The Daily Retail News Digest for brands and media – 27/1/23

Main Image: Oliver Bonas

PRShots Digest brings you the latest retail news from DFS, TK Maxx, BoohooMan, Asos, Poundland, Nike, LVMH, Ferragamo, Superdry, Bensons for Beds and H&M. Plus articles on how to use ChatGPT for SEO, how to fix bad UX and reduce cart abandonment, keeping your brand safe on social media and more.

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

THE LATEST RETAIL INDUSTRY NEWS

H&M posts drop in operating profit

H&M’s Q4 net sales were up 10% to £12,752m with an operating profit of £64.6m impacted by a one-time cost for the cost and efficiency programme, and winding down Russian operations.

Superdry has downgraded its full year profit outlook to breakeven

Superdry group revenue was up 4.5% in the nine weeks to 31 Dec with store sales up 18.8% but has moderated its profit outlook to breakeven as  2023 outlook is “uncertain.”

Bensons for Beds posts sales boost as Eve Sleep beds in

Bensons for Beds sales were up 7% in the quarter to Dec 31, thanks to a 41% growth in online sales and the addition of Eve Sleep revenues, which it rescued from administration in October.

Store vacancies fall as retail boosted by tourism and office working

The overall rate of store vacancies improved to 13.8% in Q4 the fifth quarter of improvement. Vacancies improved to 18.2% in shopping centres, 13.8% in the high street, with retail parks at 9%.

LVMH sales rise 9% in Q4

LVMH owners of Tiffany, Louis, Vuitton, Dior saw revenues up 9% to €22.7bn in Q4 - a slowdown from the 19% in Q3. Sales in Jan have “started well” and the group anticipates continued growth.

Ferragamo sales grow in 2022

Sales at Salvatore Ferragamo rose by 5.7% last year to €1.252bn with a slowdown in the fourth quarter blamed on Covid restrictions in China.

ASOS recruits fashion turnaround expect

ASOS has appointed senior restructuring executive Scott Millar, to join its finance department amid discussions with the Top Shop owner's syndicate of lenders.

Poundland announces store transformation project

Poundland is embarking on the “biggest transformation” of its UK stores, with 50 stores opening, expanding or relocating before the end of September 2023.

UK advertising market’s Covid recovery continues with growth set to total £36bn this year

The UK advertising market is set to grow by 3.8% to reach £36bn in 2023 - up from £34.7bn in 2022 - with ‘golden quarter’ ad spend estimated to have grown by 4.0%, to a total of £9.5bn.

Nike sues Bape for trademark infringement

Sportswear giant Nike has moved to sue its competitor Bape alleging that the Japanese brand’s footwear business “revolves around copying” its designs.

TRENDS, STRATEGY AND TECHNOLOGY

5 ways to use ChatGPT for SEO

Google thus far disallows AI-generated content in its index. But the SEO benefit of ChatGPT and similar tools is increased productivity, not producing entire articles.

How to keep your brand safe on social media

While social media has worked its way into becoming a basic necessity in this day and age, there are still advantages and disadvantages to advertising on these platforms.

How to fix bad UX and reduce your cart abandonment

Despite the efforts put into customer acquisition, many businesses still struggle with website UX, resulting in significant revenue loss.

10 useful facts about ChatGPT for brands and agencies

Jamie Matthews, CEO at Initials, sits down with ChatGPT to evaluate what brands and agencies need to know about the latest AI technology.

Archroma launches first dyes derived from recycled textiles

Dyes specialist Archroma has utilised its new FiberColors technology to create dyes synthesised from textile waste.

PEOPLE, MOVERS AND SHAKERS

DFS hires new non-executive director

Furniture retailer DFS has appointed Gill Barr as a non-executive director, she has previously been a non-executive director of McCarthy & Stone and Morgan Sindall.

BRAND NEWS

BoohooMAN launches exclusive collection with NFL ahead of Superbowl

British online fashion retailer, BoohooMan has this week launched an exclusive collaboration with the National Football League (NFL) ahead of its season-ending showpiece event, Superbowl LVII.

TK Maxx snaps up ex-Debenhams unit and plans Watford megastore

TK Maxx has bought part of the former Debenhams unit in Workington, West Cumbria and the former 30,557sq ft Next unit in Watford, with both stores opening in the summer.

AND FINALLY x2

Aldi bus takes customers from rival Big 4 grocers to its own stores

Aldi has been giving free bus rides to customers shopping at its rivals Tesco, Sainsbury’s and Asda, taking them to the closest Aldi store.

A new fashion collection shields wearer from AI facial recognition

A new brand embracing technology, textiles and fashion has developed a collection that will bypass AI and facial recognition.

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots Week ending January 20th 2022?

1/ Valentine 

2/ Easter

3/ SS23

4/ Candle

5/ Bags

6/ Cushion

7/ Chair

8/ Basket

9/ Earrings  

10/ Bathroom

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

LolaStarr is a proud British activewear brand whose clothes are designed with the environment and functionality in mind and champions local textile industries using a talented UK team of skilled designers, pattern cutters, and seamstresses.

Hobbycraft was founded in 1995, and has since grown to be the largest arts and crafts retailer in the UK with over 100 stores across the UK, and has everything you need for art, knitting and crochet, haberdashery, papercraft, wedding and party, baking, jewellery making and more.

Silk & Lawn are a Brighton-based accessories brand creating beautiful handmade headbands, hair ties & turbans for little and grown-up people made from silk and Tana lawn cottons.

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

Roman Originals has new spring and summer ranges

Oliver Bonas has new drops for March including clothes, jewellery, bags and accessories.

From my mother’s garden has new ranges for 2023

Dune London has new SS23 shoe and bag ranges and accessories

New Look has new January drops

Cath Kidston has new womenswear and accessory ranges

Very has new womenswear, jewellery, and Valentine’s fashions

TK Maxx has new SS23 fashion and accessory ranges

Dune London Men’s has new SS23 footwear

Primark has new Varsity ranges, women’s ranges, Valentine’s outfits, new Disney 100 ranges and baby outfits

Barbour has new ranges for adults and dogs

Fatface has new clothing ranges and accessories for kids and adults

Aspiga has new womenswear

Threadbare has new SS232 clothing ranges for him and her

Matalan has Mini Me outfits, menswear and suits, new kids ranges plus a character shop for dressing up

PrettyLittleThing  has a new Gemma Owen collabs and a new Renew range featuring Molly Mae and Valentine’s Day lingerie and going out wear

River Island has new Valentine’s outfits Active ranges and SS23 winter clothes for Jan-Feb drops

Freemans has new womenswear

Night Store has new pyjamas and maternity wear

Peacocks has new spring-summer outfits lingerie and sleepwear for her

John Lewis has new womenswear ranges for SS23

Monsoon has new women’s fashion and accessories for kids and adults

 

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

Bryony Bel Tu Clothing Radley F&F Marks & Spencer Bonmarché Deichmann UK Joe Browns NoLoGo Cath Kidston George at Asda Accessorize Dancing Leopard Sarvin Lipsy M&Co  Cotton Traders

 

Home and food

Oliver Bonas has new gifts for the home

Homesense has new SS23 home items and gifts for Easter, Mother’s day and Valentines day

Cath Kidston has new homeware

Cardfactory has more valentines’ gifts for him and her

TK Maxx has new things for you and your home for SS23

Cartwright & Butler has new Mother’s Day and Valentines hampers and gifts

Hotel Chocolat has new chocolates for Valentine’s Day, Mother’s Day and pictures of the Chocmobile

Dobbies Garden Centres has new patio furniture, house plants, chimeneas, pizza ovens, firepits.

Cuckooland  has new home gifts and new SS23 home goods

Cutter & Squidge has Valentine’s day hampers and goodies

National Trust Shop has new gifts and things for the garden

The Range  has kitchen and home ware to keep you organised in 2023

Paperchase has new gifts

George Home has Valentines gifts and gifts for your pet

B&M has their new Urban Eden and Superbloom collections for summer outdoors and Easter collections

Nest has new lighting

Biscuiteers Baking has new Easter goodies

Very unveils its new Everyday Homes collection and has Valentines gifts

Sofology has new sofa and footstool ranges as well as things for the home

John Lewis has new solutions for the whole house from living rooms to bedrooms

Marks & Spencer has gifts for valentines and homeware

 

See additional new home images from the last few weeks from

Daisy Park Cambridge Imprint  Designers Guild Primark Home Cult Furniture  Matalan Next Fritz Fryer NoLoGo Dunelm Avalana Dune London Furniture Village Luxdeco Designers Guild White Stuff Monsoon  Wilko KMI Brands DFS Fatface Very Habitat Christy Matalan Oliver Bonas

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

Days until Valentine’s Day - 18

Days until Mother’s Day – 51

Days until Easter – 72

Days until Eid al-Fitr – 84

Days until Halloween - 277

Days until Black Friday – 301

Days until Christmas Day – 332

 

How to get your brand on the January Editorial Calendars   

January is all about fitness and health and getting back on track after a Christmas and New Year Holidays break, plus it’s about starting to prepare for outfits and gifts for Valentine’s Day next month. But also, we’re looking forward to next season so make sure anything SS23 is flagged on your drops. Plus, as we’re mid-winter there will still be searches for anything cosy, so pyjamas, slippers, coats, hygge, winter warmers, knitwear, scarves and everything warm.  

January Diary - Weeks/Months

January is also Veganuary and Dry January so it’s a good idea to make sure you have vegan-friendly products and non-alcoholic products labelled on your media centre, plus anything that’s healthy that fits in with resetting your life.  

If you sell gin and anything gin-related then it’s also Ginuary 

Diary - Days

27th – Chocolate cake day (US)

28th – Data Privacy Day

31st – Tax return payments are due today

How to get your brand on the February Editorial Calendars   

Aside from continuing to keep an eye on those SS23 drops the first half of the month is about preparing for Valentine’s Day issues and the second half is about getting ready for Easter. For Valentine’s Day make sure everything has some of the keywords the media will be looking for eg gifts, pink, red, lingerie etc. For Easter make sure everything has some of the keywords the media will be looking for eg eggs, chocolate, easter bunny, easter egg, chick etc.

As we’re coming out of winter it’s time to start putting up images for the spring and summer. So anything related to getting out of the house is good, so get uploading images and adding keywords relating to summer outfits, swimwear, the garden, garden parties and Barbecues (don’t forget to add all of the other spellings BBQ, Bar-B-Que etc).  

February Diary - Weeks/Months

In the UK it’s LGBT+ history month and in the US this is Black History Month. It’s a great month for food, we have Pancake Day, national Pizza Day and Bread Week (18th-26th)

Other events include;

Just Around the Corner Exhibition London (8th-9th)

Source show Olympia (12th – 14th)

London Fashion Week (17th – 21st)

New York Fashion Week (9th-15th Feb)

Fairtrade Fortnight Feb 27th – Mar 12th)

February is also National Bird Feeding Month in the US

National Apprenticeship week 6th - 12Th Feb

 

February - Days

1st – World Hijab Day

2nd – Groundhog Day Again!!

2nd – Time to talk day 

4th – World Cancer Day

4th – Rugby 6 Nation Championships starts

5th – Tu B’Shevat 

5th – Yorkshire Pudding Day UK 

6th – National Sickie Day

9th – National Pizza Day (US)

11th – Brit Awards 

12th – NFL Super Bowl 

12th – Source Fashion Event Olympia

14th – Valentine’s Day

15th – Singles Awareness Day

17th - Random Acts of Kindness Day (US)

18th – Maha Shivaratri 

21st – Shrove Tuesday / Pancake Day 

26th - National Wear Red Day (Support for Heart disease)

 

 

 

 

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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