Retail, CPG & Luxury Press Review - May

May

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:  Albane Rouaix and Léa Korenian - Consultants in Retail / CPG / Luxury 

Latest global announcements

The online platform for reselling second-hand fashion announces that it has raised 250 million euros in investment. Now valued at 3.5 billion dollars, the application wants to expand in Europe and internationally. But also to recruit talent and strengthen its features.

Reuters - 2021/05/12 - More details

Facebook launches live shopping sessions every Friday. Facebook has partnered with major cosmetics and fashion brands to launch its "Live Shopping Fridays", from Friday, May 21 to July 16. During these live sessions consumers will be able to discover new products from several brands, get advice, make comments, and of course buy the products presented live.

Fashion Network - 2021/05/21 - More details

 

Notable trends

 

After online appointments and virtual fittings, cosmetic brands are going even further to adapt to the health crisis and new consumption patterns: The Body Shop, Jo Malone and Origins cosmetics are delivered by Uber Eats in the United States. Based on the same principle as meals, the delivery platform Uber Eats can now drop off cosmetics in record time at the chosen location. An initiative proposed in the United States, which could quickly land in Europe.

Fashion Network - 2021/05/20 - More details

When, in France..

After Cajoo, Dija and Gorillas, the German start-up Flink is launching this Wednesday, May 12, 2021 with 2 warehouses in Paris. Flink has already opened several dozen dark stores in Germany and the Netherlands. With its deployment in France, Flink will have 200 stores in these three countries by the end of 2021.

LSA Conso - 2021/05/12 - More details

The French food retail company, Danone has been seeking to replace its chief executive, Emmanuel Faber. The nomination as chief executive of Antoine de Saint Affrique hass been announced this month.

Reuters - 2021/05/17 - More details

As the second-hand market is exploding in France, Carrefour juste announced that the company will open 8 new second-hand store in France from this summer. After four successful tests, Carrefour decided to develop this offer. They will be integrated in Carrefour Stores with a corner: "Carrefour occasion"

LSA Conso - 2021/05/28 - More details

 

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