November 2021

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:  Flore Gradassi, Léa Korenian, Pierre Le Hegarat and Albane Rouaix - Consultants in Retail / CPG / Luxury 

Top News

The first autonomous store of Carrefour France opened on the 24th of November. Thanks to several technologies, which are similar to those of Amazon Go,  this new type of supermarket will enable shoppers to do their shopping and pay in a few seconds.

LSA Commerce Connecté - 2021/11/17 - More details

Tech for Retail is a brand new event which aims at gathering the key actors of retail in Paris. This event will take place at the Paris Event Center of La Vilette on november 30th and december 1st. Both companies and speakers that will be exhibiting were highly selected based on their ability to provide different point of view on the tranformation of retail. Key companies or speakers from Carrefour, Kering, SMCP, L'Oréal or Google will be there. During 2 days they will focus on topics such as sustainable retail, the last mile delivery, customization & loyalty or the role of influence and data. It might be its first edition, yet Tech for Retail already claims its ambition to be the European equivalent of the very famous NRF in NYC. To be continued…

Fashion Network - 2021/11/22 - More details

Latest global announcements

Virgil Abloh, the Louis Vuitton menswear designer since 2013 and founder of Off White died unexpectidly at the age of 41. He had been fighting a rare heart cancer for over 2 years without telling anyone. His death is a real tragedy for the fashion industry. Be it with the luxury or the fashion and retail industries Virgil Abloh did many colaborations that defintely changed the way people perceive their purchase. He indeed introduced streetart into luxury, but also into common object through his work with Ikea. By doing this he brought a new dimension into retail that will last forever.

Madame Figaro - 2021/11/29 - More details

The world leader of large retailers annouced on Monday that it will initiate his delivery-by-drone service from a Supermarket in Arkansas. Walmart wants to compete with the e-commerce giant which is developing, at the same time, its Prime Air service.

Les Echos - 2021/11/22 - More details

The Richemond Group announced Tuesday its decision to migrate its entire IT infrastructure to Amazon Web Services (AWS), the cloud services subsidiary of the U.S. e-commerce giant.
The objective is to boost the digital customer experience (more dynamic online shopping experiences, personalization, use of video chat ...) but also use a range of "advanced features in the cloud" to fluidify its global activity.

Fashion Network - 2021/11/24 - More Details

Notable Trends

Digital giant Google is teaming up with designer Stella McCartney, the Textile Exchange program and the NGO WWF to develop the "Global Fibre Impact Explorer (GFIE)" tool, aimed at helping the fashion industry become more eco-friendly in its sourcing. For the past two years, Google has been working to develop a tool "that would give companies all the data they need to make more informed decisions about their sourcing". 

Fashion Network - 2021/11/23 - More details
The Luxury industry sales have reached its pre pandemic level. In this article you will discover how the luxury industry is able to reach those amazing figures.
Forbes - 2021/11/19 - More details

Latest announcements in France

Picard, the famous frozen products retailer is expanding its online service. They are now offering to customer the possibility to be delivered in 15 minutes with the application Deliveroo. This new partnership with the fast delivery company has been tested with 17 stores near Paris during 6 months.

Les Echos - 2021/11/16 - More details

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