AGP Executive Report
Last update: 8 hours agoRetail Expansion: El Corte Inglés’ fashion chain Sfera says it grew fast via franchising, adding 28 stores in FY to Feb 28, 2026 (547 total across 17 countries), while exiting weaker spots including Réunion. Energy & Local Industry: Guadeloupe’s Sud-Soufrière geothermal exploration permit has been awarded to Albioma for five years, with drilling still subject to prefecture environmental approval; the firm already holds similar permits in Mayotte and Réunion. Local Business Climate: Montreal’s Mamie Clafoutis faced a second anti-tech attack on its self-service bakery model, after earlier graffiti tied to alleged facial recognition use—raising questions about how tech and retail operations are accepted. Cross-Border Policy: Connecticut lawmakers plan to discuss support for Puerto Rico’s water crisis, including possible National Guard resources, showing how mainland policy can quickly affect island business continuity. Regional Tourism Ambition: Comoros is betting on the 2027 Indian Ocean Games to build a lasting visitor economy, with a proposed accommodation village led by a Réunion-linked figure.
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