May (#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, Constance Henry, Emilie Ramon, Maxime Ramos, Albane Rouaix - Consultants in Retail / CPG / Luxury

Top News

With the reopening of most of the retail stores in May, in France and around the globe, most of companies have to find new ways to welcome their customers to face this crisis.  New rules are implemented instore to avoid the spread of the virus and protect customers, and new technologies are emphasized.

Usine-Digitale - 2020/05/06 - More details

Even though Covid-19 deeply affects global economy, it encourages companies to boost their alternative sale channels. Therefore, H&M has recently opened 9 new estores for several of its brands, mainly in European countries. Since the beginning of march, as its turnover decreased by 57%, its online sales have grown by 32%.

Retail Detail - 2020/05/12 - More details

As Ecommerce used to be a way to increase growth, it is now an unmissable way to avoid sales to stop entirely. How should companies mutate to adapt to this growing online demand ?

Supply Chain Dive - 2020/05/12 - More details

Latest global announcements

Coty announced last week the sale of a part of its beauty brands among which OPI, Wella and Clairol. After having acquired them five years ago to Procter and Gamble, they kept on decreasing, worsening the existing debts of the group. These brands had been on sale for several months now and there was no alternative to sell them.

Retail Detail - 2020/05/12 - More details

Alibaba's Tmall has debuted a new discount channel called Luxury Soho. Aimed at young shoppers, the platform offers savings on seasonal luxury items. The company sees Luxury Soho as a way to introduce younger consumers to luxury brands through a more accessible price point.

MarketWatch - 2020/05/07 - More details

Meanwhile in France

Decathlon is launching a new trendy offer: customers can now rent 4 types of bikes according to their use on a long period (monthly contract). From the city bike to the mountain one, everybody can find what they are looking for. Prices are low and the maintenance and/or replacement is being taken care by the retailer.

01net - 2020/05/16 - More details

 

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

 

Rechercher
Toggle location