News

[Ikea results] Ikea on track for €50 billion sales in 2024
Despite a declining Web traffic, digital transactions accounted for more than 25% of Ikea's business in 2023. The world's largest furniture retailer maintained growth momentum to aim for a €50...
UK : After Missguided, will Shein acquire TopShop?
Shein continues a strategic shift towards a marketplace business, already launched in the U.S.A. Brazil and now due in Europe. It has just acquired Missguided and may add Topshop in its portfolio.
31 October 2023
Zalando: Returns drop by 10% thanks to sizing recommendations
With 30% returns due to incorrect fitting, Zalando is banking on AI to optimise sizing recommendations and enhance an online consumer journey.
20 October 2023
China: Legal tussle between Carrefour and Suning over takeover deal
Four years after their takeover by Suning.com, there's not much left of Carrefour's former Chinese supermarkets. Although a Hong Kong court ordered Suning to pay Carrefour US$134 million, it is...
19 October 2023
LVMH: does Q3 2023 signal the end of 3 years of super-growth?
Kering and LVMH shares tumbled on the stock market, as both luxury conglomerates reported a marked sales slowdown in Q3 2023. After 3 years of exceptional growth, the momentum is waning, signaling...
13 October 2023
Cartier. The luxury brand partners with Visier to make HR data impact the entire organisation
Democratising HR data can have a real impact on retail businesses. This is the belief of Cartier, which is operating with the Visier cloud platform for team planning and analytics. Beyond simple...
13 October 2023
[info mind Retail] A third of Shein’s suppliers will not be audited in 2023
With the results of the French DGCCRF investigation expected this Autumn, and the U.S. SEC continuing a survey regarding allegations of forced labor, Shein provided an update on its industrial...
Children’s data: TikTok fined US$ 367 million in Ireland
While the European DSA is forcing the platform to be more transparent and protect privacy, the Irish regulator has just punished TikTok for misuse of children's data.
26 September 2023
Fashion: Why omnichannel players are gaining in profitability and e-commerce is suffering, in 6 charts
Mind Retail analysed the financial results of the 12 largest fashion retailers between 2019 and 2022, to understand performance in terms of sales and profitability. As a result of the multiple...
25 September 2023
Pierre Fougeat, Lugh (Casino Group): “All platforms combined, €2.5 million of our stablecoin Lugh are in circulation”
Pierre Fougeat, COO of Lugh Financial Services, a subsidiary of Casino Group, presents the Euro stablecoin Lugh. He details the strategy behind this new business.
22 September 2023
Valiuz Adz : The Mulliez family’s retailers launch a retail media offering
Auchan (grocery) and Boulanger (home electrical products) are entrusting advertising inventory to Valiuz Adz, the Association Familiale Mulliez's new advertising agency for the French market...
22 September 2023
Central Retail invests half a billion dollars in wholesale
Thai conglomerate Central Retail Corp is to create a new wholesale chain. With 43 new stores planned in the next 5 year, the country's largest retailer is focusing on wholesale sales, which are...
22 September 2023
U.K : Primark persists with click & collect
The click & collect service launched for children's wear in more than half of British stores is successful. Primark now extends this service to women's fashion.
Great Britain: Tesco equips staff employees with body cameras
British retailer Tesco (300,000 employees) is equipping store staff with body cameras, to counter the sharp rise in physical assaults by customers and to enhance safety.
18 September 2023
South Africa: Walmart strengthens the team to support digital growth
U.S. giant Walmart is reorganizing the South African business by recruiting Jonathan Collins as Chief Financial Officer, with the aim of boosting online sales.
NFT: Bouygues Telecom partners with Cohort to build customer loyalty
For a month, Bouygues Telecom has been using Web3 to build loyalty and commitment among environment-committed customers, in partnership with Cohort and 1,000 associations. mind Retail presents all...
15 September 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
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
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...
4
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
5
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
6
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