The Daily Retail News Digest for brands and media – 16/5/23

TRENDS, STRATEGY AND TECHNOLOGY

PEOPLE, MOVERS AND SHAKERS

BRAND NEWS

AND FINALLY

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The Daily Retail News Digest for brands and media – 16/5/23

Main Image:  Joe Browns

PRShots Digest brings you the latest retail news from Boohoo, Boots, Sportshoes, Shoe Zone, Asos, Hunter, Smythson, Allbirds, John Lewis and M&Co. Plus articles on why AI is important for retail, 8 ways a social inbox can help, how to connect Gen Z and more.  

Image: Joe Browns

PRShots Digest - News from Boohoo, Boots, Sportshoes, Shoe Zone, Asos, Hunter, Smythson, Allbirds, John Lewis and M&Co and articles on why AI is important for retail, 8 ways a social inbox can help, how to connect Gen Z & more

https://www.prshots.com/pressnews

#retail #retailnews #fashionnews #Homenews #retailbrandnews #ukretail #retailstrategy

THE LATEST RETAIL INDUSTRY NEWS

Boohoo sales fall and profits halve

Boohoo FY22 sales fell 11% to £1.77bn with UK revenues down 9% resulting in adjusted EBITDA down 49% to £63.3m but said it had made “significant progress” in getting back to growth.

Shoe Zone sales grow as shoppers tighten belts

Shoe Zone sales grew to £75.4m for the half to April 1, 2023, up £7.9% on 2022 with online sales up 12.7% to £14.3m, however adjusted pre-tax profit was down to £2.5m from £3.1m last year.

Greggs hails strong sales growth

Greggs sales were up 17.1% to £609m in the first 19 weeks of 2023 despite a challenging trading backdrop it managed to open 37 (opened 65 closed 26) new shops bringing its total to 2,365 stores.

Asos shares tumble 20% as cash fears grow

Asos has suffered another setback with shares falling 20.7% to their lowest level since 2010 after JP Morgan slashed its target price on Asos stock from 1000p to 610p.

Authentic Brands Group set to snare Hunter deal

US Authentic Brands Group (ABG) is set to buy high-end boots manufacturer Hunter after moving into the lead position as the preferred bidder for the company.

M&Co owner to relaunch retailer’s website next month

AK Retail will relaunch a website for M&Co next month after it acquired the brand and intellectual property of the collapsed retailer in February.

Retail staff are UK’s happiest ‘deskless’ employees

A study looking at work experiences of 3000 UK ‘deskless’ staff finds retail employees feel most appreciated by their managers and are more likely to recommend a career in the industry.

John Lewis hires Saatchi&Saatchi to deliver Christmas and loyalty campaigns

John Lewis Partnership has partnered with Saatchi & Saatchi as its new creative marketing partner for John Lewis, John Lewis Financial Services and Waitrose.

Allbirds Q1 sales decrease by 13.4%

Q1 net revenue at Allbirds decreased 13.4% to $54.4m over the same quarter in 2022 Adjusted EBITDA saw a loss of $21.7m up from a loss of $12.2m Q1 2022

TRENDS, STRATEGY AND TECHNOLOGY

7 retailers thriving due to the resurgence of the high street

Since the pandemic has eased, shoppers have flocked back to the high street. Retail Gazette looks at the retailers benefitting most from this.

Why AI is important to the future of retail

AI is feared by some, lauded by others, but this cutting-edge science that sounds like the future is actually already with us, and retailers are poised to take full advantage of it.

8 ways a social inbox will make your job easier

Find out how a central social inbox can help your team provide better customer service while working smarter, not harder.

How to connect with Gen Z

Leaders from e-commerce businesses including Carwow and Ufurnish discuss current challenges and what marketers can do to build resilience and connect with Gen Z.

Are consumers over influencer culture?

Alexandra Sheppard of Roast investigates the survival of influencer marketing, and suggests brands should lean on their loyal customers not influencers for endorsement.

Amazon planning on bringing AI search to its product search

 Amazon is looking to bring a ChatGPT-style product search to its online platform to improve its customer and employee experiences.

PEOPLE, MOVERS AND SHAKERS

Hunter appoints interim chief executive

Hunter has appointed former Jigsaw head Chris Stephenson as its interim chief executive and will take over from Paolo Porta.

Smythson poaches new chief executive from Hunter

Fashion and luxury goods retailer Smythson has named Hunter boss Paolo Porta as its new chief executive, taking up the role with immediate effect.

BRAND NEWS

Frasers Group to sell Pretty Green

Frasers Group is in talks to sell Liam Gallagher's Pretty Green after it acquired the brand from JD Sports late last year.

Tesco removes two billion pieces of plastic from UK business

Tesco has now removed more than two billion pieces of plastic from its UK business since the launch of its 4Rs - Remove, Reduce, Re-use, Recycle.

Boots offer a permanent 10% discount for Advantage Card customers

Boots is introducing a new permanent 10% discount off its own-brand range for Advantage Card holders.

Selfridges opens The Stock Market concept for clothing exchange and restoration

Selfridges has unveiled a new concept in its Corner Shop space that will allow customers to access services to exchange, restore or upcycle clothing and accessories.

Chanel unveils Timothée Chalamet as its newest ambassador

French-American actor Timothée Chalamet has been unveiled as the newest Chanel ambassador for its Bleu de Chanel fragrance for men.

Sportsshoes.com opens new creative and tech hub to support continued growth

SportsShoes.com has opened a new creative and tech hub adjacent to its head office and warehouse facilities in Bradford.

Frozen food specialist Cook launches subscription service

Frozen food specialist Cook is set to launch a subscription service later this month, following a successful trial of the new scheme.

AND FINALLY x2

Tom Ford on life after fashion

In an interview with Airmail Tom Ford revealed that he is now a free agent and will not return to fashion instead and is to continue his passion for filmmaking that started with “A Single Man”.

Vivienne Westwood’s corsets go on show in London

The renowned legacy of Vivienne Westwood's corsets takes centre stage in a compelling new exhibition entitled 'Vivienne Westwood Corsets – 1987 to Present Day.'

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots Week ending April 12th 2023?

1/ Summer

2/ Garden

3/ Sunglasses

4/ Cushion

5/ Sandals

6/ Green

7/ Coronation

8/ Picnic

9/ Stripe  

10/ Outdoor Living

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

HebTroCo are based in Hebden Bridge and started in 2015 in the pub; they started selling trousers back in 2016 and have never looked back and now sell everything from jackets, to gifts, to their unique Action Blankets. 

Paria sell cycle clothing and accessories that couple urban influences with the grit and fervour of the Yorkshire countryside, and collaborate with artists, designers, and illustrators to create something inspiring that promotes a friendly and inclusive attitude to cycling.

Love Hero founders Joshua, Tanja and Heather believed there was a better way to produce clothing that didn’t cost the planet and could reflect the real people who live on it. Which resulted in Love Hero a planet-conscious clothing for ordinary people living extraordinary lives.

Studio started back in 1962 and delivers everything from homewares through to clothing and footwear from top brand names as well as its own branded clothing.

Mission C founder Qes discovered that CBD oil helped his Grandad - who was living with dementia - feel calm and contented, he knew it could help others too. So he created a natural and accessible remedy for people looking to improve their quality of life.

Lavender Hill creates luxurious staples, using natural sources, with extra emphasis placed on how the clothes feel,  giving every item the softest touch imaginable and that every piece feels soft and comforting next to your skin.

Jessica Russell Flint is British designer who creates vibrant, entirely unique hand-illustrated prints, with luxury products ranging across accessories, clothing, sleepwear and homeware.

Tweedmill is a family run business established in 1971 that creates beautiful British-made blankets, picnic rugs, home accessories and more and are stocked in more than 4000 retailers UK wide.

 

HELP WITH YOUR IMAGE SEARCHES

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BRANDS WITH NEW IMAGES

Clothing, beauty and accessories

Primark has a new Keith Haring collab, new makeup, Primark Cares and EDIT ranges, Jurassic Park kids range, a new Bridgerton range of clothes and accessories.

Fatface has denim jackets, kids summer clothing, sandals, bags, clothes, accessories and jewellery for the summer plus Father’s Day gifts.

Very  has new V by Very ranges

Threadbare has more images from its new Greecian Getaway range.

Matalan has kids summer outfits and beachwear plus new womenswear.

Scamp & Dude has new summer wear.

F&F has new summer ranges modelled by Kelly Brook

Peacocks has new womenswear ranges with swim and beach wear.

Roman Originals has new spring and summer ranges in all sizes.

Monsoon has new shoes, accessories, jewellery and women and children’s summer dresses and beachwear.

New Look has new women’s summer wear, and footwear ranges.

Dune London has new shoes and bags in day-glow colours and embellished with diamante to leather and studs

Accessorize has a wide range of new bags and purses.

Shoe Zone has new summer shoes and sandals.

PrettyLittleThing  has new Kappa and Gemma Owen collaborations, plus beach outfits and a Sasa By Lopez collection.

River Island has new summer wear.

Dunelm has new loungewear.

Oliver Bonas has new summer outfits, shoes, sandals, bags, accessories and jewellery.

Tu Clothing has new linen high-summer clothing.

Barbour has new mens, womens and kids ranges.

Regatta has a new Orla Kiely collaboration range.

George at Asda has new summer beach and womenswear and Father’s Day gifts.

Office has new sandal and trainer ranges.

 

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

Dune London Men’s TK Maxx Aspiga Nologo Daisy Park Bonmarché Peacocks Matalan Bryony Bel Crew Clothing Radley Lipsy National Trust Shop Fatface Cotton Traders

 

Home, garden and food

Joe Browns has new homeware for the summer.

The Range has a new honey comb collection of kitchen and table ware.

Cardfactory has new Father’s Day and mermaid themed gifts.

Homesense has new kitchen and tableware for dinner parties and accessories for the home and picnic ware.

Dobbies Garden Centres has new plants, picnic ideas, terrariums and indoors and outdoors ranges  for the home.

Hobbycraft has new DIY Father’s Day gifts, foam mosaic art and paint and sew your own ranges and cardboard shop and playhouses.

George at Asda has new Father’s Day outfits.

Dunelm has a new Disney and Natural History Museum collaborations plus Timeless and Pride & Joy homeware ranges for lounge, bedroom, dining room and kitchen. 

Oliver Bonas has new home ranges for indoors and outdoors.

Primark has a new Bridgerton range of home ware.

Cartwright & Butler has new Father’s Day ranges.

Regatta has a new Orla Kiely collaboration range of tents and accessories.

Cutter & Squidge has new Father’s Day and afternoon tea treats.

TK Maxx has new homeware, picnic and beach accessories.

Nologo has new gifts.

Studio has new gift ranges.

 

See additional new home images from the last weeks from

Fritz Fryer Habitat Cuckooland Daisy Park Next DFS Ivyline Furniture Village Primark Home Cambridge Imprint Biscuiteers Baking Sofology Wilko National Trust shop Marks & Spencer B&M Cult Furniture Next Branch Jewellery GettingPersonal Nest

 

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 Father's Day - 33

Days until Halloween - 168

Days until Singles Day - 179

Days until Black Friday - 192

Days until Christmas Day - 223

 

How to get your brand on the May Editorial Calendars, higher up on search engines and in social media

We’re now well into Spring, so carry on adding those spring-summer-related images and there are bank holidays aplenty this month, and hopefully, we’ll have great weather. So add all those keywords relating to being out of the house and into the garden and the great outdoors; keywords to add include garden, garden parties, barbecues, (don’t forget to add all of the other spellings BBQ, Bar-B-Que etc) picnics, outdoors etc. 

Summer holidays are on the horizon so images of beach holidays and swimwear, as well as holiday clothes, festival clothes and all of the associated keywords and phrases eg sandals, beachwear, swimsuits, bikinis, linen, summer wear.

Although 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, and why not suggest clothing 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 with any wedding keywords, bridal, bride, groom, hen party, stag do etc.

May Diary - Weeks/Months

May is National Walking Month, National Smile Month and Skin Cancer awareness month

It’s also;

National Vegetarian Week (May 15th – May 21st)

National Stationery Week (May 15th – May 21st)

Cannes Film Festival (May 16th – May 27th)

National Doughnut Week (May 20th – May 28th)

Sandwich Week (May 21st – May 27th)

Chelsea Flower Show (May 22nd – May 27th)

National Barbeque Week (May 29th – June 4th)

 

May - Days

18th – Ascension Day

20th – World Bee Day

20th – World Whisky Day

21st – International Tea Day

22nd – World Goth Day

22nd – Craft Distillery Day (US)

25th - Geek Pride Day

25th – National Wine Day (US)

29th – National Biscuit Day

29th – Spring Bank Holiday

29th – Memorial Day (US)

 

 

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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