Intellectual Property Magazine
Retail therapy
Could shops killed off by ‘the death of the high street’ be revived with the adoption of technology and, if so, how can IP protect such brand extensions? Ruth Burstall explores
Ruth Burstall, Baker & McKenzie
The retail sector has been transformed in the last decade bytechnology and the pace of change shows little sign of slowing.
There has
been much talk of the ‘death of the store’ with the large-scale adoption of
online shopping. However, it is likely that within the next 10 years retailers
will adopt technology which attracts customers back to the high street. In the
future, shops are more likely to be a setting for consumers to enjoy
multi-sensory brand experiences engendered by technology. Intellectual property
law is frequently accused of lagging behind the times and ill-equipped to cope
with advances in technology. However, recent reforms in trademark law suggest
that legislators may be thinking how to accommodate these developments and
clear the path for the registration of more unusual brand elements. Retailers
are likely to use data in combination with technological innovations to
optimise customer experience, so understanding how elements of data can be
protected is likely to become increasingly important to retailers.