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Luxury. Are Chinese now in the age of frugality?
…In China, the decline in luxury goods sales and the slowdown in G.D.P. (up by only 0.4% in Q2 2022) is giving way to a new market of second-hand luxury. In August 2022, the hashtag #why do...
Sephora Singapore adds consumer reviews into the store experience
…After a phase of qualitative studies in Shanghai and Singapore, Sephora inaugurated a new concept called “Asia store of the future” in Singapore on September 23, 2022, on 425...
Gucci and Chanel invest in Middle America
If for years, China was the Eldorado of luxury brands, these are now massively reinvesting in the United States. They are opening stores within medium-sized cities in full development.
28 September 2022
UK. In six months, the B&Q marketplace drives 8% of the brand’s online sales
…In the six months to 31 July 2022, Kingfisher Group saw sales fall by 4.1% to €8.1 billion and profit fall by almost 30% to €562 million. Compared to the first half of 2019...
[Confidential] Guillaume Apostoly to join as C.I.O. for Sephora
…According to our sources, Guillaume Apostoly, Chief Information Officer of Maisons du Monde and member of the Board, is about to join Sephora (LVMH). He will replace Anziz El Ahdj, who has...
27 September 2022
Costco continues growth and profitability trajectory in Q4 2022
…Costco, the world’s 2nd largest retailer by revenue, saw sales increase by 15% in the quarter ended 28 August 2022, to US$72.09 billion. The wholesale chain is slowing down slightly...
27 September 2022
[Case study] Makro Belgium cut the equivalent cost of 200 full-time staff
BackgroundIn Belgium, the hypermarket chain Makro (sold by Metro AG to the investment company Bronze Properties in the summer of 2022) operates 6 stores and has an annual turnover of €500...
27 September 2022
A fund takes control of Eataly for €200 million
…Controlled by the Farinetti family, the restaurant-grocery chain Eataly (44 stores in 15 countries, turnover of €464 million in 2021), is preparing to continue expansion after selling...
26 September 2022
Shopify to let staff decide the breakdown of their remuneration
Canadian e-commerce platform Shopify, which has seen its share price plummet 75% in one year, has decided to adjust its remuneration system. The company’s workforce, which stands at 10,000...
23 September 2022
UK. Supermarkets give staff a helping hand amid rising inflation
Shopping vouchers, free meals and even a second pay rise in the same year – a host of measures have been announced in the UK retail sector to support staff amid rising prices. Such measures also...
23 September 2022
ID Kids to test SoftPOS payment
…In a bid to make a payment experience more transparent, the ID Kids childcare retailer will be testing “SoftPOS” mobile payment in stores from 2023. This new payment trend...
23 September 2022
[Use Case] Furniture retailer But quadrupled click-through rate with location-based SMS
…The contextAlthough for furniture retailer But (320 stores, total turnover of €2.12 billion in 2021), the paper leaflet remains the primary marketing and sales activation lever, the...
VTEX chooses integrated payment from Adyen
…On 16 September, VTEX (2021 sales of US$ 150 million via 38 countries) joined forces with payment solutions provider Adyen. By integrating payment into its offer, the Brazilian...
The carbon footprint of stores is twice as large as e-commerce
According to EuroCommerce, 94% of the Dutch, 82% of the Germans and 82% of the French bought online in 2021. The volume of deliveries is exploding, as are the associated CO2 emissions. Should...
21 September 2022
How ManoMano engages trade customers digitally
Faced with the expansion of Screwfix (Kingfisher) in Europe, ManoMano is enhancing its app dedicated to B2B customers with a new loyalty programme. The marketplace, which generates 20% of business...
20 September 2022
UK: Boots to roll out marketplace with Mirakl
…The British drugstore chain Boots (a subsidiary of Walgreens Boots Alliance, 2021 turnover of US$133 billion, up 7.5%) will launch a digital marketplace in spring 2023 with Mirakl...
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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
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
2
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
3
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
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
[mind Exclusive] Casino lost lawsuit against Mediaposte
According to information from mind Media, the Casino group  failed to take legal action against the advertising print distribution specialist Mediaposte (a subsidiary of La Poste). The food...
6
AI-driven job cuts on the rise in tech sector
As leading tech companies ramp up investment in artificial intelligence (AI) and roll out transformation plans to boost its development, layoffs across the sector are increasing. But are the job...
14 October 2025