The Daily Retail News Digest for brands and media – 10/1/23

Main Image: Marks & Spencer

PRShots Digest brings you the latest retail news from The Fragrance Shop, Card Factory, AO, Urban Outfitters, Belstaff, Castore, Lululemon, Abercrombie & Fitch, Brunello Cucinelli, Missguided, Puma, Koché  and Hunter. Plus articles on five tech trends for 2023, how to refine your loyalty programme, building growth through affiliates and more.

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

THE LATEST RETAIL INDUSTRY NEWS

December sales rise

The BRC-KPMG Retail Sales Monitor figures for December show sales up 6.9% - over a 2.1% increase in 2021 – with 2022 overall showing non-food recording a 3.2% uplift for the year.

UK fashion and beauty spend trailed inflation in December

Barclays figures for total consumer card spend grew 4.4% in December with spending on non-essential items up 4.1% - the biggest increase since July - however, clothing spend rose just 1.5%

Online retail sales see negative growth in 2022

The IMRG Online Retail Index saw UK online sales fall 12% in Dec, and fall 10.5% in 2022, the first time it has fallen since records began. However clothing bucked the trend with 2.5% growth in 2022.

Amazon plans to shut three UK warehouses

Amazon plans to shut three UK warehouses in Hemel Hempstead, Doncaster and Gourock impacting 1,200 jobs, but is to build two fulfilment centres creating 2,500 jobs over two years

Sosandar boosted by record Christmas trading

Sosandar had a record quarter up to January 1st with revenue increasing by 30% to £11.6m, its fifth consecutive quarter of profitability, with an average order value of £106.37 up 11% on 2021.

The Fragrance Shop hails record-breaking Christmas performance

The Fragrance Shop saw an 11.2% uplift in underlying sales in the six weeks to January, thanks to investments in its omnichannel strategy and opening 12 new stores to bring its total to 216.

Card Factory ups profit guidance

Card Factory had a strong Christmas and said that sales for the 11 months to Dec 31 climbed to £432.6m and now expects annual profits to come in ahead of guidance.

AO World raises full-year profit guidance

Despite a 17.2% sales decrease in the last quarter AO World UK has raised its full-year guidance for adjusted EBITDA to be £30-40m for the year to March up from £20-30m

Brunello Cucinelli hails an excellent year

Brunello Cucinelli had a record-breaking year in 2022 with sales up 29.1% to €919.5m, with sales in the Americas rising by 40.5%, Europe 20.8%, and Asia 28.1%.

Urban Outfitters sales up 2.3% over November and December  

Urban Outfitters sales were up 2.3% for the two months ended Dec 31 with sales for the last 11 months up 5.1% compared to the same period last year driven equally by online and in-store.

Belstaff narrows losses as sales bounce back

Belstaff turnover for the year to 31 Dec 2021 was up 16.6% to £50.2m, and reduced its operating loss from £20.4m to £4.5m.

Lululemon forecasts a decline in Christmas gross margins

Lululemon said it expects gross margin to decline in Q4, however, it also raised net revenue forecast to between $2.66-2.7bn, from its previous range of $2.61-$2.66bn.

Castore increases borrowing facility to £75m to aid further strategic growth

Castore has increased the size of its borrowing facility from £50m to £75m with its existing lenders to help liquidity and the group’s growth ambitions.

Abercrombie & Fitch updates Q4 outlook

Abercrombie & Fitch said it expects Q4 sales to be better than expected with a 1-2% increase rather than a 2-4% decrease and now expects full-year sales to be down just 1% not down 2-3%.

TRENDS, STRATEGY AND TECHNOLOGY

Five tech trends that will define retail in 2023

Retail Week asked a panel of tech experts which technology will take centre stage in 2023 and what opportunities will it present for retailers?

Five ways to restart your loyalty programme

To maintain share of wallet and mind, retailers need to focus on communicating value first and foremost and one of the best ways to do this is via an effective loyalty programme.

What Gen Z wants from brands in 2023

The Drum looks at what will impact the attitudes, behaviours and priorities of our next generation of leaders: generation Z

How to build growth through affiliates

With consumer confidence at an all-time low, and inflation at an all-time high, the affiliate channel has retained its status as a robust pillar of transparency in the face of marketing adversity.

Snapchat invests in AR shopping solutions

Snapchat is exploiting its Augmented Reality (AR) know-how with add-on retail solutions, enabling brands to design filters that allow consumers to virtually try on shoes, watches and dresses.  

Advertisers move to TikTok

The US top 1,000 advertisers increased their ad spend on TikTok from Sept to Oct by 66% to $467m as advertisers respond to TikTok’s lower-priced ads and higher levels of engagement

BRAND NEWS

Frasers Group readies Missguided relaunch

Missguided's new collection – the first since it was bought by Frasers Group last June - will be launched in selective House of Fraser stores in April.

Puma launches women’s capsule collection with Koché

Sportswear brand Puma has launched a performance-orientated capsule collection for women in collaboration with Paris-based label Koché

Hunter unveils first trainer collection

British footwear brand Hunter, known for its rainproof Wellington boots, is expanding into everyday trainers for the first time.

AND FINALLY

Walmart announces drone delivery milestone

US retailer Walmart claims it completed more than 6,000 drone deliveries in 2022 in as little as 30 minutes per order.

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots Week ending December 30th 2022?

1/ Christmas 

2/ Magenta

3/ Throw

4/ Cushion

5/ Pink

6/ Coat

7/ SS23

8/ Gifts

9/ Dresses  

10/ Scarf

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 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 Disney 100 ranges, baby outfits and dry shampoo ranges

Fatface has new clothing ranges and accessories for kids and adults

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

PrettyLittleThing  has new Valentine’s Day lingerie and going out wear

Peacocks has new spring summer outfits for her

F&F has new looks for 2023

John Lewis has new womenswear ranges for SS23

Marks & Spencer has gifts for valentines

Threadbare has new SS232 outfits for her

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

Bonmarché Has new SS23 activewear women’s ranges

Monsoon has new accessories and kids and adult ranges

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

Aspiga has new womenswear

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

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

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

NoLoGo has new ranges

Cath Kidston has new bags and clothing ranges

Matalan has new SS23 collections

TK Maxx has new shoes, clothing and accessories for him and her

George at Asda has new SS23 imagery

Accessorize has new SS23 bags, lingerie, accessories, jewellery, hair and gift ranges

Very has new womenswear ranges for SS23

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

Tu Clothing Dancing Leopard Sarvin Lipsy M&Co  Cotton Traders Barbour Dune London Men’s Dunelm Hope Fashion The Morphbag by GSK Hope Fashion Crew Clothing Seol + Gold Dancing Leopard Sainsbury’s Beauty Sonder Studio Homesense Oliver Bonas

 

Home and food

Biscuiteers Baking has new Easter goodies

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

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

Designers Guild has new Christian Lacroix collaboration items

Primark Home has new homeware and gifts

Sofology has new Downton and Bridgerton sofa and footstool ranges

Very unveils its new Everyday Homes collection

Cult Furniture  has new homeware

Matalan has new SS23 homestore ranges

Homesense has new Valentines gifts and SS23 home items

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

TK Maxx has new things for the home

Next introduces its new Land and Parallel collections

Fritz Fryer has new antique lighting

NoLoGo has new tableware

George Home has new soft furnishings, gifts and candles

Dunelm has new SS23 ranges for the lounge and kitchen

M&Co  has new homeware

 

See additional new home images from the last few weeks from

Avalana Cath Kidston Dune London B&M National Trust Shop Furniture Village Luxdeco Designers Guild Cuckooland Oliver Bonas White Stuff Cartwright & Butler Monsoon  Nest 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 - 35

Days until Mother’s Day - 68

Days until Easter – 89

Days until Eid al-Fitr – 101

Days until Halloween - 294

Days until Black Friday – 318

Days until Christmas Day – 349

 

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

14th - Orthodox New Year

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!!!

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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