August (#1)

Once every two weeks, our team gathers a selection of the latest news about Retail, CPG & Luxury. 
Discover below the articles that have held our attention!

The Press Review Team: Gayané Bakaloglou, Anne-Claude Bédry, Emilie Ramon, Maxime Ramos, Albane Rouaix - Consultants in Retail / CPG / Luxury

Latest announcements in France

Launched in April 2020 in full lockdown, the partnership between Carrefour and Uber Eats is being strengthened. It gives consumers the opportunity to order 250 everyday and hygiene and cleaning products (this assortment will be increased to 500 by September) from the Carrefour Market and Carrefour City banners from the Uber Eats application. The partnership developed between Carrefour and Uber Eats is not limited to France. An initial agreement was already signed with Carrefour Taiwan at the end of 2019. From September, Belgium will be the third country after France to benefit from this partnership.

FR24 News - 2020/07/28 - More details

Etam is launching a new payment solution for its 3 brands, Etam, Undiz and Maison 123: customers will now be able to pay with a text, anywhere in the store thanks to staff equiped with conected device.

Business Insider - 2020/07/23 - More details

Latest global announcements

After New York and Shanghai, Nike opens it third House of Innovation, in Paris, first one in Europe. Women, kids and innovation will have their own space inside the store and will provide customers with specific advices based on new technology.

Fashion United - 2020/07/30 - More details

Amazon sets out to conquer the luxury sector. An industry with which the company has been strengthening its ties for several years now and which is becoming official with the launch of a new platform specifically designed for luxury brands. The new platform would have been proposed as a portal in which luxury companies could exercise full control over all aspects related to them (the appearance of the "sites" themselves, the catalog of products on offer, the pricing, the control of promotions and discounts, etc.). The brands will thus be able to benefit from Amazon's logistics structure, using its warehouses and its entire transport network to carry out and formalize shipments.

Fashion Network - 2020/08/26 - More details

On July 14th, Tencent announced the launch of a solution that allows merchants to create virtual stores in its WeChat application. This is a far from insignificant step that places the messaging application on the same ground as Alibaba with Taobao, or JD.com. These stores on WeChat will be accessible to both businesses and individuals. The only distinction will be made on the number of stores that can be opened: 50 for companies, 5 for individuals. 

Technode - 2020/07/16 - More details

Notable trends

Several associations reported the role played by multinational textil brands in the employment of the Uyghur minority and their contribution to its repression. Brands answered the open letter and claim that they will either pay more attention to the m.atter or stops buying cotton from the specific China area in which Uyghur people live

Business Insider - 2020/07/24 - More details

Please share with us your favorite articles to be featured in the next edition of our Press Review: presse_retail@bearingpoint.com

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