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The latest retail news from Gap, Reebok, Victoria’s Secret, Mango, TK Maxx, M&S, Nike, Asos plus articles on three behavioural trends to look out for in 2022, how brands are targeting ethnic minorities, can fashion shows be sustainable and much more.
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THE LATEST RETAIL INDUSTRY NEWS
Gap says earnings set for strong 2022 as social events return
Gap forecast 2022 earnings are above estimates, as it bets on strong demand for its Old Navy and Athleta clothing brands as Americans return to offices and social events.
Numbers visiting UK stores now closer to pre-pandemic levels
UK shoppers are returning faster to the high streets (-14.9% in Feb 2022, compared to Feb 2020) than they are in Spain (-16.4%), France (-20.3%), Italy (-29.1%) and Germany (-42.6%).
Amazon launches first ‘sustainable’ own-brand range
Amazon has launched an own-label range across several categories entirely comprising “consciously created” products certified to meet sustainability criteria.
Victoria's Secret returns to black in 2021, sale surge 25%
Victoria's Secret returned to the black in 2021 with profits of $646.4m up from a net loss of $72.3m in 2020, following a 25% uptick in annual sales to $6.785bn from $5.413bn and solid Q4 revenue growth.
Missguided warns 140 jobs at risk after “supply chain disruption”
Missguided has warned that 140 jobs remain at risk following supply chain disruptions, inflation and a decline in customer demand.
93% of UK online shoppers bought from Amazon in 2021
93% of UK online shoppers bought from Amazon in 2021, maintaining its 2020 position and retaining the customers it acquired during lockdown.
Retail landlord Hammerson's strong recovery continues
Hammerson has reported a “strong" footfall recovery “in all territories” and “strong” demand for prime space with flagship leasing value of £25m, up 150% on 2020 and occupancy improving to 96% from 93%.
Majority of shoppers still less likely to shop in store than pre-pandemic
The Covid restrictions may have eased, consumers don’t plan on rushing back to the high street, with 70.6% of respondents stating that they are now less likely to shop in store.
Authentic Brands Group completes purchase of Reebok
Authentic Brands Group has completed its purchase of Reebok from Adidas in what is its largest acquisition to date.
TRENDS, STRATEGY AND TECHNOLOGY
Three behavioural trends to look out for in 2022
Over the past two years, we’ve had more time to reflect and re-assess our life priorities and, ultimately, reconsider what it is that makes us happy.
How Asos, Louis Vuitton and Nike are successfully targeting ethnic minority shoppers
Retail Gazette highlights three retailers that have successfully targeted and catered for shoppers from ethnic minorities
Can fashion shows ever be sustainable?
Fashion shows are back in physical form this season, but everything is under pressure to change, from the details of construction to the catering, and even the very format itself.
How the pandemic has affected ecommerce
The last two years have brought fast and dramatic changes to the way we buy and receive goods. To what extent will these changes endure in 2022 and beyond?
How M&S is turbocharging online growth
After spending the past decade in the doldrums, M&S’ turnaround is finally back on track and that is no small part due to its fast-growing online business.
Are fashion collaborations successful?
On the surface, fashion collaborations might seem like an exciting way to generate new business and overall sales performance. But scratch below the surface and the reality is very different.
BRAND NEWS
Mango temporarily suspends operations in Russia
Spanish retailer Mango has joined the string of fashion brands temporarily closing their doors on Russian operations
M&S to suspend shipments to Russian franchise business
Marks & Spencer is suspending shipments to its Turkish franchisee’s Russian business, with immediate effect.
H&M and Asos suspend sales in Russia
H&M Group has announced that it has paused all sales in Russia following the country’s invasion of Ukraine.
TK Maxx to sell 25% stake in Russian apparel retailer Familia
TK Maxx’s parent company is selling its 25% stake in the Russian discount clothing retailer Familia following Moscow’s invasion of Ukraine.
Nike to temporarily close all stores in Russia
Nike temporarily shutters all its stores in Russia following Moscow’s invasion of Ukraine and has made online purchases in Russia unavailable
H&M and Boohoo suspend sales in Russia
H&M and Boohoo are the latest fashion retailers to stop sales in Russia and Ukraine following the invasion.
Ikea closes Russia stores and halts sourcing from Belarus
Ikea has closed its stores in Russia and parent company Ingka Group has paused all imports and exports in and out of the country and Belarus
AND FINALLY
The retailers pulling out of Russia
The mass exodus of retailers and brands cutting ties with Russia continues to grow as sanctions rack up over the invasion of the Ukraine.
PRSHOTS TOP 10 SEARCHES
What were our users searching for on PRShots week-ending February 25th 2022?
1/ SS22
2/ Easter
3/ Garden
4/ Floral
5/ Shoes
6/ Green
7/ Jubilee
8/ Polka Dot
9/ Living Room
10/ Mother’s Day
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
Gold Collagen was started by Tony Sanguinetti whilst on a trip to Japan where he noticed that taking collagen drinks to supplement their diet was key to Japanese women’s youthful appearance and their daily beauty regimes.
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.”
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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.
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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
Matalan has SS22 outfits for men and women and Mother’s day ranges
Very has new accessories, shoes and clothing ranges
New Look has women and kids SS22 ranges
M&Co has new outdoor summer and family ranges
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TKMaxx has new spring summer ranges
Hope Fashion has new dresses
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Dune London has new luggage, bags, shoes and glasses
Barbour has new summer outfits for kids and adults
Freemans has the latest Star by Julien Macdonald ranges
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Feelunique has new beauty ranges
Dune London Mens has new spring and summer shoes
Oliver Bonas has new clothing, jewellery, beauty products and bags
Lipsy has bright new SS22 outfits
Primark has new leisure wear men and women and a Mickey Mouse range
River Island has new summery SS22 outfits and International Women’s day clothes
Pink House Mustique has new womenswear
Homesense has new gifts and home wear images for Easter
See more new clothing and accessories images from the last two weeks from
Regatta Fatface Crew Clothing Tu Clothing George at Asda From My Mothers Garden Radley Sonder Studio Aspiga Pretty Little Thing Seol + Gold Cath Kidston Primark Kaleidoscope Sainsbury’s beauty Office The Jacket Bar Joe Browns Cocoove
Home
George Home has new home and garden ware
Furniture Village has new outdoor furniture and sofa ranges
Abstract House has new canvases
Next has new homeware outdoor furniture and picnic dining
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DFS launched new furniture ranges including a vegan range
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Habitat has new home furniture and bedding and kids bedroom ranges
Cartwright & Butler has new Mother’s day gift boxes
National Trust Shop has new books, gifts for easter and SS22 collections
Nest has new home ranges and prints
Cult Furniture has new home furniture
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Parker Knoll has new furniture ranges
Collins & Hayes has new sofa ranges
Oliver Bonas has new March release home products
Paperchase has new wedding stationery and gifts for the home
Biscuiteers Baking has new Father’s Day and Mother’s Day gifts
Sofology has new bedroom furniture
Dobbies Garden Centres has new home goods and things for outdoor summer entertaining and Mother’s Day
See more new home images from the last two weeks from
Fatface B&M Cambridge Imprint Dunelm Lights4fun Baa Stool Homesense Fritz Fryer The Range Very 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
March Diary
How to get your brand on the March Editorial Calendars
March is mostly about preparing for the big Easter holidays in April so make sure you are starting to include relevant Easter keywords, plus it’s also the time people make their first big getaway abroad so any keywords and clothes for warmer climes, loungewear, going-out wear, swimsuits, bikinis etc should be added.
At the end of the month, there’s Mothers’ Day. If you have any relevant gifts, cards etc then get them uploaded and get Mother’s Day in your keywords and on anything appropriate. Also, if you have anything green then add that for St Patrick’s day in the middle of the month.
Plus, as we’re now definitely in Spring, so carry on adding those spring summer related 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).
March Diary - Weeks/Months
In the UK it’s National Bed Month - Introduced by The Sleep Council and The National Bed Federation, it aims to raise awareness of the importance of sleep so push anything sleep-related. it’s also the British Heart Foundations Dechox month which encourages people to give up chocolate – cakes and biscuits - for the month! So, any chocolate, biscuit or cake alternatives should be pushed.
Other events include;
Fairtrade Fortnight (Feb 21st – Mar 6th)
British Pie Week (7th-13th)
British Science Week (11th-20th)
Butchers Week (7th-13th)
March - Days
8th – International Women’s Day
9th – No Smoking Day
14th – Commonwealth Day
17th – St Patrick’s Day
18th – Global Recycling Day
18th – Red Nose Day for Comic Relief
28th – Holi Hindu Festival
20th – First Day of Spring
21st – International Day of Forests
22nd – World Water Day
22nd -23rd - The London Textile Fair - Business Design Centre in Islington, North London
25th – National Bridesmaids Day
27th - Mother’s Day UK
27th – The Oscars
27th – British Summertime Begins
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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