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Belgium s Galleria Inno department stores to be sold

German department store Galeria Inno plans to leave Belgium, selling its 16 stores in an effort to pay off substantial debts the company has accumulated.

Inno-Match Expo underway in city this week

Forum to boost science and technology cooperation

Forum to boost science and technology cooperation   20:00 UTC+8, 2021-05-20       0 The United Arab Emirates, this year s Country of Honor at the Pujiang Innovation Forum, will share its experiences in innovation at the international event in Shanghai.  This year’s Pujiang Innovation Forum from May 31 to June 4 aims to deepen international cooperation in science and technology. The United Arab Emirates, this year’s Country of Honor, will share its experiences in innovation at the forum and will have a national pavilion at the forum’s Inno-Match Expo featuring displays and summits to promote global technology transfer. Some Asian and European countries will also have national pavilions to demonstrate their latest achievements.

INNO reinvents itself and opens online marketplace

Belgian department store chain INNO is abandoning the prefix Galeria to return to its roots. On 6 May, the retailer will open its digital shopping platform inno.be, an online offer that may be extended to other countries as well.   Extending the offline shopping experience Don t say Galeria Inno anymore: from now on it is INNO for short. The subsidiary of the German department store group Galeria Karstadt Kaufhof is returning to its roots and is launching a rebranding in order to be closer to Belgian shoppers. The department store chain launches the new baseline For You and had developed a new visual identity that will be introduced gradually. The stores are also undergoing a metamorphosis: after the renovation of INNO Schoten at the end of 2020, the stores in Liège, Leuven and Waasland Shopping are planned for next autumn. The other stores will follow in the coming years.

Online marketplace provider Mirakl achieves £2 26bn in transactions in 2020

Published on Mirakl, the only enterprise marketplace SaaS platform that empowers both B2B and B2C organisations to launch and grow a marketplace at scale, today announced 110% year-over-year revenue growth and over $3.1B (£2.26B) in gross merchandise value (GMV) transacted 1 on its customers’ Mirakl-powered Marketplaces in 2020. The news follows Mirakl’s securing of  $300M (£219M) in series D funding led by the UK’s Permira, placing the company’s valuation over $1.5B (£1.09B), and demonstrating Mirakl’s unique ability to enable the world’s leading organisations to seize the platform opportunity. eCommerce accelerated dramatically in 2020, with marketplaces capturing a disproportionate share of that growth – UK consumers are now four times more likely to buy from an online marketplace than a retailers’ own website. In order to capitalise on this opportunity, leading enterprises chose Mirakl for its best-of-breed SaaS solution, expertise, and Mirakl Connect ecos

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