February

Once a month, 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, Emilie Ramon, Albane Rouaix, Léa Korenian - Consultants in Retail / CPG / Luxury 

Notable trends

To combat wine and champagne bottle theft and the grey market, Checkpoint Systems unveils Uno, the RF/RFID dual-technology smart tag.  
The Uno smart tag enables each bottle to be uniquely identified, tracked and secured, from the point of production and throughout the supply chain to the end consumer.
Integrating an RFID tag and an RF antenna, the new Uno label provides authentication and security throughout the entire chain as well as optimal inventory management.

LSA  - 2021/02/24 - More details

Latest global announcements

The Spanish site Wallapop, specialized in classified ads between individuals, announced a fundraising campaign bringing its value to 840 million dollars. Among the investors is Korelya Capital, the fund created by Fleur Pellerin in 2016. Born in Barcelona in 2013, Wallapop is a marketplace dedicated to sales between individuals. It focuses on the second-hand products market while leaving an essential place for small producers and craftsmen. It has also recently set up Envios, a parcel shipping service available throughout Spain. Like its competitors, the boncoin rival is benefiting from a favorable context which has seen, with the Covid-19 pandemic and the various lockdown measures, an increase in online transactions. 

TechCrunch - 2021/02/24 - More details

When, in France..

In these times of pandemic, the closure of stores is pushing brands to innovate to continue to satisfy their customers. After launching the "Kiabi Drive", as well as 24-hour in-store delivery, Kiabi is launching home delivery by appointment. This service is already in use in food retailing but is new for the clothing world. Thanks to this partnership with chronopost, all customers with a basket over 60 euros can benefit from free delivery by appointment (otherwise it will cost six euros). 
Fashion Network - 2021/02/23 - More details
Although Casino had to absorb a lot of costs related to the Covid crisis in the first half of the year, the group believes that it will emerge stronger from 2020, with improved profitability and a reduction in its debt. Its growth in 2021 will be driven by the opening of convenience stores and e-commerce.
Lsa Conso - 2021/02/25 - More details

 

Hottest news in the sector

With the American cosmetics brand Essie and the technology designed by ModiFace, the L'Oréal group is launching a new augmented reality fitting functionality, accessible from a smartphone or computer, called Essie on-hand. It allows you to virtually try Essie nail polish shades on your nails.
This practice is more and more common for cosmetic brands. The particularity of this device is that the client is not obliged to download an application, and it is therefore also accessible from a desktop computer. The American brand announces that other colors and features will be launched in the coming months. For example, the brand will integrate QR codes to allow retailers to offer virtual try-on in their stores and to have customers try on new nail polish colors that are not yet available for purchase.

Usine digitale - 2021/02/23 - 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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