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The latest retail news from John Lewis, Under Armour, Boots, Hanky Panky, Hugo Boss plus articles on what the future holds for BNPL, how to test international markets, the menswear guide to AW22 and much more.
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THE LATEST RETAIL INDUSTRY NEWS
John Lewis raises hopes of restoring staff bonus after bumper Christmas sales
John Lewis has reignited hopes that it will restore its staff bonus after “fantastic” Christmas sales led it to smash its £100m annual profit target.
Mike-Ashley backed Studio Retail calls in administrators
Studio Retail is appointing administrators and has suspended its LSE listing as it failed to secure £25m funding to help it manage distorted stock levels caused by supply chain issues
Barclays calls for more robust regulation of all BNPL products
Banking giant Barclays is calling for the ‘buy now, pay later’ market to be subject to the same stringent regulation as the wider consumer credit sector.
Footfall recovery continues but cities still struggle says Ipsos RTI
UK retail weekly footfall figures from Ipsos showed non-food footfall was down 24.6% on a two-year basis last week.
Under Armour reports ‘record revenues’
US sportswear brand Under Armour has seen "record revenue" for 2021 with sales up 27% to $5.7bn (£4.2bn), wholesale revenue up 36% to $3.2bn (£2.4bn), and d2c sales up 26% to $2.3bn (£1.7bn).
Boots suitors given until end of the month for fresh bids
Prospective bidders for Boots have been given until the end of the month to place first-round bids in the £7bn battle shaping up for the health and beauty retailer.
Fashion sales surge in February
Total fashion sales in the UK jumped by 61.5% in the week to 6 February, compared with the same period in 2021, BDO’s High Street Sales Tracker shows.
A third of all orders were returned in January
A third (33%) of online orders were returned in January costing consumers a total of £2.2bn on delivery and returns fees.
JD Sports and Footasylum fined £5m for breaching CMA order after covert car park meeting
JD Sports and Footasylum have been fined almost £5m by the Competition and Markets Authority (CMA) for breaching the rules around a merger blocked by the authority.
The UK economy grew by a total of 7.5% in 2021, despite a slow down in December caused by the Omicron variant, figures from the Office for National Statistics (ONS) show.
TRENDS, STRATEGY AND TECHNOLOGY
What does the future hold for BNPL?
The BNPL market shows no sign of slowing down. But questions remain about how the industry will adapt to upcoming government regulation, likely to take effect later this year.
How to test if a new international market is right for your retail business?
Why international expansion requires a “test and learn” approach, and why e-commerce is a key decider and makes it easier to identify which territories to target for expansion than in the past.
Bright statement knits, comforting, cosy textures and sleek, reliable outerwear – menswear shoppers will need product they can depend on next season.
Ingredients before brands: The new beauty consumer priority?
Many beauty consumers are shopping for star ingredients, such as niacinamide and vitamin C, rather than by product or brand name.
Trustpilot launches industry-leading consumer verification tool
Trustpilot has launched a consumer verification tool as part of continued efforts to protect and promote trust online, and help consumers shop with confidence.
BRAND NEWS
Hanky Panky goes big on the UK market
Hanky Panky has a new UK e-commerce platform, a debut flagship store in Bluewater and a portfolio of luxury wholesale such as Net-A-Porter, Harrod’s, Selfridges, Frasers and Matches Fashion
Hugo Boss announces partnership with sustainable yarn developer
German fashion company Hugo Boss has announced a long-term strategic partnership with sustainable yarn developer HeiQ AeoniQ, in line with its ‘Claim 5’ growth strategy.
Resale platform HEWI launches crowdfunding campaign
Luxury resale platform Hardly Ever Worn It (HEWI) has launched a crowdfunding campaign offering investment opportunities to its customers to help change how the world shops for luxury.
Alibaba Unveils ‘Virtual Influencer’ for the Olympic Winter Games Beijing 2022
Alibaba Group has unveiled its brand-new virtual influencer for the Olympic Winter Games Beijing 2022.
AND FINALLY
HRMC seizes NFTs in UK-first fraud case for £1.4m
HM Revenue and Customs (HMRC) has seized three Non-Fungible Tokens (NFTs) as part of an investigation into a suspected fraud involving 250 fake companies.
PRSHOTS TOP 10 SEARCHES
What were our users searching for on PRShots week-ending February 11th 2022?
1/ SS22
2/ Valentine
3/ Easter
4/ Garden
5/ Kids
6/ Bags
7/ Bath
8/ Mother’s Day
9/ Kitchen
10/ Green
COLLABORATIONS ON PRSHOTS
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NEW BRANDS TO PRSHOTS
DoTerra was founded in 2008, after the health-care and business professional founders discovered the benefits of natural essential oils and decided to bring those benefits to wider audience – doTERRA is the Latin for “Gift of the Earth.”
V.Gan started in 2018 with the aim of providing animal-friendly fashion and has quickly established ourselves as one of the most progressive in the vegan community and is available worldwide.
The Jacket Bar was born in the streets of Notting Hill by two long-time friends Diane and Sara, who shared a passion for iconic vintage pieces from the early ‘90s with the retro look and style of the era.
Delightfull is a Portuguese interiors business with offices in the UK that specialises in high-end furniture and lighting solutions. Their products are handmade and combine a long heritage of skilled crafts and have an eye for the emerging needs of the future.
Designer Angelika Józefczyk was inspired by the expression of artists like William Morris, Gustav Klimt, and the architecture of Antonio Gaudi. The collection uses embroidered and patterned soft fabrics like chiffon, satin and crepe.
The MorphBag by GSK is an award-winning London-based luxury vegan handbag brand. Designed by Italian born award-winning luxury handbag designer Giovanna Sessi-Knott the sustainable bags have a timeless and versatile design and come in three colour-coordinated options.
Night Store combines a girl’s night glamour and dreamy levels of comfort, all pieces are designed with a relaxed fit. Best served with a glass of your favourite on a chilled night in or catching up with friends.
Under the Make it British umbrella we have a selection of innovative small businesses producing beautiful clothes, accessories and jewellery and they’re all designed and made in the UK.
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 and accessories
Primark has new leisure wear men and women
Lipsy has new SS22 outfits and bridal wear
Matalan has new Papaya and kids ranges
Sonder Studio has SS22 shots
Aspiga has organic eco clothing ranges
Barbour has a new summer clothing
River Island has new summery SS22 outfits
Feelunique has new campaign images
Regatta has new outdoor clothing ranges
M&Co has new SS22 campaign imagery and Kylie and kids ranges
Hope Fashion has new ranges
Fatface has new accessories and shoes range
Very has new accessories and clothing ranges
Pretty Little Thing has new ranges
Dune London has new bags and shoes
Seol + Gold has new jewellery
From My Mothers Garden has new kimonos
Cath Kidston has new women’s and kids clothing and accessories
Primark has new makeup ranges
Kaleidoscope has new SS22 womenswear
Sainsbury’s beauty has new ranges
Office has new March shoe drops and summer sandals
The Jacket Bar has new ranges
Dune London Mens has new summer ranges
See more new clothing and accessories images from the last two weeks from
Joe Browns George at Asda Cocoove Tu Clothing New Look
Home
Habitat has new bedding and homewear
Dobbies Garden Centres has new home goods and things for outdoor summer entertaining
Abstract House has new canvases
Cult Furniture has new home furniture
B&M has new home accessories
Cambridge Imprint has new patterned papers
Fatface has new home ranges and easter gifts
Nest has new home ranges for indoors and outdoors
Dunelm has new homeware and bedding
National Trust Shop has new books, gifts for easter and SS22 collections
Biscuiteers Baking has new treats for mother’s day
Paperchase has new gifts for the home
Lights4fun has new lights for the garden and home for Easter and summer
DFS launched its Vegan sofa and furniture range
Fritz Fryer has new lighting
Next has garden and outdoors furniture plus gifts for valentines, Easter and homeware
Homesense has new home ranges
George Home has new Easter gifts for adults, kids and pets
Cartwright & Butler has new hampers (including vegan and gluten free) and gifts
Baa Stool has a new range of accessories
Furniture Village has new furniture, homeware and lighting
See more new home images from the last two weeks from
The Range Very Oliver Bonas TKMaxx Avalana John Lewis Primark Designers Guild Marks & Spencer
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
February Diary
How to get your brand on the February Editorial Calendars
Aside from continuing to keep an eye on those SS21 drops the first half of the month is preparing for Valentine’s day issues and the second half is about getting ready for Easter. 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 – Pandemic allowing - so 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 February is LGBT+ history month and in the US this is Black History Month. It’s a great month for food, we have Chinese New Year, Pancake day and national Pizza Day.
Additionally, it’s also Bread Week (19th-27th), Fairtrade Fortnight (Feb 21st – Mar 6th) and it’s National Bird Feeding Month in the US
February - Days
14th – Valentine’s Day
17th - Random Acts of Kindness Day (US)
26th - National Wear Red Day (Support for Heart disease)
28th – Maha Shivaratri
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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