News brief

Kenya attracts foreign retailers
In Kenya, supermarkets form 33% of retail formats, just behind South Africa. According to Nielsen, 89% of Kenyans shop in supermarkets, with the balance supplied by informal “dukas”...
16 January 2019
Korean cosmetics BRANDS ENTER Saudi Arabia
Acheter des produits cosmétiques coréens, réputés pour leurs ingrédients naturels, est devenu un must au Moyen-Orient. L’explication de ce succès...
16 January 2019
End of the game for Macy’s in China.
The U.S.A. department store chain announced a closure from December 31st of the store on Tmall, the huge online marketplace owned by Alibaba. The retailer is closing operations after closing all...
16 January 2019
Ikea plans a giant shopping complex in Shanghai.
Ikea plans to build a mixed-use complex of 430,000 sq.m. in Shanghai by 2022. Alongside the store (the 6th in China), the firm will offer space for more than 300 retailers in a 120,000 sq.m. area...
16 January 2019
Jysk plans 30 new stores in Thailand.
The Danish furniture and homeware brand Jysk (turnover €2.16 billion for financial year 2017/2018) launched its first store in Thailand earlier this year, adding to the 1,249 stores in 20...
16 January 2019
Luxury brands are investing in Tokyo, before 2020 Olympics Games.
The luxury brand Bottega Veneta opened an 800 sq.m. flagship over six floors in Tokyo. The futuristic megastore is Bottega Veneta’s largest in Asia, designed to fit the modernist...
16 January 2019
The Korean retail sector is booming
The South Korean retail sector (US$280 billion in 2017) is thriving with a 6% year-over-year increase in retail sales by the third quarter in 2018. South Korea was adversely impacted by the...
16 January 2019
India: Titan is betting on ethnic fashion and saree’s market growth
The ethnic fashion and saree categories in India are growing at a very healthy rate. India’s ethnic wear industry is currently estimated to be US$11.63 billion and expected to grow further...
16 January 2019
Delivery services in New York : FreshDirect fears Jet.com.
Less than a year ago, FreshDirect, an online grocer, had a 73% online grocery market share in New York City but today the service only covers 63% of the market. FreshDirect is being pushed out by...
16 January 2019
Canadian Lululemon launches a service similar to Amazon Prime.
The canadian athletic wear brand beloved by yogis Lululemon experiments a subscription loyalty service. After a successful pilot program in Edmonton, Canada, the retailer launches a US$96 annual...
16 January 2019
Grupo Boticário expected a 7% growth in 2018.
The Brazilian perfumery and cosmetics franchiser, Grupo Boticário is on track to repeat last year’s results and post a 7% annual growth, reaching US$3.3 billion in revenue for 2018...
16 January 2019
Rebag plants resale shop in Westfield World Trade Center
Rebag, marketed as the ultimate destination for buying and selling luxury handbags, has opened its fifth new location this year in Westfield World Trade Centre. The store “houses the most...
16 January 2019
BEAUTY. THE DISRUPTIVE BRAND Aesop continues growth spurt
The luxury skin and soap brand Aesop, part of the Brazilian group Natura&Co, registers strong growth “in all channels and geographies during the third quarter in 2018”, according...
16 January 2019
H&M grows globally during 2018.
The Swedish fashion retailer H&M continued global growth in 2018. In a preliminary report for its 2018 fiscal year, the fashion giant said sales (including V.A.T.) increased by 5% up to...
16 January 2019
Carrefour Italia take new initiatives.
The French retailer experiments a new concept in its Portogruaro’s hypermarket. Extending over 5,000 sq.m, the hypermarket offers 20,000 SKUs of which 2,400 SKUs of fresh products (including...
16 January 2019
Inditex manages strong growth.
Whilst many rivals are struggling, Inditex once again showed strong numbers for the first 9 months of this financial year. Both net and gross profit grew 4% on the year. Inditex reported a net...
16 January 2019
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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
Personalised pricing: Europe keeps a low profile while New York forces retailers to be transparent
In the State of New York, unprecedented legislation has come into force requiring retailers using personalised pricing algorithms to inform consumers. While the NRF is seeking to counter its...
12 December 2025
2
Price-fixing investigation: Swatch and Citizen under scrutiny in Italy
On December 9, 2025, Swiss watch groups Swatch (Tissot, Mido and Hamilton) and Japanese Citizen (Bulova, Vagary, Frédérique Constant and Alpina) were placed under investigation by...
11 December 2025
3
In the U.S.A., retail job cuts rise 139% in a year
According to Challenger, Gray & Christmas, a company specialising in employment trend analysis, in the U.S.A., 2025 has been tough for retail employment. The sector recorded 91,954 job cuts...
9 December 2025
4
Italy: three executives from luxury goods group Tod’s investigated over worker exploitation
After placing Loro Piana (LVMH), Armani, Dior and Valentino under judicial administration, the Milan public prosecutor's office is now targeting Tod's. Three of its executives are under...
5
Australia bans access to social networks for under‑16s
As part of the adoption of the Online Safety law Social Media Minimum Age, voted on 28 November 2025, minors aged under 16 will no longer be able to access social networks in Australia from...
2 December 2025
6
Customs duties: Costco sues the Trump administration
On November 28, Costco (net sales of US$267 billion in the fiscal year ending August 31, 2025 , up by 8.1% after 6% in 2024) sued the Trump administration, judging the tariff surcharges imposed...
5 December 2025