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The latest retail news from BooHoo, Sosandar, Matalan, L’Occitane, Burberry, Lush, Luxury Closet, Scamp & Dude and articles on the sectors that will win this Christmas, how 4 & 5 star product reviews help sales, adapting to a post-cookie world and more.
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THE LATEST RETAIL INDUSTRY NEWS
Shopping centre investment up 169% in the first half of 2022
Investment in UK shopping centres has increased by 169% year-on-year as investors capitalise on attractive pricing of assets and an anticipated return to pre-Covid shopping habits.
More than nine in 10 UK retail chairs expect consumer spending to fall next year
Ninety-five per cent of UK retail chairs forecast a drop in shopper spending over the next year, and Boots’ parent company chair Stefano Pessina predicts UK will have a “bigger” recession than EU.
GDP (gross domestic product) returned to growth in May
Figures from the Office for National Statistics (ONS) show the UK economy has defied expectations and rebounded by 0.5% in May despite the cost-of-living crisis.
Shopify app downloads dwindle casting doubt over its ability to compete with Amazon
Shopify app downloads have slowed down as the Canadian e-commerce giant struggles to compete with Amazon as a one-stop hub.
Boohoo introduces returns charge to counteract rising costs of shipping
Fast fashion online retailer Boohoo is the latest fashion retailer to put in place a fee for customer returns.
Buy Now Pay Later improves sales for two thirds of UK retailers
Two-thirds of UK retailers report improvements in at least one area of their business sales and performance metrics as a direct result of offering BNPL payment to customers.
Sosandar narrows losses as ‘normal trading conditions’ return
Sosandar has narrowed its full-year losses and hailed the return of “normal trading conditions” following the impact of the coronavirus pandemic.
Victoria’s Secret & Co. cuts management roles, reveals new leadership structure
Victoria’s Secret has cut management roles and restructured to unite the company’s three lines of business - Victoria’s Secret, Pink, and Beauty - as a single, collaborative organization.
Gieves & Hawkes is finally up for sale
The sale process for Gieves & Hawkes has begun following the earlier liquidation of its Hong Kong parent company, Trinity Group. The firm was established in 1771 and has stores in the UK & China
L’Occitane group's sales jump by over 15% in fiscal 2021-22
Cosmetics group L’Occitane, owner among others of L’Occitane en Provence, Melvita and Sol de Janeiro, recorded a 15.8% sales growth to reach €1.78bn.
Matalan Q1 figures to May 28 show a 29% revenue increase to £286.5m, up from £221.8m a year earlier and EBITDA of £44.4m, up from £41.8m.
Levi's on track to sell as many jeans online as in its stores
Levi’s is selling almost as many jeans online as it is in its stores with the company is well on its way to a 50-50 sales split with online making up 37% of total revenue in Q1 2022.
Retail sales fall for the third month in a row as shoppers tighten their belts
Retail sales figures from the BRC and KPMG show total retail sales falling for a third consecutive month with a drop of 1% in the five weeks to 2 July – compared to an uplift of 10.4% in June 2021.
A quarter of UK shoppers plan to shop Amazon Prime Day sales
A quarter of UK consumers - an estimated 13.4m people – were planning to shop this year's Amazon Prime Day sales, according to Finder’s Amazon Prime Day shopping report.
E-commerce sales are set to exceed $1 trillion this year
New research from FTI Consulting predicts that e-commerce sales will hit $1tn by Q3 this year, twice the number of 2018.
Shipping costs ‘biggest threat’ to growth, warn online retailers
Increasing shipping costs, driven largely by inflation and rising fuel prices, pose the biggest risk to online retail growth this year, according to new research.
UK clothing spending rose in June but consumers are increasingly worried
​UK consumer credit and debit card spending rose 6.2% year-on-year in June with clothing up 2.4%, sports and outdoor retail up 4.9%, health & beauty up 1.9% and department stores up 1.8%.
TRENDS, STRATEGY AND TECHNOLOGY
The sectors that will win and lose this Christmas
The cost-of-living crisis is set to bite this festive season, with health and beauty the only sector to see volume growth, Retail Week’s latest report reveals
Why out-of-stock items, shipping speed and cost provoke customer disloyalty
More than 45% of consumers across all age groups claim that out-of-stock messages will send them to another brand, with the percentage rising to 53% among Gen Z shoppers.
How the shift online has changed the way shoppers buy goods
Office for National Statistics (ONS) analysis looks at how online shopping has changed and finds the shift online is more marked in categories from clothing to household appliances
How positive fashion product reviews can more than double online searches
Positive reviews on fashion products can increase online search results with items receiving four and five-star reviews showing an average search growth of 34% in the last three months.
How marketers can adapt to a post-cookie world
Marketing Beat takes a closer look at what the end of third-party cookies will mean for the industry, and how it can adapt to these changes.
How 50 retail leaders are investing in customer experience technology
Retailers are investing in cutting-edge customer experience technologies to drive demand and be front of mind for consumer spend.
4 top tips on how your brand can enter metaverse
The metaverse is uncharted territory, and various strategies will be needed to maximize the impact of branded campaigns. Here are 4 top tips for brands looking to enter the metaverse.
What effect will virtual influencers have?
Virtual influencers are taking the metaverse by storm but is there a trade-off between creativity and authenticity?
PEOPLE, MOVERS AND SHAKERS
Matchesfashion appoints former Asos CEO Nick Beighton as new boss
Luxury online fashion retailer Matchesfashion has drafted in former Asos boss Nick Beighton as its new chief executive.
Joe Browns hires former JD Sports COO as chief executive
Joe Browns has named Peter Alecock as chief executive as it moves further towards its target of a turnover of £100m by 2026.
BRAND NEWS
Bazaarvoice launches new Influenster app to expand its online community
Bazaarvoice has launched an Influenster app, which matches shoppers with brands seeking honest feedback on their products through authentic reviews, photos, and videos.
Burberry launches range of virtual handbags on Roblox
Burberry has introduced a virtual handbag collection on Roblox with one of the Roblox's digital fashion designers Builder_Boy
Lush to invest £7.6m in UK and Europe retail
Lush has revealed new plans to increase its retail investment to £7.6m across the UK, Ireland and Europe with the investment going towards expanding its shops, relocations and redesigns 2022.
Luxury Closet launches in UK as a stepping-stone into Europe
Online resale marketplace for luxury and designer pre-owned fashion The Luxury Closet has launched in the UK as part of a plan to expand within Europe later in the year.
Justmylook to open first physical store with interactive TikTok area
Online beauty retailer Justmylook is set to open its first physical store to offer more than 40 different brands in one space.
Scamp & Dude opens physical store in Marlow
Online fashion brand Scamp & Dude has opened its first flagship store in Marlow, Bucks the 1,569 sq ft high street space was launched by founder Jo Tutchener-Sharp
Superdrug launches market first TikTok campaign
Superdrug is collaborating with TikTok to run a talent competition where entrants complete challenges inspired by the products it sells.
Swim brand On The island relaunches for first post-pandemic season
​Swim and resort wear brand On The Island is making a comeback for SS22 after a pause during the pandemic and in its immediate aftermath.
Moss Bros collaborates with Peaky Blinders
Moss Bros is collaborating with Peaky Blinders: The Rise, an immersive theatrical show that places audiences in the heart of one of the world’s most popular TV series.
AND FINALLY
Apple’s UK stores paid only £800k in tax
Apple’s retail division paid just £796,000 to HMRC in tax last year after making hefty payouts to employees through a stock option scheme.
PRSHOTS TOP 10 SEARCHES
What were our users searching for on PRShots week-ending July 8th 2022?
1/ AW22
2/ SS22
3/ Christmas
4/ Halloween
5/ Gingham
6/ Tropical
7/ Dress
8/ Denim
9/ Jewellery
10/ Blazer
COLLABORATIONS ON PRSHOTS
Our PRShots brands are looking for media and influencers who want to work with them on collaborations. Register for free at PRShots new collabs service to find out more https://collabs.prshots.com/
NEW BRANDS TO PRSHOTS
Wild Clouds started because they wanted more from their clothing. More sustainability, more longevity, more versatility, more comfort, and they wanted them to be affordable. They’re committed to slow fashion, making seasonless clothing locally in London, using the most sustainable materials they can find.
Threadbare is a proud family-owned British brand bringing great quality up-to-date fashion trends for men, women, children and dogs at affordable prices. Elevated, everyday, essentials
Ivyline creates contemporary accessories for the home and garden. Founded in 1976 the UK team works on everything from initial design to eventual dispatch. It’s ethical product range comprises everything from fire pits and candles to planters, plant pots and everything in between.
Sarvin is a Persian influenced brand, delivering ethically conscious womenswear with distinctive, high-quality garments handpicked from the finest fabrics and materials designed with the majority of the clothes made in the UK.
Chi Chi started in 1982 as a creative family-run design house offering bespoke couture with inclusive sizing and shapes that embody the belief that fashion is for everyone, irrespective of our differences. The brand has now expanded and has moved from couture to the mass market.
Teva produced the original sport sandal on the shores of the Grand Canyon back in 1984. Born out of necessity to prevent sandals from floating downstream, a resourceful river guide strapped two Velcro watchbands to a pair of old flip-flops. And just like that, Teva was born.
Chinakwe is a contemporary, Afro Lux, art and lifestyle brand. Founded by artist, stylist and designer, Caroline Chinakwe and is rooted in the artist’s African heritage and European upbringing and embodies bold colours to depict her cultural influences.
Cutter & Squidge is a family-run, all-natural bakery created by two food-obsessed sisters. Playfulness is their passion, they love to create exciting, experimental flavours and artisan designs. Their bakes and gifts are lovingly handcrafted to taste delicious and look exquisite on any occasion.
Peacocks was founded by Albert Frank Peacock in Warrington, in 1884 with the principle of value for money and that still holds today with its good value clothing ranges for men, women and children. The latest Weekend range features brand ambassador Louise Redknapp.
Bonmarché returns to PRShots with its Spring Summer 2022 range if women’s clothing. The range features long, midi and short dresses as well as jackets, swimsuits, shirts and t-shirts
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
Sonder Studio has new AW22 ranges
F&F has new denim ranges
Dune London has launched its new kids shoes collection and July drops
Dancing Leopard wrap dresses
M&Co has new summer clothes and accessories for kids and adults
George at Asda has new womenswear
Roman Originals has more new SS22 outfits
Aspiga has AW22 ranges
NoLoGo has new big colour ranges
River Island has accessories and new summer clothing imagery
See more new clothing and accessories images from the last two weeks from
Shoe Zone Pink House Mustique Freemans Primark Matalan Lemuel MC New Look Cotton Traders PrettyLittleThing Very Joe Browns Seol + Gold From My Mothers Garden Cocoove Cath Kidston Monsoon Hotter Barbour Lipsy Feel Unique Radley NoLoGo Crew Clothing Fatface Hope Fashion TK Maxx Dune London Mens Marks & Spencer Wilko Oliver Bonas
Home and food
Matalan has new Christmas Homestore images
Furniture Village has new Christmas imagery
Fritz Fryer has new lamps and chandeliers
Daisy Park has new decorations and light for outside and in
Wilko has new outdoor summer wares and holiday essentials
Abstract House has new canvasses for all tastes
Designers Guild has new AW22 ranges
Cambridge Imprint makes very newsworthy card
Dobbies Garden Centres has new home goods, pet accessories and Christmas decorations
See more new home images from the last two weeks from
George Home Cult Furniture The Range Homesense Cuckooland Marks & Spencer Parker Knoll Hotel Chocolat Primark Cambridge Imprint Nest TK Maxx Cartwright & Butler Very George Home Oliver Bonas Dunelm Lights4fun Cath Kidston Oak Furnitureland DFS NoLoGo National Trust Shop M&Co Pink House Mustique Sofology Joe Browns Next Paperchase Fatface Next
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
How to make your products attractive to the media in July
Summer is here so keep on adding anything summery to your keywords and descriptions eg summer clothing, swimwear, and push anything to do with outside so garden furniture, anything for a garden party, or a picnic or barbecue, and don’t forget to add all of the other spellings BBQ, Bar-B-Que etc and other related keywords like picnic.
As we’re now free to go where we like and the festivals are back up and running the mags and websites influencers are all looking for festival wear, beachwear (bikinis, shorts, trunks etc are all being searched for), and the latest trends in summer clothing with gingham, ditzy, Y2K and retro all seeing more traffic
But not everyone is going abroad, the cost-of-living crisis is cutting the money in everyone’s wallets so shoppers are looking at holidays closer to home, so add in keywords and phrases like “staycation” “holistay” “holiday at home” to your keywords and why not suggest clothing like raincoats, coats, hoodies, and cardigans and if you have them then firepits and chimineas for the colder UK evenings would be good.
July Diary - Weeks/Months
July is Independent retailer month, and National Ice Cream month in the US, the start of the Commonwealth games in Birmingham (28th Jul - 8th Aug), plus the UEFA Women’s Euros (6th-31st July), and Cowes Week (30th Jul - 5th Aug).
July - Days
14th - Bastille Day (France)
17th – National Ice Cream Day (US Third sundae in July 😉)
18th - Nelson Mandela International day
22nd – Start of the school holidays
24th – National Tequila Day (US)
24th – National Parents Day (US 4th Sunday in July)
25th – Christmas in July (5 months until Christmas)
28th – Commonwealth games Birmingham opening ceremony
29th - Muharram/Islamic New Year
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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