News brief

In August 2017, McDonald’s (revenue of US$6.05 billion in Q2 2017, down by 4%) ended an historic joint venture with Connaught Plaza Restaurants Ltd (CPRL). This was the 2nd largest Indian...

18 September 2017

Galeries Lafayette keep expanding into China

The Galeries Lafayette department store operator will open a 2nd unit by March 2019 in the Pudong vicinity of Shanghai, serving a population of 25 million inhabitants. Similar to the initial store...

18 September 2017

How BIM from Turkey adapted to Morocco

Eight years after launch in Morocco (which housed a population of 35 million inhabitants in 2016), BIM from Turkey has turned into Morocco’s largest retailer by number of stores: it is now...

18 September 2017

Will South African Shoprite travel to Europe ?

In August 2017, Steinhoff International Holdings (known as “Africa’s Ikea”) finally unveiled a plan to buy 22.7% of Shoprite, Africa’s largest supermarket operator by...

18 September 2017

70% of Europeans own homes

Within the European Union, former communist countries report the highest ownership rates, which translate into a dynamic D.I.Y. market. Romania leads the ranking with 98% ownership, with Croatia...

18 September 2017

Pandora takes over its Spanish distributor

In August, the Danish charm-bracelet retailer Pandora A/S signed an agreement to acquire 100% of City Time, which owns the distribution rights for Spain, Gibraltar and Andorra markets and posted...

18 September 2017

Beauty retailers consolidate to go global

With regulatory approval, the Brazilian retailer Natura completed the purchase of The Body Shop in early September 2017, significantly increasing brand awareness, geographic reach and sales...

18 September 2017

Pressure increases for toy retailers

Can U.S. toy retailer Toys’R’Us (875 stores in the U.S. and 765 internationally) successfully restructure debt without seeking bankruptcy protection? In June 2017, borrowing was

18 September 2017

A 5th consecutive year of falling Foreign Direct Investment in Africa

According to UNCTAD, foreign direct investment into Africa fell to US$59 billion in 2016,

11 August 2017

Alain Caparros moves from Rewe to C&A

In May 2017, Philippe Brenninkmeijer resigned as C.E.O. of C&A Europe to join the Brenninkmeijer family’s investment vehicle called “Cofra”.

27 July 2017

Cristina Scocchia From L’Oréal to Kiko

Cristina Scocchia is the new C.E.O. of the fast-growing Kiko Group (owned by Percassi). She is responsible for global expansion of Kiko Milano worldwide and developing the other labels of Madina...

27 July 2017

U.S. retailers face a war for talent

In the U.S.A., C.E.O.’s salaries at large grocers were an average of US$1.5 million last year, down 14% from 2012. Chief executives at the 10 largest grocers in the U.S. received US$6,6...

27 July 2017

SES Imagotag may have a new Chinese shareholder

The specialist of electronic labels (sales of €177 million in 2016 via 150 million labels in 12,000 stores) entered exclusive negotiations with BOE Technology from China, the world’s...

27 July 2017

H&M expands in Indian 2nd tier cities

In the 2nd half of 2017, H&M will add eight stores in India, including second-tier cities in its expansion plan. New stores are expected in Bangalore, Delhi NCR, Mumbai

27 July 2017

South Korea, a world engine for online FMCG sales

According to Kantar Worlpanel, e-commerce accounted for 4.6% of the global FMCG and fresh products market in value during the fiscal year ending in December 2016, but it generated 35% of its...

27 July 2017

Like the U.S., China has too many malls

Like the U.S.A., China has too many malls (4,600 in total) and not enough people to shop there, said CBRE. In Q1 2017, retail vacancy in second-tier cities reached worrying levels in some Chinese...

27 July 2017

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Carmila join forces with Unlimitail and JCDecaux to equip 252 malls

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