News brief

Fashion : Amiri continues expansion in Dubai and poaches a Burberry executive
Luxury fashion retailer Amiri opened a first store in the U.A.E. in December 2022, which covers 330 sq.m of sales area in the Dubai Mall. It is also the third international store. Its partner in...
24 March 2023
Scotch & Soda local bankruptcy in the Netherlands
On 20 March, Scotch & Soda (274 independent stores and 119 corners) filed for bankruptcy in the Netherlands and the C.E.O. Frederick Lukoff left his post. This, despite “record...
24 March 2023
Why Carrefour is outsourcing non-food e-commerce to Rakuten
On 14 March, during the 1-to-1 conference in Monaco, Carrefour (2022 sales of €90.8 billion, up by 8.4% organic excluding petrol) announced the opening of a digital store on the Rakuten...
22 March 2023
BNPL: Dedicated to high baskets, Younited Pay expands in Spain
Already present in France and Italy, Younited Pay announced on 9 March that it is expanding into Spain. This BNPL solution for retailers only offers financing from 10 times, for baskets ranging...
17 March 2023
Confidential. Mistigriff signs for Cegid Retail Store Excellence
According to a Cegid spokesperson at the 1-to1 briefing in Monaco, Cegid is taking further steps with Mistigriff, a retailer specialising in the clearance of fashion brands, already operating 35...
16 March 2023
USA: Meta stops live shopping initiatives
In mid-February 2023, Meta (turnover of US$117 billion in 2022 down by 1%) indicated the end of the possibility to tag products (and thus make them “shoppable”) in live...
9 March 2023
BNPL: Klarna to charge late payment penalties to British users
As it already does in the Netherlands and in Belgium, the BNPL specialist Klarna will introduce penalty fees in the U.K., starting March 16, 2023. According to mind Fintech, £5 will be...
7 March 2023
“Click to Pay”: Adyen launches a one-click payment solution
Payment remains a true challenge for online retailers. According to a PYMNTS study, an online purchase requires an average of 23 clicks. How to improve the conversion and the fluidity of...
7 March 2023
In 2022, Lego’s net profit margin ratio exceeded that of LVMH
In 2022, Lego‘s turnover slowed down. From 27% growth a year ago, it grew by 17% in 2022 to €8.7 billion (constant rates) via 904 stores. Western Europe and America were particularly...
7 March 2023
Zalando’s sales growth stopped in 2022, with operating margin divided by three
Following a meteoric growth in 2021 (turnover of €10.35 billion up by 29.7%), Zalando‘s sales reached €10.34 billion in 2022, slightly down by -0.1%. While the number of...
7 March 2023
Chinese toy retailer Pop Mart makes inroads in Paris
On February 25, Pop Mart (sales of US$242 million in H1 2022 via 400 stores, including 375 in China) opened a first permanent store in continental Europe. Covering 178 sqm GLA, it is in the Forum...
6 March 2023
Wholesale. Stocks are piling up for Levi Strauss, Michael Kors and Vans
In Q4 2022, Levi Strauss, Capri (Michael Kors, Versace), VF Corp (Vans, Timberland, Supreme…) were penalised by the “wholesale” network, i.e. sales to department stores and...
24 February 2023
USA. The end of food stamps could affect retail
To support the economy during the Covid-19 pandemic (consumer spending represents about 70% of GDP in the USA), the government launched food stamps in March 2020. Over 3 years, these aids...
23 February 2023
Mango takes on North America with 14 new stores
On 21 February, Mango (2021 sales of €2.23 billion, down by 5.9% vs. 2019) opened a first Canadian store (464 sq.m, Yorkdale Centre, Greater Toronto). The brand plans to open a...
23 February 2023
Flying Tiger aims to halve dependence on plastic at similar prices
The low-cost decoration and gadget chain Flying Tiger Copenhagen (858 stores worldwide, 2021 turnover of €510 million up by 8.5%) decided to halve dependence on virgin plastic by 2025 (versus...
21 February 2023
Retail media: Frederic Marty-Debat joins Adeo Group
On February 9, 2023, Frédéric Marty-Debat said he joined Adeo, a subsidiary of the French Mulliez Group, that brings together D.I.Y. home decoration brands such as Leroy Merlin...
16 February 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
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
2
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