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PRShots Digest brings you the latest retail news from Next, B&M, M&S, Fred Perry, Vivienne Westwood, Mamas& Papas, Wilko, Trouva, Sainsbury, Victoria’s Secret, Burberry and Primark. Plus articles on the top e-commerce trends for 2023, how smartphones are retailers’ best friend, fashion and streaming platforms and more.
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THE LATEST RETAIL INDUSTRY NEWS
Next posts better than expected Christmas performance
Next sales in the nine weeks to 30 Dec saw an uplift of 4.8% and as a result has increased its full-year pre-tax profit guidance by £20m to £860m.
B&M profits to come in ahead of expectations
B&M Q3 results to Dec 24 were “very good” and show like-for-like sales up 6.4% and total sales up 10.3% and full-year earnings are now expected to beat City expectations.
Vivienne Westwood reports recovery from pandemic as sales and profits surge
Despite the pandemic, Vivienne Westwood accounts for the year to 31 Dec 2021, saw revenue up to £66.2m from £42.1m with net profit up from £2.8m to £15.2m.
Christmas shoppers provide boost
Overall footfall in December was up 5.8% on November and up 9.9% on 2021 with footfall on high streets 12.7% higher than in 2021, with shopping centres up 10.3% and retail parks up 3.6%.
Wilko gets £40m funding from Homebase and Cath Kidston owner Hilco
Family-owned business Wilko has obtained a £40m loan from Hilco, the owner of Homebase and Cath Kidston to see it through the current challenging trading environment.
Mamas & Papas has record Christmas as stores sales beat pre-Covid levels
Mamas & Papas saw sales up 16% over 2021 for the eight weeks to 25 Dec, and store-based sales were up 27% and had its best-ever trading day on Black Friday with 30 stores setting new records.
‘Takeback Tuesday’ returns increased by 25%
‘Takeback Tuesday’ returns increased by 25% over last year with £1.5bn of items heading back to retailers after they missed Christmas Day as a result of strikes and weather disruption.
Amazon to cut 18,000 jobs across its business
Amazon is to axe approximately 18,000 jobs - about 6% of its workforce – the cuts are thought to impact bricks-and-mortar stores most including Amazon Fresh and Amazon Go.
Online homewares platform Trouva has been acquired by Re:store. Trouva currently partners with over 650 independent boutiques across Europe and shipped to 38 countries worldwide in 2022.
Sainsbury’s unveils ‘biggest ever’ investment in higher staff pay
Sainsbury’s is making its “biggest ever” investment in higher wages for staff, bringing its hourly pay rate up to at least £11 per hour.
Amazon UK workers to strike for first time over pay
Amazon UK workers are set to strike for the first time with Members of the GMB union at a warehouse in Coventry set to walk out on 25 January as part of a dispute over better pay.
TRENDS, STRATEGY AND TECHNOLOGY
Top six e-commerce trends for 2023
There are over 60m eCommerce users in the UK alone, so it’s crucial that online retailers continue to innovate if they want to keep growing too.
How smartphones will be a retailer’s best friend in 2023
Outform’s recent study into post-pandemic shopping habits revealed consumers are using their phones in-store to make product comparisons against competitors.
Why fashion is working with the streaming platforms
Brands are starting to work directly with platforms like Disney+, Amazon Prime, Netflix, Apple TV, Hulu and HBO to not only promote but also sell their ranges via the platforms
Tips for sustainable last-mile deliveries
The "last mile" of ecommerce delivery typically produces the most emissions per package. Here are five ways merchants can help
What options do retailers in distress have?
Wilko is one of many retailers that have turned to alternative lenders amid the challenging trading environment. Retail Gazette looks at the options available for retailers in distress.
Why 2023 will be the breakout year for attention measurement
In the coming year, attention metrics could bolster CTV measurement, see wider standardization and become a cross-channel currency for advertisers to transact on.
Asos predicts fashion trends for 20-somethings for 2023
Over two-thirds (69%) of 20-29 year olds plan to spend the same or more this year on fashion with Asos predicting the hot looks as ballet core, Y2K denim, 1990s grunge and traditional sneakers.
PEOPLE, MOVERS AND SHAKERS
Victoria’s Secret brand CEO Amy Hauk steps down, Martin Waters to take over
Amy Hauk, the chief executive officer of the Victoria's Secret brand, will exit the business on March 31 after just eight months in the role and will be replaced by Martin Waters will take over
BRAND NEWS
M&S snaps up more ex-Debenhams units
M&S is to take over a former Debenhams store in Manchester’s Trafford Centre and follows the take overs of old Debenhams stores in Liverpool One, Leeds White Rose and Essex Lakeside.
Fred Perry reassesses indie stockists
British heritage label Fred Perry has dropped some of its independent wholesale accounts as it attempts to elevate its brand.
Primark CEO “We’ll always be a high street retailer”
Primark boss George Weston told the Financial Times Primark “is and always has been a high street retailer” and anyone saying the retailer needs ecommerce sooner or later should “get over it”.
Burberry reimagines monogram with rabbit ears for Lunar New Year
Burberry has unveiled its Year of the Rabbit 2023 collection featuring the Thomas Burberry Monogram playfully reimagined with rabbit ears to celebrate Lunar New Year.
AND FINALLY
Pelé forever football's fashion icon
When the news broke on December 29, 2022, that Brazilian footballer Pelé had passed aged 82, the sport lost a fashion icon. High Snobiety has a tribute to the great man’s fashion
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
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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
Bonmarché Has new SS23 women’s ranges
Dune London has new SS23 shoe and bag ranges, gift ranges, going out shoes and wedding shoes
New Look has new lingerie, dresses and jeans, as well as 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
F&F has new looks for 2023
Peacocks has new coats and hoodies
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
PrettyLittleThing has new PLT Sports outfits, new Jayda Cheaves and Jodie Woods collaboration and ski wear, party wear and winter clothes and boots.
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 Monsoon Primark Lipsy M&Co Cotton Traders Barbour Dune London Men’s Freemans Dunelm Fatface Hope Fashion The Morphbag by GSK Hope Fashion Crew Clothing Seol + Gold Dancing Leopard Radley Sainsbury’s Beauty Sonder Studio Homesense Oliver Bonas
Home and food
Cardfactory has valentines ranges
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
The Range has kitchen and home ware to keep you organised in 2023
Cambridge Imprint has new stationery
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
Primark has new homeware and gifts
George Home has new soft furnishings, gifts and candles
Dunelm has new SS23 ranges for the lounge and kitchen
Biscuiteers Baking has new Easter goodies
M&Co has new homeware
See additional new home images from the last few weeks from
Marks & Spencer Daisy Park Designers Guild Avalana Cath Kidston Dune London B&M National Trust Shop Furniture Village Luxdeco Designers Guild Cuckooland Abstract House 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 - 40
Days until Mother’s Day - 73
Days until Easter – 94
Days until Eid al-Fitr - 106
Days until Halloween - 299
Days until Christmas Day – 354
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
6th – Epiphany (Time to take your Christmas decorations down)
7th - Orthodox Christmas Day
9th - Divorce Day
9th - Takeback Monday
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!!!
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