News brief

Department stores travel from Japan to Southeast Asia. Faced with a declining population, Japanese department stores are looking for growth elsewhere in South East Asia. Takashimaya is preparing a...

12 January 2017

Spar-China celebrates a 12-year anniversary with an I.P.O

Spar-China celebrates a 12-year anniversary with an I.P.O. Jijiayue Group, which controls the franchisor of Spar’s operations in China, is now listed on the Shanghai Stock Exchange. Funds...

12 January 2017

Lego makes inroads in South Korea via a department store

The 1st Lego store opened in December 2016 in South Seoul as a “corner” within the high-end Hyundai Department Store, Pangyo branch. This store houses an array of international...

12 January 2017

Muji will open a hotel in Beijing

The Japanese retailer Muji will open an hotel (41 rooms, café, bookstore and lounge) during the 2nd half of 2017. The 4th floor has a café & restaurant overlooking Tiananmen...

12 January 2017

Can Africa become a source for global textiles?

Kenya, Madagascar, Mauritius and Ethiopia are proving that sub- Saharan Africa has the capability to produce export quality clothing for a global market. “Saying that Africa will be the next...

12 January 2017

The Emirates move to attract tourists

Hotel occupancy in Abu Dhabi fell by 10% in October 2016 (to 73%) within a supply surplus. The length of stay dropped by 9% year-on-year to 2.8 nights. As a result, the government introduced...

12 January 2017

Amazon is eager to invest in the Gulf’s biggest online retailer

Amazon is in discussions to buy a stake in Souq. com, the region’s biggest e-commerce site. In December, Al Tayer Group, which runs Bloomingdale’s, Crate & Barrel, Coach and...

12 January 2017

Cash-on-delivery leads in the Gulf region

In the U.A.E., 70% of payments to online retailer Sivvi.com (which sells 140 fashion brands, average ticket of €90) are by cash when delivered. In Saudi Arabia, this is 85%. “The...

12 January 2017

Saudi firm invests in McDonald’s in South-East Asia

The Saudi Arabian firm Lionhorn, led by Sheik Fahd and Abdulrahman Alireza and franchisee for 100 McDonald’s restaurants in Saudi Arabia, has purchased new franchise rights for Singapore and...

12 January 2017

Barnes & Noble goes further in catering services

The U.S. bookstore chain (sales down by 3.5% in the quarter to October) is testing a fullservice restaurant named “Barnes & Noble Kitchen” at 3 U.S. locations (2,000 sq.m, 120...

12 January 2017

A French-U.S. giant for children’s clothing is born

After months of discussions, the French retailer Orchestra-Premaman finally signed a deal in December 2016 to buy U.S. rival Destination Maternity, which is valued about US$100 million. The deal...

12 January 2017

Victoria’s Secret has high ambitions in China

In 2017, the U.S. lingerie retailer plans to sell products on Tmall, Alibaba’s online marketplace. “We look at China as a 2nd home market with a potential equal to the U.S.,”...

12 January 2017

Fashion retailer Jennyfer lands in Guatemala

In December, the discount retailer Jennyfer opened its 1st stores in the capital of Guatemala, in Oakland Mall and Naranjo Mall. They cover 198 sq.m GLA and 190 sq.m GLA respectively. Jennyfer...

12 January 2017

56% of Russians regret the fall of Soviet Union

According to a poll conducted by the Levada Centre Institute in November 2016 for 1,600 people in 134 Russian cities, 56% of the polled people regretted the collapse of the U.S.S.R. 28% felt no...

12 January 2017

The British retailer Tesco enters East Africa

Tesco made a debut in Kenya via the F&F fashion chain. The first store opened in December 2016 in The Hub (Karen vicinity in Nairobi), where Majid Al Futtaim already operates a Carrefour...

12 January 2017

Koton launches a 1st German store

The Turkish fashion retailer Koton has opened a first German store in Hamburg, within the Vattenfall retail space (developed by Centrum) located on Spitalerstrasse, where annual retail rents for...

12 January 2017

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Electronic labels: Hanshow accelerates breakthrough and signs with a leading British retailer

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5 March 2026

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

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...

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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

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