Main Image: Primark

The latest retail news from Victoria Beckham, HanesBrands, Frasers Group, Zalando, Primark, Prada, Reiss, Castore, John Lewis and articles on the 2022 Christmas bestsellers, why retailers should target the over 50s, why marketing will get you out of the economic storm and more.

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

THE LATEST RETAIL INDUSTRY NEWS

Victoria Beckham’s brand reportedly facing £54m debt

Victoria Beckham’s clothing company is reportedly facing debts of £53.9m however Companies House accounts show a doubling in profits to £11.6m in 2020 – compared to £4.5m in 2019.

Amazon could avoid UK tax for another two years thanks to new tax break

Amazon could avoid tax in the UK for at least another two years via a “super-deduction” relief scheme, for businesses investing in infrastructure, brought in by Rishi Sunak during the pandemic

HanesBrands’ sales drop 14% in Q2

HanesBrands Q2 sales were down 14% to $1.51bn and profits were down 16% to $572m due to a ransomware attack and softer-than-expected POS trends.

Frasers Group offloads retail parks for £205m

Frasers Group has announced that it has completed the disposal of a number of its freehold and long leasehold retail parks for a headline price of £205m.

I SAW IT FIRST reshuffles board as founder Jalal Kamani steps down

Following its acquisition by Frasers Group last month, fashion etailer I SAW IT FIRST has reshuffled its Board of Directors with three members of the Kamani family stepping down.

Zalando cuts marketing spend rather than jobs

Online fashion giant Zalando has chosen to scale back its marketing spend in preference to cutting jobs amid challenging conditions.

Asos and Boohoo targeted by short-sellers

Hedge funds are betting on the demise of online giants Asos and Boohoo in the wake of greenwashing investigation by the Competition and Markets Authority.

Prada seeks $1 billion valuation in Milan listing

Italian luxury group Prada is seeking at least $1 billion from a second listing in Milan and is working with Goldman Sachs Group Inc on early preparations

Most US consumers reluctant to spend due to inflation

Around four out of five consumers (80%) in the US say that they are less confident about spending, while 62% of them believe that the country is currently experiencing a recession.

Recurate says almost half of ‘Circular’ shoppers buy to flip at resale

Flipping is big business, with 48% of high-income shoppers engaging in purchasing goods so that they can then sell the clothing via resellers.

UK businesses selling via online marketplaces turn over £282bn a year

882,900 – 61% of UK businesses up from 48% in 2019 – are selling via online marketplaces bringing in £282bn a year - 6% of all UK business turnover - with revenue growing by 9.4% a year

TRENDS, STRATEGY AND TECHNOLOGY

What will be this year’s Christmas bestsellers?

Retailers are busy behind the scenes finalising their Christmas ranges. Which products and trends are they banking on to whip up a festive frenzy?

Why retailers should be targeting the over 50s

Retailers such as H&M and Farfetch have recently made plays to win over the over 50s shopper. Should more retailers target this often-overlooked demographic rather than Gen Z?

Why marketing is crucial to navigating the economic storm

Coca-Cola and Burger King show how increasing marketing spend can be crucial for building stability and consumer trust in difficult economic times.

How to nudge shoppers to purchase more sustainably

How to avoid plausible deniability - a general feature of people’s desire to do good is that we’re awfully keen to do it — until there’s a plausible excuse not to.

Amazon Fashion launches virtual try-on for sunglasses

Amazon Fashion Europe is making shopping for sunglasses easier for its customers with the launch of its ‘Virtual Try-On’ feature

PEOPLE, MOVERS AND SHAKERS

Ex-Kingfisher and John Lewis director named new chief executive of Joules

Fashion retailer Joules has appointed ex-Kingfisher and John Lewis director Jonathon Brown as chief executive, succeeding Nick Jones.

Primark appoints ex-Tesco exec as first chief customer officer

Primark has appointed former Tesco executive Michelle McEttrick to the newly created position of chief customer officer

BRAND NEWS

Reiss launches second collection with Castore including womenswear

Reiss has launched its second activewear collection in collaboration with Castore introducing womenswear  to the menswear offering.

John Lewis to ditch ‘Never Knowingly Undersold’ this month

John Lewis is set to scrap its longstanding ‘Never Knowingly Undersold’ price pledge on August 22 but is yet to unveil the scheme that will succeed it.

eBay names Love Islander as its first ever ‘Pre-Loved Ambassador’

eBay UK has named Love Islander Tasha Ghouri as its first ever ‘Pre-Loved Ambassador' after the online marketplace made waves as the reality TV show’s first non-fast-fashion partner

Tommy Hilfiger unveils resale programme with ThredUP

Tommy Hilfiger has partnered with online resale platform Thredup, allowing its US customers to sell their pre-loved clothing and shop for second hand items.

Ferragamo partners with Farfetch to expand online presence

Salvatore Ferragamo has partnered with online luxury shopping retailer Farfetch to expand its online presence and grow its visibility among younger shoppers.

Wholesale marketplace Faire launches showroom

Online wholesale marketplace Faire, is launching a showroom experience to easily allow retailers to discover and source premium brands and apparel available on the platform.

AND FINALLY

Topshop and Halpern founder Sir Ralph Halpern dies

The creator of Topshop and retail tycoon Sir Ralph Halpern has died at the age of 83, his family has said.

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots week-ending Aug 12^th 2022?

1/ AW22

2/ Halloween   

3/ Christmas  

4/ SS22

5/ Jacket

6/ Back to school

7/ Lighting

8/ Feathers

9/ Satin   

10/ Candles

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

Swealthy is a Midlands-based home décor and interior design company selling the finest quality homeware, gifts, furniture, art, coffee table books, lighting and so much more and making it available to all through 'attainable opulence.'

Wild Clouds started because they wanted more from their clothing. More sustainability, more longevity, more versatility, more comfort, and they wanted them to be affordable. They’re committed to slow fashion, making seasonless clothing locally in London, using the most sustainable materials they can find.

Threadbare is a proud family-owned British brand bringing great quality up-to-date fashion trends for men, women, children and dogs at affordable prices. Elevated, everyday, essentials

Ivyline creates contemporary accessories for the home and garden. Founded in 1976 the UK team works on everything from initial design to eventual dispatch. Its ethical product range comprises everything from fire pits and candles to planters, plant pots and everything in between.

Sarvin is a Persian-influenced brand, delivering ethically conscious womenswear with distinctive, high-quality garments handpicked from the finest fabrics and materials designed with the majority of the clothes made in the UK.

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.

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

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

Fatface has new kids clothes and pet accessories

Primark has a new Mickey Mouse collaboration and new bag and shoe collections and maternity outfits

M&Co  has new September and October AW22 drops for men, women and kids and Christmas gifts

Very has new V by Very ranges

Lipsy has new AW22 outfits

Roman Originals has more new SS22 outfits

Dune London has new accessories shoes and boots for the autumn

Sonder Studio has new AW22 ranges

Matalan has men’s and women’s shoes, hats, and going-out wear, and kids back to school ranges

Primark has new Looney Tunes cartoon ranges

The Morphbag  has new vegan bag ranges 

Shoe Zone has new wedges for summer, back to school and work shoes

Freemans has new Aniston womenswear ranges

John Lewis has new AW22 clothing and accessories

Barbour has Women’s ranges and back to school outfits

New Look has new women’s ranges

River Island  has accessories, jewellery and new summer clothing imagery and beauty products

Bonmarché has new partywear

Joe Browns has new retro looks

PrettyLittleThing  has new Draya Michele bodycon outfits

See more new clothing and accessories images from the last two weeks from

Aspiga Feel Unique George at Asda National Trust Shop NoLoGo F&F Dancing Leopard Very Office Monsoon  TK Maxx Pink House Mustique Lemuel MC  Cotton Traders Seol + Gold From My Mothers Garden Cocoove

Home and food

Dobbies Garden Centres has new home goods, pet accessories, Christmas decorations and gifts

Next has its Christmas home ranges and new furniture

M&Co  has home accessories

Biscuiteers Baking has biscuits inspired by nursery rhymes

Wilko has festive decorations Christmas and Halloween, and AW22 home 

Cult Furniture  has new furniture

Fritz Fryer has new lighting

National Trust Shop has new AW22 gifts and Christmas decorations

NoLoGo has Christmas table accessories

Paperchase has back to school ranges including backpacks and stationery

Dunelm has its student/freshers week ranges and Christmas ranges

John Lewis has new Christmas Winter Fayre ranges of decorations  and furniture

George Home  has new interior accessories

B&M has new Christmas ranges

Furniture Village has new Christmas imagery and desks for the home

The Range has its Christmas ranges available

See more new home images from the last two weeks from

Abstract House Matalan Dune London Cartwright & Butler Cambridge Imprint Cuckooland Glamour Mirrors/Pebble Green Designers Guild Daisy Park Oliver Bonas Sofology Homesense Marks & Spencer Parker Knoll Hotel Chocolat Primark Cambridge Imprint  Nest TK Maxx  Very  George Home

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 make your products attractive to the media in August    

Summer is in full-swing and hopefully the weather will improve – ie stop raining in the north and stop being so damn hot in the south – so add anything summery including summer clothing, swimwear, and push anything to do with the outside; 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 other related keywords like picnics, garden party, garden parties etc. 

As we’re now all able to travel again there’s still plenty of scope to add summer beach and holiday wear and accessories for the beach and picnics. However, we’re not all lucky enough to go abroad so we suggest you still add keywords and phrases like “staycation” “holistay” “holiday at home” to your keywords and why not suggest clothing like raincoats, coats, hoodies, and cardigans and if you have them then firepits and chimineas for the colder UK evenings would be good.

It's also not too early to be thinking about back-to-school items - Scottish schools start again end of August – and university students will be getting ready to sort out their wardrobes and rooms so add fresher as a keyword.  

It’s also still time to add a few early Halloween ideas and Christmas gifts if you have them. 

August Diary - Weeks/Months

Music festivals are back again, so add any festival wear you have, particularly around the August bank holiday weekend with Reading/Leeds festivals 26-29^th August. 

The 17^th marks 100 days until the Black Friday/Cyber Monday (25-28^th Nov) weekend so start preparing for those sales now.

Weeks to celebrate this month include; World Breastfeeding week (1-7^th August) the Edinburgh Festival (5-28^th August)

August - Days

15^th – VJ (Victory over Japan) Day

16^th – National Rum Day

17^h – 100 days until Black Friday

19^th – Janmashtami – (Hindu Holiday)

20^th – World Honey Bee Day

21^st – World Senior Citizens Day

23^rd - International Day for the Remembrance of the Slave Trade and its Abolition 

25^th – National Secondhand Wardrobe Day

25^th – National Burger Day

25^th – Christmas in August

26^th - Women's Equality Day

28^th – National Red Wine Day

27-29^th – Notting Hill Carnival

29^th – August Bank Holiday

30^th – Ganesh Chaturthi - Hindu holiday

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