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After opening 39 beauty stores in 2022, Chanel signed a commercial lease for a 19,000 sq.m space in Hong Kong (at a monthly rent of US$383,000). Covering two floors in the Capitol Centre at...

6 June 2023

DIY: Home Depot and Lowe’s reduce annual forecasts

Affected by a fall in discretionary spending, The Home Depot (2022 sales of US$160 billion, net margin of 10.9% of sales) is not optimistic for the current financial year. Instead of stagnating as...

5 June 2023

E-commerce: Walmart reduces plastic and packaging

On June, 2023 Walmart (Q1 2023 sales of US$152.3 billion, up by 7.6%, net margin down to 1% of revenue) announced a program to save 2,000 tons of plastic in the USA this year. For the e-commerce...

2 June 2023

Vietnam: Diptyque opens a first physical store with Tam Son

Last month, Vietnamese group Tam Son International added Diptyque and Tory Burch to a portfolio of franchised brands, which includes Hermès, Rimowa, Sandro, Patek Philippe and others. The...

1 June 2023

GDPR : Meta fined €1.2 billion

The Irish Data Protection Agency (DPC) announced on May 22nd a record fine of €1.2 billion against the Meta company for transferring European users’ data to servers in the United...

26 May 2023

U.A.E. retailers will be subject to Corporation Tax from June 1st 2023

While G.D.P. growth reached 7.6% in 2022, the United Arab Emirates will introduce a first Corporate Tax from June 1st, 2023. Set at 9%, this applies to companies whose annual income from...

26 May 2023

India: Shein joins forces with Reliance to fight U.S. regulator

The WSJ revealed that Shein signed a partnership with India’s Reliance Industries as it faces scrutiny from the U.S.A. Stock Exchange Commission (S.E.C.) over enforced labour of Uighur...

26 May 2023

USA. Amazon enters the fissure of paid returns

Since 13th April, Amazon has been testing a new approach to returns. In the U.S., a symbolic charge of US$1 is made for returns made via UPS on condition that an Amazon Fresh, Whole Foods Market...

23 May 2023

Primark accelerates U.S. expansion to compete with Shein

In the U.S.A., Primark (2022 turnover of €8.9 billion via 408 stores) opened a 17th American store on 20th April in the Walden Galleria mall in Buffalo (New York State). Covering 3,200 sq.m...

17 May 2023

CSR. Albert Heijn tests a price premium based on environmental impact

In the Netherlands, the Albert Heijn chain (part of Ahold Delhaize, 2022 turnover: €87 billion, up 6.9% at constant exchange rates) has been offering a dual price for hot drinks (coffee, oat...

17 May 2023

European sales of FMCG products in sharp drop since January

According to Circana/IRI data supplied to mind Retail, unit sales of FMCG products accelerated a fall in January and February 2023, after a black year in Western...

15 May 2023

Chinese retail recovered growth in Q1 2023

In the first quarter, the Chinese economy grew by 4.5%. While the growth rate was 3.9% in Q3 and 2.9% in Q4 2022, this is the largest increase in a year. This rebound in G.D.P. shows that the...

11 May 2023

Leroy Merlin arrives in Senegal with Jumia

On March 22, Leroy Merlin signed an agreement with the pure player Jumia to launch into Senegal with 700 products. Since 2019, 1,500 products of the D.I.Y. chain are already distributed by Jumia...

9 May 2023

D.S.A.: Zalando added to platforms subject to stronger regulations

On Monday 25th April, the European Commission published a list of 19 online services, including 17 “very large online platforms (V.L.O.P.s)”, subject to legal obligations under the...

5 May 2023

China : Alibaba and JD.com spin-offs delight investors

On 30th March 2023, JD.com announced a spin-off of property and industrial units from the core business in order to list these on the Hong Kong Stock Exchange. In the listing documents filed on...

4 May 2023

Armani unveils new property project in Dubai

Armani (2021 turnover of €2 billion, up by 26% vs 2020) with an interior design division, Armani / Casa, has partnered with property developer Arada to create a luxury residential complex in...

4 May 2023

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Aroma-Zone and Najar reveal the behind-the-scenes of a strategic partnership

As the adoption of AI results in increasing cost volatility for companies, mind Retail spoke in Monaco with Christelle Glaszer, Manager of Indirect Purchases at Aroma-Zone natural beauty retailer...

13 March 2026

After-sales service: Prolong aims to become the OS of repair and adds 3 luxury brands

Signing of three high-end clients, launch of a maintenance passport, imminent Seed funding round and cloud migration project in China… At a 1-to-1 conference in Monaco, the Founder of Prolong...

12 March 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...

11 March 2026

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

While the leader in electronic labels, Vusion exceeded €1.47 billion in revenue in 2025, rival Hanshow is stepping up a global offensive, winning a strategic account in the U.K. and a new POC for...

27 February 2026

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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

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