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Carrefour is planning an I.P.O. of the Brazilian unit in May 2017, said Valor newspaper.

24 March 2017

In Brazil, retail sales fell by 6.2% last year

As a comparison, one year ago in 2015, they decreased by 4.3% (source IBGE).

24 March 2017

Online will fuel the U.S. retail growth in 2017

According to Fitch Ratings, U.S. retail sales are expected to increase up to 4% during 2017, excluding cars and petrol.

24 March 2017

Germans race for the U.S. discount sector

The German retailer Lidl confirmed a strong U.S. start in the summer 2017, with a goal of 100 East Coast openings the first year, including North Carolina, South Carolina and Virginia.

24 March 2017

Sandro and Maje land in Canada

The high-end fashion retailers Sandro and Maje, with majority shareholder the Chinese firm Shandong Ruyi,

24 March 2017

Calzedonia travels from Italy to the U.S.A

The fashion brand Calzedonia (clothing and beachwear) will open its 1st U.S. store in Q1 2017 on 40 sq.m in Garden City (New York State).

24 March 2017

Wal-Mart closes more stores in Brazil

Wal-Mart (480 stores in Brazil) continues to review feasibility in Brazil.

24 March 2017

The Body Shop soon for sale

The L’Oréal Group (sales of € 25.8 billion in 2016 up by 2.3%) plans to sell The Body Shop (3,000 stores in 66 countries).

24 March 2017

At Harrods, beauty is a winning bet

At Harrods in London (US$1.76 billion in sales last year, owned by Qatar Holding),

24 March 2017

Fashion : OVS travels from Italy to China

In late February, the Italian listed retailer OVS (OVS Fashion, OVS Kids, Upim, Upim Kids, Excelsior and Coin department stores) signed a franchise agreement with Li&Fung to open two...

24 March 2017

Devialet starts a global expansion

In February 2017, the high-end retailer of wireless loudspeakers opened a 50 sq.m store in Hong Kong in the Ifc Mall, spending €500,000.

24 March 2017

Ikea Centres sells 50% of the retail parks

The Pradera investment fund is investing €900 million to purchase 25 retail parks from Ikea Centres.

24 March 2017

Seb is growing in Germany

The maker of the small electrical appliances Seb Group (owner of Tefal and Moulinex) posted sales of €5 billion in 2016 (+6% like-for-like).

24 March 2017

Germany : Zalando buys physical stores

In early March 2017, the online fashion retailer Zalando announced the purchase of Kickz footwear retailer for an undisclosed investment.

24 March 2017

Carrefour driven up by international business

Carrefour’s sales grew by 2.7% in 2016, driven by Latin America (+16%) and European countries such as Italy and Poland (+2%) at constant exchange rates.

24 March 2017

VIEWPOINT FROM A MASTER

Warren Buffet (aged 86), Head of Berkshire Hathaway (US$420 billion in asset value) said

14 March 2017

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