Latest Articles in Retail

Artificial intelligence can unlock up to 320 billion euros for European retail

Amsterdam — Artificial intelligence is no longer a future trend but an active force reshaping the European retail value chain. A collaborative report 'Rewiring retail in Europe: The AI imperative' published by European retail association EuroCommerce and global management consulting firm McKinsey & Company last week, reveals that end-to-end AI...

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Naf Naf's revival strategy: revised pricing and shop-in-shop format

Saint-Malo, France - The Beaumanoir group announced on Wednesday the integration of the Naf Naf brand into La Halle stores. This reorganisation follows the acquisition of the Naf Naf and Jennyfer brands, finalised in summer 2025. Through this move, the group is accelerating its multi-brand strategy in the lifestyle market and aims to target a...

Retail

Germany's payment landscape shifts: Cashless transactions lead, but cash remains popular

Frankfurt - Card and smartphone are replacing notes and coins. Consumers in Germany made their daily purchases more frequently without cash last year, a representative study by the Bundesbank has revealed. Cash was still by far the most used payment method in Germany in 2025, but for the first time since the central bank's initial analysis in...

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ING forecast: ‘agentic commerce’ to further shrink brick and mortar retail

Amsterdam - Following the rise of e-commerce and social commerce, the emergence of agentic commerce is placing further pressure on brick and mortar stores. This is according to a new market analysis by ING Group. Agentic commerce helps consumers shop via autonomous AI agents that independently select and purchase products for the online...

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French consumers set new clothing consumption record in 2025

Paris – French consumers set another record for new textile purchases in 2025, buying 3.6 billion items, or 10 million per day, the eco-organisation Refashion announced in a press release on Wednesday. Consumers purchased an average of 43 items of clothing per person in 2025, one more than in 2024. They also bought four pairs of shoes and 12 new...

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Ikks invests following acquisition, reopens stores and rehires employees

Paris - IKKS's new owner, Santiago Cucci, is projecting "double-digit growth" by 2027 for the once-struggling fashion company. The plan includes re-establishing a presence in Spain, taking over ten additional stores, rehiring previously redundant employees, and an investment of 17 million euros. "We have changed everything," said Santiago Cucci,...

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BHV Marais sold to management team: partnership with Shein ends

SGM, co-founded by Frédéric Merlin, announced on Tuesday that it is selling the business of BHV Marais to the Parisian department store's “management team”. The team has decided to “end” the controversial partnership with Shein, calling it a “strategic mistake”. Société des grands magasins (SGM), which has operated BHV Marais since 2023, has...

Retail

Modern Ambition announces Canadian expansion plans

Emerging menswear brand Modern Ambition, part of fashion company Mondetta Canada, Inc., has announced plans to accelerate its growth across Canada with new retail locations slated for Toronto, Calgary and Vancouver, alongside a “significant investment” in a first-of-its-kind luxury mobile showroom. In a statement, Modern Ambition, which is...

Retail

Duo store: Filippa K opens new store with brand Oscar Jacobson

Two Swedish brands have joined forces. Fashion labels Filippa K and Oscar Jacobson are sharing a store in Malmö, Sweden, according to a press release. With this collaboration, the brands aim to create a “stronger and more inspiring customer experience”. Both brands have been part of the Scandinavia Heritage Group since May 2025. “This opening...

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Zara creates its 'casita' and launches 'The Fold-er': an editorial section with influencers and trendsetters

Madrid – Zara has launched a new initiative. As part of its strategy to continuously offer “the best possible experience for our customers,” in the words of Óscar García Maceiras, chief executive officer of Inditex, the Spanish fashion multinational's flagship chain has just launched “The Fold-er”. This is a new section on its online platforms,...

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James Perse opens first Paris store in Golden Triangle

Los Angeles-based fashion brand James Perse is strengthening its international physical retail network. According to an official press release, the brand opened its first French flagship on June 5, 2026, at 26 rue François Ier, in the heart of the capital's 8th arrondissement. The approximately 650 square metre space is spread over three levels...

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Macy's, Dick's, Target, Walmart: How major US retailers are leveraging the FIFA World Cup 2026

With the opening whistle of the FIFA World Cup 2026 blowing today, a month-long celebration of football–or soccer–begins across the host nations of the US, Canada, and Mexico. The event is expected to contribute 30.5 billion dollars to the US gross economic output alone, according to Goaleconomy, with retail and real estate positioned as sectors...