News brief

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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