe brick-and-mortar sector, off-pricers and outlet retailers continue gaining momentum via new format and new players. Global Retail News analysed the key data of the fast-growing...

18 September 2017

McDonald’s ends business with Indian partner

In August 2017, McDonald’s (revenue of US$6.05 billion in Q2 2017, down by 4%) ended an historic joint venture with Connaught Plaza Restaurants Ltd (CPRL). This was the 2nd largest Indian...

18 September 2017

Galeries Lafayette keep expanding into China

The Galeries Lafayette department store operator will open a 2nd unit by March 2019 in the Pudong vicinity of Shanghai, serving a population of 25 million inhabitants. Similar to the initial store...

18 September 2017

How BIM from Turkey adapted to Morocco

Eight years after launch in Morocco (which housed a population of 35 million inhabitants in 2016), BIM from Turkey has turned into Morocco’s largest retailer by number of stores: it is now...

18 September 2017

Will South African Shoprite travel to Europe ?

In August 2017, Steinhoff International Holdings (known as “Africa’s Ikea”) finally unveiled a plan to buy 22.7% of Shoprite, Africa’s largest supermarket operator by...

18 September 2017

70% of Europeans own homes

Within the European Union, former communist countries report the highest ownership rates, which translate into a dynamic D.I.Y. market. Romania leads the ranking with 98% ownership, with Croatia...

18 September 2017

Pandora takes over its Spanish distributor

In August, the Danish charm-bracelet retailer Pandora A/S signed an agreement to acquire 100% of City Time, which owns the distribution rights for Spain, Gibraltar and Andorra markets and posted...

18 September 2017

Beauty retailers consolidate to go global

With regulatory approval, the Brazilian retailer Natura completed the purchase of The Body Shop in early September 2017, significantly increasing brand awareness, geographic reach and sales...

18 September 2017

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Aroma-Zone and Najar reveal the behind-the-scenes of a strategic partnership

As the adoption of AI results in increasing cost volatility for companies, mind Retail spoke in Monaco with Christelle Glaszer, Manager of Indirect Purchases at Aroma-Zone natural beauty retailer...

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After-sales service: Prolong aims to become the OS of repair and adds 3 luxury brands

Signing of three high-end clients, launch of a maintenance passport, imminent Seed funding round and cloud migration project in China… At a 1-to-1 conference in Monaco, the Founder of Prolong...

12 March 2026

Regulatory: With 200,000 Digital Product Passports issued, Darty scales up

While the European Commission is set to vote on delegated acts to specify requirements for home appliances, Darty is accelerating a Digital Product Passport (DPP) push by integrating new products...

11 March 2026

Electronic labels: Hanshow accelerates breakthrough and signs with a leading British retailer

While the leader in electronic labels, Vusion exceeded €1.47 billion in revenue in 2025, rival Hanshow is stepping up a global offensive, winning a strategic account in the U.K. and a new POC for...

27 February 2026

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Profound raises US$96 million in Series C funding, becoming a first GEO unicorn

Founded in 2024 in New York by James Cadwallader, GEO startup Profound raised US$96 million on February 24, 2026, in a Series C round led by Lightspeed Venture Partners, including Sequoia Capital...

25 February 2026

Klépierre, URW, Carmila: in 2025, retail media and services accounted for nearly 10% of net rental income

Published on February 12 and 19, annual financial results of the three major European property companies show that Klépierre, Unibail-Rodamco-Westfield, and Carmila are no longer singing from the...

24 February 2026