The Daily Retail News Digest for brands and media – 17/1/23

Main Image: Matalan

PRShots Digest brings you the latest retail news from New Look, Sephora, Wilko, Clarks, Burberry, Primark, Fortnum & Mason, Fruugo, Matalan, Reiss, THG, Hugo Boss, and Quiz. Plus articles on 4 ways to do more marketing with less, in-app strategies, and is the retail HQ dead and more.

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

THE LATEST RETAIL INDUSTRY NEWS

Hugo Boss reports strong sales growth, expects full year profit to exceed forecast

Hugo Boss preliminary results show Q4 revenues up 15% over 2021 and up 29% on pre-pandemic 2019 levels and anticipates EBIT will be up 47% €335m for full-year 2022.

Quiz’s festive sales boosted by strong demand for occasion wear

Quiz grew its total sales by 11% to £9.8m in Dec and contributed to a 3% increase in revenues in the quarter to Jan, with group revenues up 23% in the nine months to Jan to £75.2m.

THG lowers profit guidance and starts strategic review

THG posted record annual sales of £2.25bn but said it expected adjusted earnings before tax of £70mn-£80mn for 2022, down from its original £100-£130mn forecast.

The Edit LDN secures multimillion-dollar funding for international launch

UK-based global trainer marketplace The Edit LDN saw a 525% year-over-year revenue increase to $12m in 2022 and has secured a $4.8m seed funding to help accelerate growth in the US and MENA.

Matalan lenders pledge £100m of new investment after seizing control

Matalan’s lenders (Invesco, Man GLG, Napier Park and Tresidor) have acquired the brand over former chair and co-founder John Hargreaves and will fund an additional £100m in new capital.

Reiss expects record profit after strong Christmas

Reiss saw a total group sales uplift of 20.3% in the nine weeks to Jan 7 and sales in the H2 to the same date rose 16.1% as sales surged in stores and online.

Fortnum & Mason hails ‘successful Christmas’

Fortnum & Mason total sales were up 8% year on year in the five weeks to 25 Dec - 29% up on 2019 - with sales up 42% to £187m for the year to 10 Jul, with a profit of £6.1m up from a loss of £2.7m.

Fruugo posts year of strong growth

Fruugo has increased its full year revenue by 110% to £65m after it benefited from growth in global cross-border e-commerce and increased its shoppers by 114% to just under seven million.

Amazon, Tesco and Asda offer best customer experience

Amazon, Tesco and Asda have come out on top of a consumer poll asking which retailers offer the best customer experience.

Revolution Beauty found to have inflated sales

An independent review into the auditing of Revolution Beauty’s accounts has found the cosmetics company had inflated its sales by £9m.

Online fast fashion slumped towards end of festive season

Analysis of card sales for 21-31 Dec show average spend per transaction was £33 in 2022, about the same as in 2021, with shoppers hitting the sales with average daily spend up 18% after the 25th.

TRENDS, STRATEGY AND TECHNOLOGY

Are we witnessing the death of the retailer HQ?

As hybrid working, advances in technology and cost pressures make the traditional head office less viable, Retail Week asks whether its days are numbered.

In-app advertising strategies for brands

Mobile marketing expert Steve Massaro explains how in-app advertising works and why brands and agencies should use this ever-growing channel to create holistic and effective marketing.

4 ways CMOs can accomplish more with less

Want more bang for your buck? Elise Stieferman of Coegi says CMOs should focus on four key things: relationships, accountability, testing, and customer experience.

Sustainable polyester producer Fairbrics raises €22m

Fairbrics, a chemical company developing sustainable polyester, has raised €22m funding to upscale its technology, which uses reclaimed-CO2 from waste fumes to create its polyester fabric.

PEOPLE, MOVERS AND SHAKERS

Burberry appoints new leaders to executive team

Burberry has appointed Giorgio Belloli as chief digital, customer and innovation officer and Delphine Sonder has been hired as chief merchandising officer.

Primark appoints former Currys exec as technology product director

Primark has appointed former Currys exec Keith Alexander as its new technology product director for commercial and supply chain.

BRAND NEWS

New Look launches "vintage and pre-loved" Re-Fashion concessions

New Look is launching six new country-wide in-store concessions in association with Re-Fashion offering a curated collection of pre-loved garments from 28 Jan.

Sephora to open London flagship in Westfield

Following its UK website launch in October last year Sephora is set to open a 6000+ sq. ft London flagship store in March in Westfield, London.

Wilko to close toy departments

Wilko is to stop stocking toys in its stores to focus on garden and household goods but will continue to offer seasonal/outdoor toys at the relevant time of the year.

Clarks Originals links with Salehe Bembury for Lugger collab

Footwear retailer Clarks has teamed up with designer Salehe Bembury. Mission? To reinvent the brand’s Clarks Lugger under the Clarks Original banner.

AND FINALLY x2

Amazon discreetly testing cut-price Prime subscription

Amazon is testing a Prime Lite subscription in India that offers free delivery in two days, and gives access to its Prime Video streaming platform.

Adidas press release hoax published by culture jamming activists

Adidas was the subject of a hoax email from activists The Yes Men. The email sent to media claimed it had appointed a union leader as co-CEO and launched a new ‘realitywear” collection.

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots Week ending January 13th 2022?

1/ Valentine 

2/ Easter

3/ SS23

4/ Kitchen

5/ Bags

6/ Lingerie

7/ Wood

8/ Living Room

9/ Bathroom  

10/ Cushion

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NEW BRANDS TO PRSHOTS

LolaStarr is a proud British active wear 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

Primark has new Varsity ranges, womens ranges, Valentines outfits, new Disney 100 ranges and baby outfits

Freemans has new womenswear

Night Store has new pyjamas and maternity wear

Barbour has new ranges for adults and dogs

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

Dune London Men’s has new SS23 footwear

Very has new womenswear and  Valentines fashions

Dune London has new SS23 shoe and bag ranges, gift ranges, going out shoes and wedding shoes

Peacocks has new spring summer outfits lingerie and sleepwear for her

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

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

John Lewis has new womenswear ranges for SS23

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

Roman Originals has new warm winter wear, party and going-out outfits

Fatface has new clothing ranges and accessories for kids and adults

TK Maxx has new fashion accessory ranges

New Look has new bags and shoes, Valentine’s 2023 lingerie, tops and dresses, as well as jeans, and winter outfits and loungewear

Bryony Bel has new jewellery ranges

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

Tu Clothing has activewear for the New Year

Radley has new ranges for release in February, March and April

F&F has new looks for 2023

Marks & Spencer has gifts for valentines

Threadbare has new SS232 outfits for her

Bonmarché Has new SS23 activewear women’s ranges

Aspiga has new womenswear

Deichmann UK has new formal and training shoe ranges

From my mother’s garden has new ranges for 2023

Joe Browns has new Slo Joe’s ranges for SS23

 

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

NoLoGo Cath Kidston George at Asda Accessorize Dancing Leopard Sarvin Lipsy M&Co  Cotton Traders Dunelm Hope Fashion The Morphbag by GSK Hope Fashion Crew Clothing Seol + Gold Dancing Leopard Sainsbury’s Beauty Sonder Studio Homesense

 

Home and food

Nest has new lighting

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

Biscuiteers Baking has new Easter goodies

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

Cuckooland  has new home gifts

Cartwright & Butler has new Valentines hampers and gifts

Dobbies Garden Centres has new chimeneas, pizza ovens, firepits, SS23 outdoor cushions, prints, furniture, AW plants, home goods, and pet accessories.

Oliver Bonas has new gifts for the home

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

TK Maxx has new things for you and your home for the New Year

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

Cardfactory has more valentines’ gifts for him and her

Marks & Spencer has gifts for valentines and homeware

Daisy Park has new ranges from East of India

Cambridge Imprint  has new ideas for the home

Designers Guild has new Christian Lacroix collaboration items

Primark Home has new homeware and gifts

Cult Furniture  has new homeware

Matalan has new SS23 homestore ranges

Homesense has new Valentines gifts and SS23 home items

Next introduces its new Land and Parallel collections

 

See additional new home images from the last few weeks from

Fritz Fryer NoLoGo George Home Dunelm M&Co Avalana Cath Kidston Dune London National Trust Shop Furniture Village Luxdeco Designers Guild White Stuff Monsoon  Wilko KMI Brands DFS Fatface Very Habitat Hotel Chocolat Cath Kidston 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 - 28

Days until Mother’s Day – 61

Days until Easter – 82

Days until Eid al-Fitr – 94

Days until Halloween - 287

Days until Black Friday – 311

Days until Christmas Day – 342

 

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

20th – Martin Luther King Day

21st – National Hugging Day (US)

23rd - Have a Brew and Chat Monday/Blue Monday

25th – Burns Night

26th – Australia Day

26th – Indian Republic Day

27th – Chocolate cake day (US)

28th – Data Privacy Day

31st – Tax return payments are due today

 

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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