Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

Decathalon owners face backlash over Russian expansion plans

Decathalon owners face backlash over Russian expansion plans

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

The French owners of sporting goods store Decathlon could be set to face public backlash after being accused of profiting from Russia’s invasion of Ukraine amid reports it has set out plans to increase its presence in the country.

According to The Telegraph, its owners the Mulliez family plan to take advantage of the space left by its western rivals who have exited the country by expanding the presence of its Leroy Merlin brand.

Leroy Merlin currently operates across 112 locations in Russia, with Decathlon operating around 60 sites.

In a letter reportedly seen by the paper, the bosses of the Russian arm of Leroy Merlin revealed its sales have “significantly increased” in the weeks since the conflict started.

Also in the letter addressed to suppliers the company said that following the “disappearance of certain companies in the market” it is now “open” to proposals “on the increase of supply and the increase of your assortment of products”.

It added that in the next four months it plans to “fully replace imported products with those produced in Russia”.

Since the reports there have been posts on social media from the public expressing their disappointment at the company’s decision.

Previous Post
Bira predicts strongest Mother’s Day in 2 years

Bira predicts strongest Mother’s Day in 2 years

Next Post
Boots to pay for employees’ HRT prescriptions in new menopause package

Boots to pay for employees’ HRT prescriptions in new menopause package