The Daily Retail News Digest for brands and media – 12/1/23

Main Image: B&M

PRShots Digest brings you the latest retail news from M&S, Pepco, N Brown, Very, ProCook, Paperchase, Not on the High Street, PdPaola, Moda Operandi, Lacoste and Asos. Plus articles on how to reduce your marketing carbon emissions, how the generations view digital, is Argos back to its best and more.

To see the latest news go to our Twitter account @prshotsr

THE LATEST RETAIL INDUSTRY NEWS

ASOS posts decline in sales

ASOS revenue fell by 4% after experiencing volatile trading in the four months to 31 Dec. The drop was broadly in line with expectations and a result of challenging trading conditions.

Marks & Spencer sees festive sales surge

Marks & Spencer sales in the quarter to 31 Dec grew 9.7% to £3.3bn with clothing and home sales up 8.6% with store sales up by 12.8% with sales of third-party brands up by around 50%.

Pepco Group enjoys strong Christmas trading

Poundland owner Pepco Group posted a 24% increase in group revenue to €1.65bn In the quarter to 31 Dec with 4.4% increase in sales for Poundland and a 19.7% increase in sales for Pepco.

N Brown struggles over Christmas

N Brown reported a 7.6% fall in group revenue and a 9.2% fall in product sales over Christmas but said the performance was “solid” for the current environment and in line with expectations

Very sales rise at Christmas as toy and beauty categories do well

The Very Group reported a lift in sales in the run up to Christmas with retail sales up 2.2% in the seven weeks to Dec 23, with strong demand for toys and beauty products.

ProCook on track despite dip in revenue

Pro-Cook‘s Q3 revenue was down 2.5% to £22.4m however, during the final four weeks of the period, total revenue edged up 2.9% and revenues were up 108.7% over its pre-pandemic results.

Not on the High Street to make job cuts

Not on the High Street has warned staff that it plans to reduce staff numbers from the current 220, blaming the challenging market for e-commerce businesses

Asos to close down offices and storage warehouses

Asos has implemented a £300m package of “cost mitigation measures” including winding down three storage facilities, reducing office space and removing 35 unprofitable brands.

Paperchase put up for sale four months after takeover

Retail investor Steve Curtis who bought Paperchase four months ago, has put the business up for sale and has asked PwC to find a buyer, with the sale to be completed in the next few weeks.

European apparel sector slumps in Q3 2022

European fashion manufacturing activity slumped in Q2 2022 with European textile output down 3.2%, and clothing down 4.2% but manufacturers remain optimistic.

Buy now pay later usage soars,

Buy now Pay Later (BNPL) usage hit an all-time high over Christmas, with 34% of UK shoppers using BNPL, up from 26% in 2021, with fashion the most popular category accounting for 41% of sales.

TRENDS, STRATEGY AND TECHNOLOGY

How to reduce your digital marketing carbon emissions

Five steps advertisers can take to reduce their contribution to the heavy carbon cost of digital marketing.

How digital shopping experiences change with shoppers age

A new survey from Tata Consultancy Services finds there are generational differences when it comes to digital shopping experiences and data privacy.

Is Argos finally back to its best?

Argos was the surprise star performer for Sainsbury’s over Christmas, driving strong general merchandise sales growth. After years of underperformance, is Argos back at its best?

M&S to use calendar events such as Easter & Valentines to maintain positives sales

M&S CEO Stuart Machin says the retailer will use events across the year such as Easter and Valentine’s day to maintain strong food & clothing sales

PEOPLE, MOVERS AND SHAKERS

Marks & Spencer reshapes top digital team for next growth phase

Marks & Spencer co-chief executive Katie Bickerstaffe has “reset” her team to build on omnichannel momentum and create a more compelling customer ecosystem

BRAND NEWS

PdPaola to open its first store in London

Barcelona-based jewellery brand PdPaola is opening its first international store in London in mid-February.

M&S collaborates with staff artist to create memorable carrier bag

M&S has teamed up with previous store employee and London-based artist, Yinka Ilori to create its “most stylish and durable” carrier bag to date.

Moda Operandi launches beauty

Luxury e-tailer Moda Operandi has launched its beauty category with a curated edit of “the best in beauty” from established and emerging names.

Lacoste signs on three Olympic athletes as new brand ambassadors

Lacoste has signed on three Olympic athletes as brand ambassadors: water polo player Ashleigh Johnson from the US, shooter Ruth Mwandumba from UK and German gymnast Marcel Nguyen.

AND FINALLY

’90s supermodel Tatjana Patitz dies age 56

Tatjana Patitz, one of the original supermodels who dominated fashion in the 1980s and 90s commanding huge payouts for photoshoots, died Wednesday, her agent said. She was 56.

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots Week ending January 10th 2022?

1/ Valentine 

2/ Easter

3/ Cushion

4/ SS23

5/ Bathroom

6/ Candle

7/ Vase

8/ Magenta

9/ Pink  

10/ Red

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

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

Primark has Valentines outfits, new Disney 100 ranges, baby outfits and dry shampoo ranges

New Look has new bags and shoes, Valentine’s 2023 lingerie, tops and dresses, as well as jeans, and winter outfits and loungewear

Oliver Bonas has new drops for February including clothes, jewellery, bags and accessories

River Island has new Valentines outfits Active ranges and SS23 winter clothes for Jan-Feb drops

Tu Clothing has activewear for the New Year

Fatface has new clothing ranges and accessories for kids and adults

Radley has new ranges for release in February, March and April

PrettyLittleThing  has new Valentine’s Day lingerie and going out wear

Peacocks has new spring summer outfits for her

F&F has new looks for 2023

John Lewis has new womenswear ranges for SS23

Marks & Spencer has gifts for valentines

Threadbare has new SS232 outfits for her

Dune London has new SS23 shoe and bag ranges, gift ranges, going out shoes and wedding shoes

Bonmarché Has new SS23 activewear women’s ranges

Monsoon has new accessories and kids and adult ranges

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

Joe Browns has new Slo Joe’s ranges for SS23

 

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

NoLoGo Cath Kidston Matalan TK Maxx George at Asda Accessorize Very Dancing Leopard Sarvin Lipsy M&Co  Cotton Traders Barbour Dune London Men’s Dunelm Hope Fashion The Morphbag by GSK Hope Fashion Crew Clothing Seol + Gold Dancing Leopard Sainsbury’s Beauty Sonder Studio Homesense

 

Home and food

TK Maxx has new things for you and your home for the New Year

B&M has their new Urban Eden and Superbloom collections for summer outdoors and Easter collections

Biscuiteers Baking has new Easter goodies

John Lewis has new solutions for the whole house from living rooms to bedrooms

Cardfactory has more valentines’ gifts for him and her

Marks & Spencer has gifts for valentines and homeware

Daisy Park has new ranges from East of India

Cambridge Imprint  has new ideas for the home

The Range  has kitchen and home ware to keep you organised in 2023

Designers Guild has new Christian Lacroix collaboration items

Primark Home has new homeware and gifts

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

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.

Next introduces its new Land and Parallel collections

 

See additional new home images from the last few weeks from

Fritz Fryer NoLoGo George Home Dunelm M&Co Avalana Cath Kidston Dune London National Trust Shop Furniture Village Luxdeco Designers Guild Cuckooland 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 - 34

Days until Mother’s Day - 67

Days until Easter – 88

Days until Eid al-Fitr – 100

Days until Halloween - 293

Days until Black Friday – 317

Days until Christmas Day – 348

 

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

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!!!

Bookmark our PRShots news section https://www.prshots.com/pressnews and keep up to date with the PRShots daily guide to some of the latest news and trends in the retail, home and marketing sectors.

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