News brief

Romania’s only outlet mall soars
In 2017, the Fashion House outlet centre in Bucharest posted sales up by 10% year-on-year, growth of more than three times that of 2016. Conversion rate, i.e. visitors who spent money in the mall...
13 April 2018
Sales of Made.com up by 40% in 2017
Following a 50% growth in 2016, Made posted sales of US$178 million in 2017. It has been profitable in the U.K., France, the Netherlands and Belgium/Luxembourg, but not in Germany, causing an...
13 April 2018
O’Bag, The Concept of The Month
The Italian accessory retailer O’Bag, created in 2009, has the same high profile for the accessory sector as does Pandora for jewellery. It sells middle range accessories characterised by...
13 April 2018
Aldi and Dia adopt opposite strategies in China  
In April 2018, the discount Spanish retailer Dia announced a withdrawal from China. It signed a deal with the home electrical retailer Suning (whose majority shareholder is Alibaba), which aims to...
13 April 2018
Reopening of competition for the running of the retail business at the Eiffel Tower
The Société d’Exploitation de la Tour Eiffel (SETE) will soon be lauching a competitive tender to manage and operate shops at the Eiffel Tower (available on the B.O.A.M.P...
13 April 2018
Is technology expected to be like invisible air conditioning ?
According to Mrs. Susanna Chin, Chief Representative of the Hong Kong giant Li&Fung for the East-China region, digital technology should be invisible in-store. “Technology is like...
13 April 2018
Abu Dhabi investors arrive in Silicon Valley
Keen to continue reducing the historical reliance on oil revenue and diverting assets into non-hydrocarbon sectors, an investor from the United Arab Emirates invested a large minority share in the...
13 April 2018
Fashion. When retailers say “farewell” to seasons
As the fashion sector is increasingly driven by consumer demands, an array of international retailers has abandoned the historical “seasonal” calendar, removing the previously...
13 April 2018
The “cost-killer” Action
Which retailer can boast 25 years of consecutive growth with 1,095 profitable stores? This is Action, whose sales jumped by 28% to €3.4 billion in 2017 according to preliminary results. This...
13 April 2018
Flying Tiger. Quirky style and low prices
Nicknamed the “daughter of Ikea and dollar stores”, the Danish retailer Flying Tiger Copenhagen is establishing a market position based on very low prices. Its name comes from the word...
13 April 2018
Hema struggles to convince investors
Unlike Action, the Dutch retailer Hema (722 stores in October 2017) operates with a more challenging cash-rich model, focused on its private label and urban locations. Despite an expansion move...
13 April 2018
Forever 21 struggles in India
The Aditya Birla Fashion & Retail Group (ABFR), holding the exclusive franchising rights of U.S.A. retailer “Forever 21” for two years, is reducing the scale of operations...
20 March 2018
India’s main cities sees strong retail demand
According to JLL, retailers’ demand for locations within Indian malls should increase by 81% in 2018, driven by strong economic fundamentals and the higher purchasing power of young people...
20 March 2018
Asia drives Hermès global sales
According to preliminary results, the luxury retailer Hermès posted revenue of €5.5 billion in 2017 (+9%) at constant exchange rates, pushed by a strong business boost from Asia. Asia...
20 March 2018
Asian giants will not purchase the British Arcadia Group
This was a formal denial prompted by an article published in the Sunday Times. In February 2018, the Chinese fashion conglomerate Shandong Ruyi (owner of high-end fashion brands such as Bally...
20 March 2018
Iron hand at Nordstrom
The Board of Nordstrom department stores rejected the US$8 billion buyout offer from the founding family partnered with Leonard Green & Partners. The takeover offer was estimated as too low...
20 March 2018
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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
Electronic labels: Hanshow accelerates breakthrough and signs with a leading British retailer
While the leader in electronic labels, Vusion exceeded €1.47 billion in revenue in 2025, rival Hanshow is stepping up a global offensive, winning a strategic account in the U.K. and a new POC for...
27 February 2026
2
Conflicts in the Middle East: what impact on the supply chain and European retail?
With US and Israeli strikes on Iran triggering a major crisis on February 28, 2026, retailers already have to face the closure of strategic trade routes, rising freight costs and import...
3
BNPL: Between healthcare and retail, Scalapay accelerates a P.O.S. offensive with two major signings
Building on a strong foothold in fashion, Scalapay is strengthening in-store penetration targeting players in the healthcare sector. According to our information, the Italian BNPL unicorn has...
25 February 2026
4
Regulatory: With 200,000 Digital Product Passports issued, Darty scales up
While the European Commission is set to vote on delegated acts to specify requirements for home appliances, Darty is accelerating a Digital Product Passport (DPP) push by integrating new products...
11 March 2026
5
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
6
Agentic commerce : After Stripe, Mirakl partners with JPMorgan Payments
On March 10, 2026, Mirakl and JPMorgan Payments (JPMP) unveiled a partnership to deploy agentic commerce by combining the Mirakl Nexus agentic orchestration platform with the U.S. bank’s...
16 March 2026