[info mind Retail] A third of Shein’s suppliers will not be audited in 2023
With the results of the French DGCCRF investigation expected this Autumn, and the U.S. SEC continuing a survey regarding allegations of forced labor, Shein provided an update on its industrial...
26 September 2023
Generative AI: Amazon to invest up to US$4 billion in Anthropic
The digital cloud giants are not slowing investments in generative AI, which needs massive computing power to function properly. Following Google and a US$300 million investment in Anthropic in...
26 September 2023
Fashion: Why omnichannel players are gaining in profitability and e-commerce is suffering, in 6 charts
Mind Retail analysed the financial results of the 12 largest fashion retailers between 2019 and 2022, to understand performance in terms of sales and profitability. As a result of the multiple...
25 September 2023
Headwinds in China force SMCP to reduce annual forecasts
On 18th September, the SMCP group (Maje, Sandro, Claudie Pierlot, Fursac) announced an adjustment of annual growth targets due to disappointing sales. While an operating margin in excess of 9.2%...
22 September 2023
South Africa: Walmart strengthens the team to support digital growth
U.S. giant Walmart is reorganizing the South African business by recruiting Jonathan Collins as Chief Financial Officer, with the aim of boosting online sales.
15 September 2023
Dubai: The sustainable label The Giving Movement is multiplying pop-ups
Eco-friendly clothing brand The Giving Movement, founded in April 2020 in the United Arab Emirates, announced the opening of a flagship store in Dubai in 2024. Currently at the Mall of the...
1 September 2023
TikTok Shop could lose at least US$500 million in the USA in 2023
TikTok Shop, the social network’s e-commerce solution, could lose more than US$500 million in the U.S.A. in 2023, according to an article by The Information published on August 23rd. The...
1 September 2023
L’Occitane confirms that its owner is considering a takeover
After posting spectacular results for the three months to June (sales of €502 million, up 24.5% at constant exchange rates), L’Occitane International confirmed on 15th August that...
1 September 2023
Uber posts an operating margin for the first time
In Q2 to June 2023, the profitability of DoorDash and Uber Technologies improved, driven by stronger consumer demand for fast deliveries. DoorDash managed to limit losses in the U.S.A. and Uber...
9 August 2023
[Amazon results] Operating margin doubled, driven by e-commerce and the marketplace in Q2 2023
On August 3, 2023, Amazon published results for Q2, showing a return to growth in the e-commerce business. Sales totaled US$134.4 billion vs $121.2 billion a year earlier. This is a 11% growth at...
9 August 2023
Waste: Brussels wants binding targets for textiles and food
On 5 July 2023, the European Commission published a draft directive to reduce waste. Each E.U. country could be subject to a binding target to reduce food waste. By December 2030, the aim is to...
8 August 2023
Photovoltaics, electricity bills: retailers launch a green offensive
In the retail sector, the average electricity bill before the Ukraine crisis ranged from €20,000 a year for a specialist store, €80,000 a year for a supermarket and €500,000 a year...
8 August 2023
India: Walmart reinvests US$1.4 billion in Flipkart
After scaling back operations in the U.K., Brazil and Japan, Walmart is strengthening control over Indian online retailer Flipkart. On July 30, 2023, the firm invested US$1.4 billion, buying the...
4 August 2023
[confidential] Decathlon Belgium wants to recruit 100 subscribers per month for a rental offer
At Decathlon Belgium, the “We Play Circular” rental system is gaining ground. Launched initially with 70 families and two stores (Brussels and Antwerp), the second stage began in May...
4 August 2023
USA : TikTok adds an e-commerce site to compete with Shein and Temu
TikTok (1.17 billion users by June 2023) is opening an e-commerce business in the U.S.A. Ranging from clothing to electronic equipment, the “Made in China” offer is available directly...
3 August 2023
Decathlon slashes private labels to boost performance
Faced with a slowdown in sales and concentration in the sector, Decathlon (turnover of €15.4 billion in 2022, up 12% including 16.8% online) is pulling out the heavy artillery. In mid-July...
3 August 2023
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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
Eric Meulien, Al Futtaim: “The next step in our roadmap is to replace the in-store POS system”
Operating in 18 countries and managing brands such as Ikea, Zara and Marks & Spencer, Emirati group Al-Futtaim (2025 revenue: US$9.7 billion, up by 6%) has a unique vantage point from which to...
2
Marketplaces: How Orange and Virgin Australia reinvent their value creation models
Looking to turn their audience into a commercial platform without having to carry the risk of holding stock, new verticals are entering the marketplace space, with new models designed to enhance...
8 October 2026
3
How Maison A.Constant built a unified customer database with n8n
Eager to bring together customer data and improve data accuracy, jewellery and watch retailer Maison A.Constant built its own Single Customer Repository (SCR) using n8n, an orchestration platform...
4
Cashback: Younited secures an exclusive contract with Bouygues Telecom
Following Orange and the launch of a marketplace, Bouygues Telecom is strengthening a customer loyalty strategy by focusing on purchasing power with a new cashback offer. For French fintech...
16 October 2026