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

Main Image:  F&F

PRShots Digest brings you the latest retail news from Deichmann, Wilko, Moss, Brompton Bicycle, Asos, Frasers Group, Victorian Plumbing, Topps Tiles, THG, and Clarks. Plus articles on three steps to make AI work for you, how to unlock your online retail potential, how to develop a brand personality and more.  

THE LATEST RETAIL INDUSTRY NEWS

Asos launches first-ever rental collection in partnership with Hirestreet

Pureplay fashion brand Asos has launched its “first-ever rental edit” in partnership with rental marketplace Hirestreet.

Mike Ashley prepares for boardroom raid at Mulberry

Mike Ashley’s Frasers Group which owns a 37% stake in Mulberry is asking for a voice in the Mulberry boardroom over concerns over its business in Asia.

Wilko explores CVA to slash rent costs

Wilko is thought to be considering a company voluntary arrangement to renegotiate rents and potentially close some stores as it looks to cut costs across the business.

Clarks is bouncing back post-pandemic, is confident for future

Clarks footwear parent C&J Clark accounts for a 48 week year shows turnover up to £978.3m over the previous 52-week year of £920.3m and profits up £74.8m from £59.6m.

Topps Tiles delivers record sales driven by omnichannel model

Topps Tiles has delivered record results in the half to April 2023 with record sales of £130.3m up 9.3% on 2022 and gross profits up 2.7% to £68.7m.

Victorian Plumbing hails strong first half performance

Victorian Plumbing has posted an uplift in half year sales and profit. With H1 to 31 March revenues up by 10% to £146.8m while adjusted EBIDTA rose by 48% to £9.9m.

Frasers bids for cycle apparel and accessories retailer ProBikeKit

Frasers Group is set to continue its acquisition spree with the purchase of cycling retailer ProBikeKit from THG.

Studio Retail £75m debt during Frasers acquisition

Online fashion retailer Studio Retail had losses of more than £75m at the time when it was acquired by Mike Ashley's Frasers Group for £26.8m, new financial filings have revealed.

EU targets fast fashion in push for more durable goods

European Union ministers have backed plans to crack down on fast fashion with a ban on destroying unsold clothes, as it targets more goods with tougher sustainability rules.

THG boss Matt Moulding takes aim at FT journalist in online rant

THG boss Matthew Moulding calls out the Financial Times and journalist Dan McCrum on its article surrounding audit concerns flagged in the company’s report.

TRENDS, STRATEGY AND TECHNOLOGY

How outdoor brands can sustain the pandemic boom

The COVID-19 pandemic might have forced the world indoors, but it did not keep them there for long with many people looking out their windows at an outdoor world just waiting to be explored.

Is it time for your brand to shift to digital selling?

What triggers a change in your brand? Is it the fear of missing out (FOMO) on a trend? The need to keep up with the competition?

3 steps to make AI work for you

Marketers must actively take part in deciding how to use AI within the organization. Here are three steps you can take today.

What is brand personality and how do you develop it?

Relevance’s Frances Martin-Isaacs reveals how brand personality can help position and build your brand in the marketplace while acting as an internal guide for employees.

How Represent went from a garden shed to £50m in sales

Launched by brothers George and Michael Heaton in 2011 Represent has become a global brand selling £50m of t-shirts, hoodies and trousers a year and is heading for £250m revenue by 2025.

How to unlock the true potential of online retail

The $45bn US retail media market is surging as retailers capitalise on the consumer shift to e-commerce while offering advertisers access to their unique audiences and data insights

Small businesses failing to capitalise on their unique customer service advantage

Less than half (40%) of consumers find that small businesses offer a more personalised customer service experience than their larger corporate counterparts

PEOPLE, MOVERS AND SHAKERS

Klarna’s UK boss exits after “phenomenal” four-year stint

Alex Marsh, Klarna’s UK Boss, has announced that he is stepping down from the by-now-pay-later (BNPL) company.

BRAND NEWS

Menswear specialist Moss joins line up at Manchester Arndale

Moss is to open a new 4,157 sq ft store in Manchester’s Arndale,  the store will offer the retailer’s SS23 collection including formalwear, casualwear and items from a collaboration with Fred Sirieix.

Robert Dyas launches new loyalty scheme

Robert Dyas has launched a new loyalty scheme, MyDyas, to help customers as the cost-of-living crisis continues.

Brompton Bicycle launches in John Lewis for first retail partnership

Bicycle manufacturer Brompton has launched online at John Lewis as it looks to expand beyond its direct-to-consumer business model.

Deichmann to open new store at Epsom’s Ashley Centre

German footwear retailer Deichmann will open a new 7,100 sq ft store over two floors in the former Sports Direct unit at the Ashley Centre in Epsom, Surrey, in late June 2023.

Third of Tessuti and Scotts closed after Frasers buyout

Around a third of the Tessuti and Scotts stores have closed down, or are set to close, as Frasers Group works its way through the premium menswear chains it acquired at the end of last year.

AND FINALLY x2

Frasers Group CEO says Mike Ashley doesn’t get Flannels

“He can’t understand why people would spend so much on luxury clothing. But he understands that he doesn’t understand, and he understands you have to be relevant to consumers.”

Wimbledon taps into ‘Tenniscore’ adding semi-formal clothing to its collection

The All England Lawn Tennis Club has unveiled its 2023 Wimbledon Retail Collection, which for the first time includes semi-formal attire designed to be worn to watch, as well as play, the sport.

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots Week ending April 19th 2023?

1/ Summer

2/ Father’s Day

3/ Garden

4/ Dress

5/ Bikini

6/ Bag

7/ Outdoor

8/ Towel

9/ Cushion  

10/ Kitchen

COLLABORATIONS ON PRSHOTS

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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.

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.

 

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BRANDS WITH NEW IMAGES

Clothing, beauty and accessories

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

F&F has new summer ranges with a collab with Frankie Bridge and clothes modelled by Kelly Brook

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

Bryony Bel has new jewellery ranges.

Silk & Lawn has new turbans and headbands.

National Trust Shop has new hats and bags for the summer.

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

Very has new V by Very ranges for the summer.

PrettyLittleThing  has a new Molly Mae Summer edit, a Bridal edit, Kappa and Gemma Owen collaborations, plus beach outfits.

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.

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

Scamp & Dude has new summer wear.

Peacocks has new womenswear ranges with swim and beach wear.

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 Crew Clothing Radley Lipsy Fatface Cotton Traders

Home, garden and food

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

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.

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 - 26

Days until Halloween - 161

Days until Singles Day - 172

Days until Black Friday - 185

Days until Christmas Day - 216

 

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;

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

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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