The Daily Retail News Digest for brands and media – 20/1/23

Main Image: Threadbare

PRShots Digest brings you the latest retail news from Jigsaw, Seraphine, Waterstones, The Works, Superdrug, Lloyds Pharmacy, Argos, In The Style, Hunter and Shein. Plus articles on how retailers survived Christmas, womenswear trends, and how eBay and Love Island are changing attitudes and more.

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

THE LATEST RETAIL INDUSTRY NEWS

Waterstones profits soar

Waterstones sales increased to £399.8m in the financial year ending April 2022 up from £230.9m in 2021 and £376m in 2020 and posted a £42.1m profit after taxation.

Maternity brand Seraphine looking to be taken private

The board of Seraphine is recommending shareholders accept an offer of 30p per share from Bidco. The offer values the label at around £15.3m, well down on the float value in July 2021.

The Works hails “resilient” performance

The Works saw sales up 5.7% in the 11 weeks ended 15 Jan with in-store sales up by 9.7%, although online sales declined by 14% in part due to Royal Mail strikes before Christmas.

In The Style widens losses as Christmas sales plummet 22%

In The Style sales fell 22% in the quarter to 31 Dec and now expects to make an adjusted EBITDA loss of between £4.25m and £4.75m for the year

Superdrug reports strong Christmas sales as customers return to high streets

Superdrug has posted a 16% rise in sales for the five weeks to Dec 31 after strong Christmas sales driven by a return to stores, demand for fragrance and cosmetics, and the new marketplace.

Lloyds Pharmacy to close all Sainsbury’s outlets

Lloyds Pharmacy is to close all of its 237 branches inside Sainsbury’s stores over the course of the year putting 2,000 jobs on the line.

Argos to close entire retail operation in the Republic with the loss of 580 jobs

Argos is to close its entire operation in the Republic of Ireland, the closure of the 34 stores by June will result in the loss of around 580 jobs

Hunter working with advisers to secure new financial backers

Footwear brand Hunter is reportedly working with advisers at AlixPartners on plans to secure new financial backers, almost three years after it was rescued in a £16.5m rescue deal.

Consumer confidence shows no improvement as it drops to near-historic lows

UK consumer confidence dropped again in January and showed little signs of improvement as it reached near-historic lows.

December retail sales rise but volumes fall as cost of living hits consumers

The Office for National Statistics figures for December show retail sales rose 3.3% year on year by value however, volume was down 6.1%.

Shein in talks on fundraising that would reduce valuation by £30bn

Shein is in discussions to raise up to £3bn in fundraising from its current lenders that would reduce its valuation from £81bn to £51bn.

TRENDS, STRATEGY AND TECHNOLOGY

How the big retailers fared over Christmas

Retail Gazette tracks the winners and losers from the all-important Christmas 2022 trading period, with the sector performing better than expected during the festive period

5 Womenswear trends for AW23

Five autumn/winter 2023 fashion trends spotted at the Just Around the Corner trade show in Manchester by FashionUnited.

How eBay and Love Island’s preloved push is turning shoppers heads

Retail Gazette speaks with eBay UK's global fashion general manager Kirsty Keoghan about how the eBay and Love Island have driven "meaningful change" in shopping behaviour.

How consumers shopped the electricals sector this Christmas

Once a stalwart of Christmas and Boxing Day Sales shopping, the pressure from the cost-of-living crisis meant electricals presented a mixed bag for retailers over this festive season.

Beauty’s 2023 outlook

Expect different kinds of M&A deals, breakthrough categories and a reassessment of influencer brands for beauty in the year ahead.

How brands are selling a fresh start

The new year has become a multi-million pound fixture in the marketing calendar as brands tap into people’s need for a fresh start. But does it work?

Sustainable influencers take on fast fashion

Sustainable influencer Masego Morgan was shocked when a fast fashion giant offered her $1,000 for a single social media post to promote its brand.

BRAND NEWS

Jigsaw expands circular service with new repair scheme pop-up

Jigsaw has expanded its “Jigsaw Forever” scheme with rental service My Wardrobe HQ by launching a repair scheme and opening a pop-up in London.

Misspap collaborates with international model Lexi Wood for Valentine's Day collection

UK e-retailer Misspap has launched a 30 piece Valentine's Day Collection with Canadian international model and influencer Lexi Wood.

AND FINALLY

Condé Nast UK to leave Vogue House after 65 years

British Vogue’s six decade long and storied association with London’s West End is coming to an end as publishing giant Condé Nast moves out of its historic Vogue House officers on Hanover Square.

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots Week ending January 13th 2022?

1/ Valentine 

2/ Easter

3/ SS23

4/ Kitchen

5/ Bags

6/ Lingerie

7/ Wood

8/ Living Room

9/ Bathroom  

10/ Cushion

COLLABORATIONS ON PRSHOTS

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NEW BRANDS TO PRSHOTS

LolaStarr 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.

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

Dune London has new SS23 shoe and bag ranges and accessories

Threadbare has new SS232 clothing ranges for him and her

Very has new womenswear and Valentines fashions

From my mother’s garden has new ranges for 2023

Matalan has Mini Me outfits, menswear and suits, new kids ranges plus a character shop for dressing up

PrettyLittleThing  has a new Gemma Owen collabs and a new Renew range featuring Molly Mae and Valentine’s Day lingerie and going out wear

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

Freemans has new womenswear

Primark has new Varsity ranges, womens ranges, Valentines outfits, new Disney 100 ranges and baby outfits

Night Store has new pyjamas and maternity wear

Barbour has new ranges for adults and dogs

Dune London Men’s has new SS23 footwear

Peacocks has new spring summer outfits lingerie and sleepwear for her

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

John Lewis has new womenswear ranges for SS23

Monsoon has new women’s fashion and accessories for kids and adults

Roman Originals has new warm winter wear, party and going-out outfits

Fatface has new clothing ranges and accessories for kids and adults

TK Maxx has new fashion accessory ranges

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

Bryony Bel has new jewellery ranges

Tu Clothing has activewear for the New Year

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

F&F has new looks for 2023

Marks & Spencer has gifts for valentines

Bonmarché Has new SS23 activewear women’s ranges

Aspiga has new womenswear

Deichmann UK has new formal and training shoe ranges

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 George at Asda Accessorize Dancing Leopard Sarvin Lipsy M&Co  Cotton Traders Dunelm Hope Fashion The Morphbag by GSK Hope Fashion Crew Clothing Seol + Gold Dancing Leopard Sainsbury’s Beauty Sonder Studio Homesense

 

Home and food

National Trust Shop has new gifts and things for the garden

Dobbies Garden Centres has new house plants, chimeneas, pizza ovens, firepits, SS23 outdoor cushions, prints, furniture, home goods, and pet accessories.

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

Homesense has new Valentines gifts and SS23 home items

Cutter & Squidge has Chinese New Year goodies

Paperchase has new gifts

George Home has Valentines gifts and gifts for your pet

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

Nest has new lighting

Biscuiteers Baking has new Easter goodies

Cuckooland  has new home gifts

Cartwright & Butler has new Valentines hampers and gifts

Oliver Bonas has new gifts for the home

Very unveils its new Everyday Homes collection and has Valentines gifts

Sofology has new sofa and footstool ranges as well as things for the home

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

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

Designers Guild has new Christian Lacroix collaboration items

Primark Home has new homeware and gifts

Cult Furniture  has new homeware

Matalan has new SS23 homestore ranges

Next introduces its new Land and Parallel collections

 

See additional new home images from the last few weeks from

Fritz Fryer NoLoGo Dunelm Avalana Cath Kidston Dune London Furniture Village Luxdeco Designers Guild White Stuff Monsoon  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 - 25

Days until Mother’s Day – 58

Days until Easter – 79

Days until Eid al-Fitr – 91

Days until Halloween - 284

Days until Black Friday – 308

Days until Christmas Day – 339

 

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

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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