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SMCP returns to growth, ending legal battle

On August 11, 2025, SMCP (including Sandro and Maje) announced the end of a legal battle from 2021. Following a ruling by the High Court of Singapore, the 15.5% stake that had been wrongfully...

20 August 2025

Malls : Simon Property accelerates data monetisation with Humana, URW continues arbitrage

As more Americans visited shopping centres in H1 2025, the sector’s leader Simon Property Group is expanding both data and community engagement with a new partnership with Humana. This gives a new...

20 August 2025

With the acquisition of Ceconomy, China’s JD.com enters the European e-commerce market

On July 30, China’s leading e-commerce company JD.com announced the acquisition of German electronics specialist Ceconomy (1,030 MediaMarkt and Saturn stores, 50,000 employees). The...

1 August 2025

India: Walmart subsidiary Myntra sued for tax fraud

In India, on July 23, the Directorate of Enforcement (ED) filed a complaint against Walmart subsidiary Myntra (2024 market cap: 600 million dollars, up by 15%). The charge alleges a violation of...

31 July 2025

Al-Futtaim acquires a 49.95% stake in Cenomi Retail for US$667 millions

On July 20, Saudi operator Cenomi Retail (2024 revenue: 635 million dollars, up by 4% year-on-year) announced an agreement to sell 49.95% of capital to the Emirati group Al-Futtaim (revenue...

24 July 2025

Central Retail invests US$1.4 billion in omnichannel strategy in Thailand and Vietnam

On June 24, the subsidiary of Thai conglomerate Central Group, Central Retail Corporation (revenue for the year ended March 2025: US$7.3 billion, up 5.7% year-on-year) unveiled a major US$1.4...

1 July 2025

DHL to invest €500 million in the Gulf by 2030

On June 11, Germany’s DHL (2024 revenue €84.19 billion, up by 3% year-on-year) announced a €500 million investment by 2030 in the United Arab Emirates and Saudi Arabia to...

27 June 2025

Divestitures, restructuring: BHV and El Corte Inglés seek a second wind

In mid-June, El Corte Inglés department stores published annual results for the year ending February 2025. After deciding in April to abolish the executive committee, the retailer reported...

25 June 2025

Blackstone acquires Kolkata’s South City Mall for US$377 million

In India, with the buyout of developer South City Project on June 17, the US investment fund Blackstone has acquired Kolkata’s South City Mall. The transaction, carried out with the...

23 June 2025

Financière Agache, a Bernard Arnault’s holding company, exits Lagardère’s capital

It’s the end of a strategic partnership. According to the AMF, Bernard Arnault’s holding company Financière Agache sold the remaining 7.97% stake in the Lagardère group...

17 June 2025

China’s Wanda sells 48 malls in mega deal

In China, real estate developer Dalian Wanda Group (513 Wanda Plaza malls covering 70.9 million sq.m) is selling 48 shopping centres in a US$6.94 billion deal. The buyer is a joint venture led by...

5 June 2025

Paolo de Cesare takes over as Chairman of Grandi Stazioni

Paolo de Cesare was appointed Non-Executive Chairman of Grandi Stazioni at the end of April 2025. Former Chairman and C.E.O. of Printemps Group (2007–2020) and then C.E.O. of luxury...

15 May 2025

Majid Al Futtaim injects US$1.4 billion into Mall of the Emirates

In Dubai, Majid Al Futtaim (2024 turnover: €8.53 billion from 87 stores and 29 malls, up 1% year-on-year) unveiled a US$1.4 billion investment in mid-April to revamp the Mall of the Emirates...

15 May 2025

U.S. GDP fell and commercial vacancy rose in Q1

While the impact of tariffs began to affect the US economy in Q1, with GDP falling by 0.3%, retail space occupancy rates did not improve.

12 May 2025

Carrefour re-signs with Majid Al Futtaim until 2031

On April 3, Carrefour renewed an exclusive franchise agreement until 2031 with the Emirati group Majid Al Futtaim (turnover 2024: €8.53 billion, up by 1% in a year, after a rise of 1.1% in...

9 April 2025

Simon Property steps up in offsite retail media

Simon Property Group, the world’s leading commercial property company (2024 revenue: US$5.96 billion, up by 5.4%, via 229 malls covering 180 million sq.m and 2 billion visitors per year)...

2 April 2025

Rodrigo Clare (Altarea): “We have entered into exclusive negotiations to manage stores in 83 Milan metro stations”

After winning, with RATP Travel Retail, the tender for the stations in the greater Paris area, the property company Altarea is also preparing to expand in Italy, mind Retail learned. We review the...

28 March 2025

Printemps sets up in the U.S. against a backdrop of department store crisis

After beginning international expansion in 2022 in Doha (Qatar) with 40,000 sq.m, the Printemps group (21 department stores, confidential turnover) selected New York as the entry into the U.S.A...

13 March 2025

In Germany, C&A closes the only European manufacturing site

The Dutch fashion brand C&A (13,000 stores in 17 countries) closed the 4,200 sq.m production plant in Mönchengladbach, Germany at the end of February 2025. Opened in 2021 for producing...

4 March 2025

For the first time since 2020, the number of French franchised stores fell in 2024

Closures in the fashion sector, lower performance for supermarkets and household equipment farnchised stores, which underperformed the market... In France, the number of franchises fell by 1.4% in...

4 March 2025

APAC: occupancy rates rise, retail investment up 27% in 2024

In Japan, the Tokyu Plaza Ginza mall in Tokyo has been acquired in early February for US$1 billion by Gaw Capital and Patience Capital. Meanwhile, JLL reports that commercial property investment...

25 February 2025

Driven by property development, Emaar boosted revenue by a third in 2024

On February 14, 2025, Dubai-based property developer Emaar Properties (owner of office assets such as the Burj Khalifa, shopping malls, luxury hotels, etc.) announced a 33% increase in turnover in...

21 February 2025

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Featured image of the article [mind Exclusive] After signing Fusalp and Ysé, Webyn relies on Gemini to boost the performance of e-commerce A/B testing

[mind Exclusive] After signing Fusalp and Ysé, Webyn relies on Gemini to boost the performance of e-commerce A/B testing

Awarded on October 13, 2025, in the category of the Customer Relationship Awards, the start-up specialising in e-commerce A/B testing continues to grow. For mind Retail, C.E.O. and Co-Founder...

23 October 2025

[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...

21 October 2025

[mind Exclusive] Thanks to a conversational chatbot, La Grande Récré triples e-commerce conversion rates

While AI conversational chatbots have become widespread in e-commerce, La Grande Récré shared with mind Retail the results of the tool launched in summer 2025 with iAdvize: number of queries...

9 October 2025

[mind Exclusive] Prolong signs Mellow Yellow and expands into new verticals

A competitor of Save Your Wardrobe, the start-up Prolong, which focuses on returns, warranty, repair, and after-sales service, announced the signing of Mellow Yellow footwear retailer, a jewellery...

3 October 2025

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Patrick Chalhoub, CEO Chalhoub Group : ”Shopping in the Middle East is a matter of entertainment rather than just buying”

The Dubai-based Chalhoub operates and grows the retail businesses of international retailers in the Middle East. Specialising in high-end fashion and beauty brands, it does not publish turnover...

22 October 2014

“AT JOHN LEWIS, EVERY PARTNER RECEIVES THE SAME PERCENTAGE OF BONUS, FROM THE CEO TO THE STORE HANDLER.”

Whilst profit slides at Tesco and Debenhams, John Lewis Partnership’s sales have been growing for 6 years through a strategy focusing on the U.K. home market. Sophie Baqué met Andy Street...

22 November 2014

Nicolas Siriez, DG L’Occitane : “L’Occitane vend la Méditerranée au monde entier”

Avec son pari de la nature et du haut de gamme, L’Occitane a réussi son internationalisation. Plus de 90 % des ventes viennent de l’étranger, dont 40 % d’Asie. Rencontre avec Nicolas Siriez...

20 October 2015

HIGH END BEAUTY RETAILER L’OCCITANE PINS GROWTH ON NATURAL PRODUCTS

In 1995, the beauty retailer L’Occitane was close to bankruptcy. By 2015 it turned into a global player with 92% of sales from foreign countries, including 40% from Asia. Global Retail News met...

20 October 2015

IKEA-CENTRES RESTARTS EXPANSION IN RUSSIA

German Armin Michaely, aged 54, has managed Ikea-Centres Russia since March 2013. After 22 years at the German office, he has restarted mall expansion in Russia, which previously stopped in 2012...

15 December 2015