News brief

The British Supreme Court refuses to grant Deliveroo’s drivers as employees
On 21st November, the U.K. Supreme Court ruled that Deliveroo delivery staff should be regarded as self-employed and not entitled to the benefits associated with a contracted employee. This status...
30 November 2023
Blackstone and Permira take over parent company of Leboncoin for €12 billion
The Norwegian group Adevinta, parent company of Leboncoin C2C website, is changing shareholders. A €12.1 billion offer from a consortium of private equity funds (Blackstone, Permira, General...
30 November 2023
According to PWC, U.S. shoppers will spend US$1,530 in the holiday season
According to a survey from Pricewaterhouse Coopers (amongst 4,000 US consumers and published in October), the average budget for the holiday season will reach US$1,530 this year. This represents...
24 November 2023
BNPL: Affirm and Klarna cope with rising interest rates
With sales of US$497 million in the quarter to September 2023 (up by 37% year-on-year), US BNPL specialist Affirm reported revenue of US$50 million, exceeding analysts’ consensus, reported...
23 November 2023
After a good Q3, Walmart’s annual sales should grow by 5%
In the quarter ended October 27, Walmart‘s sales grew by 4.3% at constant exchange rates, reaching US$160.8 billion. U.S.A. sales rose by 4.9% excluding fuel, while online sales surged by...
17 November 2023
According to the World Bank, an oil barrel could exceed US$150
As a consequence of the war between Israel and Hamas, the price of a barrel of oil could exceed US$150, warned the World Bank on October 30th, 2023. The institution also unveiled an optimistic...
8 November 2023
Bangladesh: pay rise by 56 % after unprecedented strike by clothing workers
Ten years after the collapse of the Rana Plaza factory, the Bangladesh government announced on November 7th, 2023 an increase of 56% of the minimum wage in the textile sector. From US$75 per month...
8 November 2023
DSA: Brussels orders AliExpress to clarify anti-counterfeiting actions
On November 6th, the European Parliament ordered AliExpress (unique visitors per month : 12.88 million in France, according to Mediametrie) to provide information on anti-counterfeiting measures...
7 November 2023
In India, Sephora becomes part of Reliance Retail
In Q1 2023, Reliance Retail Ventures abandoned talks to obtain the exclusive rights to operate Sephora’s business in India. However, in November, the country’s retail giant finally won...
7 November 2023
B2B : Amazon launches a BNPL offer for professional customers with Affirm
Amazon is about to offer a fractional payment option on Amazon Business, the e-commerce platform for professional clients, CNBC revealed. The U.S. retail giant, which has just published good Q3...
7 November 2023
E-commerce: Omnicom acquires Flywheel Digital for US$835 million
On October 30th, the U.S. communications group Omnicom (owner of BBDO, OMD and TBWA) announced a takeover of Flywheel, the e-commerce subsidiary of the British group Ascential, for US$835 million...
3 November 2023
Travel retail: L’Oréal penalised by Beijing’s crackdown on illicit retailers
According to published Q3 results in mid-October 2023, L’Oréal reported sales of €10 billion in the quarter to September 30, up by 4.5% in total and by 11% on a comparable basis...
2 November 2023
China: home appliances record a third consecutive month of drop, furniture at a standstill
In China, the property crisis has been impacting all sectors of the economy. According to the National Bureau of Statistics, two retail verticals have been particularly hard hit since June...
2 November 2023
Zero-carbon stores: a new controversial claim for Amazon
Having abandoned goal of achieving 50% “zero-carbon” shipments by 2030, zero-carbon is making a comeback in Amazon’s media communications. In Seattle, an Amazon Fresh store (3250...
31 October 2023
The EU Parliament voted to ban imports of products made with forced labour
On Monday 16th October, the Brussels M.E.P.’ serving in the Internal Market and International Trade committees voted in favor of the draft regulation presented by the European...
20 October 2023
South Korean group Lotte conquers Vietnam
Having withdrawn from the Chinese market, South Korean conglomerate Lotte is increasing investments in Vietnam, like other rivals. On September 23rd, the mixed-use complex, Lotte Mall West Lake...
16 October 2023
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Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
What readers clicked on the most last month.
1
Personalised pricing: Europe keeps a low profile while New York forces retailers to be transparent
In the State of New York, unprecedented legislation has come into force requiring retailers using personalised pricing algorithms to inform consumers. While the NRF is seeking to counter its...
12 December 2025
2
Price-fixing investigation: Swatch and Citizen under scrutiny in Italy
On December 9, 2025, Swiss watch groups Swatch (Tissot, Mido and Hamilton) and Japanese Citizen (Bulova, Vagary, Frédérique Constant and Alpina) were placed under investigation by...
11 December 2025
3
In the U.S.A., retail job cuts rise 139% in a year
According to Challenger, Gray & Christmas, a company specialising in employment trend analysis, in the U.S.A., 2025 has been tough for retail employment. The sector recorded 91,954 job cuts...
9 December 2025
4
Italy: three executives from luxury goods group Tod’s investigated over worker exploitation
After placing Loro Piana (LVMH), Armani, Dior and Valentino under judicial administration, the Milan public prosecutor's office is now targeting Tod's. Three of its executives are under...
5
Customs duties: Costco sues the Trump administration
On November 28, Costco (net sales of US$267 billion in the fiscal year ending August 31, 2025 , up by 8.1% after 6% in 2024) sued the Trump administration, judging the tariff surcharges imposed...
5 December 2025
6
Australia bans access to social networks for under‑16s
As part of the adoption of the Online Safety law Social Media Minimum Age, voted on 28 November 2025, minors aged under 16 will no longer be able to access social networks in Australia from...
2 December 2025