After Jennyfer and Boardriders Europe, Beaumanoir takes over Naf Naf Europe On August 7, 2025, the commercial court approved Beaumanoir‘s takeover bid for Naf Naf (amount undisclosed). At the helm of Caroll,…
Negotiations between Seven & I and Alimentation Couche-Tard come to an end Asia Takeover talks between Alimentation Couche-Tard (ACT) and Seven & I (2024 revenue: 122 billion dollars, up by 4.4% year-on-year) have ended after a year.…
Colruyt and Carrefour rebalance European assets Europe On June 17, the Les Mousquetaires Group (2024 sales: €42.5 billion, up 6.4%) announced exclusive negotiations to acquire 81 Colruyt stores,…
Carrefour gets green light for 100% takeover of Brazilian subsidiary Americas On April 25, Carrefour (2024 revenue of €87.27 billion, up 5.3% at constant exchange rates) obtained approval from the minority shareholders of the Brazilian subsidiary for the 100% acquisition of the business.…
Following a strong 2024, Carrefour wants to spend €800 million for the Brazilian unit Americas On February 19, 2025, Carrefour published annual results: in 2024, total sales grew by 5.3% at constant rates to €87.27 billion excluding V.A.T.…
BNPL: Amazon acquires Indian start-up Axio for US$150 million Asia After acquiring the ODV streaming company MX player last June, Amazon (9M 2024 sales: US$450.2 billion,…
JD Sports buys Courir for €520 million, 10 times EBIT Europe After buying rival U.S. retailer Hibbett for US$1.1 billion in April, JD Sports Fashion (sales 2023 of €11.93 billion, up by 2.9%) made a 2nd acquisition.…
Bonpoint to be sold to China’s Youngor Asia The EPI group ( Bonpoint, Weston, Piper-Heidsieck, Charles Heidsieck and Biondi-Santi brands) is looking to sell the upmarket children’s label Bonpoint.…
Retail property: Blackstone strengthens on the U.S. West Coast with a US$4 billion acquisition Americas On November 6, 2024, U.S. investment fund Blackstone (US$336.1 billion in assets) announced the acquisition of Retail Opportunity Investments Corp (valued at US$2.13 billion) for approximately US$4 billion in cash,…
Swiss department stores Globus are now under Central Group’s Thai governance Europe On September 30, Thailand-based Central Group (sales of €3.3 billion for Central Retail in H1 2024 up 6%), completed ownership of Switzerland’s Globus.…
