Hema plans on focusing on its own stores and online channels within the Benelux and France even more than before. After withdrawing from the United Kingdom and Spain, the retailer is also discontinuing its collaboration with Dutch Wehkamp and French group Casino.
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It is a collaboration between two powerhouses: streaming service Netflix is going to sell merchandise from various popular TV series through the world's largest retailer, Walmart. Is it a coincidence that the announcement comes at a time when Netflix is enjoying massive success with its hit series Squid Game?
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German online fashion platform Zalando will add dozens of luxury goods brands to its range and collaborate with the designer platform Not Just A Label (NJAL).
Setting up sales points in hypermarkets: the recipe seems to be working for C&A because this summer, the retailer has again opened two shop-in-shops in France, this time at Cora. Last year, the fashion chain set up a similar partnership with Géant Casino.
Walmart is opening up its e-commerce solutions to other retailers. Through a partnership with Adobe, the supermarket chain will integrate access to its marketplace, as well as its various online and in-store fulfilment and pick-up technologies, into the Adobe Commerce Platform.
French luxury group LVMH is acquiring a 60% stake in Off-White, the label of designer Virgil Abloh who has been responsible for Louis Vuitton's men's collections since 2018.
Campari and LVMH subsidiary Moët Hennessy are joining forces online: the beverage producers are forming a joint venture, with which they will invest in e-commerce.
US department store chain Nordstrom is taking a minority stake in four clothing brands owned by British online fashion retailer Asos, in a bid to attract a younger audience.
Delhaize and Foodmaker are structuring their partnership: the supermarket chain will become the exclusive "main franchisee" of the Foodmaker restaurant concept in Belgium and Luxembourg and will be responsible for further developing the network.
LVMH, the luxury holding company above Louis Vuitton, has announced a partnership with Google Cloud. With Google's help, the luxury giant wants to focus on artificial intelligence and personalisation.
Carrefour is said to be in talks with its Moroccan franchise partner Label'Vie regarding managing some of its so-called ethnic stores: these are supermarkets in neighbourhoods and suburbs with a large Muslim community, in which the French retailer is struggling to make a profit.
JD.com performed better than expected during the first quarter, driven by strong domestic demand. Meanwhile, services such as logistics are becoming increasingly more important for the Chinese e-commerce giant.
Edeka has increased its stake in Picnic. Since last week, the top man of the German group, Markus Mosa, is also board member at the Dutch online supermarket.
Carrefour is entering into a cooperation with the Scandinavian purchasing group Coop Nordics. Carrefour's private labels will get distributed in the 4,500 supermarkets of Coop.
Belgian hypermarket chain Cora expands its store La Louvière with a shop-in-shop for babies clothing of French fashion retailer Kiabi.
Yesterday, Beyond Meat announced slightly disappointing quarterly results. Alongside these results, the producer of meat alternatives announced new deals with McDonald's and Yum!, the owner of KFC and Taco Bell, among others.