
Digital - April 2021
Beauty. Yves Rocher pushes digital boundaries
For Europe and international sales, the Yves Rocher cosmetics retailer (with fully-owned subsidiaries in 25 countries) is continuing transformation to a digital business. Sales were significantly disrupted in 2020, but a robust trading model built around channels ensured stability. “Our specificity at Yves Rocher is that we have always been omnichannel,” said Alexandre Rubin, Chief Executive Officer of Yves Rocher in France. “We have a well-established omnichannel D.N.A., based on a mail order, physical stores and strong e-commerce. We allow each country to select and run their own partners and channels. We don’t have a rigid rule that says “deploy the same model everywhere”. In 2020, store closures due to Covid-19 caused great...
MORE ARTICLES THIS MONTH
Carrefour has made an offer to takeover Grupo Big, which operates 387 grocery stores in Brazil. The offer values the company (Brazil’s...
In the U.S.A., the restaurant chain Chipotle that specialises in Mexican food has invested in the start-up Nuro, which supplies autonomous delivery...
More digital, multi-functional physical stores, stronger customer relations and taking a step back from a wholesale business model… These are the convictions...
The world’s largest furniture retailer Ikea (turnover of €39.6 billion in the fiscal year ended in August 2020, down by 4% in...
From €35 million in turnover in 2017, the revenue of the organic and eco-responsible pure-player Greenweez has just exceeded €100 million in...
According to Les Echos, BNP Paribas is in a good position to buy Floa Bank (ex-Casino Bank) and integrate expertise for fractional...
Europe, World news - April 2021
Kingfisher. “Old jeans are more useful on your roof than in your wardrobe”
With ‘Bring Back Your Jeans’, created in 2013, the D.I.Y. retailer Castorama continues to integrate into the circular economy. The aim of...
Asia, World news - April 2021
In China, Pinduoduo overtakes Alibaba
The Nasdaq-listed online platform Pinduoduo (Tencent) is growing a competitive audience in China’s e-commerce market. The company reported 788.4 million annual active...
“Relocation is still an epiphenomenon, we don’t see it happening in the fashion retail sector for a number of reasons. Firstly, because...
Can you present the New Flame company ? Francesco Zancanaro : New Flame has offices in Hong Kong, Bangladesh, and China. We own...