The Daily Retail News Digest for brands and media – 18/7/22

Main Image: M&Co

The latest retail news from H&M, Mango, ISawItFirst, AYBL, Smashbox, Marks & Spencer, Zara and articles on how to use Snapchat to reach shoppers, three winning strategies to reach Gen-Z, the metaverse explained, and more.

To see the latest news go to our Twitter account @prshotsr

THE LATEST RETAIL INDUSTRY NEWS

H&M to Exit Russia

H&M the world’s second-biggest fashion retailer is to wind down its business in Russia, joining a growing list of companies fully exiting the country

Mike Ashley mulls bid offer for ISawItFirst.com

Mike Ashley is understood to be mulling a bid for ISawItFirst.com, the fashion e-tailer set up by Boohoo founder Mahmud Kamani’s brother Jalal.

BNPL firm Zip seeking UK exit, only a year after launch

Australian-based buy now pay later (BNPL) firm Zip is looking for a buyer as it seeks to exit the UK after just 16 months in the UK market.

Mango half-year sales up by nearly 25%

Mango H1 sales reached €1.2 bn up 24.8% from €973m in 2021 and is pushing its new openings in the UK and Italian markets.  

AYBL turnover more than doubles as it ramps up expansion drive

Leisure-wear brand AYBL Group which includes AYBL and Because of Alice (BOA) has reported record turnover for the latest year with the company’s sales rising 124% to reach £23.1m.

Amazon could be about to phase out its private label brands including AmazonBasics

Amazon is reportedly phasing out its private-label business, which includes its popular AmazonBasics range, by slashing the number of items and categories.

Starbucks explores sale of UK business

Starbucks is looking at a sale of its UK business and has hired Houlihan Lokey to look for buyers interested in its UK division which operates around 1,000 shops and turned over £328m last year.

Smashbox to exit UK market

Cosmetics brand Smashbox is to exit its UK and Ireland market later this year following “An accumulation of challenges has sadly been more than our business can withstand.”

Deliveroo slashes sales forecasts as ‘consumer headwinds’ hinder growth

Deliveroo has slashed its full-year sales forecast as a result of “a more cautious economic outlook” and a marked slowdown in sales during its Q2.

Next underpaid staff for months after IT problems

Next has apologised to staff after the botched integration of new IT systems caused swathes of its workforce to be underpaid for months.

Amazon takes on Tesco with price match scheme

Amazon has launched a Tesco Clubcard Price Match scheme for its Amazon Fresh stores as it attempts to appeal to shoppers amid the cost-of-living crisis.

Shoppers want more meaningful customer engagement

New research from Wunderkind has found that 43% of consumers prefer less frequent but more meaningful customer engagement.

UK consumers choosing comfort over style for SS22 swimwear

​A new report from Klarna into the swimwear sector for 2022 shows that comfort is key as swim sees its first full season globally since pre-pandemic.

TRENDS, STRATEGY AND TECHNOLOGY

How retailers are using Snapchat to reach shoppers

Snapchat - which is one of the world's most popular social media platforms - has partnered with retailers to create a next-generation shopping experience.

How AI helped Charlotte Tilbury boost conversions

Charlotte Tilbury tested a custom AI integration and after two months reduced its average cost per acquisition by 29% and saw a 60% increase in conversion on its acquisition campaigns.

Three winning retail strategies for Gen Z

Gen Z’s have $360bn in disposable income and rising, but they have different wants and values to previous generations so you’ll need to revise your strategies to attract this new market.

McKinsey’s guide to the metaverse?

Is the metaverse a digital playground for friends? Or is it a commercial space for companies and customers and what is the business case for entering it?

The 5 best textile innovation technologies

Five innovations and new textile technologies that take us ahead to a new normal futuristic future, when technology creates textiles and visions became reality.

How Burberry is reaching customers face-to-face, on social media and virtually

Burberry is working to reach its customers face-to-face, on social media and virtually as it looks to mitigate the effects of continuing Covid-19 lockdowns in China.

How to stop losing sales to customer indecision

Sales people should focus on customer indecision and to gain sales, and apply a new framework to situations where indecision is the biggest blocker.

Can selfies hold the key to cutting returns in fashion?

Nearly two-thirds (61%) of consumers think fashion retailers can cut return rates by adding more post-purchase photos and videos from customers to help them see how clothes look on ‘real’ people.

BRAND NEWS

M&S Food teams up with Tom Kerridge on ‘Remarksable’ value meal planner

M&S Food has teamed up with Michelin starred chef Tom Kerridge as part of its campaign for its ‘Remarksable’ value driven range.

Kate Moss stars in Zara's latest campaign

Inditex's flagship retailer Zara is launching a premium collection with a campaign created by David Sims, Emmanuelle Alt and Kate Moss.

Marks & Spencer removes best before dates to crack down on food waste

Marks & Spencer is to remove best before dates from hundreds of fruit and veg lines in a bid to slash food waste in its stores and customers’ homes. 

AND FINALLY

Lovehoney launches the World’s first sexual wellness store in the Metaverse

Lovehoney is launching the world’s first sexual wellness space in the metaverse on Decentraland, the space spans four floors and offers a full, immersive brand and product experience.

 

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots week-ending July 15th 2022?

1/ AW22

2/ SS22

3/ Christmas

4/ Cushion    

5/ Throw

6/ Autumn

7/ Dress

8/ Student

9/ Checks   

10/ Swimsuit

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

Swealthy is a Midlands-based home décor and interior design company selling the finest quality homeware, gifts, furniture, art, coffee table books, lighting and so much more and making it available to all through 'attainable opulence.'

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. Its 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

Freemans has new womenswear ranges

M&Co  has new September and October AW22 drops

Roman Originals has more new SS22 outfits

Sonder Studio has new AW22 ranges

National Trust Shop has new slippers, boots, hats and scarves for AW22 and Christmas

Barbour has Women’s sport ranges and back to school outfits

New Look has new women’s ranges

NoLoGo has new big colour ranges

F&F has new denim and neon ranges

Primark has new beauty ranges

Dune London has launched its new kids shoes collection and July drops

Dancing Leopard  wrap dresses

George at Asda has new womenswear

Aspiga has AW22 ranges

Very has V by Very ranges and Michelle Keegan ranges

River Island  has accessories, jewellery and new summer clothing imagery

Office has new ranges

Monsoon  has new dresses and tops

TK Maxx  has new mens and womens wear

See more new clothing and accessories images from the last two weeks from

Shoe Zone Pink House Mustique Matalan Lemuel MC  Cotton Traders PrettyLittleThing Joe Browns Seol + Gold From My Mothers Garden Cocoove

 

Home and food

Dunelm has new Christmas ranges

National Trust Shop has new AW22 gifts and Christmas decorations

The Range has its Christmas ranges available

George Home  has new interior accessories

Abstract House has new frames and canvasses for all tastes

Matalan has new Christmas Homestore images

Furniture Village has new Christmas imagery 

Fritz Fryer has new lamps (ceiling and table) and chandeliers for all occasions

Dune London has new luggage

Cult Furniture  has new lightning ranges

Dobbies Garden Centres has new home goods, pet accessories and Christmas decorations

Cartwright & Butler has new hampers

Cambridge Imprint new card ranges

Biscuiteers Baking has new festive treats

Cuckooland has new bed ranges

John Lewis has new Natural Contemporary ranges

Glamour Mirrors/Pebble Green has new mirrors

Designers Guild has new AW22 ranges

See more new home images from the last two weeks from

Daisy Park Wilko Oliver Bonas Sofology Homesense Marks & Spencer Parker Knoll Hotel Chocolat Primark Cambridge Imprint  Nest TK Maxx  Very  George Home

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

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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