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...
Patrick Bousquet-Chavanne, Abu Dhabi RDP: ‘The big risk is the postponement of key investments due to a lack of political visibility’
Impact of customs tariffs, continued cooling demand for luxury goods, wait-and-see attitude in terms of investments. At the NRF, Patrick Bousquet-Chavanne, former C.E.O. of Emaar Malls and...
Ingka aims to inject €700 million into recycling over the next 5 years
On January 15, Ingka Group (2024 sales: €41.8 billion, down 5.6% year-on-year) announced an investment of €1 billion in recycling infrastructures. The budget allocated to the Circular...
Gifi is entitled to a second chance, but Founder is not
On January 14 2025, the Founder of Gifi (sales of €1.3 billion in the fiscal year of 15 months to December 2023, 700 stores, 17 countries) obtained an agreement from creditors. According to...
After Smallable and Wethenew, L’Exception goes under the Hong-Kong flag
Faced with the fragility of the fashion industry, Hong-Kong based fund AA Investments is continuing to acquire assets in difficulty. A latest acquisition is the online concept store L'Exception.
9 January 2025
LVMH fund takes control of Kiko Milano
L-Catterton Management (US$35 billion in assets under management, including A.P.C., Ganni, Birkenstock…) announced on April 26, 2024, that it was taking a majority stake in Kiko Milano...
Picnic raises €355 million from historical shareholders
As finance opportunities in the tech sector remains under pressure, Picnic has again demonstrated solid strength to investors. On January 9, the pure-player raised €355 million, in which all...
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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
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
2
“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
3
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
4
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
5
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