FRANCE

In 2019, as ever, as the year end approached, retail sales peaked as shoppers made ready for Christmas and the New Year. With the festive buying period kicking off in November, the final two months of the year typically account for a considerable proportion of overall annual retail sales in a substantial number of economies. In light of this, many view the total sales recorded over this period as bellwethers of consumer demand in the individual markets and regional economies concerned. More

OnTheList opened in Hong Kong almost four years ago to help brands shift excess and end-of-season stock. Riding on its success in Hong Kong, Taiwan and Singapore, the company, founded by an enterprising French couple, opens for business in Shanghai later this year and cities across the GBA are very much on its radar. More

On 22 August 2019, the French Minister of Public Action and Accounts, Gérald Darmanin, in an interview with the French financial newspaper “Les Échos,” revealed plans to reform the collection of VAT from e-commerce platforms. More

On 10 July 2019, the French Government presented an ambitious proposal for an “anti-waste” and circular economy law (the Law Proposal) to France’s Council of Ministers. The Law Proposal is divided into four sections, which are titled “Information to Consumers”, “Fight against Waste”, “Responsibilities of Producers” and “Miscellaneous Provisions”. More