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Central Group snaps up KaDeWe’s remaining assets. What’s next?

Inside Retail

Central’s acquisition move is not unusual,” Selvane Mohandas du Ménil, International Association of Department Stores managing director, told Inside Retail. According to GlobalData, the Europe luxury retail market size was US$109.8 Nevertheless, many wonder what is the bigger picture behind the investment.

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As millennials embrace natural skincare, Jurlique sees an opportunity to grow

Inside Retail

Born in France, his first job after university was as a product manager for L’Oréal in Tokyo, where he became fluent in Japanese. In some ways, this makes Réthoré the perfect CEO for Jurlique, which was acquired by the Japanese cosmetics company Pola Orbis Holdings in 2011 and has a strong presence in Asia.

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Let them eat $20 smoothies: How Erewhon is reinventing luxury groceries

Inside Retail

Fast forward to 2011, when entrepreneurial husband-wife duo Tony and Josephine Antoci acquired Erewhon, which had relocated to California, and set about creating a luxury food retail empire.

Consumer 278
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Retail appointments of the week

Inside Retail

He launched AmazonFresh in 2007 and has served on the e-commerce company’s senior leadership team since 2011. “I It’s worth remembering that Amazon currently only represents about 1 per cent of the worldwide retail market segment share, and 85 per cent of that worldwide market segment share still resides in physical stores,” Jassy said. “If

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Central Group leads Selfridges buyout in US$5 billion deal

Inside Retail

The conglomerate will be managed from a holding company in London, with the potential for an eventual stock exchange listing, although local management of the stores in other countries will remain, the source said. The source said they plan to increase sales to 8 billion euros ($9.1 Benko made a name for himself as a property investor.