News brief

Eager to accelerate international growth, the Rocher Group (Yves Rocher beauty stores and Petit Bateau fashion stores, sales of €2 billion in 2015) announced a first entry into Japan, the...

12 January 2017

More than one billion mobile subscribers in Africa

According to Ovum, the African continent will have more than one billion active phone chips in the end of 2016 and 1.3 billion in 2021. If the number of subscribers has slowed,

24 December 2016

“Dior Beauty” lands in the World Trade Centre…

After Las Vegas, Dallas and San José, a 58-sq.m “Dior Beauty” store opened in New York, within the brand-new Westfield mall. To attract young women, often courted by independent...

24 December 2016

U.S. department stores are navigating hard.

The U.S. Commerce Department reported that in September 2016, department store sales fell by 6.4% year-on-year, compared to an increase of 6.1% for restaurants and bars and 11% for online sales. A...

24 December 2016

No more C.E.O. at Richemont

The world’s 2nd largest luxury retailer by sales doesn’t need a C.E.O. Richard Lepeu will step down in March 2017 and will not be replaced. To ease decisions, the head of each large...

20 December 2016

People inside, really?

In a study of 800 C.E.O.s from global firms, Korn Ferry measured what they believe can generate profit and how people may fit that vision. C.E.O.s say that technology will create greater value in...

20 December 2016

A new C.E.O. at Natura

Roberto de Lima has resigned as President of Natura Cosmeticos after just 2 years, effective immediately.

20 December 2016

BHV department store to open in Dubai

The 1st BHV unit in the Emirates will open on

20 December 2016

Gap reinvents itself in Dubai…

In November, the world’s 1st GapFit store (clothes for women, men and children) opened in Jumeirah Beach. This 90 sq.m store is run by Al Tayer Group, which also runs Gap stores in the Gulf.

20 December 2016

Kiabi is now active in Congo…

On December 8, the fashion retailer Kiabi has opened a 1st store in Brazzaville (1,250 sq.m) in Grand Fleuve mall, in partnership with Mercure International of Monaco.

20 December 2016

U.A.E. Emaar’s owner wants to create an Arabic Amazon

Eager to tap the small but growing online sales market in the Arabian Gulf (sales of US$5.3 billion in 2015), Emirati businessman Mohamed Alabbar, Chairman of Emaar Properties, has launched Noon...

20 December 2016

China faces a million-baby boom…

As the one-child policy was relaxed in October 2015, allowing couples to have 2 children, the government announces that the birth rate will grow by 5.7% in 2016.

20 December 2016

Malaysia will house Asia’s biggest outlet centre…

The 2nd construction phase of the Mitsui Outlet Park KLIA has started in Sepang, near Kuala Lumpur airport. Developers are Mitsui Fudosan from Japan and the public firm Malaysia Airports Holdings...

20 December 2016

Esprit will sell online in India…

The fashion retailer Esprit has signed an exclusive partnership with online fashion retailer Myntra (owned by Flipkart, India’s largest online retailer by sales). Esprit will sell its women...

20 December 2016

Can Aldi succeed in China?

According to an Aldi’s spokeswoman in Australia, the German discount retailer will make inroads in China in the 1st half 2017, starting with a website selling ambient products and beverages...

20 December 2016

China is the 1st market for connected appliances…

According to Euromonitor, China will account for half of the world’s market of connected appliances this year, with 15 million units sold out of 30 million in total.

20 December 2016

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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