Born in Rouen in 1932, Monoprix has grown from a provincial grocery store to a French retail powerhouse conveying quintessential Parisian style. As the chain’s CEO, Jean Charles Naouri mentioned, Monoprix appeals to time-poor hedonists. Indeed, with products priced 15% more expensive than its counterparts and a children’s range echoing the likes of Bonpoint, Naouri […]
Atlassian: Software products that sell themselves
The Australian company posted $320 million in sales last year, using sophisticated online advertising and positive word-of-mouth but no sales staff. With $320 million in sales last year, you would think the Australian software developer Atlassian would have a large global sales staff. Think again Instead, the company that makes the popular chat and project-management […]
Chinese giant HNA buys out the Carlson Hotel group
The Chinese conglomerate HNA has just added the latest to a string of acquisitions, in the form of US Hotel group Carlson. While HNA already had a portfolio of around 500 hotels, the capture of the Carlson group will almost quadruple that number, and open up the American tourism market. Carlson operates a number of […]
10-Vins to take the world of the wine drinker to a new level
Las Vegas, Nevada, 2016. The scene of the yearly Consumer Electronics Show (CES). Each year, hundreds of thousands of people flock to the expo in the hopes of catching a glimpse of the future. This year crowds were not left disappointed. On display were a variety of gadgets, vehicles and accessories, all designed with the […]
E-loue buys U.S. firm on path to international expansion
E-loue has acquired an American rival as the French online rental platform moves to expand internationally. The purchase of Rental-Compare will enable E-loue (which means E-rent) to operate in the United States. E-loue also plans to launch operations in Denmark, Russia and Israel. By acquiring several other rental platforms in France, the company is expanding […]
Wirecard: a success story in the internet payment service providers market
While many have entered the electronic payment market over the past 20 years, there are few who can boast of having made their way to the top today. Among the biggest players in the market are Western Union, created 165 years ago, and the Californian company Paypal, which arrived on the market in 1998 with […]