News brief
E-commerce gains traction in the U.A.E
In late May 2017, the Dubai-based developer Emaar Malls bought 51% of the online fashion retailer
16 June 2017
U.A.E. Cost of rent in malls under the spotlight
“We believe that base rents in malls should be calculated as a percentage of sales”,
16 June 2017
Iran acts to sustain local manufacturing
Since March 2017, the Supreme Leader of Iran has implemented a new custom law in the textile industry.
16 June 2017
Coach consolidates via external growth
In the U.S., Coach signed a US$2.4 billion deal to purchase Kate Spade,
16 June 2017
Chilean retailer Falabella in fair growth in Q1 2017
The Latin American giant Falabella posted sales
16 June 2017
Los Angeles. Westfield will open Amazon Books
In May 2017, Amazon received the approval to open a 485-sq.m bookstore within Westfield Century City
16 June 2017
H&M makes inroads in Colombia
In May 2017, H&M opened its 1st store in Colombia as a fully-owned unit.
16 June 2017
Chilean retailer Falabella in fair growth in Q1 2017
The Latin American giant Falabella posted sales up by 3.8% to US$3.2 billion
16 June 2017
Brazil. Convenience & online become top priorities
In Brazil, building convenient-stores and digital market places is the priority of Lojas Americanas discount retailer and the online retailer B2W, which runs Americanas.com and Submarino.com.
16 June 2017
Carrefour changes C.E.O
Carrefour confirmed Alexandre Bombard, Former C.E.O. of Fnac-Darty Group, as successor to Georges Plassat.
16 June 2017
How to share online revenue with franchisees
The Sagam-owned childrens’ specialty retailer “Autour de Bébé”
16 June 2017
Marks & Spencer sales uncertain whilst turnaround strategy bites
In the fiscal year to April 2017, M&S posted sales up by 2.2%, mainly driven by the food division (+4.2%) whereas the clothing and home division decreased by 2.8% (final annual results).
16 June 2017
Galeries Lafayette launches more outlets
In late June 2017, the Roppenheim outlet centre near the German border and owned by Neinver,
16 June 2017
SUITSUPPLY RE-INVENTS THE “TAILOR-MADE”
SuitSupply, the Dutch men’s wear retailer operating stores in 24 countries (U.S.A., Canada, China, Singapore, the U.A.E. plus 15 European countries)
16 June 2017
Mall traffic. European countries still unequal
ShopperTrack (part of Tyco Group), has edited its Global Shopper Trend Report in Q1 2017.
16 June 2017
Birchbox capitalizes on payment data with Adyen
Every month, Birchox cosmetics retailer finds the best novelties and sends them in the form of sample boxes to one million subscribers in 6 countries (U.S.A., U.K., Ireland, Spain, Belgium...
16 June 2017
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