DTI backs cheap designer goods
Wednesday 22 September 1999
Responding to a report from a cross-party select committee of MPs, the Department of Trade and Industry supported its conclusion that consumers would benefit from being allowed to buy branded goods imported from outside the European Union and sold at discount prices.
Retailers, led by Tesco and Asda, have battled for 30 months for the right to sell designer labels such as Levi's jeans, Pringle sweaters, Calvin Klein underwear and Nike sportswear at discount prices. They argue that the present system keeps prices artificially high, resulting in British consumers paying up to 70 per cent more than they ought to.
The European Court of Justice upheld the right of branded goods makers to withhold supplies from the likes of Tesco in a ruling in July last year involving Austrian-made Silhouette sunglasses. However, Tesco is taking another test case concerning Levi's jeans to the court at the end of this year.
The Trade and Industry Select Committee report said that once branded goods had been sold by the makers, retailers should be able to buy from any supplier anywhere in the world and import them into the UK.
The DTI said it would continue with discussions within Europe to clarify or amend the legal framework.
Business Outlook, page 19
Harry Potter actor suffered 'severe flu-like symptoms' on a flight from London to Orlando
Rap music mogul accused of running two men over in his truck
World cities ranked in terms of safety, food security and 'liveability'
First full-length look is finally here
"Oink! Oink! Hee hee hee!" First interview with the big-screen star
Biohacking group hopes technology will lead people to think about even more dystopian uses
The party's potential nominations read like a high school race for student body president
- 2 The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
- 3 Ball pool for adults opens in London
- 4 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
- 5 Baldness could soon be treated using stem cells, scientists hope
Woman falls to her death as she celebrates marriage proposal at the edge of Ibiza cliff
Mia Khalifa: Pornhub star claims Drake sent her 'cringeworthy' naked photos on Instagram
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
Ball pool for adults opens in London
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
£41500 per annum: Recruitment Genius: This company is going through a period o...
£10670 - £16640 per annum: Recruitment Genius: This fast growing reinforcing s...
£36000 per annum: Recruitment Genius: A Regional Gas Installation Manager is r...
£29000 - £31000 per annum: Recruitment Genius: A Domestic Gas Service and Brea...