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...
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
USA: Quiksilver, Roxy and Volcom operator shuts down 122 Stores
On February 7, Liberated Brands (2022 revenue : US$422 million, up by 21%, with no new figures since) began closing 122 stores across the U.S.A. following a bankruptcy filing on February, 2. The...
17 February 2025
Klepierre expands through acquisitions, while Unibail safeguards margins with retail media
Just a day apart, URW and Klepierre, Europe’s two leading shopping centre operators, released robust annual results. For URW, the advertising business accounted for more than 50% of net margin in...
17 February 2025
La Foir’fouille chooses Duval for franchise African expansion
On January 31, discount chain La Foir’fouille (steady 2023 sales at €815 million, target of €830 million for 2024) announced an African expansion via a master franchise agreement...
5 February 2025
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...
30 January 2025
Oman: Majid Al Futtaim wipes out Carrefour brand in favour of HyperMax
On January 7, 2025, Majid Al Futtaim (2023 sales : US$9.4 billion, up 1.1%, after 12% in 2022) began replacing the Carrefour brand with the HyperMax brand in Oman. The new HyperMax store brand...
23 January 2025
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
Unibail Rodamco Westfield is increasing disposals, but wants to turn malls into media assets
While speeding up debt reduction, the property company sees retail media as a strategic asset. Two years after the creation of a dedicated advertising network called Westfield Rise, due to...
8 January 2025
Stores closures jumped by 28% in the U.K. in 2024
In 2024, the U.K. reported 13,479 store closures, an increase of 28% in a year, according to the Centre for Retail Research (CRR). These included Boots, Shoe Zone, Homebase and others. While 56%...
7 January 2025
Philippines’ SM Prime announces the opening of 5 new malls
SM Prime Holdings, the Philippine commercial property giant, is continuing to expand. With 5 openings planned for 2025 – 3 in the Philippines in Laoag, La Union and Zamboanga, and 2 in China...
11 December 2024
Commercial rents fell by 3.5% in Tokyo in the 1st half of the year
According to Savills’ October 2024 report, retail rents for ground floor stores in Tokyo fell by 3.5% in the 6 months to the end of June 2024. This fall in rental values is explained by the...
16 October 2024
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Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
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1
Profound raises US$96 million in Series C funding, becoming a first GEO unicorn
Founded in 2024 in New York by James Cadwallader, GEO startup Profound raised US$96 million on February 24, 2026, in a Series C round led by Lightspeed Venture Partners, including Sequoia Capital...
25 February 2026
2
Klépierre, URW, Carmila: in 2025, retail media and services accounted for nearly 10% of net rental income
Published on February 12 and 19, annual financial results of the three major European property companies show that Klépierre, Unibail-Rodamco-Westfield, and Carmila are no longer singing from the...
24 February 2026