Main Image: B&M
PRShots Digest brings you the latest retail news from Castore, Mulberry, L’Oréal, Holland & Barrett, Regatta, Nobody’s Child, Phoebe Philo and On. Plus articles on how M&S reversed its fortunes, why AI won’t kill SEO, 8 TikTok content ideas and more.
To see the latest news go to our Twitter account @prshotsr
THE LATEST RETAIL INDUSTRY NEWS
Castore in talks for $200m fundraising
Manchester-based sportswear brand Castore is in talks with Rothschild to raise $200m to fund its expansion and compete with Nike and Adidas.
Reserved to open new stores in UK and Europe
Polish fashion brand Reserved is launching two London stores and is planning stores in Leeds, Liverpool, Manchester and Newcastle by the end of the year with plans for 400 new EU stores.
Paperchase unsecured creditors left with £20m bill
Paperchase’s unsecured creditors have been stuck with a £20 million bill from its first period in administration after the business failed for the second time.
Tesco criticises ‘inflexibility’ of government’s Apprenticeship Levy fund
Tesco CEO Ken Murphy has expressed his concerns over thousands of staff missing out on new training due to restrictions on the government's Apprenticeship Levy fund.
Mulberry closes Bond Street store as VAT-free shopping ends
Mulberry to close Bond Street store as Jeremy Hunt scraps VAT-free shopping resulting in luxury shoppers travelling to other cities such as Paris and Milan
Company failures to rise in 2023 as cost pressures take their toll
Corporate restructuring firm FRP Advisory has said it is seeing a rise in inquiries identifying soaring inflation and borrowing costs and expects a surge in company failures this year.
Lyst losses widen but revenue and member numbers grow fast
Fashion search engine Lyst accounts for the year to last March saw revenues up 17% to £41.6m, with user numbers up from 156m to 182m, however net losses grew to £27.6m up from £10.1m.
L’Oréal’s Q4 revenue was up 13.5% on 2021 to €10.32bn, full-year revenue hit €38.26bn up 18.5% from the prior year with growth across all regions and divisions in both Q4 and the full year.
UK BNPL payments to exceed $55bn by 2028
UK Buy Now, Pay Later (BNPL) payments are expected to grow by more than 20% a year to reach over $32bn in 2023 and over $55bn by 2028.
TRENDS, STRATEGY AND TECHNOLOGY
After years of sales decline, the M&S clothing and home division has reported record results and is predicted to overtake John Lewis within the next few years. What changed its fortunes?
4 ways to help your company use AI more effectively
The overwhelming majority of leaders today consider their success dependent on strategies using artificial intelligence (AI) to help them find and apply insights that improve decisions and outcomes.
What’s on the to-do list for Primark’s new advisory board?
Primark wants more out of digital, and validity for its fast-fashion model, so Retail Weeks Prospect analysts examine some of the steps it is taking to secure ongoing growth.
How The Range went from market stall origins to cracking UK’s top 30 retailers
In Retail Week’s recent ranking of who the top 30 retailers in the UK will be by 2026, The Range and Adidas were the two new entries that are set to take the 28th and 30th spot respectively.
What is digital asset management and how can it help you?
Digital asset management can play a vital role in your marketing organization, unifying online and offline marketing channels and leading to more efficient marketing resource allocation
TikTok is much more than teens and dance videos. Users represent seemingly every demographic and interest. It's an opportunity for merchants and brands to connect with their audiences.
AI-driven search is coming. Despite rampant speculation, it will not doom organic search traffic. It may even be an opportunity.
Bill Gates: “ChatGPT will change our world”
Microsoft co-founder Bill Gates believes OpenAI's ChatGPT could "change our world" and believes the launch of ChatGPT was as significant as the invention of the internet.
Alibaba looks to muscle in on AI chatbot craze
Chinese e-commerce giant Alibaba said it is currently working on a rival to Microsoft-backed OpenAI's ChatGPT.
PEOPLE, MOVERS AND SHAKERS
Joules former CEO Nick Jones joins US retailer Kohl’s
Joules’ former chief executive Nick Jones has joined US department store chain Kohl’s as chief merchandising and digital officer.
BRAND NEWS
Holland & Barrett named a superbrand
Health & Wellness retailer Holland & Barrett has again been honoured with Consumer Superbrands status in the latest 2022/23 listings.
How On’s robot legs and wind simulators are selling sportswear
Sportswear brand On opened its first UK store on London's Regent Street on Friday and has put technology centre stage.
Regatta collaborates with Christian Lacroix
Outdoor brand Regatta has collaborated with French fashion House Christian Lacroix on an autumn/winter 2023 collection.
Phoebe Philo teases label launch date
British fashion designer and former Celine and Chloé creative director Phoebe Philo has announced that her eponymous clothing and accessories label will launch in September 2023.
Nobody’s Child expands into wedding attire
London-based "eco-conscious" womenswear brand Nobody's Child has launched its first collection of six bridesmaid dress styles ahead of the start of the 2023 wedding season.
AND FINALLY
Recycled plastic collected by Indian waste pickers turned into 152m buttons
A new initiative by the H&M Foundation to collect and recycle plastic waste collected by the poorest in India has helped 32,000 people to get better education, health and safety.
PRSHOTS TOP 10 SEARCHES
What were our users searching for on PRShots Week ending February 10th 2023?
1/ Easter
2/ Valentine
3/ Cushion
4/ Garden
5/ Vase
6/ SS23
7/ Bathroom
8/ Mirror
9/ Spring
10/ Floral
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
Imp & Maker founded by entrepreneur Sarah Louise Fairburn to bring together food, drinks & gifts from established, emerging and exciting new names in the food & drink world for both home and corporate gifting.
Scamp & Dude was created by Jo Tutchener-Sharp, founder and previous MD of Beauty Seen PR and is famous for their signature leopard and lightning bolt print and vibrant designs, which features in their mens, womens, kids and baby ranges.
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Lola Starr is a proud British activewear 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.
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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
Very has V by Very swimwear and Everyday womenswear ranges and new kids tops and jewellery
Primark has new makeup, women and kids clothing, accessories and new KEM, bridal, Denim, and Varsity ranges.
Barbour has new womenswear ranges and accessories for pets
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Roman Originals has new spring and summer ranges
Monsoon has a new range of eco fabric Lenzing clothes
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NoLoGo has new ranges for spring and summer
Fatface has the Fletchers in its new campaign
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New Look has new swimwear and summer clothing drops
Regatta has new active and outdoor shoes and clothes
Radley has new ranges but check the embargo
Matalan launches the Papaya range of clothes as well as new shoes and bags
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Dune London has SS23 shoe and bag ranges and accessories
Cath Kidston has new Harry Potter collaborations
Bryony Bel has new jewellery ranges
Threadbare has new SS23 clothing ranges for him and her
PrettyLittleThing has a new skiing range, Gemma Owen collabs and a new Renew range featuring Molly Mae and going out wear
Joe Browns has new women’s and men’s ranges
Aspiga has new womenswear
Oliver Bonas has new drops for March including clothes, jewellery, bags and accessories.
From my mother’s garden has new ranges for 2023
Cath Kidston has new womenswear and accessory ranges
TK Maxx has new SS23 fashion and accessory ranges
See additional new clothing and accessories images from the last few weeks at
Dune London Men’s River Island Freemans Night Store Peacocks John Lewis Tu Clothing F&F Marks & Spencer Bonmarché Deichmann UK George at Asda Accessorize Dancing Leopard Sarvin Lipsy M&Co Cotton Traders
Home and food
Wilko has hundreds of new kitchen, dining, bed, bath and living room items
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B&M has their new Ocean Tide and Simply Home ranges for the bedroom, bathroom, dining room and lounge
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Biscuiteers Baking has new ranges for Easter, Mother’s day and Father’s Day
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Cutter & Squidge has Mother’s day and Easter hampers and goodies
Dobbies Garden Centres has new edible planting, patio furniture, house plants, chimeneas, pizza ovens, firepits.
National Trust Shop has new puzzles, gifts and things for the garden
Fritz Fryer has new lighting solutions
Cartwright & Butler has new Easter, Mother’s Day hampers and gifts
Cult Furniture has new tables and chairs
Nest has new lamps and lighting solutions
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Next launches a new Tahiti, Stockholm, Arches, Valencia and Medley collections
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The Range has kitchen and home ware to keep you organised in 2023
Furniture Village has new sofa ranges
Fatface has new Easter decorations for the home
George Home has new homeware and gifts for your pet
Homesense has new SS23 home items and gifts for Easter and Mother’s day
Daisy Park has new kitchenware
Very unveils its new Everyday Homes collection
Primark Home has new storage solutions for the home
Oliver Bonas has new gifts for the home
Cath Kidston has new homeware
Cardfactory has gifts for him and her
TK Maxx has new things for you and your home for SS23
Hotel Chocolat has new chocolates for Mother’s Day and pictures of the Chocmobile
Cuckooland has new home gifts and new SS23 home goods
Paperchase has new gifts
See additional new home images from the last few weeks from
Sofology John Lewis Marks & Spencer Cambridge Imprint Designers Guild Matalan NoLoGo Dunelm Avalana Dune London Luxdeco Designers Guild White Stuff Monsoon KMI Brands DFS Fatface Very Habitat 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 - 1
Days until Mother’s Day – 34
Days until Easter – 55
Days until Eid al-Fitr – 67
Days until Halloween – 260
Days until Singles Day - 271
Days until Black Friday – 284
Days until Christmas Day – 315
How to get your brand on the February Editorial Calendars
Aside from continuing to keep an eye on those SS23 drops the first half of the month is about preparing for Valentine’s day issues and the second half is about getting ready for Easter. For Valentine’s day make sure everything has some of the keywords the media will be looking for eg gifts, pink, red, lingerie etc. For Easter make sure everything has some of the keywords the media will be looking for eg eggs, chocolate, easter bunny, easter egg, chick etc.
As we’re coming out of winter it’s time to start putting up images for the spring and summer. So anything related to getting out of the house is good, so get uploading 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).
February Diary - Weeks/Months
In the UK it’s LGBT+ history month and in the US this is Black History Month. It’s a great month for food, we have Pancake Day, national Pizza Day and Bread Week (18th-26th)
Other events include;
Source show Olympia (12th – 14th)
London Fashion Week (17th – 21st)
New York Fashion Week (9th-15th Feb)
Fairtrade Fortnight (Feb 27th – Mar 12th)
February is also National Bird Feeding Month in the US
February - Days
14th – Valentine’s Day
15th – Singles Awareness Day
17th - Random Acts of Kindness Day (US)
18th – Maha Shivaratri
21st – Shrove Tuesday / Pancake Day
26th - National Wear Red Day (Support for Heart disease)
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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