Italian ‘buy now, pay later’ specialist Scalapay has completed a funding round worth €131 million ($150 million), that will enable the company to bolster its personnel growth and international expansion plans.
The French luxury giant is strengthening its LVMH Fashion Group division, whose CEO, Sidney Toledano, will be supported by Guillaume Motte, current president for Europe and the Middle East at Sephora, starting May 3.
Jean-Marc Bellaiche took charge of French retail group Le Printemps in September 2020. In this interview, he explains how he is dealing with store closures and the Covid-19 crisis, while working to transform the group.
On Monday, France’s Secretary of State for Digital Affairs, Mouni Mahjoubi, castigated Amazon for not being among the signatories of the code of conduct for e-tailers and the SMEs selling products on their sites.
Google, Amazon and other tech firms will have to tell companies how they rank their own or rival products on their platforms under new rules agreed by EU negotiators aimed at stopping unfair practices.
French retailers warned on Friday that protests across the country against rising fuel taxes and Macron's economic policies could derail the crucial Christmas shopping season that starts with Black Friday discounts.
Upmarket department store Galeries Lafayette said on Wednesday it will sell Boulanger household appliances and multimedia products in its stores, the latest alliance to compete with online giants like Amazon .