News brief

Vietnam personal care sector boats growth potential
A recent Kantar Worldpanel study revealed the Vietnamese personal care sector registered growth of 7% a year on average (2018 vs 2017). This is higher than the F.M.C.G. market (+2.3%). Growth was...
18 February 2020
India’s textile and clothing exports bode well
According to Invest India, a national investment promotion and facilitation agency, India’s textile and clothing exports are expected to reach US$300 billion by 2024-25. This will calculate...
18 February 2020
LVMH brings Tiffany & Co. to India
While retail growth in China slows, India is already expected among the world’s top-five retail markets by 2021, with retail sales estimated up to US$1.2 trillion by next year (Deloitte...
18 February 2020
India. Walmart wants to marry wholesale and e-commerce
Walmart (sales of US$514.4 billion in the financial year to January 2019) has now become India’s leading retailer. It manages 25 wholesale stores (Best Price Modern Wholesale brand)...
18 February 2020
Bose focuses on omnichannel sales
Electronics retailer Bose (sales of US$4 billion in the year to March 2019 via 249 fully-own stores) announces a focus on its e-commerce offer and the closure of more than 100 stores. The stores...
18 February 2020
Furniture. Pier 1 Imports near bankruptcy.
Pier 1 Imports, Texas-based home decor and furniture retailer (net sales of US$1.6 billion in the fiscal year to March 2019, a fall of 14% year-on-year) announced a potential closure program for...
18 February 2020
Home appliance. How Magazine Luiza became an omnichannel leader?
As Walmart does with ambition in the U.S., Brazil too has its pioneer in unified retail. It is the electronics and home appliance retailer Magazine Luiza (turnover of US$1.7 billion in Q3 2019, up...
18 February 2020
Vans opens a skateboarding-themed store
Having added a new skate park in Brooklyn to its portfolio (with free access), the footwear brand Vans (part of VF Corp.) opened a new flagship in Los Angeles in February. In the center of Los...
18 February 2020
Canada Goose, The Concept of the Month
In December 2019, Canada Goose, which operates 11 company-owned stores across the world, unveiled “The Journey”, an innovative retail concept located in the “CF Sherway...
18 February 2020
Furniture. Why Casper’s I.P.O. might be slippery?
In the beginning of January, the direct-to-consumer mattress brand Casper, proclaimed “pioneer of the sleep economy” applied to list common stock on the New York Stock Exchange. In a...
18 February 2020
Are there too many malls in Dubai?
According to Patrick Chalhoub, C.E.O of the eponymous luxury group, Dubai has been “over retailed” due to the surge in mall openings in the boom years 2013-2015. “The supply has...
18 February 2020
Birkenstock launches new store format in Dubai Mall
The German footwear retailer Birkenstock reopened a store in the Dubai Mall (80 million visitors per year) in late January 2020. Operated by local partner Apparel Group (which runs 1,750 stores of...
18 February 2020
South African headache for Walmart
Ahead of publication of annual results on February 27, 2020, Massmart Holdings (owned at 52% by Walmart and controlling chains such as Builders Warehouse, Makro, Game or Jumbo Cash and Carry)...
18 February 2020
Philips. From home appliances to health technology
As a former leading manufacturer of home appliances, Philips is reviewing ownership options for its home appliance business as it is no longer a strategic fit for the future. The Dutch firm (total...
18 February 2020
Casino about to sell discount business
Casino, owner of the hard-discount retailer Leader Price since 1997 is intending to sell the French network of 700 discount stores to Aldi as part of drastic debt reduction plans. The deal would...
18 February 2020
Carrefour is investing in Brazil
In mid-February 2020, the French grocery retailer announces its expansion in Brazil via the acquisition of 30 “cash & carry” stores (banner Makro Atacadista) for US$450 million. In...
18 February 2020
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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