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The latest retail news from Revlon, N Brown, Boohoo, Asos, THG, Tommy Hilfiger, Fortnum & Mason, Duchamp, Halfords and articles on how covid has changed store layouts and purpose, why you need brand-led marketing, and will Walmart Marketplace launch in the UK and more.
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THE LATEST RETAIL INDUSTRY NEWS
Revlon files for bankruptcy protection
Revlon has filed for Chapter 11 bankruptcy protection blaming their problems on online-focused upstart brands which competed for their market.
Simply Be and Jacamo parent N Brown Group figures for the quarter ending May 28 saw revenues of £165.1m, down 2.1% on 2021 however earnings expectations for FY23 remain unchanged
Boohoo posts first ever UK sales drop
Boohoo has posted its first UK sales drop with an 8% fall in sales for the quarter ending 31 May 2022 blaming the fall on supply chain disruption and shifting post-pandemic consumer trends.
Asos has warned it will be expecting lower profits this year after a rise in shoppers returning clothes amid the pressures of higher living costs.
THG rejects all recent ‘undervalued’ takeover approaches
THG says it will not proceed with any of the recent approaches for the online firm which were “unacceptable and significantly undervalued the company”.
Halfords downgrades profit expectations
Halfords saw a 49.8% year-on-year increase in pre-tax profits to £96.6m, with revenues up to £1.37bn for the year to April, but is forecasting lower profits for 2023
Landlord says Regent Street will suffer in work-from-home revolution
London’s Regent Street faces a rise in empty stores, damaged by the post-pandemic work-from-home trend, according to the Crown Estate, as footfall levels in central London remain low.
A quarter of retailers are preparing to enter the metaverse within the next year
Over a quarter of UK retailers report they are preparing to enter the metaverse, according to a new report by consulting firm Baringa.
TRENDS, STRATEGY AND TECHNOLOGY
Has Covid changed the layout and purpose of the store forever?
As retailers re-evaluate their store portfolios, an increasingly radical range of options and uses are being trialled by some of the UK’s biggest retail chains.
Will Walmart’s marketplace be coming to the UK?
Walmart has opened up its marketplace in the US to UK sellers but is this move just a precursor to opening up a UK version of the US marketplace and how will that effect the UK market.
Why marketers should adopt a brand-led marketing approach
Brands are stepping away from the characteristics that make them unique and forgetting what it is they stand for. By doing so, the opportunity to differentiate and set themselves apart is lost.
McKinsey explores the metaverse history and characteristics, how consumers and businesses are using it today and may use it in the future, and its value-creation potential.
6 strategies for growing your loyalty program with SMS
SMS gives you a direct line to your customers to develop deeper connections, drive more sales, and it’s especially effective when used to engage those who are already loyal to your brand.
New tools make text marketing personal and timely
A new tool from Bluecore allows retailers to send personal and timely messages via mobile SMS messaging.
How retail is boosting sustainability through supplier relationships
How Marks and Spencer and H&M are working with their suppliers DHL Supply Chain and Bestseller to help them reach sustainability targets.
Twitter to allow merchants display business details on profiles
Twitter has a new 'Location Spotlight' feature allowing merchants to display their address, contact info, operational hours and directions to the store on their Twitter profile.
PEOPLE, MOVERS AND SHAKERS
Asos names new chief executive
Asos has appointed José Antonio Ramos Calamonte as its new chief executive and Jørgen Lindemann as incoming chair.
BRAND NEWS
Tommy Hilfiger launches first-ever re-commerce offering in the UK
Tommy Hilfiger is launching a six-month partnership with fashion re-commerce platform My Wardrobe HQ to introduce fashion rentals in the UK.
Fortnum & Mason announces partnership with Pattern to expand presence in China
Fortnum & Mason has announced a tie up with ecommerce accelerator Pattern to expand its online business to China.
Duchamp relaunches with first collection in two years
British luxury menswear brand Duchamp, known for its elegant tailoring and accessories, is relaunching with a resort collection for SS22, followed by an AW22 collection in September
AND FINALLY x2
The retail Industry’s most inspiring individuals celebrated
Retail Week’s annual celebration of the sector’s top 100 leaders driving culture, purpose and profits.
Kim Kardashian accused of damaging Marilyn Monroe dress at Met gala
The private museum that owns an iconic dress worn by Marilyn Monroe allowed it to be "permanently damaged" when it lent it to reality star Kim Kardashian for the Met Gala last month.
PRSHOTS TOP 10 SEARCHES
What were our users searching for on PRShots week-ending June 10th 2022?
1/ SS22
2/ AW22
3/ Father’s Day
4/ Bedrooms
5/ Dress
6/ Summer
7/ Picnic
8/ Garden
9/ Cushion
10/ Shorts
COLLABORATIONS ON PRSHOTS
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NEW BRANDS TO PRSHOTS
Teva produced the original sport sandal on the shores of the Grand Canyon back in 1984. Born out of necessity to prevent sandals from floating downstream, a resourceful river guide strapped two Velcro watchbands to a pair of old flip-flops. And just like that, Teva was born.
Chinakwe is a contemporary, Afro Lux, art and lifestyle brand. Founded by artist, stylist and designer, Caroline Chinakwe and is rooted in the artist’s African heritage and European upbringing and embodies bold colours to depict her cultural influences.
Cutter & Squidge is a family-run, all-natural bakery created by two food-obsessed sisters. Playfulness is their passion, they love to create exciting, experimental flavours and artisan designs. Their bakes and gifts are lovingly handcrafted to taste delicious and look exquisite on any occasion.
Peacocks was founded by Albert Frank Peacock in Warrington, in 1884 with the principle of value for money and that still holds today with its good value clothing ranges for men, women and children. The latest Weekend range features brand ambassador Louise Redknapp.
Bonmarché returns to PRShots with its Spring Summer 2022 range if women’s clothing. The range features long, midi and short dresses as well as jackets, swimsuits, shirts and t-shirts
KMI Brands Noughty is a British-born, cruelty-free, vegan and naturals brand on a mission to exceed the performance of premium conventional hair and body care with natural alternatives that won’t cost the earth - literally.
Bryony Bel was born out of a desire for aspirational, contemporary and wearable jewellery without the designer price tag. With over 15 years industry experience at a number of jewellery brands, they bring a curated edit of contemporary and affordable sterling silver and 18kt gold vermeil jewellery.
NoLoGo was founded by designer Tina Malhamé who has worked with Sir Terence Conran, Next, Monsoon, Laura Ashley, Anokhi, Per Una and more. NoLoGo-Chic produces beautiful clothing, each carefully designed and sourced, with its own unique detailing, in gorgeous natural fabrics.
HELP WITH YOUR IMAGE SEARCHES
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BRANDS WITH NEW IMAGES
Clothing, beauty and accessories
Primark has a new modest swimwear, a Pride range, and men and women’s beach and summer wear
M&Co has new summer clothes and accessories for kids and adults
Cocoove has new ranges
PrettyLittleThing has new swimwear, La’Tecia Thomas, Nella Rose, Martha Kalifatidis, Marilyn Melo, Jayda Wayda and Alabama Barker ranges
Very has new summer outfits for men and women and back to school outfits
New Look has new women’s summer and beach outfits
Cath Kidston have kids and adult accessories
Dune London has new occasion wear and summer sandals
From My Mothers Garden has new summer wear
Freemans has new summer outfits including Julien Macdonald ranges
River Island has Father’s Day gifts, accessories and new summer clothing imagery for kids and adults and a Sofia Richie, Charlie Howard and Danny Lomas collabs
Shoe Zone Has new shoe collections
Monsoon has new vintage inspired womenswear and accessories
Hotter has new summer shoes
Barbour has new classic clothing
George at Asda has new summer outfits, vintage and Pride t-shirts
Lipsy has new campaign images
Feel Unique has Father’s Day toiletries
F&F has summer outfits, beach wear and athleisure wear
Roman Originals has more new SS22 outfits
Radley has new bags and accessories
NoLoGo has summer outfits
Crew Clothing has new clothing and accessories
Matalan has Taylor & Wright styles and new family dressing options and Father’s Day gifts
Pink House Mustique has new beachwear
See more new clothing and accessories images from the last two weeks from
Fatface Hope Fashion TK Maxx Dancing Leopard Dune London Mens Marks & Spencer Wilko Oliver Bonas
Home and food
George Home has new dog clothes and toys and homewear
The Range has new outdoor and indoor furniture as well as camping and festival gear
Cult Furniture has new garden furniture and homeware
Homesense has new summer picnic and BBQ ware
Dobbies Garden Centres has new home goods, pet accessories, Fathers’ Day gifts and Christmas decorations
Cuckooland has new garden and outdoor items
Wilko has new outdoor summer wares
Marks & Spencer has new homeware
Abstract House has new canvasses for all tastes
Designers Guild has new AW22 ranges
Parker Knoll has new sofa and chair ranges
Hotel Chocolat has new Father’s Day chocolates
Furniture Village has new Ercol bedroom and lounge furniture
Daisy Park has new decorations and light for outside and in
Primark has new home accessories
Cambridge Imprint has new stationery and printing sets
Cartwright & Butler has new gifts and hampers for Father’s Day
Very has kitchenware and garden items
George Home has the season sell out Ozark blow up chair
Oliver Bonas has new home ware and some early Christmas baubles
Dunelm has new AW22 home wear
Lights4fun has AW22 and Halloween lights
Cath Kidston has new kitchen wear
Oak Furnitureland has new sofa and rug ranges
DFS has new ranges
See more new home images from the last two weeks from
NoLoGo National Trust Shop M&Co Pink House Mustique Fritz Fryer Matalan Sofology Joe Browns Next Paperchase Fatface Next
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
How to get your brand on the June Editorial Calendars
Summer is here - and hopefully the weather will improve – so add anything summery including summer clothing, swimwear, and push anything to do with outside so garden furniture, anything for a garden party, or a picnic or barbecue, and don’t forget to add all of the other spellings BBQ, Bar-B-Que etc and we’re also at the start of the festival season, so make sure you add festival, Glastonbury, to your keyword lists.
Media are starting to ramp up the summer holiday features so swimwear, suitcases, travel bags, travel accessories etc are all images and keywords that you should be adding. Some people are still staying at home, so it’s probably a good idea to think of holidays closer to home, so add in keywords and phrases like “staycation” “holistay” “holiday at home” to your keywords and why not suggest clothing like hoodies, and cardigans for the colder UK evenings.
Also look at sports, particularly anything tennis-related for Wimbledon.
June Diary - Weeks/Months
June is LGBTQ Pride Month, National Smile Month, it’s also Wimbledon (27th-10thJuly) and Royal Ascot (14th-18th), and the return of the Glastonbury festival (22nd-26th).
June - Days
18th – Sustainable Gastronomy Day
18th – International Picnic Day
19th – Father’s Day
19th – Juneteenth
21st – Summer Solstice
22nd – World Rainforest Day
22nd – Windrush Day
24th – Take your dog to work Day
24th – Midsummer’s Day
27th – Wimbledon fortnight starts
30th – International Asteroid Day
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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