News brief

BCBG Max Azria closes in Europe
In October, Fashion retailer BCBG, (a retailer selling evening dresses) ceased operations in Europe. Owned by investment firm Guggenheim Partners, all its stores in France and all operations in...
16 November 2017
Zalando moves from online to outlet
Zalando, Europe’s largest fashion e-retailer, is about to open a 4th outlet store in Hamburg, Germany. This is in the former Thalia bookstore on the Grosse Bleichen street, where annual...
16 November 2017
Douglas accelerates in Spain
The cosmetics retailer Douglas will expand from 57 Spanish stores in June 2017 to 380 by the end of 2017. During the summer, Douglas purchased the Bodybell chain, with 223 stores in Spain...
16 November 2017
Kaufhof. Richard Baker and HBC search for financial success
Will Richard Baker, interim C.E.O. of the Hudson Bay Co. (HBC), dispose of Galeria Kaufhof department store business in Germany after only two years? “This is possible”, said an...
16 November 2017
Sporting retailers. When global footprints make the difference
In the sporting goods sector, Lululemon Athletica seems isolated from the pressures facing the broader athletic industry. During the quarter to July 30, 2017, its sales grew by 13% in total to...
16 November 2017
Noel Prioux to head up Carrefour Brazil
From October 2, in an unexpected move, the French Executive Noël Prioux (aged 59) is appointed as Executive Director of Carrefour Latin America (Brazil and Argentina), directly in charge of...
24 October 2017
New retail head at Estée Lauder
On October 1st, Olivier Bottrie took a new position at the Estée Lauder cosmetics Group (sales of US$11.8 billion in the fiscal year to June 2017, up by 5% year-on-year). As newly appointed...
24 October 2017
U.S. moves towards smaller Boards
In the United States, the world’s n°1 asset manager BlackRock withheld voting support for the re-election of Ann Mather at Shutterfly and at Alphabet. She was finally elected at both...
24 October 2017
K11 Shanghai, the Mall of the Month
In a city saturated with malls, the Shanghai K11 mall (40,000 sq.m GLA on 6 floors) built by the Hong Kong billionaire Adrian Cheng now registers record number of visitors. Located on Middle...
24 October 2017
Chinese women, a major opportunity for sport retailers
In China, Lululemon Athletica is about to open its 1st store in Chengdu. The retailer, which boats “Sweat once a day” at store doors, has managed to catch Chinese consumers with its...
24 October 2017
Inditex to sell online in India
Having 22 stores in India under the Zara banner, Inditex will start selling online in the country from early October 2017. This is via its own website and warehouse in Haryana. It will offer
24 October 2017
When Chinese will age.
A Practicology study reveals that the “over 60” population group in China will increase from 16% of the population in 2015 to 25% in 2030. Meanwhile,the population considered as middle...
24 October 2017
Soon a relaxation of laws for foreign retailers in the Philippines ?
Eager to attract global investment, the Philippines’ government could grant full ownership of the business to foreign retailers whose minimal capital exceeds US$ 200,000. This would replace...
24 October 2017
“Business as usual” for Toys’R’Us Asia.
Having started a restructuring process under bankruptcy protection in the U.S. and Canada, Toys’R’Us said that its Asian stores (China, Japan, Malaysia, Hong Kong, the Philippines...
24 October 2017
La Rinascente and KaDeWe to partner with JD.com ?
The European department stores La Rinascente, Illum and KaDeWe could be sold online shortly in Thailand, as parent firm Central Group formed a joint venture with JD.com to invest
24 October 2017
Givenchy bets on flash sales in China.
In February 2017, Givenchy partnered with the WeChat influencer MrBags (1 million followers). During the Valentine’s Day, it offered on WeChat only 80 of its special edition bags at US$2,210...
24 October 2017
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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
Carmila join forces with Unlimitail and JCDecaux to equip 252 malls
On December 9, Carrefour and Carmila signed a partnership with Unlimitail and JCDecaux to create a retail media network combining indoor DOOH and outdoor OOH across their sites in France and...
12 December 2025
2
Italian Golden Goose set for Chinese ownership
A year after the French children’s clothing brand Bonpoint was acquired by Chinese group Youngor, Italian luxury brand Golden Goose is next. British fund Permira (already owner of Hugo...
9 December 2025