Retail Insights from Retail & Tech No1
Retail news and trends to watch out for Opening up. More stores have begun to re-open after...June 2, 2020
Galeries Lafayette re-opens Paris flagship store
French department store Galeries Lafayette re-opened its Paris flagship store on boulevard Haussmann on May 30. The...May 30, 2020
Sephora North America revamps Beauty Insider loyalty program
Sephora has added new features to its Beauty Insider loyalty program in North America, including new savings...May 29, 2020
Ulta Q1 sales down 33%, sees stronger than expected sales at reopened stores
US-based retailer Ulta Beauty said that store closures due to the COVID-19 pandemic significantly impacted sales and...May 29, 2020
Boots UK implements new in-store hygiene measures
UK retailer Boots (Walgreens Boots Alliance) has implemented additional hygiene and social-distancing measures in light of the...May 28, 2020
Galeries Lafayette launches digital personal shopping service
French department store Galeries Lafayette has launched a live video personal shopping service called Exclusive Live Shopping....May 28, 2020
French court allows Printemps to re-open
French department store Printemps received court approval on May 26 to re-open its flagship store on Paris’...May 27, 2020
Macy’s expects 45% decline in sales in Q1
US-based department store Macy’s said it expects first-quarter sales to drop by around 45% to $3bn compared...May 21, 2020
Sephora to launch flagship store on Tmall Global
Beauty retailer Sephora is to launch a flagship store on Alibaba’s cross-border e-commerce platform Tmall Global. Sephora...May 20, 2020
Hong Kong retailer Sincere receives $64.5m bid
Financial services group Realord Asia Pacific is set to offer HK$500m ($64.5m) to acquire Hong Kong-based department...May 20, 2020
Malaysian mall Sunway Pyramid launches online store
Malaysian mall Sunway Pyramid has launched an online store to provide customers with safer shopping during Hari...May 20, 2020
Glossier furloughs staff
Beauty brand Glossier will furlough its retail teams in New York, Los Angeles and London, from June...May 19, 2020
Retail insights from Beauty Insight n°208
Retail news and trends to watch out for -JC Penney is the latest department store in the...May 18, 2020
US April retail sales down 21.6% year-on-year
US retail sales fell 21.6% in April year-on-year to $403.9bn, and declined 16.4% compared to March 2020,...May 18, 2020
JCPenney files for bankruptcy protection
US-based retailer JCPenney filed for Chapter 11 bankruptcy protection. The department store chain group entered into a...May 15, 2020
Neiman Marcus creditor suggests Saks Fifth Avenue deal
US-based retailer Neiman Marcus is potentially exploring a combination with department store chain Saks Fifth Avenue (Hudson’s...May 14, 2020
Bluemercury launches curbside pick-up
US-based beauty chain Bluemercury (Macy’s) launched a contactless curbside pick-up service in select locations on reduced operating...May 13, 2020
Macy’s gains new shareholder
Czech businessman’s Daniel Kretinsky’s Vesa Equity Investment has taken a 5% stake in US-based retailer Macy’s, according...May 13, 2020
Beauty retailers re-open with heightened sanitary protocols
Stores in parts of Europe are gradually beginning to re-open. Yesterday, France lifted some of its lockdown...May 12, 2020
Douglas ceo Tina Müller absent for health reasons
German beauty retailer Douglas announced that ceo Tina Müller will be absent from the company following emergency...May 11, 2020
UK’s Next to launch beauty concept in former Debenhams beauty departments
UK-based retailer Next is set to open a new beauty retail concept The Beauty Hall from Next...May 11, 2020
JCPenney and Sephora to continue partnership
JC Penney and Sephora USA said they have reaffirmed their partnership to operate Sephora boutiques at the...May 8, 2020
Neiman Marcus files for bankruptcy
US-based department-store group Neiman Marcus has filed for bankruptcy. The move has been expected for weeks. The...May 7, 2020
The Perfume Shop resumes online operations
UK-based fragrance retailer The Perfume Shop (AS Watson Group) has resumed its online operations after temporarily closing...May 7, 2020
Sephora seeks to terminate relationship with JCPenney
US-based JCPenney and Sephora’s legal battle has intensified, as the LVMH-owned retailer threatened to close its boutiques...May 6, 2020
Nordstrom to close 16 stores
US-based retailer Nordstrom will close 16 stores, the company said in COVID-19 business update. The retailer is...May 6, 2020
Hong Kong retail sales drop 42% in March
Hong Kong retail sales fell 42% to HK$23bn ($2.97bn) in March compared with the same month the...May 6, 2020
Ulta Beauty launches Curbside Pick-Up
US-based beauty retailer Ulta Beauty has launched Curbside Pick-Up in 350 stores. Ulta Beauty ceo Mary Dillon...May 5, 2020
The future of DTC
Direct-to-consumer (DTC) brands have seen strong growth, but are their strategies sustainable?
May 1, 2020
P&G and Shopee partner to launch virtual household shopping platform
Consumer-goods company Procter & Gamble (P&G) has partnered with Southeast Asian and Taiwanese e-commerce platform Shopee to...April 30, 2020