Retail news

• Virgil Abloh fans queue overnight at Wembley Ikea to buy homeware

  01-11-2019 15:11
  People sleep on sofas to be first in line for Louis Vuitton menswear designer’s Ikea rangeA level of hype usually reserved for streetwear drops in London’s Soho or Tokyo’s Harajuku could be found at the Wembley branch of Ikea on Friday morning, as the collaboration between the Swedish homeware store and one of the hottest names in fashion, Virgil Abloh, finally went on sale.The Louis Vuitton menswear designer and the founder of the streetwear brand Off-White is known for having
  
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• Bentley Motors loses trademark battle over branded clothing

  01-11-2019 14:38
  Luxury carmaker may have to destroy its stock after family firm behind Bentley Clothing brand wins 20-year fightBentley Motors has lost a long-running high court trademark battle with a small, family-owned business, which could mean the luxury carmaker has to destroy all of its branded clothing.The high court in London on Friday ruled that Bentley Motors had infringed trademarks owned by Manchester-based Brandlogic, which owns the Bentley Clothing brand. Continue reading...
  
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• Alibaba revenues surge 40% and profits triple

  01-11-2019 13:51 via ft.com
  Shoppers continue to flock to Chinese online retailer despite economic slowdown
  
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• Mike Ashley spent millions on private flights as profits fell 80%

  01-11-2019 11:57
  Cost of billionaire’s love of commuting by helicopter or jet revealed in annual accounts Mike Ashley spent millions of pounds on flights by helicopter and private jet as his company’s annual profit fell 80%, the latest accounts show.The Sports Direct owner’s family also received more than £100,000 of hospitality at Newcastle United, Ashley’s football club.What’s the problem? Continue reading...
  
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• The illustrated city: Glasgow's disappearing independent newsagents

  01-11-2019 11:00
  Will Knight documents the rich individuality of his local shops as they adjust their traditional offerings to stay afloat in the digital agePrecisely observed and recorded, these cross-section and elevation scale drawings depict, in forensic detail, the working and living environments of a number of Glasgow’s independent newsagents, all within walking distance of my flat in the city’s West End. My intent was to celebrate their rich individuality, as well as the transformation of thei
  
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• Tesco Clubcard Plus: is the new £8-a-month deal worth it?

  01-11-2019 08:00
  The supermarket’s loyalty scheme offers up to £40 off a big shop – but you have to pay a feeIt feels a like a return to the 1980s. Tesco is to launch a new Clubcard squarely aimed at getting big-spending householders back into its stores at least twice a month – with the promise of a 10% discount.From 8 November, the chain will start signing up customers to its new Clubcard Plus programme. Agree to pay its £7.99 monthly fee, and you’ll be rewarded with the 10%
  
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• Tesco moves to cut out plastic from range of own-brand products

  01-11-2019 01:01
  Supermarket says it will remove 1bn pieces of plastic by the end of next yearTesco is ditching plastic ready-meal trays, yoghurt pot lids, straws and loose fruit bags in the latest stage of its drive to cut out non-recyclable packaging.The UK’s biggest supermarket chain is aiming to remove 1bn pieces of plastic by the end of next year from its own-label products. Continue reading...
  
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