Retail news

• How a £1 bikini revealed the changing shape of fast fashion

  22-06-2019 17:00
  Missguided’s bargain swimwear made headlines last week, but the episode showed how high-street names have been left behind by nimble online firmsIt was billed as the bikini that “won’t break your bank balance but might break the internet” because of the predicted stampede of shoppers to get their hands on a skimpy black polyester two-piece.The £1 costume from Manchester-based online retailer Missguided went on sale nearly a fortnight ago, but hit the headlines last
  
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• Czech billionaire offers to buy Germany’s Metro for €5.8bn

  22-06-2019 12:22
  EP Global Commerce controlled by Daniel Kretinsky already owns 10.9% of German retailer
  
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• The story of a £4 Boohoo dress: cheap clothes at a high cost

  22-06-2019 08:00
  Online retailers such as Boohoo and Missguided are booming, but critics say there is a hidden priceIt comes in red, mustard and black, in sizes 6 up to 16; the bandeau bodycon minidress, is, according to the online retailer Boohoo, “perfect for transitioning from day to play”.It is not so much the styling and colour, but the price of the £5 dress – reduced this week to just £4 – which attracts thousands of the thriving retailer’s 5 million UK customers t
  
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• The real cost of cheap, fast fashion – to workers and to the planet

  22-06-2019 08:00
  Online retailers such as Boohoo and Missguided are booming, but critics say there is a hidden priceIt comes in red, mustard and black, in sizes 6 up to 16; the bandeau bodycon minidress, is, according to the online retailer Boohoo, “perfect for transitioning from day to play”.It is not so much the styling and colour, but the price of the £5 dress – reduced this week to just £4 – which attracts thousands of the thriving retailer’s 5 million UK customers t
  
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• NGO's softly-softly tactics tackle labor abuses at Malaysia factories

  22-06-2019 08:00
  Transparentem didn’t rush to expose abuses at five factories and shame their western customers – instead it asked the companies to work with the factories to fix the problemsThe 18-month investigation unearthed serious abuses at five apparel factories in Malaysia – hundreds of migrant workers had paid illegal recruitment fees that sometimes exceeded a year’s pay, while four of the factories retained the workers’ passports, turning them into forced laborers unable to
  
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