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The latest retail news from Ted Baker, John Lewis, Argos, Puma, Liberty, Burberry, Veego, Made, ThredUp, plus articles on why never knowingly undersold had to go, why the shift to online will persist, why better gender representation makes better business and much more.
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THE LATEST RETAIL INDUSTRY NEWS
Amazon acquires UK retail tech firm Veeqo
Amazon has bought Veego a Welsh e-commerce inventory and fulfilment tool, the firm was looking for a Series B round of £10m in late 2021 but instead accepted “an offer that we couldn’t refuse”
Made.com losses widen amid ongoing supply chain challenges
Made.com figures for 2021 show a pre-tax loss of £31m up from a £15m loss in 2020 blaming the loss on “industry-wide global freight inflation and supply chain disruption”.
Retail sales rise in February after demand for fashion and furniture
BRC-KPMG Retail Sales Monitor shows retail sales increased by 6.7% in Feb thanks to strong growth in furniture, homewares, fashion and jewellery.
Majority (70%) of consumers would welcome checkout-free shopping
The majority (70%) of consumers welcome the idea of checkout-free shopping, but 32% of shoppers admit they are put off the high street due to overcrowded stores, and 20% by limited product options
Retail landlord Hammerson remains in red with £429m loss
Hammerson figures for 2021 shows an operating profit up 122% to £81m and a property valuation drop of 15% (£470m) to £5.4bn, as it pivots its portfolio to city-centre properties after covid.
Greggs targets 150 new shop openings as sales smash £1.2bn
Greggs total sales rose 5.3% to £1.2bn in 2021, compared to 2019 levels and recorded a pre-tax profit of £145.6m, compared to a £13.7m loss in 2020 and is considering opening 150 new shops this year.
Mike Ashley snaps up more Hugo Boss shares
Mike Ashley’s Frasers Group now owns 4.5% of Hugo Boss’ total share capital and 13.7% of shares via the sale of put options.
ThredUp sales grew by 35% in 2021
The online resale platform ThredUP posted record sales of $252m in Q4 2021, but it has said profitability won’t be on the horizon this year.
TRENDS, STRATEGY AND TECHNOLOGY
Why never knowingly undersold needed to go
Rebecca Saunders is an independent retail consultant who worked for John Lewis from 2009-2015 as a buyer and is happy to see the end of the historic “Never Knowingly Undersold” (NKU) price promise.
Why the long-term shift to online will persist
Shoppers spent more in-store and less online in Feb 2022 than in 2020, however the long-term trend is online as shoppers spent more online and less in-store than they did in pre-pandemic Feb 2019.
Why better gender representation leads to better business outcomes
Gender representation is becoming more important than ever as organizations are looking to hire post-covid and try to make sure they have the best people to drive the business forward.
Is mobile the only tool a growing retailer needs?
For customers, smartphones are a convenient tool for browsing, buying online as well as accessing stores and multichannel services. For retailers, they represent nothing less than a force for growth.
Why a one-size approach doesn’t fit all
Working out what’s relevant to customers is a constant battle for brands, but it’s a must if they want to treat people as individuals, rather than taking a one-size-fits all approach.
How to use gamification to better engage customers
Introducing the concept of playable marketing through gamification into your marketing plan brings a new element of engagement that not only demands attention from the consumer but also rewards it.
Deloitte’s Dupe Killer AI tool tracks design infringements
Dupe Killer is a new piece of technology that searches for design infringements using artificial intelligence by learning the shape or configuration of a product and seeking out copies.
How the micro skirt became a viral phenomenon
Editors, stylists, retailers and marketers analyse how Miu Miu’s SS22 micro mini skirt become a viral phenomenon.
PEOPLE, MOVERS AND SHAKERS
Ted Baker hires former Joules CFO
Ted Baker has appointed former Joules chief financial officer Marc Dench as Chief financial Officer (CFO), with immediate effect.
BRAND NEWS
Argos and Pinterest launch the Argos Mood Hotel
Argos and the social media platform Pinterest have teamed up to launch The Argos Mood Hotel featuring interior design products from Argos and based on interiors trends from Pinterest Predicts.
Puma x Liberty capsule collection debuts, focuses on sports-meets-floral
Sports giant Puma and upscale UK department store Liberty have joined up for a second collaboration for SS22 with a streetwear collection “defined by female empowerment”.
Bridgerton X Malone Souliers collection
An exclusive fourteen-piece capsule collection of Malone Souliers shoes inspired by the period romance drama series, Bridgerton, is set to launch March 15.
Burberry and Supreme to collaborate
The NYC-based streetwear label Supreme is collaborating with Burberry on a new Spring 2022 collection to launch on 10 March.
AND FINALLY x2
Google Trends data shows ‘NFT’ and ‘metaverse’ searches are declining
Is this the quickest trend ever? According to new data by Google Trend (GT) interest in NFT's and the metaverse is starting to decline.
French football club Paris Saint-Germain to open a store in New York
Paris Saint-Germain is to open a store in New York, the store will be operated by American retailer Lids and online sportswear retail specialist Fanatics.
PRSHOTS TOP 10 SEARCHES
What were our users searching for on PRShots week-ending March 4th 2022?
1/ SS22
2/ Easter
3/ Garden
4/ Mini Skirt
5/ Kitchen
6/ Jubilee
7/ International Women’s Day
8/ Cushion
9/ Soft Pastel
10/ Green
COLLABORATIONS ON PRSHOTS
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NEW BRANDS TO PRSHOTS
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.
Gold Collagen was started by Tony Sanguinetti whilst on a trip to Japan where he noticed that taking collagen drinks to supplement their diet was key to Japanese women’s youthful appearance and their daily beauty regimes.
DoTerra was founded in 2008, after the health-care and business professional founders discovered the benefits of natural essential oils and decided to bring those benefits to wider audience – doTERRA is the Latin for “Gift of the Earth.”
V.Gan started in 2018 with the aim of providing animal-friendly fashion and has quickly established ourselves as one of the most progressive in the vegan community and is available worldwide.
The Jacket Bar was born in the streets of Notting Hill by two long-time friends Diane and Sara, who shared a passion for iconic vintage pieces from the early ‘90s with the retro look and style of the era.
Delightfull is a Portuguese interiors business with offices in the UK that specialises in high-end furniture and lighting solutions. Their products are handmade and combine a long heritage of skilled crafts and have an eye for the emerging needs of the future.
Designer Angelika Józefczyk was inspired by the expression of artists like William Morris, Gustav Klimt, and the architecture of Antonio Gaudi. The collection uses embroidered and patterned soft fabrics like chiffon, satin and crepe.
The MorphBag by GSK is an award-winning London-based luxury vegan handbag brand. Designed by Italian born award-winning luxury handbag designer Giovanna Sessi-Knott the sustainable bags have a timeless and versatile design and come in three colour-coordinated options.
Night Store combines a girl’s night glamour and dreamy levels of comfort, all pieces are designed with a relaxed fit. Best served with a glass of your favourite on a chilled night in or catching up with friends.
Under the Make it British umbrella we have a selection of innovative small businesses producing beautiful clothes, accessories and jewellery and they’re all designed and made in the UK.
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 and accessories
F&F has new leisurewear and spring clothing
M&Co has new summer and family ranges
From My Mothers Garden has new SS22 ranges
Marks & Spencer has new Mother’s Day outfits
Primark has new baby and toddler clothing and leisure wear for men and women and a Mickey Mouse range
Matalan has SS22 outfits for men and women and Mother’s day ranges
Lipsy has new Friends Like These SS22 outfits
George at Asda has new clothing and jewellery
Sonder Studio has a new range of statement pieces
Very has new accessories, shoes and clothing ranges
New Look has women and kids SS22 ranges
TKMaxx has new spring summer ranges
Hope Fashion has new dresses
See more new clothing and accessories images from the last two weeks from
Dune London Barbour Freemans Feelunique Dune London Mens Oliver Bonas River Island Pink House Mustique Regatta Fatface Crew Clothing Tu Clothing Radley Aspiga Pretty Little Thing Seol + Gold Cath Kidston
Home and food
Hotel Chocolat has new Mother’s Day gifts
Wilko has new Easter, DIY, storage, garden and home wear
George Home has new home and garden ware
Dobbies Garden Centres has new home goods and things for outdoor summer entertaining and Mother’s Day
Primark has new Goosey Gander nursery furniture
George Home has new things for the garden
Furniture Village has new outdoor furniture and sofa ranges
Abstract House has new canvases
Next has new homeware outdoor furniture and picnic dining
DFS launched new furniture ranges including a vegan range
Habitat has new home furniture and bedding and kids bedroom ranges
Cartwright & Butler has new Mother’s day gift boxes
National Trust Shop has new books, gifts for easter and SS22 collections
Nest has new home ranges and prints
Cult Furniture has new home furniture
Parker Knoll has new furniture ranges
Collins & Hayes has new sofa ranges
Oliver Bonas has new March release home products
See more new home images from the last two weeks from
Paperchase Biscuiteers Baking Sofology Homesense Fatface B&M Cambridge Imprint Dunelm Lights4fun Baa Stool Homesense Fritz Fryer The Range Very TKMaxx Avalana John Lewis Designers Guild Marks & Spencer
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
March Diary
How to get your brand on the March Editorial Calendars
March is mostly about preparing for the big Easter holidays in April so make sure you are starting to include relevant Easter keywords, plus it’s also the time people make their first big getaway abroad so any keywords and clothes for warmer climes, loungewear, going-out wear, swimsuits, bikinis etc should be added.
At the end of the month, there’s Mothers’ Day. If you have any relevant gifts, cards etc then get them uploaded and get Mother’s Day in your keywords and on anything appropriate. Also, if you have anything green then add that for St Patrick’s day in the middle of the month.
Plus, as we’re now definitely in Spring, so carry on adding those spring summer related 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).
March Diary - Weeks/Months
In the UK it’s National Bed Month - Introduced by The Sleep Council and The National Bed Federation, it aims to raise awareness of the importance of sleep so push anything sleep-related. it’s also the British Heart Foundations Dechox month which encourages people to give up chocolate – cakes and biscuits - for the month! So, any chocolate, biscuit or cake alternatives should be pushed.
Other events include;
Fairtrade Fortnight (Feb 21st – Mar 6th)
British Pie Week (7th-13th)
British Science Week (11th-20th)
Butchers Week (7th-13th)
March - Days
8th – International Women’s Day
9th – No Smoking Day
14th – Commonwealth Day
17th – St Patrick’s Day
18th – Global Recycling Day
18th – Red Nose Day for Comic Relief
28th – Holi Hindu Festival
20th – First Day of Spring
21st – International Day of Forests
22nd – World Water Day
22nd -23rd - The London Textile Fair - Business Design Centre in Islington, North London
25th – National Bridesmaids Day
27th - Mother’s Day UK
27th – The Oscars
27th – British Summertime Begins
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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