News brief

Japan. Fender opens a first flagship store in Tokyo
On 30th June, guitar brand Fender (70% online sales by 2021) opened a first flagship store in a 77-year history in the Harajuku district of Tokyo. The American brand is looking to expand in Asia...
4 July 2023
Café Elle: first opening in Saudi Arabia
In May 2023, Whitney Robinson, former editor-in-chief of Elle Decoration, opened the first Café Elle in the luxury Via Riyadh retail complex. This is alongside renowned concepts such as the...
3 July 2023
USA. Furniture pure-player Wayfair tries “brick & mortar” again
Originally scheduled for mid-May 2023, Wayfair announced that a first physical store will welcome customers in Spring of 2024. The 14,000 sq.m flagship store is under construction at the Chicago...
30 June 2023
Amazon denies potential takeover of Ocado
Following an article in the Times stating that Amazon might be interested in a potential takeover of Ocado, shares in the British pure-player, which also has a business as a logistics provider for...
29 June 2023
In the United States, BNPL is increasingly used for essential purchases
According to Adobe, the percentage of online orders paid for with BNPL grew by 14% in 2022 in the U.S.A. In January and February 2023, the increase rose by 10% year-on-year. However, it would...
29 June 2023
Marimekko: Heading for Asia with a first store in Singapore
Finnish fashion and homeware brand Marimekko (turnover of €166.5 million in 2022, up 9% in one year) is strengthening an Asia presence with a start-up in Singapore. The firm will open an...
27 June 2023
Joe Tsai replaces Daniel Zhang as head of Alibaba
Whilst the group is undergoing a major reorganisation without a proven stable business in China, Alibaba‘s C.E.O. Daniel Zhang announced that he will be stepping down on 20th June 2023. On...
27 June 2023
Amazon joins forces with Omnicom in generative A.I.
On Thursday 22nd June, Omnicom Group announced an agreement with Amazon Web Services (AWS) to use the ML machine learning services and chips to develop creative expertise, in particular via the...
26 June 2023
Social Commerce. YouTube launches live shopping in South Korea
After TikTok (1.09 billion users in April 2023) with TikTokShop, it’s now YouTube‘s turn (2.53 billion) to launch a live shopping channel. The video platform owned by Alphabet...
26 June 2023
Spain: Inditex, Mango, H&M, Primark, Kiabi and Uniqlo set out to negotiate their own branch collective agreement
Set up early in 2023 as a discreet lobby, Asociación Retail Textil España (ARTE) has recently announced initial discussions with trade unions over the potential for its own...
Retail media: Kingfisher, Rakuten, Galeries Lafayette and 10 other retailers join the Carrefour-Publicis joint venture
On 15 June, Alexandre Bompard and Arthur Sadoun, C.E.O.s of Carrefour and Publicis respectively, presented the first stage of their partnership in online retail media at Vivatech. Announced in...
19 June 2023
USA. Victoria’s Secret goes digital with Amazon
While Victoria’s Secret already offers beauty products on Amazon, on June 6, 2023, the company announced that it would also be adding 4,000 new fashion items to the platform, including...
9 June 2023
Carrefour arrives in Israel and promises low prices
On 9th May, Carrefour announced services for Israel with the opening of an e-commerce site and 50 franchised stores, partnered with the Yenot Bitan subsidiary of the Israeli group...
9 June 2023
Uber extends retail media offering to France
From June 2023, Uber will be making a new advertising product available to retailers and brands in France: Sponsored Item, which will enable brands of F.M.C.G. products to run ads on the Uber Eats...
8 June 2023
UAE. Majid Al Futtaim strengthens Blue Rewards loyalty app
On 5th June 2023, the Al Futtaim group announced the addition of new features to its “Blue” application (2.1 million users). Since the launch of the loyalty programme in June...
7 June 2023
India. Metro sells to Reliance Retail for €320 million
On May 11, 2023, Metro AG announced a sale of Indian wholesale operations to Reliance Retail for €320 million. Assuming constant exchange rates, the German cash & carry specialist expects...
6 June 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
Carmila join forces with Unlimitail and JCDecaux to equip 252 malls
On December 9, Carrefour and Carmila signed a partnership with Unlimitail and JCDecaux to create a retail media network combining indoor DOOH and outdoor OOH across their sites in France and...
12 December 2025
2
With Grand Frais, Apollo makes a first move into European grocery retail
Through an agreement to acquire 70% of the operator of Grand Frais, the US investment fund Apollo aims to double stores and evolve a model that has so far been entirely focused on physical retail...
19 December 2025
3
Italian Golden Goose set for Chinese ownership
A year after the French children’s clothing brand Bonpoint was acquired by Chinese group Youngor, Italian luxury brand Golden Goose is next. British fund Permira (already owner of Hugo...
9 December 2025
4
Pierre Brousseau (FDJ United Ventures): “For 2026, we are positioning ourselves in a more rational and offensive again VC market”
What is the total amount of assets under management at FDJ United Ventures?FDJ United Ventures was launched in 2015. We invest in European start-ups supported by La Française des Jeux (FDJ...
12 December 2025