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Hampered by geopolitical tensions, Majid Al Futtaim ends 2023 almost at a standstill
Affected by the Israeli-Palestinian conflict and the devaluation of the Egyptian currency, Majid Al Futtaim unveiled mixed financial results for 2023. 
VFCorp launches Supreme in China with a first owned store
On March 22, 2014, the Supreme fashion brand opened a first owned store in China, in Shanghai (corner of Changle Road and Fumin Road), where the headquarters of parent company VFCorp are...
28 March 2024
[mind Retail Exclusive] Why Chalhoub Group focuses on these 3 technologies for vendors
With Sleekflow, Confer With and Connect, Chalhoub is speeding up deployment of technology for sales staff. The Dubai-based retailer of personal goods revealed to mind Retail the results of 3...
Lego bricks is still strong in a crumbling toy market
In 2023, against a difficult backdrop for the toy sector (the global market was down 7% according to Circana), Lego continued to slow. Turnover reached €8.84 billion in 2023, up only 2% in a...
28 March 2024
Ulta Beauty joins forces with Axo to sell in Mexico
On March 14, 2024, US cosmetics and beauty retailer Ulta Beauty (US$11.2 billion turnover in the financial year to February 2024, up 5.7% like-for-like) announced a debut in Mexico in 2025, thanks...
27 March 2024
Shein shakes up the Mexican fashion market
Selling in Mexico since June 2023, Shein has been steadily taking market share from traditional local retailers such as Walmart, Coppel and El Puerto de Liverpool. These are adapting business...
27 March 2024
Rent Now Pay Later: In Dubai, Keyper wants no more bank cheques
On March 13, 2024, Keyper, an Emirati start-up specialising in fractional payments for shopping centre tenants, joined forces with Direct Debit System. This partnership with a direct debit...
27 March 2024
French government is expected to confirm laws for “fast fashion” and eco-score
In France, following adoption of a fast fashion law by the Parliament in mid-March, the government is under pressure to deliver. Definitions are needed for company thresholds alongside terms and...
ESG: China takes a cue from Europe’s CSRD
On February 8, 2024, in the wake of the European CSRD, China announced new ESG regulations for 400 of the largest Chinese companies. China is thus hoping to boost investment confidence of foreign...
26 March 2024
Aldi invests US$9 billion in U.S.A. expansion
On March 7, 2024, German discounter Aldi (12,000 stores worldwide, including 2,400 in the U.S.A.) announced an investment of €9 billion over 5 years for American expansion. The firm also...
25 March 2024
Duty-free purchases by Chinese on the rise again worldwide, but especially in Asia
After 4 years of fluctuations, a recovery in duty-free sales is picking up again, reaching a rate comparable to pre-Covid-19 levels. According to Global Blue, in February 2024, duty-free sales...
22 March 2024
[Case study] With Getinside, Total Energies tests a new acquisition lever for e-commerce parcels
The Wash carwash network (Total Energies) is one of the first companies to have tested an acquisition campaign with Getinside. This digital marketplace treats e-tailers' parcels as monetisable...
In Shanghai, Apple opens an 8th store and hopes to boost sales in China
On March 18, Apple (sales of US$383.3 billion down by 2.8% in the fiscal year to September 2023, net margin of US$97 billion down by 2.8%) opened Apple Jing’an, an 8th store in Shanghai with...
21 March 2024
Travel retail in Thailand: Siam Piwat targets wealthy tourists
Following an investment of US$28 million in Q4 2023, which should double this year, Thai operator and developer Siam Piwat (turnover of US$1.54 billion in 2023) is negotiating a partnership with...
20 March 2024
The Home Depot improves efficiency for B2B clients through a dedicated supply chain
In 2024, The Home Depot is continuing B2B investments. After acquiring B2B distributors HD Supply Holdings (2020) and Construction Resources (planned for 2024), the chain plans to add 4...
19 March 2024
Dollar Tree reevaluates its portfolio and targets higher income consumers
On 13 March, discounter Dollar Tree (US$ 30.6 billion turnover in 2023, up 8%) announced closure of 6% of stores (1,000 units out of 16,774). The operator of Family Dollar (acquired in 2015 for...
19 March 2024
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Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
What readers clicked on the most last month.
1
Faced with debt and declining sales, Fossil files for bankruptcy
Competition from Apple and Samsung in the smartwatch segment, collapsing sales, customs tariffs… Cornered with a debt of US$179 million, Fossil has filed several bankruptcy petitions in the U.S.A...
29 October 2025
2
Lululemon, Ralph Lauren, Gap and Levi’s enter peak season with high stock levels
Faced with rising customs tariffs affecting US imports, several retailers have built up significant inventories. Over a year, the stocks of Gap, Levi’s, Lululemon, Ralph Lauren and Academy Sports...
27 October 2025
3
Casino : Jean-Charles Naouri tried for corruption and stock price manipulation
Two years after the French National Financial Prosecutor’s Office (PNF) concluded an investigation into Casino, the trial of Jean-Charles Naouri, C.E.O. of the retail group from 2005 to...
4
EU: Omnibus bill stalled in Parliament
On October 22, MEPs rejected by a narrow majority the negotiating mandate that would have allowed trilogue negotiations to begin on the omnibus directive watering down the CSRD and duty of care...
5
France and Italy urge Shein to reassess a business model
While Shein continues to spark controversy through partnerships with Pimkie and BHV department stores (SGM), Italy announced plans to introduce a tax on Asian e-commerce platforms. In France, the...
13 October 2025
6
Nacera Bekhat, CNIL: “Walking through a store aisle does not mean I have consented to data processing”
Several vendors, like Veesion and Alfred Eyes, provide smart camera technologies aimed at capturing customer data throughout the store to prevent theft. How do these systems fit with GDPR? Some...