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...
Profit and market valuation slashed in half: will Shein postpone I.P.O.?
Shein may delay a London Stock Exchange I.P.O., initially planned for April 2025, to the second half of the year. According to the Financial Times on February 23, growth in 2024 fell short of...
Google embarks on international expansion with 2 stores in India
Google (Alphabet Inc: 2024 revenue of US$350 billion, up 15% at constant exchange rates, net margin ratio of 28.6%) plans to open first stores in India, according to Reuters on February, 20. The...
Driven by new profit streams in 2024, Walmart puts the spotlight on e-commerce
Walmart maintained growth while generating higher profits from the core business. With online sales accounting for 18% of total revenue -a level equivalent to Target - e-commerce triggered...
25 February 2025
Following a strong 2024, Carrefour wants to spend €800 million for the Brazilian unit
On February 19, 2025, Carrefour published annual results: in 2024, total sales grew by 5.3% at constant rates to €87.27 billion excluding V.A.T., half as fast as in 2023. In France, revenue...
Alibaba opens a first furniture showroom in Hong Kong
On February 22, 2025, Taobao (Alibaba Group) teamed up with Chinese home furnishings platform Papabo to open a first physical furniture store. Named PapaHome and located within the Tsim Sha Tsui...
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...
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...
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
Driven by record I.P.O., Lulu Retail ends 2024 up 5%
On February 10, the food retailer Lulu Retail posted a turnover of US$7.62 billion in the fiscal year to late December 2024. Sales grew by 4.7% at constant rates and 2.3% like-for-like. The...
H&M saved margin in 2024 but remains in decline in America and Asia
On January 30, the Swedish company H&M reported sales of US$22.32 billion in 2024 (fiscal year to the end of November 2024), down 0.7%. After a rise of 5.6% in 2023 and 12.4% in 2022, this is...
[Amazon results] Amazon maintained growth and doubled margin in 2024
Driven by e-commerce, the marketplace, the cloud and advertising - four entities that have each generated more than US$10 billion in incremental revenue - Amazon ended 2024 with solid fundamentals...
Shein returns to India with Reliance Retail
Blocked since 2020 in India, Shein is back to compete with Myntra (Flipkart) and Zudio (Tata). The group signed a licensing agreement with Reliance Retail Ventures (RRVL), a subsidiary of the...
Franchise : Ulta Beauty enters the Middle East with Alshaya
After announcing a first international expansion into Mexico in March 2024, the U.S. retailer Ulta Beauty (2023 turnover of US$11.2 billion, up 5.7%, after 15.6% in 2022 and 37.9% in 2021)...
After Macy’s, Kohl’s closes 27 stores and cuts 10% of its workforce
In the USA, while Macy’s is closing 66 stores and laying off 3.5% of staff (2,350 jobs), department store chain Kohl’s (1,100 stores in Q3) has announced the closure of 27 stores by...
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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
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
3
AI search engines: how advertising is entering the conversation
While many retailers spend 80% of their acquisition budget on Google Shopping, monetisation tests are accelerating on ChatGPT, Perplexity, and Gemini. How much of the budget will they absorb...
4
[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
5
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...
6
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...