Blog: Talking shop at Tesco

Joe Ayling | 19 April 2011

just-style has been invited into London this morning for a media briefing on UK retail giant Tesco's full-year results. The figures could hardly be described as sluggish - with profits soaring 11.3% on strong Asian demand - but domestic demand was down.

In terms of clothing sales, which reached the GBP1bn mark last year, the UK is where its at for Tesco.

On the way here I encountered the bullish tactics of another western food bohemoth, McDonald's, when a street rep handed me not one but 25 Big Mac vouchers. Not only that, but the vouchers are only valid today. Tesco will need a more effective tactic to continue its progress on UK soil.

The venue for today's briefing is The Royal Bank Of Scotland, and where else for a supermarket raking in GBP3.54bn profits last year.

Follow further coverage on just-style throughout the day and also on Twitter.


BLOG

Apparel sourcing rules under NAFTA 2.0

The new United States-Mexico-Canada Agreement (USMCA) – also dubbed NAFTA 2.0 – has finally been agreed, but what does it mean for apparel sourcing? Here we take a close look at the new apparel-specif...

BLOG

Trade tremours continue to reverberate

Following more than a year of talks, the United States, Canada and Mexico have reached agreement on a renegotiated North American Free Trade Agreement (NAFTA) – which will be called the United States-...

BLOG

New customisable options for consumers

Italian sportswear firm CP Company is looking to tap into the growing demand for customisable apparel with a 'Bespoke' project that allows customers to select their preferred colour in its signature g...

BLOG

Are fashion and sustainability out of step?

The global fashion industry is on a trajectory set to stretch planetary resources beyond breaking point unless it finds better ways of producing, using and disposing apparel....

just-style homepage



Forgot your password?