The Daily Retail News Digest for brands and media – 11/8/23

Main Image:  Joe Browns

PRShots Digest brings you the latest retail news from Timberland, Sweaty Betty, Jimmy Choo, Versace, Ralph Lauren, Esprit, Watches of Switzerland, Clarks, Monsoon Children and M&S. Plus articles on the 5 key factors for consumer trust, how to get more traction for your blog, a guide to customer experience and more.  

UK avoids stagnation with 0.2% growth

The UK economy grew faster than expected in Q2 with a surprisingly strong June taking UK GDP growth to 0.2%, up from 0.1% in Q1 and the best quarterly reading in more than a year.

M&S executive says Oxford Street decline is driving surge in crime

A Marks & Spencer executive claims a recent crime wave in the West End including the TikTok-inspired mass shoplifting event is a reminder of Oxford Street’s decline.

Amazon axes dozens of in-house clothing brands

Amazon has axed 27 of its 30 in-house labels in the US, leaving it with just its Essentials, Collection and Aware brands as it looks to cut costs and fend off antitrust scrutiny.

Revenue at Timberland and Sweaty Betty owner Wolverine drops in Q2

Wolverine Worldwide owner of Sweaty Betty and Timberland saw a 17.4% decline in Q2 revenues to $589.1m and has described its H2 outlook “disappointing.”

Capri Holdings posts decline in Q1 revenues

Recently purchased Capri Holdings parent of Jimmy Choo, Versace and Michael Kors reported a 9.6% drop in Q1 revenue to $1.23bn with profits down to $48m from $201m.

Wilko has fallen into administration after failing to secure a rescue deal.

Wilko has appointed PwC as administrator following a week of talks of collapse and potential rescue deals. Around 12,000 jobs are at risk as well as the closure of 400 stores.

Tapestry takes over Capri Holding

US brand group Tapestry has bought out rival conglomerate Capri Holdings, owner of Jimmy Choo, Versace and Michael Kors in a deal valued at £6.6bn.

Ralph Lauren Q1 sales rise slightly

Ralph Lauren Q1 revenue was $1.5bn up from $1.49bn in 2022 with net income at $132m up from $123m and expects revenue to increase in the low-single digits for its full-year.

Esprit expects to report H1 loss and revenue decline

Esprit’s unaudited results for H1 will see a fall of around 16.6% in revenue from 2022 to $HK3,025m (£302.97m) and expects a unaudited loss of around $HK715m (£71.62) down from $HK13m (£1.3m).

Watches of Switzerland UK sales hit by tourist tax

Watches of Switzerland UK and Europe sales fell 8% to £219m. CEO Brian Duffy blamed the tourist tax reducing its sales at showrooms in Heathrow and Gatwick to only “40% to 50% of what it was”.

Creditors of Hotter Shoes face a shortfall of £11.6m

The creditors of Hotter Shoes – including parent group Unbound Group - face a shortfall of more than £11m after its collapse into administration despite a rescue deal being completed.

Farfetch to shut down beauty business

Just over a year after launching its beauty business and buying Violet Grey in Jan 2022, Farfetch is exiting the category and will stop selling beauty products on 31 August.

TRENDS, STRATEGY AND TECHNOLOGY

The comprehensive guide to the digital customer experience

Most business leaders know how important it is to deliver a high-quality customer experience, but that can look a little different when your company operates digitally.

What went wrong at Wilko?

Wilko formally collapsed into administration, putting 12,000 jobs at risk. Retail Gazette looks at what went wrong for the value retailer and whether it can be rescued.

Why you don’t need big Barbie budgets to get Barbie results

PRmoment asks PRs what brands can learn about achieving maximum exposure even in present times, when money is tight.

The key factors for consumer trust

PRMoment reveals the five main areas brands should focus on to build consumer trust; reliability, responsibility, authenticity, clarity and consistency.

How to get more traction from your blog

Explore how optimising your blog posting schedule can lead to better SEO and audience engagement.

London in a brand loyalty crisis due to effects of rising costs

Almost two-thirds (60%) of those living in London say they feel less loyal to brands than they did two years ago, according to new research of 2,000 adults in the UK from ServiceNow.

BRAND NEWS

Clarks collaborates with Kurupt FM

Pirate radio station Kurupt FM from BBC comedy series People Just Do Nothing has launched a collaboration with Clarks for a Kurupt FM branded Clarks Wallabee boots.

Monsoon Children reveals revamped design direction inspired by kids drawings

Monsoon Children has unveiled its Autumn Winter collections, with the mission statement: ‘Creative. Curious. Designed by Kids’. Download the range and more here Monsoon.

AND FINALLY

X to auction off old Twitter items

Twitter is holding a giant garage sale to purge the company’s HQ of remnants of the past including standard desk chairs to a large bird cage welded with a Twitter logo bird.

 

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots Week ending August 4th 2023?

1/ AW23

2/ Christmas

3/ Bikini

4/ Beach

5/ Swimwear

6/ Halloween

7/ Candle

8/ Red

9/ Bedroom  

10/ Bathroom

COLLABORATIONS ON PRSHOTS

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NEW BRANDS TO PRSHOTS

Fable England produces bags, accessories and delicate hand-painted jewellery with each piece made with positivity and kindness to uplift the human spirit and to bring joy to their owners.

Neem London produces sustainable, stylish and classic menswear pieces with low emissions, and according to the Guardian is “a label to consider for your wardrobe staples.”

Rebecca Rhoades is a successful and well-acknowledged Leeds-based womenswear designer who specialises in slow fashion featuring beautiful designs that are well known across the globe with influence in the UK, UAE, AU & EU.

Amelia Scott is a new London-based accessories brand created by Jane Hebden, an award-winning watch and jewellery designer. The jewellery range celebrates individuality and embraces the wonderful world of colour.

Lola Starr ranges are designed with the environment and functionality in mind. They source only the highest quality recyclable materials designed to be recycled, recreated and remoulded again and again. They are a British brand that champions local expertise and keeps the carbon footprint to its lowest level.

Arran Sense of Scotland puts quality and fragrance first, so you can be sure that each of their Bath, Body & Home products have been expertly crafted and manufactured with the greatest care on the Island home of Arran.

 

HELP WITH YOUR IMAGE SEARCHES

The latest images on PRShots are found here https://www.prshots.com/whatsnew why not bookmark the page for a regular feed of the latest images on PRShots!! You can select the latest images from the last 24hours, week, or month.

BRANDS WITH NEW IMAGES

Clothing, beauty and accessories

Monsoon has Christmas gifts, new back-to-school kids clothing ranges, plus AW23 womenswear, bags, scarves, dresses, kaftans, jackets and jumpers, accessories and jewellery.

Dune London Mens has new AW boots and shoe collections.

New Look has further August drops of womenswear including jumpers, coats, footwear, bags and jewellery.

Matalan has new AW23 womenswear ranges, jewellery ranges, back-to-school ranges, plus pink and Barbie ranges and summer accessories and a new 20 outfits for £20 or less online range.

Barbour has new winter coats plus autumn dresses, coats, bags, gloves and scarves plus gift ranges for Christmas and back-to-school ranges.

Accessorize has new bags, purses, cardholders, belts, accessories and jewellery ranges.

Joe Browns has new AW23 Autumn Elegance, Charmed Life and Day Dreamer clothing including cardigans, coats, dresses, blouses, trousers plus new footwear ranges.

PrettyLittleThing has a new Ami Charlize and La La Anthony edits.

Roman Originals has new autumn clothes ranges.

Dune London has new shoes and bags for going out, and new ankle and cowboy boots, sandals, trainers, shoes and luggage.

Bonmarché  has new womenswear ranges for AW23.

Primark has a new AW23 clothes for men with the KEM range, women and kids, plus shoes and bags, as well as makeup, new Click and Collect Exclusives, Flexi Formal range plus the Edit AW23 range, monogram bag ranges, back-to-school ranges.

Oliver Bonas has new clothing and jewellery drops for November, as well as jewellery boxes, accessories, footwear and jewellery ranges.

Radley has new bag and shoe ranges for releases in August/September/October AW23 and a 25th anniversary special.

Shoe Zone has new boots and shoes for the autumn and winter.

Peacocks has new back to school ranges.

Threadbare has more summer clothing with a RHS collaboration, cool womenswear and menswear in its Urban Renaissance and Luxe ranges.

Regatta has new kids AW23 and back to school jackets - including the Beamz insulated jacket – bags, torches and new womenswear winter ranges.

Very  has new V by Very and Fig & Basil womenswear ranges for going out, staying in and for the beach plus womenswear from the Everyday range.

Cardfactory has back to school backpacks

Deichmann UK has new winter shoes and boots as well as evening wear and a Barbie collaboration of shoes and bags.

George at Asda has new George clothing, bags, boots and accessories.

Scamp & Dude has new bags, dresses and headbands.

National Trust shop has new jewellery and fashion ranges for Christmas plus summer outdoor gifts plus autumn and winter accessories.

TK Maxx has new mens, womens and kids clothing and back to school ranges for AW23

 

See additional new clothing and accessories images from the last few weeks at

Tu Clothing Curvy Kate From my mother’s garden Fatface Aspiga Cotton Traders River Island Lipsy Teva Daisy Park

 

Home, garden and food

Homesense has new Christmas decorations and gifts, plus AW23 homeware for the bedroom, lounge, kitchen and bathroom and Halloween decorations as well as gifting ranges.

Cuckooland has the Woody outdoor pizza oven, and an innovative 2-person roof-mounted tent.

Dunelm has new back to university student homeware starter packs, autumn Halloween homewares, sewing , Disney, Harry Potter and Winnie the Pooh home and gift, pets, and furniture ranges, and collaborations with Star Wars, the Natural History Museum and Christmas decorations.

Oliver Bonas has new homeware, household gifts and accessories as well as furniture for the bedroom and the lounge and decorations for the tree.

Hobbycraft has made and DIY Christmas decorations.

TK Maxx has new Christmas gift and AW23 home ranges.

B&M has new ranges for the kitchen, bathroom and bedroom plus autumn, Halloween and Christmas decorations and homeware.

Biscuiteers Baking has a Natural History museum collaboration, and new goodies for Christmas from gifts to edible decorations.

Cartwright & Butler has new Christmas hamper ranges.

Hotel Chocolat has new summer gifting chocolate collections including vegan collections and liqueurs.

Cambridge Imprint  has new envelope and paper ranges.

Cult Furniture has new Urban Loft home ranges and dining and office chairs, cushions, and new furniture and lamps.

Next has new homeware and Christmas gifts and decorations and new Natural Rustic furniture ranges plus new bedding and homeware ranges and Halloween homeware.

Cutter & Squidge has Christmas hamper and Christmas food ranges.

Dobbies Garden Centres has new Christmas wreaths, and Christmas gifts and decorations, plus house plant and outdoor living collections.

Primark Home has click and collect exclusives, new AW23 home ranges for kids and adults bedrooms, as well as the kitchen and dining room.

The Range has new Halloween decorations and gift collections.

Very has Christmas decorations.

National Trust shop has new Christmas gifts, decorations and cards plus National Trust Vango camping ranges and things for the garden and home.

Matalan has new decorations for Christmas as well as accessories for the lounge and dining room.

George Home has new things for the home for the lounge, bedroom, bathroom and kitchen.

 

 

See additional new home images from the last weeks from

Marks & Spencer Sofology Wilko Tweedmill Ivyline Imp & Maker Furniture Village  Daisy Park Designers Guild

 

Looking for inspiration?

Our trends lightboxes section has lots of ideas for features and themes but If  you can't find something or you need help then email us at support@prshots.com, and we'll see if we can help

 

DIARY

 

PRShots Retail Calendar Alerts

Days until Halloween – 81

Days until Singles Day – 92

Days until Black Friday – 105

Days until Christmas Day – 136

Days until Valentine’s Day - 187

 

 

How to make your products attractive to the media in August    

Summer is in full-swing and hopefully the weather will improve – ie stop raining in the north and stop being so damn hot in the south. So, there are just a few weeks left to boost your summer-related images before the AW23 images fully kick in.

Plus tag anything relevant with summer/high-summer, and push anything to do with the outside; garden furniture, anything for a garden party, or a picnic or barbecue. Plus, don’t forget to add all of the other spellings BBQ, Bar-B-Que etc and other related keywords like picnics, garden party, garden parties etc and if you have them then firepits and chimineas for the colder UK evenings would be good.

It's also a good time to start uploading your AW23 images. So jumpers, scarves, coats, boots along with raincoats, hoodies, and cardigans will all start to be searched for by the media.

It's also not too early to be thinking about back-to-school items - Scottish schools start again end of August – and university students will be getting ready to sort out their wardrobes and rooms so add fresher(s) and university as keywords to anything relevant.

It’s also still time to add Halloween ideas and Christmas gifts if you have them. 

August Diary - Weeks/Months

Music festivals are still on, so add any festival wear and camping-related things you have and keyword them with festival, particularly in the weeks running up to the August bank holiday weekend with Reading/Leeds festivals 25-27th August. 

The 24th marks 3 months until the Black Friday/Cyber Monday (24-27th Nov) weekend so start preparing for those sales now.

Weeks to celebrate this month include; World Breastfeeding week (1-7th August) the Edinburgh Festival (5-28th August)

August - Days

11th – National Bakewell Tart Day

12th – International Youth Day

12th – National Vinyl Records Day

13th – International Lefthanders Day

13th – National Prosecco Day

15th – VJ (Victory over Japan) Day

16th – National Rum Day

17th – UK Cupcake Day

18th – National Grooming Day

20th – World Honey Bee Day

21st – World Senior Citizens Day

23rd - International Day for the Remembrance of the Slave Trade and its Abolition 

24th – 3 Months until Black Friday

24th – National Burger Day

25th – National Second-hand Wardrobe Day

25th – Christmas in August (4 months until Christmas Day)

26-28th – Notting Hill Carnival

26th - Women's Equality Day

28th – August Bank Holiday

28th – National Red Wine Day

30th - Raksha Bandhan

 

Do you have any news on your brand that you want us to feature, or have a new appointee or a new event that you would like us to feature? Get in touch at news@prshots.com We don't charge, so get emailing now!!!

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