News brief

For the Lunar New Year holiday started in late January, flight bookings grew by 9.8% year-on-year.

9 February 2017

In January 2017, the Italian luxury retailer has opened a 2nd store (105 sq.m GLA on one level) in Manila, in the “Solaire Resort and Casino” Mall.

9 February 2017

Malaysia. JD Sports starts with a flagship

In December 2016, the U.K. sporting goods retailer opened a flagship store within the

9 February 2017

Muji launches a joint venture in the Philippines

The Japanese home equipment retailer Muji signed a US$3.5 million joint venture deal with the local retailer SSI Group (shares of 49% and 51% respectively).

9 February 2017

Why Jack Ma wants to get closer to Trump

“Jack and I are going to do great things for small U.S. businesses”, said Donald Trump following a meeting with Alibaba’s Founder in New York last month. “Donald Trump is...

9 February 2017

The emergence of a middle class in Pakistan

According to the Wall Street Journal, 38% of the population in Pakistan is middle class and

9 February 2017

Sports. Nike remains buoyant in China

In the semester which ended in November 2016, the fastest growing region for Nike

9 February 2017

High end-retailers are entering Iran

The high-end furniture retailer Roche Bobois “is expected to open its 1st store in Iran in

9 February 2017

FESTIVAL CITY, THE MALL OF THE MONTH

Three months after the reopening of the Festival City Dubai (extension of 20,000 sq.m completed in September 2016, investment of

9 February 2017

Majid Al Futtaim invests in logistics and malls

The privately owned conglomerate MAF will create a distribution centre in Dubai for its Carrefour hypermarket business. It will serve as a hub for expansion into Africa, the Middle East and...

9 February 2017

Dubai and Abu Dhabi face unequal vacancies

In Dubai malls, vacancy slightly increased to 9% in Q4 2016 (vs. 8% one year earlier). Last year, Dubai’s retail sector added 260,000 retail sq.m, the highest volume since 2010, including...

9 February 2017

The Amazon of the Middle East is on sale

Souq.com, the Gulf’s largest online retailer, hired Goldman Sachs as advisor regarding a possible disposal. Souq has discussed with Amazon and Indian rival Flipkart Online Services, but...

9 February 2017

Beauty. A 2nd Yves Rocher store opens in Nigeria

Having made inroads in Nigeria in July 2016, with a 1st beauty store of 39 sq.m GLA (in the Jabi Lake Mall in Abuja), the Rocher Group continues the African foray. In late December 2016, another...

9 February 2017

South Africans lead regional retail

In the Africa-Middle East region, the South African group Shoprite is leading the

9 February 2017

African investments soar for mobile banking

To attract a growing consumer class, Africa’s largest banks are investing heavily in digital banking technology, a highly popular alternative to traditional banks. M-Pesa (mobile money in...

9 February 2017

McDonald’s tests a delivery service in the U.S

In January 2017, McDonald’s has launched a home delivery service for fast-food orders, supplied from 200 restaurants in Florida (Tampa, Miami, Orlando).

9 February 2017

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Klépierre, URW, Carmila: in 2025, retail media and services accounted for nearly 10% of net rental income

Published on February 12 and 19, annual financial results of the three major European property companies show that Klépierre, Unibail-Rodamco-Westfield, and Carmila are no longer singing from the...

24 February 2026