Financing and expansion

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

USA : Dollar General capitalises on tariffs trade tensions

In the U.S.A., the second-largest discount grocer after Aldi reported excellent business results. It seems that the 55% tariff increase on Chinese products has been a godsend for low-cost...

10 June 2025

Menswear brand Snitch raises US$40 million to expand in Asia and the Middle East

In India, men’s label Snitch (2024 sales: US$29.4 million, up 128% in a year, net margin ratio of 1.8% via 60 stores) raised US$40 million in Series B funding on May 27 (investors: 360 ONE...

5 June 2025

Dick’s acquires Foot Locker for US$2.4 billion

After JD Sports and Courir in November 2024, a consolidation trend continues. On May 15, Dick’s (sales 2024: US$13.4 billion, up by 3.5% year-on-year, net margin ratio 8.7%) announced the...

22 May 2025

Qashflo, the financing solution dedicated to marketplaces sellers, ceases operations

Qashflo, an accelerated payment solution for 3P sellers on European marketplaces, is closing. Despite a positive recovery, the company has not secured sufficient shareholder equity to ensure the...

20 May 2025

China : amid slowing beauty sales, SaSa slashes offline stores

On April 15, Chinese beauty retailer SaSa (revenue of US$560 million in the last fiscal year to March 2024, net margin ratio of 5% through 183 stores) published results for the quarter to March...

14 May 2025

To capture the potential of Indian beauty, Chanel seals a key partnership with Nykaa

In India, the premium beauty market is whetting appetites. Under the leadership of Chanel’s CDO, Renaud Batteux, the luxury group (sales of US$19.7 billion in 2023 up 16%, net margin ratio...

13 May 2025

Skechers moves under Brazilian flag via a US$9.4 billion buyout

On May 5, sneaker retailer Skechers accepted a US$9.4 billion takeover bid from Brazilian investment fund 3G Capital. Scheduled for Q3 2025, the transaction will result in Skechers’...

12 May 2025

Primark to enter Kuwait and the U.A.E. with Alshaya

After announcing, in March, a new Indian operation via a franchise partnership with Reliance Brands, British retailer Primark (2024 turnover of US$11.93 billion in the fiscal year to September...

12 May 2025

[Amazon results] A strong first quarter, boosted by the anticipation of tariff increases?

On May 1 2025, Amazon published financial results for the first quarter 2025 (to March 31). Sales, at US$155.7 billion, compared with US$143.3 billion a year earlier, rose by 8.6% at constant...

9 May 2025

Thibault Tabard, Ingka: ‘With 2 to 3 openings per year, we are aiming for 20 design studios by 2030’

As Ikea expands urban stores dedicated to project design, mind Retail wanted to understand the results. How many appointments were made last year ? What is the uplift in consumer spending ? We...

6 May 2025

Grocery retail consolidation : Salling acquires Rimi Baltic for €1.3 billion

On May 5, Danish retailer Salling (2024 turnover: €9.7 billion, up by 2.7% year-on-year, net margin ratio at 2.4% of sales) received shareholders’ approval to acquire the Baltic...

6 May 2025

Vinted triples net margin in a year and launches investment fund

Profitable for the second year running, Vinted is accelerating expansion in Europe, expanding logistics offering and venturing into venture capital with a fund dedicated to re-commerce.

30 April 2025

Carrefour gets green light for 100% takeover of Brazilian subsidiary

On April 25, Carrefour (2024 revenue of €87.27 billion, up 5.3% at constant exchange rates) obtained approval from the minority shareholders of the Brazilian subsidiary for the 100%...

29 April 2025

Malaysia: discount retailer Eco-Shop valued at US$1.6 billion for I.P.O.

In Malaysia, discount retailer Eco-Shop is preparing to raise US$238.4 million ahead of an Initial Public Offering, scheduled for May 23, 2025. The Malaysian retailer (annual revenue at the end of...

29 April 2025

[Food Retail Barometer 2024] The financial health of the world’s 10 largest food retailers in 7 charts

Now in a fourth edition, our annual barometer presents the financial performance of the world's 10 largest food retailers from 2017 to 2024: Walmart, Costco, Kroger, Seven & I, Target...

17 April 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

Most viewed articles of the month on mind Retail

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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

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

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

Cyberattack: Muji, Loft and Sogo & Seibu e-commerce sites down in Japan

Since October 19, Japanese logistics company Askul (2024 revenue: 3.3 billion dollars, up by 2% year-on-year) has been the victim of a cyberattack, preventing it from managing e-commerce orders...

27 October 2025

Antoine Jouteau, Leboncoin : “We are launching our first warranty offer for multimedia products”

As Leboncoin prepares to celebrate a 20th anniversary in 2026, mind Retail interviewed Antoine Jouteau, the outgoing Chief Executive Officer. As Jacob Aqraou, Executive Chairman of the Board of...

13 October 2025

TikTok Shop and Temu strengthen logistics networks by signing with Royal Mail and La Poste

To accelerate European markets, TikTok Shop and Temu signed agreements with the leading postal operators in France and the United Kingdom. Here is a look at these strategic partnerships.

20 October 2025