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
Latest global announcements
The Italian Moncler, known for its high-end parkas, follows the trend already launched by several luxury houses and renounces the use of animal fur. This step "is based on the commitment of the brand with the Italian animal welfare organization LAV representative of the Fur Free Alliance, according to the brand. This announcement was followed by the launch of a collection made from entirely recycled materials.
French fur industry took the opportunity to alert on the " pressure from animal rights organizations" that harass and manipulate companies in the clothing sector.
Le Parisien - 2022/01/25 - More details
Notable Trends
Following the implementation of the the anti-waste law in January, prohibiting the destruction of unsold goods, the luxury industry has had to reinvent itself.
The most obvious strategy is to improve inventory management, which can be achieved through the use of artificial intelligence. If this is not enough, it is always possible to sell unsold goods to employees, to donate them to associations or to create new items from old collections. A last solution is to establish partnerships with companies specialized in the transformation of unsold goods, whether they are textiles or leather, into raw material. It should be noted that today, with the economic recovery, the Houses must to deal with stock-outs rather than surpluses.
The fashion industry is regularly pointed out for social and environmental practices. To ensure the ethical quality of their sourcing, some brands like SMCP (Sandro, Maje, Claudie Pierlot, de Fursac) are taking actions. The group has indeed decided that a QR code will be assigned to all its clothing within three years at the latest. By scanning the QR Code, the customer will have all the details of the product: country of origin of each material, number of kilometers traveled, place of manufacture ... To do so the group relied on a start-up called Fairly Made which is specialized on this topic. Establishing such a traceability is a vast project that do not only rely on the group but also on the ability of all SMCP suppliers to fill in the data.
Le Figaro - 2022/02/22 - More details
Delhaize and Selecta are launching a ready-to-use and adaptable concept store for compagnies - Shop&GO. It works without any staff and will be opened 24 hours a day. The first store opens this week in Belgium. Delhaize and Selecta are aiming at developing around a hundred Shop&Go.
LSA - 2022/02/25 - More details
Latest announcements in France
After years of uninterrupted growth, organic sales came to a sudden halt in mid-2020. Organic sales have fallen by 3.1% in general supermarkets in 2021, while in specialized supermarkets, they are barely above 1.3%.The main reasons of this turnaround are the following : the working and middle classes have considerably slowed down their spending on organic food, the price remains a powerful brake and las but not least this segment is much less pushed by the traditional distribution. This growth crisis could destabilize the sector, from upstream to downstream, if nothing is done.
LSA - 2022/02/22 - More details
The DIY brand gets into partnership with the leader of reconditionned products, Back Market, and opens a shop of reconditionned products on its e-commerce website and on Back Market's platform.
Ecommercemag - 2022/22/02 - More details