The Daily Retail News Digest for brands and media – 18/5/23

Main Image:  PrettyLittleThing

PRShots Digest brings you the latest retail news from The Works, Boux Avenue, 16Arlington, Burberry, JD Sports TK Maxx, and Primark. Plus articles on how shoppers envision the future of retail, making care and repair work in-store, how Authentic Brands Group transforms brands and more.  

THE LATEST RETAIL INDUSTRY NEWS

The Works sales increase

The Works saw sales up 6.1% to £316.6m in the year ending May 2023, and expects its adjusted EBITDA for the financial year 2024 to be in line with the forecast of around £10m.

UK Consumers racked up £4.9bn ‘Buy-Now-Pay-Later’ debt in first four months of 2023

The latest Adobe Digital Economy Index shows UK consumers spent £8.0bn online in April down 1.7% from march, and down 2.2% YoY and also racked up £4.9bn in BNPL debt in the first quarter.

Burberry delivers ‘strong financial performance’

Burberry’s revenue grew 10% with store sales rising 7% for the year to April and gross profit was up 9% to £2.1bn with strong performances in outerwear (up 7%) and leather goods (up 12%).

JD Sports ups the war chest for acquisitions

The CEO of sportswear retail giant JD Sports Fashion Régis Schultz has increased the group’s war chest by another £200m to £550m to help grow the business in the UK, Australia and New Zealand.

British Land loss-making as interest rates bite

Despite a 96.7% occupancy rate and 6% rental growth retail landlord British Land recorded an annual pre-tax loss of £1.04bn versus a profit of £965m a year earlier thanks to high-interest rates.

TK Maxx parent TJX Q1 earnings up

TK Maxx parent company TJX Companies net sales were up 3.3% to $11.8bn in Q1 with net income up 51.8% to $891m and expects sales to be at 2-3% up for the full year ending Feb 3 2024.

Primark launches new website for US shoppers

Primark has stepped up its US expansion with a new website for American shoppers. The website features a much larger range of products (about 60%-80% of inventory) and better imagery.

Selfridges named most affordable rental platform

Selfridges has been named as operating the cheapest UK rental platform for 10 of the most popular rental labels’ dresses when booked over a four-day period.

Buy Now Pay Later schemes used by 14% of online shoppers

Figures for March 2023 show BNPL was used as a payment method in 14% of all online purchases, an increase from 12% in January 2023.

ASA to ban adverts making misleading climate positive claims

The ASA (Advertising Standards Authority) has said it will ban adverts making misleading or exaggerated climate positive claims following concerns over the validity of carbon offset schemes.

YouTuber KSI ad for JD Sports banned by watchdog

An Instagram post by from November 2022 by YouTuber KSI - who has 12.7m followers - promoting JD Sports has been banned after he failed to clearly mark it as an ad.

16Arlington wins BFC/Vogue Designer Fashion Fund 2023

The British Fashion Council (BFC) has announced cult London label 16Arlington as the winner of the annual BFC/Vogue Designer Fashion Fund.

Sainsbury’s opens its most energy-efficient supermarket ever

Sainsbury’s latest flagship supermarket in Hook, Hampshire is predicted to use half the energy of a similar-sized Sainsbury’s and 25% less electricity than its other most energy-efficient supermarkets.

TRENDS, STRATEGY AND TECHNOLOGY

How Authentic Brands Group transforms brands with “broken business models”

Ted Baker parent Authentic Brands Group president for EMEA & India Henry Stupp describes the US group’s playbook when it comes to acquiring new and sometimes non-fully functional brands.

How shoppers envision the future of retail

New data reveals what the next generation of consumers is expecting from high-tech innovations and how they envision them incorporated into the shopping experiences.

How can bricks and mortar fashion stores make care and repair work?

According to global research, in-store repair services or recycling points are the top services related to sustainability that would positively influence any decision to visit a physical store.

 Gen Z users are turning to social media for money-saving content

Consumers are rethinking the value of social media and are looking to it for money-saving content, so brands need to be cautious they don’t fall “out of touch” and push the wrong buttons.

Everything you need to know about social media compliance

Social media compliance just means following the rules when using social media to engage with the public. But it's not exactly that simple.

Why AI will make the greatest impact on B2B audience insight, not on content

AI tools can unlock insights into your audience's behaviours and motivations, leading to improved performance.

eBay buys authentication tech firm Certilogo

eBay plans to buy Certilogo, a company that specialises in AI-powered clothing and fashion goods digital IDs and authentication.

BRAND NEWS

Angelina Jolie reveals plans to launch fashion business

Angelina Jolie has unveiled plans to launch a purpose-driven fashion business that will operate as a collective of creative talent using vintage and deadstock materials.

H&M launches new experience in metaverse to showcase Stranger Things collection

H&M has introduced a new limited time experience in the metaverse to showcase its exclusive Stranger Things summer collection for kids.

Boux Avenue partners with cancer charities to ‘look after women from top to bottom’

Lingerie retailer Boux Avenue has announced two new charity partnerships with CoppaFeel! and Jo’s Cervical Cancer Trust in a bid to educate and look after women “from top to bottom”.

Dolce & Gabbana launches men's capsule with Mytheresa

Luxury e-tailer Mytheresa has linked up with Dolce & Gabbana for an exclusive menswear capsule collection, available globally on the webstore from this month.

Adidas Originals launches retro Man U collection

Mixing nostalgia and modernity, the latest episode in Manchester United X Adidas Originals long-running collection revisits popular pieces of adidas’ archive and recodes them into football culture.

AND FINALLY

The top 7 UK fashion cities outside of London

While London is arguably the centre of fashion in the UK there are other cities that are very close seconds here are FashionUnited’s top 7 fashion cities.   

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots Week ending April 12th 2023?

1/ Summer

2/ Garden

3/ Sunglasses

4/ Cushion

5/ Sandals

6/ Green

7/ Coronation

8/ Picnic

9/ Stripe  

10/ Outdoor Living

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

HebTroCo are based in Hebden Bridge and started in 2015 in the pub; they started selling trousers back in 2016 and have never looked back and now sell everything from jackets, to gifts, to their unique Action Blankets. 

Paria sell cycle clothing and accessories that couple urban influences with the grit and fervour of the Yorkshire countryside, and collaborate with artists, designers, and illustrators to create something inspiring that promotes a friendly and inclusive attitude to cycling.

Love Hero founders Joshua, Tanja and Heather believed there was a better way to produce clothing that didn’t cost the planet and could reflect the real people who live on it. Which resulted in Love Hero a planet-conscious clothing for ordinary people living extraordinary lives.

Studio started back in 1962 and delivers everything from homewares through to clothing and footwear from top brand names as well as its own branded clothing.

Mission C founder Qes discovered that CBD oil helped his Grandad - who was living with dementia - feel calm and contented, he knew it could help others too. So he created a natural and accessible remedy for people looking to improve their quality of life.

Lavender Hill creates luxurious staples, using natural sources, with extra emphasis placed on how the clothes feel,  giving every item the softest touch imaginable and that every piece feels soft and comforting next to your skin.

Jessica Russell Flint is 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

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BRANDS WITH NEW IMAGES

Clothing, beauty and accessories

Matalan has new summer accessories, mens Taylor & Wright suits, kids summer outfits and beachwear plus new womenswear.

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

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

Shoe Zone has new summer shoes, trainers and sandals and welly boots for festivals.

Monsoon has new shoes, accessories, jewellery and women and children’s summer dresses and beachwear.

Silk & Lawn has new clothing and accessories.

PrettyLittleThing  has new Bridal edit,  Kappa and Gemma Owen collaborations, plus beach outfits and a Sasa By Lopez collection.

Primark has a new Keith Haring collab, new makeup, Primark Cares and EDIT ranges, Jurassic Park kids range, a new Bridgerton range of clothes and accessories.

Fatface has new denim jackets, kids summer clothing, sandals, bags, clothes, accessories and jewellery for the summer plus Father’s Day gifts.

Very  has new V by Very ranges

Scamp & Dude has new summer wear.

F&F has new summer ranges modelled by Kelly Brook

Peacocks has new womenswear ranges with swim and beach wear.

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

Dune London has new shoes and bags in day-glow colours and embellished with diamante to leather and studs

Accessorize has a wide range of new bags and purses.

River Island has new summer wear.

Dunelm has new loungewear.

Oliver Bonas has new summer outfits, shoes, sandals, bags, accessories and jewellery.

Tu Clothing has new linen high-summer clothing.

Barbour has new mens, womens and kids ranges.

Regatta has a new Orla Kiely collaboration range.

George at Asda has new summer beach and womenswear and Father’s Day gifts.

Office has new sandal and trainer ranges.

 

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

Dune London Men’s TK Maxx Aspiga Nologo Daisy Park Bonmarché Peacocks Matalan Bryony Bel Crew Clothing Radley Lipsy National Trust Shop Fatface Cotton Traders

 

Home, garden and food

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

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

Hobbycraft has new summer party ranges, Father’s Day gifts, foam mosaic art and paint and sew your own ranges and cardboard shop and playhouses.

Joe Browns has new homeware for the summer.

The Range has a new honey comb collection of kitchen and table ware.

Cardfactory has new Father’s Day and mermaid themed gifts.

Homesense has new kitchen and tableware for dinner parties and accessories for the home and picnic ware.

George at Asda has new Father’s Day outfits.

Dunelm has a new Disney and Natural History Museum collaborations plus Timeless and Pride & Joy homeware ranges for lounge, bedroom, dining room and kitchen. 

Oliver Bonas has new home ranges for indoors and outdoors.

Primark has a new Bridgerton range of home ware.

Cartwright & Butler has new Father’s Day ranges.

Regatta has a new Orla Kiely collaboration range of tents and accessories.

Cutter & Squidge has new Father’s Day and afternoon tea treats.

TK Maxx has new homeware, picnic and beach accessories.

Nologo has new gifts.

Studio has new gift ranges.

 

See additional new home images from the last weeks from

Fritz Fryer Habitat Cuckooland Daisy Park DFS Ivyline Furniture Village Primark Home Cambridge Imprint Biscuiteers Baking Sofology Wilko National Trust shop Marks & Spencer B&M 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 - 31

Days until Halloween - 166

Days until Singles Day - 177

Days until Black Friday - 190

Days until Christmas Day - 221

 

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

We’re now well into Spring, so carry on adding those spring-summer-related images and there are bank holidays aplenty this month, and hopefully, we’ll have great weather. So add all those keywords relating to being out of the house and into the garden and the great outdoors; keywords to add include garden, garden parties, barbecues, (don’t forget to add all of the other spellings BBQ, Bar-B-Que etc) picnics, outdoors etc. 

Summer holidays are on the horizon so images of beach holidays and swimwear, as well as holiday clothes, festival clothes and all of the associated keywords and phrases eg sandals, beachwear, swimsuits, bikinis, linen, summer wear.

Although with the cost-of-living increases not everyone will be going abroad so still keep keywords and phrases like “staycation” “holistay” “holiday at home” to your keywords, and why not suggest clothing like cardigans and hoodies for the colder UK evenings.

May is also the start of wedding season so if you have any wedding-related items, then get ready to promote them with any wedding keywords, bridal, bride, groom, hen party, stag do etc.

May Diary - Weeks/Months

May is National Walking Month, National Smile Month and Skin Cancer awareness month

It’s also;

National Vegetarian Week (May 15th – May 21st)

National Stationery Week (May 15th – May 21st)

Cannes Film Festival (May 16th – May 27th)

National Doughnut Week (May 20th – May 28th)

Sandwich Week (May 21st – May 27th)

Chelsea Flower Show (May 22nd – May 27th)

National Barbeque Week (May 29th – June 4th)

 

May - Days

18th – Ascension Day

20th – World Bee Day

20th – World Whisky Day

21st – International Tea Day

22nd – World Goth Day

22nd – Craft Distillery Day (US)

25th - Geek Pride Day

25th – National Wine Day (US)

29th – National Biscuit Day

29th – Spring Bank Holiday

29th – Memorial Day (US)

 

 

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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