The Daily Retail News Digest for brands and media โ€“ 22/6/22

Main Image: Very

The latest retail news from Fraser’s Group, JD Sports, B&M, Fenwick, John Smedley, Lloyds Pharmacy and articles on how fashion can transition to a circular economy, 5 emails every brand needs to master, how to appeal to the teen influencer and more.

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

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THE LATEST RETAIL INDUSTRY NEWS

Mike Ashley’s Frasers Group raises stake in Hugo Boss again

Frasers Group has upped its stake in Hugo Boss to 3.4m shares of common stock (4.9% of Hugo Boss’s share capital), and 18.3m shares via sale put options (26%) worth around £770m in total.

JD Sports’ profits double versus pre-pandemic record

JD Sports pre-tax profits for the year to Feb 2022 reached £947.2m doubling its pre-covid profits record high of £438.8m for the year to February 1 2020.

UK inflation spikes again to hit another 40-year high

Soaring food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the highest rate out of the Group of Seven countries.

Digital loyalty programme memberships to exceed 32bn by 2026

The number of digital loyalty programme memberships will exceed 32bn globally by 2026 a growth of 33% from 2022’s 24bn as retailers strive to differentiate themselves and drive sales.

Online reviews drive 80% of sales

More than 80% of purchases are impacted by reviews, with 32% of consumers seeing them as the most important consideration when looking to purchase goods.

Brexit has damaged UK economy even though trade with EU has recovered

โ€‹Britain is becoming a more closed economy due to Brexit, with bad long-term implications for productivity and wages to leave the average worker £470 a year poorer by the end of the decade.

Asda chair Rose urges VAT cut to combat cost of living crunch

Asda chair Lord Stuart Rose believes the government should consider reducing VAT or further cutting fuel tax to help ’kill’ inflation, which is prompting shoppers to limit their spending.

Virgin Media O2 unveils sustainable shopping platform

Virgin Media O2 has partnered with loyalty app Kindred to give its users the chance to carbon offset their purchases on a ‘Feel Good Shopping’ feature on the ‘My O2’ app.

Consumers trust brand websites over social media

The majority (79%) of British consumers trust a business with a website more than a business with just a ‘shop window’ social media page.

First day of national rail strike puts huge dent in UK retail footfall

The first day of the railway workers’ strike has had a dramatic impact on footfall, with Springboard figures showing footfall across all UK high streets is down 8.5% on last week with London hit hard.

Global luxury outlook still strong, sales to grow at least 5% this year

Sales of luxury goods are set to rise at least 5% this year as shoppers in the US and Europe continue to snap up high-end watches, jewellery and shoes despite political uncertainty and soaring inflation

Most consumers more likely to buy from e-stores with free returns

UK small businesses lost an average £15,600 a month due to serial returners in 2021, but ending free returns would be a deal-breaker for many UK shoppers.

TRENDS, STRATEGY AND TECHNOLOGY

How can the fashion industry transition to a circular economy

To achieve the 4Rs Reducing, Repairing, Reselling Recycling supply chains need to be designed in a circular way, ensuring visibility, close orchestration, and establishing new consumer behaviours.

The 5 emails every DTC brand needs

To maximize email marketing return on investment, direct-to-consumer brands need to master five kinds of foundational email campaigns.

How teens influence purchase decisions

teens are influencing their parents like never before. It is, then, time for marketers to ready an inclusive marketing plan that considers this influencer set’s influence on purchase decisions.

AR plays a key role in driving purchases.

The role of augmented reality technology in shopping is now a significant driver of purchases and consumers find AR more influential in the purchasing process than product reviews and videos

Why lingerie is making post-pandemic comeback

Women's underwear didn't fare too well during the jogging-bottoms-and-pyjamas phase of the pandemic, but from the red carpet to lingerie shows underwear is making a big comeback.

The new jewellery trends

Jewellery is making a comeback post-pandemic in totally unexpected forms, often elevated from a simple accessory to a garment in its own right, from jewel caps to bras, headbands and eye gems.

How companies should invest in a downturn

The current downturn offers unique opportunities to judiciously invest in the future, here are three ways managers can benefit from and even plan for growth in this volatile environment.

 Are retail employees ready for today’s cybersecurity challenges?

Often, when a hacker sets their sights on an organisation, the first thing they target is human error and they often start with a lowly employee and work their way up

3 ways to scale your online sales

With social platforms expanding their capabilities and digital marketplaces gaining popularity, how can new fashion brands take advantage of these changes?

PEOPLE, MOVERS AND SHAKERS

Amazon names Doug Herrington CEO of worldwide Amazon stores

Amazon has appointed Doug Herrington to the role of CEO of worldwide Amazon stores, Herrington was previously head of the US consumer business and launched Amazon Fresh

BRAND NEWS

B&M has launched an online home delivery trial

B&M has launched an online home delivery trial with up to 100 products, including sofas, kitchen appliances and garden furniture available to order online for home delivery.

Amazon opens first Fresh grocery store outside of London

Amazon has opened its first Amazon Fresh outside of London, the store in Sevenoaks Kent is the 19th Amazon Fresh grocery store in the UK.

Fenwick partners with Front Row London to launch exclusive rental service

Department store Fenwick has collaborated with luxury-on-loan wear, Front Row London to launch an exclusive rental service in their Bond Street and Newcastle stores.

Deliveroo extends LloydsPharmacy partnership to 150 stores

Deliveroo has extended its rapid delivery partnership with LloydsPharmacy, with healthcare products now available in as little as 30-minutes from 150 stores across the UK.

John Smedley targets Chinese growth with digital initiatives

John Smedley is making a major push into China and is currently launching a suite of digital activities for consumers on the mainland, “to drive the brand forward in the world’s largest market”.

eBay deploys live shopping platform

eBay is moving into live shopping sessions with eBay Live, currently in its final test phase, it allows users to ask questions and make purchases via live-streamed video sessions.

AND FINALLY

M&S ‘bewildered and disappointed’ by Gove’s Marble Arch intervention

Marks & Spencer has reacted angrily to Michael Gove’s decision to call in the planned redevelopment of its flagship Marble Arch

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots week-ending June 17th 2022?

1/ SS22

2/ AW22

3/ Garden

4/ Summer    

5/ Father’s Day

6/ Picnic

7/ Gingham

8/ Yellow

9/ Pink   

10/ Tropical

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

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.

Chinakwe is a contemporary, Afro Lux, art and lifestyle brand. Founded by artist, stylist and designer, Caroline Chinakwe and is rooted in the artist’s African heritage and European upbringing and embodies bold colours to depict her cultural influences.

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

KMI Brands Noughty is a British-born, cruelty-free, vegan and naturals brand on a mission to exceed the performance of premium conventional hair and body care with natural alternatives that won’t cost the earth - literally.

Bryony Bel was born out of a desire for aspirational, contemporary and wearable jewellery without the designer price tag. With over 15 years industry experience at a number of jewellery brands, they bring a curated edit of contemporary and affordable sterling silver and 18kt gold vermeil jewellery.

 

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

PrettyLittleThing has new summer edit from Molly Mae  

Very has new summer outfits for men and women and back to school outfits

Seol + Gold has new jewellery

Cotton Traders has new summer ranges

Shoe Zone Has new shoe collections

Primark has a new beauty products and men and women’s beach and summer wear

From My Mothers Garden has new summer wear

Cocoove has new ranges

Roman Originals has more new SS22 outfits

M&Co  has new summer clothes and accessories for kids and adults

Matalan has back to school clothes and shoes

New Look has new women’s summer and beach outfits

Cath Kidston have kids and adult accessories   

Dune London has new occasion wear and summer sandals 

Freemans has new summer outfits including Julien Macdonald ranges

River Island  has accessories and new summer clothing imagery for kids and adults and a Sofia Richie, Charlie Howard and Danny Lomas collabs

Monsoon  has new vintage inspired womenswear and accessories

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

Hotter Barbour George at Asda Lipsy Feel Unique F&F  Radley NoLoGo Crew Clothing Pink House Mustique Fatface Hope Fashion  TK Maxx Dancing Leopard Dune London Mens Marks & Spencer Wilko Oliver Bonas

 

Home and food

Abstract House has new canvasses for all tastes

Matalan has new homestore ranges for AW22

Designers Guild has new AW22 ranges

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

George Home has new dog clothes and toys and homeware

Cult Furniture  has new rugs, garden furniture and homeware

The Range has new outdoor and indoor furniture as well as camping and festival gear

Homesense has new summer picnic and BBQ ware

Cuckooland has new garden and outdoor items

Wilko has new outdoor summer wares

Marks & Spencer has new homeware

Parker Knoll has new sofa and chair ranges

Hotel Chocolat has new chocolate ranges

Furniture Village has new Ercol bedroom and lounge furniture

Daisy Park has new decorations and light for outside and in

Primark has new home accessories

Cambridge Imprint  has new stationery and printing sets

See more new home images from the last two weeks from

Nest TK Maxx  Cartwright & Butler Very  George Home Oliver Bonas Dunelm Lights4fun Cath Kidston Oak Furnitureland DFS NoLoGo National Trust Shop M&Co Pink House Mustique Fritz Fryer Sofology Joe Browns Next Paperchase Fatface Next

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 get your brand on the June Editorial Calendars   

Summer is here - and hopefully the weather will improve – so add anything summery including summer clothing, swimwear, and push anything to do with outside so 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 we’re also at the start of the festival season, so make sure you add festival, Glastonbury, to your keyword lists. 

Media are starting to ramp up the summer holiday features so swimwear, suitcases, travel bags, travel accessories etc are all images and keywords that you should be adding. Some people are still staying at home, so it’s probably a good idea to think of holidays closer to home, so add in keywords and phrases like “staycation” “holistay” “holiday at home” to your keywords and why not suggest clothing like hoodies, and cardigans for the colder UK evenings.

Also look at sports, particularly anything tennis-related for Wimbledon.

June Diary - Weeks/Months

June is LGBTQ Pride Month, National Smile Month, it’s also Wimbledon (27th-10thJuly) and Royal Ascot (14th-18th), and the return of the Glastonbury festival (22nd-26th).  

June - Days

22nd – World Rainforest Day

22nd – Windrush Day

24th – Take your dog to work Day

24th – Midsummer’s Day

27th – Wimbledon fortnight starts

30th – International Asteroid Day

 

How to make your products attractive to the media in July    

Summer is here so keep on adding anything summery to your keywords and descriptions eg summer clothing, swimwear, and push anything to do with outside so 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 picnic. 

As we’re now free to go where we like and the festivals are back up and running the mags and websites influencers are all looking for festival wear, beachwear (bikinis, shorts, trunks etc are all being searched for), and the latest trends in summer clothing with gingham, ditzy, Y2K and retro all seeing more traffic  

But not everyone is going abroad, the cost-of-living crisis is cutting the money in everyone’s wallets so shoppers are looking at holidays closer to home, so add in 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.

July Diary - Weeks/Months

July is Independent retailer month, and National Ice Cream month in the US, it’s also sees the conclusion of Wimbledon (27th-10thJul) the start of the Commonwealth games in Birmingham (28th Jul - 8th Aug), plus the UEFA Women’s Euros (6th-31st July), and Cowes Week (30th Jul - 5th Aug).  

July - Days

2nd – Pride London parade 

3rd – British Grand Prix

4th - US Independence Day

5th – National Bikini Day

7th – World Chocolate Day

9th-13th - Eid al-Adha 

11th – World Population Day

12th – Battle of the Boyne (Northern Ireland)

14th - Bastille Day (France)

17th – National Ice Cream Day (US Third sundae in July ๐Ÿ˜‰)

18th - Nelson Mandela International day

22nd – Start of the school holidays  

24th – National Tequila Day (US)

24th – National Parents Day (US 4th Sunday in July)

25th – Christmas in July (5 months until Christmas)

28th – Commonwealth games Birmingham opening ceremony

29th - Muharram/Islamic New Year 

 

 

 

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