Category Archives: Retail industry

Philip Green’s high court action against Telegraph dropped

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Newspaper will now be able to publish allegations of bullying and sexual harassment

The high court has brought Sir Philip Green’s legal action against the Daily Telegraph to an end, with the newspaper saying it will publish allegations of bullying and sexual harassment against the retail tycoon “in the coming days”.

The Topshop boss had been granted a temporary injunction blocking the Daily Telegraph from publishing allegations of misconduct made by five employees, who had all received substantial payments and signed non-disclosure agreements after settling their claims.

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Factory that supplied Tesco compensated abused worker

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The woman was robbed and told if she protested she would be ‘killed and put in box’

A Bangladeshi factory that produces clothes for Tesco, Sainsbury’s and Mothercare was forced to compensate an “outspoken” female worker after she was beaten up on the orders of management and threatened with being murdered, the Guardian has learned.

The woman claimed to have been “severely beaten up” by security guards and the HR and compliance management at the factory, which is used by the brand Stanley/Stella. She said she was robbed of her severance pay and told that if she protested she would be “killed and her body put in a cardboard box”, an industry watchdog report that endorses her account states.

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Cautious consumers feel the pinch as Chinese economy slows

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Deserted high streets show that after decades of breakneck growth, the world’s second largest economy is faltering

Few people are shopping at the Beijing Yintai Centre, a high-end mall in the Chinese capital’s central business district. Store clerks say foot traffic has been low, even when holiday discounts were offered. Office workers walk past empty shops like Hermes, Dolce & Gabbana and Cartier, eating fruit they have brought for lunch.

Li Xin, 33, who works for a security company nearby, likes to check out the selection of handbags. Her favourites are Chanel and Tom Ford. But recently, she has decided to cut back. “This year I didn’t buy any new bags, because everyone has been saying: ‘Winter is coming’,” she said.

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McDonald’s loses Big Mac trademark after legal battle with Irish chain

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Supermac strips US food giant of trademark across Europe after landmark EU ruling

Pat McDonagh earned the nickname Supermac as an Irish teenager after a barnstorming performance in a Gaelic football match in the late 1960s.

The centre half-back guided his school, Carmelite college of Moate, County Westmeath, to victory over St Gerald’s, a more fancied team.

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Ikea in New Zealand: build-up falls flat with news of a shop in a few years’ time

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Swedish furniture company’s long-awaited announcement revealed ... a long wait for a store

The stage was set, a tentative announcement had been made, and the foreign minister was already claiming credit for it. Breaking news alerts had been sent by the major media outlets and liveblogs prepared to transmit Ikea’s vision for New Zealand to the people. Even Sweden’s ambassador, Par Ahlberger, told those assembled that he was an ambassador for Ikea, according to Stuff.

But on Friday, as the tension reached fever pitch, reality came crashing down like a set of badly assembled drawers. The vision was more a back-of-envelope sketch showing Auckland would get a store and some point in a few years’ time, plus there would be another, smaller one, in the South Island.

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