With the acquisition of Ceconomy, China’s JD.com enters the European e-commerce market Asia On July 30, China’s leading e-commerce company JD.com announced the acquisition of German electronics specialist Ceconomy (1,030 MediaMarkt and Saturn stores,…
Central Retail invests US$1.4 billion in omnichannel strategy in Thailand and Vietnam Asia On June 24, the subsidiary of Thai conglomerate Central Group, Central Retail Corporation (revenue for the year ended March 2025: US$7.3 billion,…
DHL to invest €500 million in the Gulf by 2030 Africa, Middle East On June 11, Germany’s DHL (2024 revenue €84.19 billion, up by 3% year-on-year) announced a €500 million investment by 2030 in the United Arab Emirates and Saudi Arabia to strengthen the 4 divisions in the region.…
Divestitures, restructuring: BHV and El Corte Inglés seek a second wind Europe In mid-June, El Corte Inglés department stores published annual results for the year ending February 2025. After deciding in April to abolish the executive committee,…
Financière Agache, a Bernard Arnault’s holding company, exits Lagardère’s capital Europe It’s the end of a strategic partnership. According to the AMF, Bernard Arnault’s holding company Financière Agache sold the remaining 7.97% stake in the Lagardère group (Lagardère Travel Retail,…
In Germany, C&A closes the only European manufacturing site Europe The Dutch fashion brand C&A (13,000 stores in 17 countries) closed the 4,200 sq.m production plant in Mönchengladbach,…
Patrick Bousquet-Chavanne, Abu Dhabi RDP: ‘The big risk is the postponement of key investments due to a lack of political visibility’ Impact of customs tariffs, continued cooling demand for luxury goods, wait-and-see attitude in terms of investments. At the NRF, Patrick Bousquet-Chavanne, former C.E.O. of Emaar Malls and Executive CMO of Marks & Spencer, and currently Advisor to the Abu Dhabi Retail Development Program, shared with mind Retail his vision for retail in 2025.
After Smallable and Wethenew, L’Exception goes under the Hong-Kong flag Asia Faced with the fragility of the fashion industry, Hong-Kong based fund AA Investments is continuing to acquire assets in difficulty. A latest acquisition is the online concept store L'Exception.
LVMH fund takes control of Kiko Milano Europe L-Catterton Management (US$35 billion in assets under management, including A.P.C., Ganni, Birkenstock…) announced on April 26, 2024, that it was taking a majority stake in Kiko Milano beauty retailer.…
Picnic raises €355 million from historical shareholders Europe As finance opportunities in the tech sector remains under pressure, Picnic has again demonstrated solid strength to investors. On January 9,…
