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21.05.26 - 07:18
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′Give every item a long life′: Vinted boss on how the site is moving beyond fashion (The Guardian)
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Having shaken up UK clothes retail, the secondhand marketplace is pushing into phones and cameras – and even booksOnce the preserve of jumble sales and charity shops, “preloved” fashion and homewares are now leading style and shopping trends in the UK. After the rapid growth of online retail, Britain is now witnessing “the normalisation of secondhand”, according to Adam Jay, the chief executive of Vinted's main marketplace arm – a key driver of the trend in recent years.The UK is at the forefront of an international revolution, jostling for position with France to be Vinted's biggest market, and is also one of its fastest growing markets, as the online marketplace moves beyond just selling clothes and into everything from smartphones and books to rugs. Continue reading......
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20.05.26 - 23:48
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Reeves to promise free summer bus rides for children and food tariff cuts in living costs package (The Guardian)
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Chancellor launches 'Great British summer savings scheme' after Keir Starmer postpones fuel duty increasePlanned fuel duty rise to be scrapped, says Keir StarmerRachel Reeves is to promise free summer bus rides for children and cut tariffs on some food imports, as part of a package of measures aimed at easing the costs of the Iran conflict.The chancellor will give a statement in the House of Commons on Thursday, outlining her latest plans for cushioning the blow to consumers from an expected rise in inflation later this year. Continue reading......
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20.05.26 - 22:24
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Airbnb Expands Into Car Rentals, Food, Hotels (Bloomberg)
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Airbnb Chief Executive Officer Brian Chesky says he's trying to build "an ecosystem of services" for customers. The company will help guests arrange for luggage storage, food delivery and car rentals. He speaks on "Bloomberg The Close." (Source: Bloomberg)...
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20.05.26 - 19:00
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The Treasury′s supermarket food price cap wheeze was bananas | Nils Pratley (The Guardian)
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Retailers such as M&S need not worry – the UK is not in a state of emergency and competition is clearly workingCall for food price caps 'preposterous', says M&S boss“Completely preposterous,” said Stuart Machin, chief executive of Marks & Spencer, about the Treasury's proposal for voluntary price caps on food staples. He was outdone in the outrage stakes by City analyst Clive Black at Shore Capital, who thought the government “appears to be losing its mind in an orgy of neo-Soviet policy ideas”.Both men can probably calm down. First, it's not the first time a panicky administration, feeling the heat from cost-of-living pressures caused by rising energy costs, has flirted with the notion of limited and voluntary price caps in supermarkets. The last time was 2023 under the Tory premiership of Rishi Sunak, who is few people's idea of a neo-Soviet apparatchik. Second, as with Sunak's dalliance, it's not going to happen. Treasury ministers on Wednesday barely bothered to defend the...
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20.05.26 - 14:31
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Gastgewerbe in Deutschland: Umsatz fällt auf tiefsten Stand seit Corona (Tichys Einblick)
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Das Gastgewerbe in Deutschland ist im März 2026 real auf den niedrigsten Stand seit der Coronakrise gefallen. Nach Angaben des Statistischen Bundesamtes sank der Umsatz kalender- und saisonbereinigt gegenüber Februar real um 2,2 Prozent, nominal um 1,3 Prozent. Gegenüber März 2025 lag das reale Minus sogar bei 5,2 Prozent. Nominal meldet die Statistik zwar ein
Der Beitrag Gastgewerbe in Deutschland: Umsatz fällt auf tiefsten Stand seit Corona erschien zuerst auf Tichys Einblick....
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20.05.26 - 13:01
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A "Rubbish, Knee-Jerk Reaction": UK Treasury Pushes Food Price Caps As Inflation Re-Accelerates (ZeroHedge)
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A "Rubbish, Knee-Jerk Reaction": UK Treasury Pushes Food Price Caps As Inflation Re-Accelerates
UK supermarkets are being urged by the government to limit food prices in return for easing regulations.
As first reported by The Financial Times, the price caps are 'voluntary' and would apply to key groceries – such as eggs, bread, and milk - according to retail industry sources with knowledge of the plans.
In return, the government has said it would offer “incentives” to the supermarkets, which the people said could include easing packaging policies and potentially delaying costly changes to rules around healthy food.
As one may well expect, supermarkets are understood to be strongly opposed to the plans.
The Treasury has declined to comment.
The proposals come as Sir Keir Starmer's government is battling to address public concern over the cost of living.
Scottish retailers recently condemned a similar policy by the Scottish National Party as a “1970s-style” gimmick.
One ...
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20.05.26 - 12:18
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Call for food price caps ′completely preposterous′, says M&S boss (The Guardian)
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Stuart Machin argues government should reduce tax and regulatory burden on supermarkets insteadThe boss of Marks & Spencer has called a government proposal for voluntary price caps on essential food items “completely preposterous”, saying it should reduce tax and regulatory burdens instead.Stuart Machin, the chief executive of the clothing, homewares, food and beauty retailer, said M&S already lost money on some basic items such as milk, bread and baked beans and made very slim profits on other products such as eggs and sugar. Continue reading......
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20.05.26 - 11:00
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I believed sustainable fashion′s hype. But between Everlane and Allbirds, the letdowns keep coming | Clare Press (The Guardian)
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Sustainability promised to change the industry. With Shein reportedly acquiring Everlane, and Allbirds pivotting from eco sneakers to AI, it seems that promise was mostly marketingIt was always about the money, wasn't it? For a while there, it seemed like the execs opining sustainability is not a trend, it's the future actually meant it. But when yet another global brand drops its net zero goals or stops talking about DEI, you do wonder. Recent headlines include Stella McCartney adulterating her eco gloss with a sustainable capsule collection for H&M – don't worry, she's just “infiltrating from within” – and Lululemon being investigated for Pfas. The letdowns keep coming.Now the internet is reeling from a report that Shein plans to acquire Everlane, the San Francisco-based sustainable basics brand built on “radical transparency”. Shein is the Chinese ultra-fast fashion giant epitomising murky supply chains and crazy-cheap landfill fashion. They release up to 10,000 styles a day, and ha...
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