The Daily Retail News Digest for brands and media – 15/6/23

Main Image:  Peacocks

PRShots Digest brings you the latest retail news from Asos, N Brown, Hugo Boss, LVMH, Nobody’s Child, The Outset, Mint Velvet, and H&M. Plus articles on how to prioritise UX for content creation, how to build a strong brand on social media, who will be top retailer Next or Frasers and more.  

THE LATEST RETAIL INDUSTRY NEWS

H&M reports flat Q2 sales

Net sales at H & M increased by 6% to 57,616m SEK (£4247.97m) in Q2 with the brand blaming unfavourable weather conditions compared to the same quarter last year.

Asos posts quarterly profit as turnaround strategy pays off

Asos Q3 sales fell 14% to £858.9m but reported adjusted EBIT was “up more than £20m y-on-y” with Asos reporting it was “on track” to achieve an adjusted guidance of between £40-60m in H2.

N Brown sales dampened by poor spring weather

Jacamo and Simply Be parent N Brown sales fell 9.9% to £148.7m in the quarter to June 3 but reported this was in line with expectations and there was an “improving trend” over the period.

Hugo Boss raises 2025 sales target to €5bn

Hugo Boss has raised its sales target to €5bn by 2025, up 11% CAGR against 2022 and expects EBIT to reach at least €600m and is targeting growth through bricks-and-mortar retail.

Issa brothers close to £650m Asda property sale

The Issa brothers are on the cusp of successfully selling off 25 Asda stores on leases of up to 20 years to a US investor Realty Income Corporation in a deal worth £650m.

Philip Day’s Edinburgh Woollen Mill owes creditors £167m three years after collapse

Unsecured creditors are still owed £167m three years after the collapse of Philip Day’s Edinburgh Woollen Mill Group empire which included Jaeger, Peacocks and Bonmarché.

Online spending for April down

Adobe Digital Economy Index data for the UK shows £7.8bn online consumer spending for May down 2.5% on April 2023 and down 1.3% on April 2022.

Retailers must do more on diversity and inclusion among top executives

A new report from the British Retail Consortium and the MBS Group says UK retailers must do more to bolster diversity and inclusion among its top executives.

UKFT leads £4m recycling project for waste textiles

UK Fashion and Textile Association (UKFT) is leading a £4m project with partners Marks & Spencer, Tesco, Pangaia and New Look, to divert thousands of tonnes of waste textiles from landfill.

TRENDS, STRATEGY AND TECHNOLOGY

Frasers vs Next: How big are their growing retail empires?

Frasers Group and Next are emerging as the industry’s biggest buyers of businesses in distress as both retail giants have embarked on recent buying sprees.

How Lego is building its empire, brick by brick

Retail Gazette meets Lego Group director Amy Pearson to discuss how the retailer is growing its retail business and appealing to both the young and old.

Why Ikea believes AI will be the next retail disruptor

Ikea vice president of engineering Anca Iordanescu has branded artificial intelligence (AI) as the “next disruptor” for the retail industry.

6 simple automations every B2B organisation needs to have

Discover fresh ways to apply automation in your B2B organisation. Enhance customer experience, improve efficiency and drive growth.

How to prioritise UX for better content creation

Creating your best content involves more than accurate information. Here's why user experience is a can’t-miss feature of effective content.

How to build a strong brand voice on social media

Hootsuite explains how to define your unique brand voice and incorporate it into your social media strategy and beyond.

Google Shopping launches new AI try-on tool for fashion

Google Shopping has launched an AI try-on-tool in the US, it is being trialled by Anthropologie, Everlane and H&M, the tool is currently limited to women’s tops and works for sizes from XXS-4XL.

Amazon is trialling applying artificial Intelligence to summarise user reviews

Amazon is experimenting with using AI to sum up customer feedback on products, to potentially cut down the time shoppers spend sifting through reviews before making a purchase.

LVMH expands partnership with Epic Games

LVMH is increasing its use of Epic Games’ technology to create new virtual experiences across its brands, such as virtual fitting rooms and fashion shows and digital twins.

BRAND NEWS

Nobody’s Child embarks on US expansion with Europe and Middle East to follow

Nobody’s Child is to expand into the US through the launch of online partnerships with Anthropologie and Nordstrom, and its EU and Middle Eastern expansion plans “are also imminent”.

Scarlett Johansson’s The Outset launches in the UK

Actress Scarlett Johansson has launched The Outset, the skincare line she founded with beauty veteran Kate Foster in 2022, in the UK.

Stella McCartney launches bag crafted from banana plants

British fashion designer Stella McCartney is continuing to innovate and invest in leather alternatives with its first-ever bag crafted from Bananatex, an entirely natural, circular and plastic-free material.

Mint Velvet continues with store expansion

Womenswear business Mint Velvet is looking to open six new stores in the next seven months, says CEO and co-founder Liz Houghton.

Valentino is first luxury label to introduce virtual try-ons

Valentino is the first luxury brand to introduce virtual try-on (VTO) for its ready-to-wear collections, with the help of the Farfetch-owned augmented reality app, Wanna.

AND FINALLY

Key Chelsea landlord Earl Cadogan dies

Earl Cadogan, has died at the age of 86. Under Cadogan’s stewardship, Cadogan Estates created some of the key shopping areas in London including Sloane Street, and the King’s Road.

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots Week ending June 9th 2023?

1/ Summer

2/ Father’s Day

3/ Kitchen

4/ Garden

5/ Beach bags

6/ Bedroom

7/ Swimsuit

8/ BBQ

9/ Blouse  

10/ Bikini

COLLABORATIONS ON PRSHOTS

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NEW BRANDS TO PRSHOTS

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.

Jessica Russell Flint is a British designer who creates vibrant, entirely unique hand-illustrated prints, with luxury products ranging across accessories, clothing, sleepwear and homeware.

Tweedmill is a family-run business established in 1971 that creates beautiful British-made blankets, picnic rugs, home accessories and more and are stocked in more than 4000 retailers UK-wide.

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 new summer clothing including dresses, kaftans, jackets and jumpers plus shoes,  bags,  scarfs, accessories and jewellery and kids clothing ranges.

Accessorize has new jewellery, summer clothing, hats, scarves, shoes and bag ranges.

Threadbare has more summer clothing and beachwear from its new Greecian Getaway range.

Peacocks has new womenswear ranges with Louise Redknapp and menswear ranges with Ashley Banjo.

New Look has new women’s summer wear, accessories, and footwear ranges.

PrettyLittleThing has a new GirlsVsCancer holiday outfits for the beach and the clubs, a bodycon range, a festival collection, a Molly Mae Summer edit, a Bridal edit, Kappa and Gemma Owen collaborations, plus beach outfits.

Barbour has new festival fashion ranges for all weathers.

Primark has a new Barbie movie range, band shirts,  a Hip Trip festival range, a Pride range, a Bridgerton range of clothes and accessories, makeup ranges, swimsuits and beachwear.

River Island has new summer holiday ranges from clothes for going out to beachwear.

Curvy Kate has new Senses, Authority, Lifestyle, Wonderfully, Enclose, Boost in Bloom, Scantilly, Twist & Shout ranges.

Roman Originals has new floral outfits, spring and summer ranges in all sizes.

Matalan has new pink and Barbie ranges, Father’s Day gifts, summer accessories, mens Taylor & Wright suits, kids summer outfits and beachwear plus new womenswear.

Oliver Bonas has new fashion, bags, accessories and jewellery collections.

Fatface has new festival wear, beachwear – with a collaboration with the Marine Conservation Society - summer clothing, shoes, bags, jewellery, and accessories.

Seol + Gold has new jewellery and womenswear ranges.

George at Asda has new women’s summer clothing and tops for Father’s Day.

Lipsy  has new Laura Whitmore x Love & Roses collaboration and new Love & Roses collections.

Teva have new sandal ranges.

Daisy Park Has a new range of all-purpose bags.

The Night Store has a new range of Moroccan nights nightwear sets.

Office has mens summer shoes and new sandal and trainer ranges.

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

Very  Bonmarché F&F Silk & Lawn National Trust Shop Shoe Zone Scamp & Dude Dune London Dunelm Tu Clothing Regatta Dune London Men’s TK Maxx Aspiga Nologo

 

Home, garden and food

Cuckooland has new furniture for outdoors.

Ivyline has new Christmas gifts and decoration ranges as well as garden and indoor plant pot ranges for this summer.

Biscuiteers Baking has new ranges for summer, for graduations and for Father’s Day.

The Range has fans to keep you cool,  new beach accessories, homeware, festival gear, and a honey comb collection of kitchen and table ware.

Hobbycraft has new sewing kits, cross stitching kits, gifts, Pride clothing, summer party ranges, Father’s Day gifts, foam mosaic art and paint and sew your own ranges.

Imp & Maker has new food hampers and gift ranges.

B&M has new Natural bathroom, kitchen pantry and Winter Harvest ranges.

Hotel Chocolat has new velvetisers and chocolate gift ranges.

Oliver Bonas has new kitchen gift ranges and home ranges as well as Father’s Day gifts.

Furniture Village has new lounge and bedroom solutions.

Cartwright & Butler has new picnic hampers and Father’s Day ranges.

Daisy Park has new homeware and new Gisela Graham Christmas candle ranges and Christmas decorations.

Wilko has new presents for Father’s Day.

Designers Guild has new ranges for AW23 including John Derian fabric and wallpaper and an Essentials range and an Accessories range.

Cambridge Imprint has new stationery storage ranges.

Next has new Nomadic range of homeware and Reflections, Optimism and Moss Green ranges of furniture, Kitchenware and homeware.

Dobbies Garden Centres has new plants, Meadowmat instant turf, picnic ideas, terrariums and indoors and outdoors ranges  for the home.

Dunelm has new homeware and furniture ranges, plus Disney and Natural History Museum collaborations plus Timeless and Pride & Joy homeware ranges. 

Sofology has new furniture for the home.

George Home has new homeware and outdoor furniture ranges as well as ranges for your pets.

National Trust shop has new picnic and outdoor ranges.

Cutter & Squidge has new coffee ranges, Father’s Day treats, afternoon tea selections and picnic hampers.

See additional new home images from the last weeks from

Joe Browns Cardfactory Homesense Primark Regatta TK Maxx Nologo Studio Fritz Fryer Habitat DFS Primark Home Marks & Spencer Cult Furniture Next Branch Jewellery GettingPersonal Nest

 

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 Father’s Day - 3

Days until Halloween - 138

Days until Singles Day - 149

Days until Black Friday - 162

Days until Christmas Day - 193

 

How to get your brand on the June Editorial Calendars, higher up on search engines and in social media

Summer is here - and hopefully the weather will improve – so add anything summery, including summer clothing, and 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.

We’re also at the start of the festival season, so make sure you add festival or Glastonbury or any of the other big festivals, Isle of Wight, British Summer Time, Boardmasters, Reading/Leeds, to your keyword lists. 

The media are starting to ramp up their summer holiday features, so add swimwear, beachwear, beach, holiday, suitcases, travel bags, travel accessories etc to your keywords. Because of the cost-of-living crisis people are cutting back and are either staying at home, or are thinking of 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 hoodies and cardigans for the colder UK evenings.

Also, look at sports, particularly anything tennis-related for Wimbledon, which is coming up in early July.

 

June Diary - Weeks/Months

June is LGBTQ Pride Month.  It’s also Men’s Health Week (10th-17th), Diabetes Awareness Week (12th-18th), National Picnic Week (18th-26th). Shorter events include - Royal Ascot (20th-24th) and the return of the Glastonbury festival (21st-25th)

 

June - Days

15th – Three years since the end of the first UK lockdown for non-essential shops (England)

15th – National Beer Day (UK)

17th – King Charles III official Birthday

18th – Sustainable Gastronomy Day

18th – International Picnic Day

18th – Father’s Day

18th – Juneteenth

20th – Royal Ascot Starts

21st – Glastonbury Festival Starts

21st – International Yoga Day

21st – Summer Solstice (The end of Spring)

22nd – World Rainforest Day

22nd – Windrush Day

23rd – Take your dog to work Day

24th – Midsummer’s Day

25th – 6 months until Christmas Day

30th – International Asteroid Day

 

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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