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Home Business

Burberry launches High Court action against discount retailer B&M

by wireopedia memeber
December 4, 2024
in Business, Finance
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Burberry launches High Court action against discount retailer B&M
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Luxury fashion brand Burberry has taken legal action against discount retailer B&M over potential trademark breaches.

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Burberry launched High Court proceedings on Monday under trademark grounds, indicating concerns the discount chain was falsely representing their goods as Burberry.

Neither Burberry nor B&M gave Sky News further detail.

Money latest: Taxman issues clarification on selling items online

B&M has sold a line of “furberry” branded dog bowls, toys, animal blankets, mats, and beds this year.

The items featured a print with a beige background and red, white and black checks.

It is not known if the claim involves the “furberry” products.

Both Burberry and B&M are public companies listed on the London Stock Exchange.

Last year B&M bought as many as 50 shuttered Wilko stores after the retailer collapsed into administration.

Burberry has been struggling in recent months with its share price depressed to such an extent that it fell out of the Financial Times Stock Exchange (FTSE) 100 index of most valuable companies on the London Stock Exchange.

It had been a stalwart of the FTSE 100 for 15 years but is now a constituent of the larger FTSE 250. After senior management changes and a November strategy update, its values have climbed.

Read more:
What went wrong at Burberry, the UK’s only global luxury brand?
First rail companies to be nationalised are revealed

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Burberry said it will not be commenting on the High Court action.

B&M did not respond to Sky News’ request for comment. Burberry’s solicitors Taylor Wessing also did not respond.

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