The Daily Retail Newsletter for brands and media – 15/5/24

 

Main Image: Imp&Maker

PRShots Roundup brings you the latest retail news from Burberry, Tesco, Geox, Converse, Ray-Ban, Swyft, Zalando, Freemans, Specsavers, Jo Malone, The Perfume Shop and M&S. Plus, why innovation should centre on customer needs, the cross-border returns opportunity, why social mentions matter and more.  

THE LATEST RETAIL INDUSTRY NEWS

Burberry underperforms

Burberry revenue was down 4% to £2.9bn in Q4 with its operating profit falling 36% to £418m as it grapples with a challenging economic environment amid its strategic repositioning efforts.

Tesco CEO pay doubles to almost £10m

Tesco boss Ken Murphy saw his pay more than double over the last year to almost £9.93m. With his pay boosted by £4.91m from the performance share plan (PSP).

Geox cuts full-year sales outlook

Geox’s Q1 sales were down 13.5% to €193.6m, with its wholesale channel performance down almost 22% , due to a "significantly lower than expected" order intake for Spring/Summer 2024.

Converse cuts jobs as part of parent Nike’s cost-savings plan

Nike is undergoing a $2bn cost-cutting plan that includes slashing 2% of its workforce with the majority to be in Converse with the process expected to conclude by the end of its fiscal year.

Ray-Ban owner blames wet British summer for slower sales

The UK arm of Luxottica Group’s FY23 turnover increased from £165m to £168.1m, but pre-tax profits fell from £9.8m to £7.4m as its sunglasses business was impacted by the weather in 2023.

Alibaba revenue exceeds expectations in Q4

Alibaba Holding revenue was up 7%in Q4, surpassing expectations with robust growth in its international division, up 45%, exceeding analysts' forecasts of 39%..

Sofa-in-a-box brand gets £10m boost to go global

Swyft has received a £10m investment from UK-based Sleep Brands Limited to take the sofa company into new markets.

Online spending growth slows as BNPL plateaus

Online spending in the UK in April increased 1.5% year on year to £8.1bn, but spending growth has slowed for the third consecutive month.

Heathrow warns loss of tax-free shopping is ‘curtailing UK’s global connectivity’

Heathrow Airport CEO Thomas Woldbye has warned the loss of tax-free shopping is hurting Britain’s status as a global transport hub.

Buy now pay later giant Klarna takes fresh step to $20bn US float

Klarna, the buy now pay later (BNPL) finance giant, has cleared a crucial hurdle on its journey towards a US stock market flotation expected to value it at as much as $20bn (£15.9bn).

TRENDS, SUSTAINABILITY, STRATEGY AND TECHNOLOGY

Why innovation should centre on customer needs

Despite their importance to the success or otherwise of innovation, the customer is usually the most important person not in the room - and the chair serves as a reminder.

The cross-border returns opportunity

Nearly a quarter (22%) of shoppers said they were more likely to buy cross-border if the brand’s website clearly sets out its returns policy.

Why social mentions matter (and how to track them)

Find out what social mentions are, why they matter, and how to engage with them to build a strong relationship with your audience.

AI tools to convert articles into videos

A new range of AI tools can repurpose text into video - suitable for TikToks, Reels, YouTube Shorts, and more, here are PracticalEcommerce’s top three picks.

Using AI for contextual advertising

Martech looks at how AI is enhancing contextual advertising, allowing for more precise audience segmentation and improved ad placement.

PEOPLE, MOVERS AND SHAKERS

Zalando names new co-CEO as part of leadership shake-up

Zalando has announced a string of changes to its top team, to ensure “the effective execution” of its updated strategy, from September 1, 2024.

BRAND NEWS

M&S formalwear is launching more trend-informed pieces

M&S is shaking up its men's formalwear offering for spring/summer 2024 as it targets market share growth in the category.

Freemans unveils ‘Destination Summer’ TV ad and multimedia campaign

Digital department store Freemans has launched a new TV ad and multimedia campaign under the banner of ‘Destination Summer’.

Specsavers launches first men’s eyewear collection with Vivienne Westwood

Specsavers has launched a men’s eyewear collection by Vivienne Westwood, with silhouettes "inspired by Hollywood icons of the 1950s and 60s glitterati".

Tom Hardy stars in new Jo Malone cologne campaign

Actor Tom Hardy is the face of a new advertising campaign for Jo Malone London’s ‘Cypress & Grapevine Cologne Intense’, appearing in a short and film that centres around London at night.

The Perfume Shop to open new experiential store in Edinburgh

The Perfume Shop is to open a new and improved experiential store in Edinburgh’s St James Quarter on 17 May.

AND FINALLY

Habitat celebrates 60 years with 3D billboards

Habitat is marking its 60th birthday with an ad campaign that includes huge 3D replicas of some of the hero homeware and furniture pieces on billboards in London, Manchester and Birmingham.

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots Week ending May 10th 2024?

1/ SS24

2/ Garden

3/ Denim

4/ Cushion

5/ Bathroom

6/ Dress

7/ Bedroom

8/ Jewellery

9/ Sunglasses  

10/ Picnic

 

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

Cayo is a new British brand that aims to become a part of the family with the launch of its curated collection of unique and stylish dummies to help soothe babies and toddlers throughout their daily routine. 

London Grace is a female-founded British beauty brand. Their vegan nail polish and nail care products feature 21 glossy colour, salon worthy products for healthy, nourished nails without compromise.

Olukai is a Hawaiian brand producing footwear that combines the strength and durability of a waterman’s ocean lifestyle - all footwear comes with a 1-year guarantee - with an island-inspired brand rooted in sound values, style, comfort, and craftsmanship.

Peter Bowen Art has been making ceramics and creating artworks for more than 40 years. He now specialises in creating handmade ceramic mantel clocks and tableware produced in his studio in rural Somerset.

Quorn Stone began in 1995, importing artisan hand-painted terracotta tiles from Manises, Spain. The business now includes a wide range of indoor tiles large and small, for floors and walls, plus stoneware tiles for outside.

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 24 hours, week, or month.

BRANDS WITH NEW IMAGES

Clothing, beauty and accessories

Bonmarché has a high summer collection and a second David Emmanuel collaboration, more summer wear modelled by TV’s Lorraine Kelly, a new Autonomy high summer ranges, denim and Mollie Mom collection.

New Look has new drops of evening wear, beach wear and bags, new drops of shirts, skirts, coats, waistcoats, dresses, jumpers, bags, boots and stilettos.

Scamp & Dude has new Summer women's wear ranges for holidays, the beach, the evening and for relaxing at home.

Teenage Cancer Trust has new t-shirts and prints for the up-and-coming shows at the Albert Hall.

Betty & Biddy has new jewellery ranges, including earrings and necklaces.

Joe Browns has launched it summer womenswear ranges.

Oliver Bonas has new June/July/August clothing ranges with an Ibiza feel, new cosmetics ranges and new summer dresses (midi and mini), bags, jackets, hats, jewellery, sunglasses, flats, training shoes and sandals.

Very has a new occasionwear, V by Very curve and Everyday ranges, a Michelle Keegan collaboration, a new occasion wear,  V by Very summer dress and festival ranges, Wimbledon-inspired ranges, women’s festival, beachwear and summer holidays outfits, and Father’s Day presents.

John Lewis has new swimwear, kidswear and gifts for Father’s Day as well as summer wear for all the family for the beach and for the holidays, plus outfits for the office and occasion wear.

Lola Starr has a new Meadow athleisure range for SS24.

Peacocks has its new Summer 2024 range of beach and holiday wear.

Shoe Zone has new kids' shoes, plimsols, trainers and school sports ranges.

River Island has a new festival ranges, 90s collection, a RI Studio range, Boho range, plus this summer’s fashion items including midi and maxi dresses and big florals, sandals, bags and jewellery.

Primark has new PS skin care ranges for the summer sun, a new Stacey Solomon collaboration,  a new Edit range, swimwear range, new DTR Kem collaborations, kids beachwear plus a new extensive collaboration.

Iolla has new ranges of sunglasses and contemporary glasses for men and women.

PrettyLittleThing has a new menswear range and is using Joe Baggs as it’s first ambassador. Womenswear ranges include Endless Summer,  Laura Celia and GK Barry edit, a Emilly Miller maternity range and new occasion wear, a Destination Swim range of bikinis and beachwear.

Rebecca Rhoades has new ranges of big pattern womenswear for SS24.

Fatface has its latest high summer clothing, shoes, bags and and accessory ranges for men, women and children.

Monsoon has new a new Polly Plisse collboration, new swimwear and womenswear ranges including blouses, midi and maxi dresses with this seasons must-have big pattern prints.

Fable England has a new Whispering Sands sleepwear collection and Meadow Creatures bag collection.

F&F has new summer collections, and collaborations with Kate Ferdinand and RISE by Zara McDermott, plus new swimwear and clothes for the beach and the summer, retro band t-shirts.

Roman Originals has a new Petite, Dusk, Ariella ranges and new spring womenswear ranges including big-pattern dresses, denim and linen.

Fielding & Nicholson launches new menswear occasionwear outfits. 

 

See additional new clothing and accessories images from

Matalan Curvy Kate TK Maxx Neem London Dune London George at Asda Barbour Regatta Celtic & Co Tu Clothing Cotton Traders Threadbare Peachaus

 

Home, garden and food

Imp & Maker has pub, Italian, bourbon, tequila, champagne and cheese-themed hampers, plus hampers for all occasions and all budgets from small gifts to large big-treat hampers as well as hampers and gifts for Father’s Day.

Oliver Bonas has new homeware including wall art, vases and more, plus bright summer kitchenware, travel edits and wellness goods and garden tables and chairs and hammocks.

Dobbies Garden Centres has outdoor garden accessories, barbeque tools,  garden tools, plus accessories for outdoor picnics and BBQs, Father’s Day presents, plus rugs, outdoor cushions, plants, grow lights and outdoor seating ranges.

The Gluttonous Gardener has new interesting plants that make ideal Father’s Day gifts.

Cambridge Imprint has trays, memo books and planners, portfolios, letter trays, gift boxes, box files, exercise books, wrapping paper, large notebooks, tea towels, waste bins, and slimline list books and more.

Fritz Fryer has new lighting ranges for the home.

Arran Sense of Scotland has new home fragrance ranges.

John Lewis has new Anyday outdoor living furniture and accessories ranges plus kitchenware, drinkware, outdoor living ranges including furniture, soft furnishing, plus ideas for Father’s Day presents.

Habitat has a new 60th Birthday celebration range of homeware classics, plus Scandi-inspired homeware collaboration with Scion including kitchenware, cushions, accessories and fabrics. 

Cult Furniture has new furniture for outdoors, Madelyn and Aubery Garden ranges, plus ‘70s revival furniture, side tables, lighting solutions and dining chairs.

Treats by Mars has new Twix, Malteser, Bounty and Skittles ice cream kits and treats.

TK Maxx has new homeware and gifts. 

Matalan has new homeware (indoors and out) ranges including cushions, kitchenware, bowls, baskets, planters and gift ideas for the summer.

Home Bargains has new Father’s Day gifts, decorative garden ranges and outside lighting and furniture.

Hobbycraft has new Autumn ideas, Father’s Day projects and gifts, Country Cottage knitwear and how to make bracelet advice kits. 

Sandberg Wallpaper has new big pattern ranges for the kitchen, lounge and bedroom.

Nest has new summer furniture ranges for inside and out.

Biscuiteers Baking has biscuit and chocolate gifts for Father’s Day.

Homesense has new homeware, pet accessories, kitchen accessories, outdoor dining ranges, and homeware for the kitchen, bedroom, conservatory and lounge for SS24.

Ivyline has new Kew-inspired water features, plus stoneware and glazed plant pots for the garden and indoors.

Primark Home has lots of decorative items for the home and accessories for picnics and BBQs.

George Home has Stacey Solomon collaborations and new things for outdoor living and the garden including barbecues, parasols and planters as well as items for the kitchen and lounge.

See additional new home images from

Marks & Spencer Cardfactory Designers Guild National Trust shop Next Rebel Walls Very Joe Browns B&M

 

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 UEFA European Championship – 30

Days until Father’s Day – 32

Days until Paris Olympics - 72

Days until Halloween – 169

 

How to get your brand on the May Editorial Calendars   

We’re now well into Spring, and there are two long bank holiday weekends to enjoy this month, and with a bit of luck, we’ll have great weather for at least one of them.

To get the best chance for a download, add images that are related to the summer, and make sure they’re accompanied by any keywords relating to being out of the house and into the garden and the great outdoors, including garden, garden parties, barbecues (don’t forget to add all of the other spellings BBQ, Bar-B-Que, etc.) picnics, outdoors.

Summer holidays are on the horizon, so campaign images that include the beach or the outside world will be used. Upload any images you have of summer outfits, holiday clothes, festival clothes, sandals, beachwear, swimsuits, bikinis, linen, and sandals.

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, also think about uploading images more appropriate to a UK holiday 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 along with any wedding keywords, bridal, bride, groom, hen party, stag do, etc.

If you’re looking for more hooks to help promote your brand and products, then see the list of days, weeks and fortnights below.

May Diary - Weeks/Months

May is National Walking Month, National Smile Month (13th May – 13th Jun), and Skin Cancer Awareness Month.

It’s also:

National Vegetarian Week (16th – 22nd)

National Stationery Week (15th –21st)

Cannes Film Festival (14th – 25th)

National Doughnut Week (18th – 26th)

Sandwich Week (19th – 25th) (4th week of May)

Chelsea Flower Show (21st – 25th)

National Barbeque Week (May 27th – June 2nd)

The Derby (31st May - 1st Jun)

May - Days

15th – International Day of Families

15th - Father’s Day gift searches rise / BBQ searches rise

18th – World Whisky Day 

20th – World Bee Day

20th – Whit Monday / Pentecost 

21st – International Tea Day

22nd – World Goth Day

22nd – Craft Distillery Day (US)

25th - Geek Pride Day

25th – National Wine Day (US)

25th - Men’s FA Cup Final

25th – Camping-related searches rise

25-26th – Lag B'Omer 

27th – Spring Bank Holiday 

27th – Memorial Day (US )

29th – National Biscuit Day

30th – BBQ searches peak

 

NB - All dates have been checked, but some events may change due to unforeseen circumstances or have not been fully confirmed for 2024 by the authorities controlling the event(s). 

 

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!!!

Bookmark our PRShots news section https://www.prshots.com/pressnews and keep up to date with the PRShots daily guide to some of the latest news and trends in the retail, home and marketing sectors.

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