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Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE SWITZERLAND EDITION 2026

Switzerland’s
retail industry,
in focus.

The companies, capital and talent shaping retail in Switzerland. Find the leaders. Understand the segments. See where the activity is.

Explore in Radar Read the key signals
Snapshot: Funding in USD
Illustrated cover for Retail Industry Landscape of Switzerland
CH
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Retail illustration
Companies tracked 1,281Retail ecosystem in Switzerland Disclosed funding $260.92M50 companies · all recorded rounds Companies hiring 45With open roles at the snapshot Tracked open roles 1291 employers posted in the preceding 30 days
MEET THE COMPANIES

Explore Switzerland’s retail leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

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Explore the full landscape
Retail company highlights in Switzerland, snapshot 31 August 2026
Company
Avaavawomen.com$42.43M—3—
Invendainvendagroup.com$28.79M—108—
Advertimaadvertima.com$27.6M—29—
Boostincboostinc.com$18.6M———
Albatross AIusealbatross.ai$15.77M———
Nanoleqnanoleq.com$13.69M—46—
Flummoxgoflummox.com$13.01M—8—
HeiQheiq.com$12.36M—109—
FELFELfelfel.ch—11 roles168—
Galaxusgalaxus.ch—10 roles100—
Manormanor.ch—10 roles——
Valoravalora.com—9 roles15,000—
Coopcoop.ch—7 roles90,000—
landilandi.ch—7 roles——
mobilezonemobilezone.ch—6 roles1,017—
Qiibeeqiibee.com—5 roles14—
ALSO Holding AGalso.com——4,204—
Beaconsmindbeaconsmind.com——22Financial figure available in RadarView in Radar
C&Ac-and-a.com——10—
Orell Fussliorellfuessli.ch————
Oriflameoriflame.com——201Financial figure available in RadarView in Radar
Phonakphonak.com——772Financial figure available in RadarView in Radar
Ricardoricardo.ch——220—
Tally Weijltally-weijl.com——3,000—
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only
THE KEY SIGNALS

Retail industry KPIs in Switzerland

A few useful ratios bring the size of this ecosystem into perspective.

31 August 2026
Hiring participation3.5%

45 of 1,281 tracked companies have open roles.

Funding participation5.5%

70 of 1,281 tracked companies have a recorded round.

Top 3 funding share37.9%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$2.02M

Midpoint of 61 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 37.9% of disclosed capital, while 94.5% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Switzerland retail has grown

Recorded company formation and disclosed funding across the complete annual series shown.

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2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Switzerland retail
$0$11.02M$22.04M$33.05M$44.07M2016: $13.53M20162017: $21.54M20172018: $38.66M20182019: $2.34M20192020: $25.21M20202021: $30.04M20212022: $38.4M20222023: $23.69M20232024: $4.25M20242025: $37.39M2025
View the numbers
Annual retail funding and company formation in Switzerland
YearFunding (USD)FoundedRaising
2016$13.53M574
2017$21.54M615
2018$38.66M795
2019$2.34M759
2020$25.21M1104
2021$30.04M8510
2022$38.4M646
2023$23.69M384
2024$4.25M143
2025$37.39M34
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Ava16.3%
  • Invenda11.0%
  • Advertima10.6%
  • Other companies62.1%

Funding by stage

95 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel50 52.6%
Series A–B20 21.1%
Series C+ / PE0 0.0%
Grants, debt & other25 26.3%

Recent recorded rounds

Latest recorded rounds · USD
3 rounds

Swipe or scroll horizontally to browse.

Seed04/2026
Covalo $4.06M

Backed by Hi Inov and HTGF and others.

Unattributed02/2026
climatex $4.12M

Backed by Collateral Good Textile and Fashion Innovation Fund.

Seed02/2026
Haelixa $2.37M

Backed by Verve Ventures and Zurcher Kantonalbank and others.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

Series B05/2018
Avaavawomen.com$30M

Backed by BlueOcean Ventures and Global Sources and others.

Series A12/2021
Nanoleqnanoleq.com$12.46M

Backed by Capnamic Ventures and Zurcher Kantonalbank and others.

Series A11/2016
Avaavawomen.com$9.7M

Backed by Zurcher Kantonalbank and BlueOcean Ventures and others.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

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Annual accounts availability

No reviewed exact national-ID connector maps Switzerland company identities to the configured global filings table.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Switzerland companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

39 of the 1,281 companies on this page carry a measured traffic record (3%); these are the largest of those, by monthly visits. The median among them is 403,018 visits.

CompanyMonthly visitsAuthorityMobile
Galaxusgalaxus.ch13,227,9407247.1%
Ricardoricardo.ch8,792,6156553.1%
C&Ac-and-a.com6,193,5377773.6%
Digitec Galaxusdigitec.ch6,141,8166036.8%
Migrosmigros.ch5,699,8257671.9%
Coopcoop.ch3,753,3856574%
Oriflameoriflame.com2,739,8386082.8%
Digitec.chdigitecgalaxus.ch1,714,7542742.7%
Triumph Internationaltriumph.com1,611,1466083.3%
landilandi.ch1,356,9355567.1%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

91 of these companies (7.1%) publish at least one Android app — 937 apps in all, carrying 38.5M installs between them.

AppInstallsRatingStore category
Oriflame BusinessOriflame6.5M4.6Business
Encuentra24Encuentra244.7M4.5Shopping
Fashion Days - online shoppingFashion Days4.4M4.7Shopping
myPhonakPhonak4.2M4.5Medical
Migros – shop & saveMigros2.6M3.9Shopping
OriflameOriflame2.4M4Shopping
Ricardo: buy & sell secondhandRicardo1.9M3.8Shopping
Global Blue – Shop Tax FreeGlobal Blue1.3M2.5Travel & Local
anibis.ch: small adsanabis1M2.4Shopping
Coop\'s online supermarketCoop1M3.7Shopping

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q1–2026Q1).

SegmentAppsInstallsLeading appRelease trend
Horizontal E-Commerce1710.5MEncuentra24 4.7M
Beauty & Personal Care Products38.9MOriflame Business 6.5M
Consumer Electronics E-Commerce186MmyPhonak 4.2M
Wearable Technology165.8MMedela Family - Breast Feeding 906.1K
Ent Disorders64.7MBernafon App 348.6K
Fashion Tech104.5MFashion Days - online shopping 4.4M
Audio Tech54.3MmyRogerMic 63.3K
Retail Chains52.7MMigros – shop & save 2.6M

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2023Q2: 162023Q2: 122023Q22023Q3: 412023Q3: 282023Q32023Q4: 462023Q4: 362023Q42024Q1: 702024Q1: 552024Q12024Q2: 452024Q2: 272024Q22024Q3: 722024Q3: 832024Q32024Q4: 422024Q4: 552024Q42025Q1: 612025Q1: 1182025Q12025Q2: 662025Q2: 722025Q22025Q3: 552025Q3: 1102025Q32025Q4: 702025Q4: 1442025Q42026Q1: 472026Q1: 752026Q1

Darker bars are new releases, lighter bars apps updated. 908 of 937 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Switzerland retail market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Consumer digital571
B2c e-commerce535
Internet first brands251
B2c fashion e-commerce204
Enterprise tech181
Internet first fashion brands149
Marketplaces102
Commerce enablers95
Enterprise software94
Beauty e-commerce63
Internet first apparel brands60
Saas49

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Consumer digital

The largest measured segment in this report snapshot.

571companies
2.3%have hiring activity

13 companies hiring · $92.55M disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

E-commerce - product912
E-commerce - service277
Subscription244
Physical commerce210
Commission on transaction200
Advertising150
Fee-for-service66
Sponsorship10
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
Funding roundscovalo.com ↗

Covalo, a Zurich, Switzerland-based provider of an ingredients discovery and data platform for the personal care industry, raised €3.5M in funding round. The round was led by Hi inov with participation from existing investors HTGF and seed+speed Ventures.

Funding roundsalso.com ↗

ALSO Holding AG (SIX: ALSN) has successfully placed a promissory note (Schuldscheindarlehen) of EUR 250 million in the market.

Funding roundsclimatex.com ↗

Climatex has completed a financing round of CHF 3.2 million.

Funding roundsnul.care ↗

Nul, a UK-based healthtech startup, has raised $1 million in seed funding to develop a supported alcohol reduction platform combining clinical care and prescription medication. The round was led by dmg ventures and BYVP, with participation from angel investors.

Funding roundshaelixa.com ↗

Kellerhals Carrard advised Haelixa, as the Swiss deep-tech company has closed a pre-series A financing round. Verve Ventures and Zürcher Kantonalbank led the funding, with participation from impact-focused investor 212.

Mergers & acquisitionsricardo.ch ↗

LT Elevator Limited (BSE: 544518), a provider of elevator solutions and automated parking systems, has announced that its Board of Directors has approved the merger of Ricardo Elevators Private Limited into the Company.

Mergers & acquisitionsarchitonic.com ↗

Sandow Companies announced the acquisition of Architonic today

Mergers & acquisitionsmobilezone.ch ↗

The mobile phone provider Freenet takes over the Germany business of the Swiss company Mobilezone with brands like Sparhandy or Handystar for around 230 million euros.

Funding roundszoundream.com ↗

Zoundream, the startup specializing in AI-driven solutions for infant voice analysis, has secured €4M seed funding to advance its mission of revolutionizing infant health.

Mergers & acquisitionsglobalblue.com ↗

Shift4 successfully completed the Tender Offer on July 3, 2025 to purchase an aggregate of approximately 97.37% of the issued and outstanding Shares.

Full recorded event mix

Top 10 categories among 182 recorded events in the 24-month window.

Mergers & acquisitions
48
Leadership moves
32
Earnings
25
Company announcements
18
Funding rounds
17
Board Updates
16
New products
7
Contracts
7
Buyback
3
Asset acquisitions
3
6 activity cards

Swipe or scroll horizontally to browse.

IPO pipeline

1 companies with recorded IPO activity

IPO · SIX Swiss Exchange1 reports

Leadership moves

24 tracked people moves

Oriflame ↗
Orkun Gül

Appointment Chief Commercial Officer

Jan Bogdanovich

Appointment member of the Executive Board

Alfons Frenk

Resignation Previously member of the Board of Directors

Stefan Klinglmair

Resignation Previously Corporate Vice President of Central Europe

Haelixa ↗
Petri Alava

Appointment Board Member

Ricardo ↗
Mark

Departure Previously Chair

Oriflame ↗
Robert Bensoussan

Appointment Chairman of Oriflame Holding Limited and Oriflame Investment Holding PLC

Galaxus ↗
Matthias Preukschat

Promotion Previously Leader Outbound

Litigation

1 tracked suits

Company
RICHARD MAGAZINE v ricardo

trademark likelihood of confusionRegulatory · Verdict

Earnings pulse

Reported company results in the recorded window.

10companies
25period observations
13.0%median reported growth

Median across 18 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
ALSO Holding AG→swsAnnounced2026-03-19Not stated in snapshot
ALSO Holding AG→entecAnnounced2026-03-19Not stated in snapshot
ALSO Holding AG→westcoastAnnounced2026-03-03Not stated in snapshot
Sandow Companies→Architonic ↗Completed2026-01-12Not stated in snapshot
LT Elevator Limited→Ricardo ↗Announced2026-01-12Not stated in snapshot
wsp→Ricardo ↗Completed2025-12-19Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

458 postings in the preceding 12 months. The full 1,647-posting snapshot covers 33 employers.

Expand panel +

Most advertised job titles

Detailhandelsfachfrau:Mann / Assistent:In74
Verkäufer:In Food63
Assistante / Assistant Du Commerce De Détail Afp49
Detailhandelfachfrau:Mann / Assistent:In48
Assistente Del Commercio Al Dettaglio Cfp28
Logistiker:In26
0 internship postings

3 tracked postings mention remote work.

The seniority mix

198 postings specify a level.

unspecified
1,449
manager
97
senior
37
lead
26
intern
21
entry
17
THE PEOPLE BUILDING THE FIELD

Founders and leaders

409 founders and chief executives across 295 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

26 profiles with education records.

Stanford University
3
HEC Paris
3
University of St.Gallen
3
ETH Zurich
2
Swiss Federal Institute of Technology Zurich
2
University of Cambridge
1
INSEAD
1
Columbia University
1

Prior employers

6 profiles with prior-work records.

Boston Consulting Group
2
Apple
1
Paypal
1
Cisco
1
Google
1

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

225,354 articles in the measured 12-month window.

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225,354articles in the measured year
22,077articles in 2026Q1
19.3%positive tone in the latest complete year

News volume trends

Retail coverage across Switzerland · articles per complete quarter

047,82295,643143,465191,2862021Q2: 18,5352021Q22021Q3: 19,0002021Q4: 16,9832022Q1: 19,8312022Q2: 19,6882022Q22022Q3: 19,1972022Q4: 25,3592023Q1: 26,3982023Q2: 24,8812023Q22023Q3: 21,7372023Q4: 20,2702024Q1: 28,4572024Q2: 32,6942024Q22024Q3: 30,5422024Q4: 30,5692025Q1: 46,1222025Q2: 27,1202025Q22025Q3: 166,3362025Q4: 14,1572026Q1: 22,0772026Q1
View quarterly article counts
QuarterArticles
2021Q218,535
2021Q319,000
2021Q416,983
2022Q119,831
2022Q219,688
2022Q319,197
2022Q425,359
2023Q126,398
2023Q224,881
2023Q321,737
2023Q420,270
2024Q128,457
2024Q232,694
2024Q330,542
2024Q430,569
2025Q146,122
2025Q227,120
2025Q3166,336
2025Q414,157
2026Q122,077

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
25,366 positive · 19,119 neutral · 13,976 negative
2022
36,103 positive · 28,985 neutral · 18,879 negative
2023
37,318 positive · 35,835 neutral · 20,019 negative
2024
45,168 positive · 55,840 neutral · 21,147 negative
2025
48,946 positive · 86,746 neutral · 117,842 negative

Leading coverage topics

Retail coverage across Switzerland · ranked by full-period article count.

International And Transnational Geographic Entities300,219 articles in the full recorded period
61,743 recent · 46,324 prior
Geopolitical Disputes And Contested Areas300,210 articles in the full recorded period
61,741 recent · 46,319 prior
Administrative And Political Subdivisions300,204 articles in the full recorded period
61,740 recent · 46,318 prior
International Sports Competitions19,188 articles in the full recorded period
2,317 recent · 2,434 prior
Olympic Games Coverage11,404 articles in the full recorded period
1,545 recent · 1,431 prior
International Political Relations10,451 articles in the full recorded period
1,462 recent · 1,452 prior
Soccer Women'S Leagues And Competitions10,358 articles in the full recorded period
0 recent · 0 prior
Sports Coaching Strategies8,293 articles in the full recorded period
4,244 recent · 112 prior
Youth Sports Development Programs8,207 articles in the full recorded period
4,206 recent · 109 prior
Winter Sports Coverage7,144 articles in the full recorded period
1,082 recent · 976 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Retail coverage across Switzerland

KeywordRecentPriorChange
countries2,4151,012139%
tariff negotiations1,281419206%
free trade deals734232216%
trade dispute mechanisms662147350%
bilateral trade588145306%
diplomatic strategies34320468%
multilateral diplomacy335145131%
preferential tariff297123141%
women\'s champions league27796189%
trade barrier reduction27182230%
europa league82525-84%
quarterfinals130406-68%
final match73368-80%
final match recaps141315-55%
multilateral accords88142-38%

Event and signal lenses

Retail coverage across Switzerland

All complete annual cohorts shown
Rising

Regulatory Risk

532,632 classified articles

territories, disputed islands, countries

11.0% critical · 8.7% positive
Rising

Funding Momentum

27,559 classified articles

currency intervention policies, inflation reports fx, trade deficits fx

37.2% critical · 44.3% positive
Rising

Growth

40,944 classified articles

gdp growth forex, inflation reports fx, currency intervention policies

31.4% critical · 47.6% positive

Retail coverage across Switzerland. Topic labels describe recorded classifications and can include broad context.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

Expand panel +
8 cards

Swipe or scroll horizontally to browse.

UNDERSTAND THE LANDSCAPE

Retail in Switzerland: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

KEEP EXPLORING

Put Switzerland in context

All landscapes ↗

Company ecosystem snapshot: 31 August 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon