July (#2)

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

Top News

Auchan Retail has announced last week their partnership with Glovo in 4 European countries to develop its grocery home deliveries. The spanish start up Glovo, specialiazed in express deliveries, will deliver to Auchan customers in Spain, Portugal, Poland and Urkraine.

L'Usine Digitale- 2020/07/16 - More details

Latest global announcements

The fashion group Net A Porter is increasing its research on the Artificial Intelligence by creating an alliance with Modena University. His goal is to use the technology to push boarders of its usage within the luxury and premium retail industry.

Journal du Luxe - 2020/06/21 - More details

In its aim to digitalize the car business, PSA, the  car manufacturer, is increasing in innovations. With the sanitary crisis going on, the company has boosted his desire to find alterantives to physical sales. To encourage distance selling of its second-hand cars, PSA has completly digitalized its customer route.

Znet- 2020/07/16 - More details

Notable trends

Lizee, the start up is aiming to converts the retail industry to renting. They are offering an external solution to experiment the circular economy. A dozen of customers has already signed to use their services. By renting, the goal is to increase the use by product ratio. With this option, it is also in the companies' best interrest to produce articles that last and that can be repeared. But the environmental aspect of this alternative will no be enough to convince brands to adopt this modele. A return on investment is essential. Thas is why Lizee promised customized business plans.

Challenges - 2020/07/13 - More details

After this worldwide sanitary crisis, the retail industry had to adapt its habits and has shifted to a new edge. A study from the Center of Retail Research even said a big part of physical stores will disappear around the globe. This is not a bad news for the companies. A big part of retail companies have seen their sales increased.

LSA Commercie Connecté - 2020/06/23 - 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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