The Daily Retail News Digest for brands and media – 10/6/22

Main Image: Freemans

The latest retail news from River Island, John Lewis, DFS, Wickes, ProCook, AO, Kering, Walmart, Boots and articles on four ways to attract GenZ, is product placement the future of advertising, why Burberry is betting on AR and more.

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

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THE LATEST RETAIL INDUSTRY NEWS

ProCook warns on profits as shoppers ‘tighten their belts’ amid cost-of-living crunch

ProCook has said sales and profits for its current financial year will be behind previous forecasts as shoppers face “exceptional pressures on discretionary spend”.

Kering outlines plans to grow Gucci sales to €15b in mid-term

French luxury group  Kering has told investors it’s aiming to increase annual sales of its star label Gucci by 50% to €15bn and double Saint Laurent to €10bn in the medium term.

Reliance and Apollo team up to lodge £5.5bn binding bid for Boots

Reliance Retail and Apollo are understood to have made a combined formal offer of £5.5bn for Boots, which would allow current owner Walgreens to retain a significant minority stake.

AO to shut down German business and focus on the UK market

AO is closing its 8 -year old German business which currently accounts for about 10% of its total group revenue and will focus instead on the UK market.

Walmart could be poised to launch UK Marketplace

Walmart is currently asking UK sellers to sign up to Walmart Marketplace in a move which could see the Big Box retailer challenge Amazon’s e-commerce dominance.

Quarter of UK households turn to second-hand market to beat cost-of-living crunch

New data shows that more than 7m UK consumers are looking to the second-hand or resale markets with 30% of millennials and 28% of GenZ shoppers buying more resale second-hand goods

DFS warns on profit due to slowing demand

Furniture retailer DFS has warned on profit after seeing a change in order volumes it now expects  full-year revenues to be between £1.15bn and £1.16bn with profits between £62-57m.

Young consumers still buying 'green' despite belt-tightening

​Younger consumers are leading the way on eco-fashion with 74% of 18-24 year-olds willing to spend more on a brand that aligns with their environmental values.

Rent the Runway revenue and active users rise

Rent the Runway revenues hit $67.1m for Q1, up from $33.5m in 2021 with active users up from 74,018 to 134,998, however net loss, was up to $42.5m versus $42.3m.

Door drop ad spend increases to £182m since the pandemic

Leaflet, flyer and brochure marketing has increased year-on-year since the pandemic, with under-35s engaging more than any other age group.

TRENDS, STRATEGY AND TECHNOLOGY

Four steps any brand can take to appeal to Gen Z

To build loyalty with Gen Z brands need to advocate meaningfully, tap into communities to stay ahead of trends, and lean on like-minded partners.

Is product placement the future of advertising?

Is product placement where the future of TV advertising lies? Marketing Beat takes a deep dive into the practice’s history to better understand its potential as reliable revenue stream.

Why Burberry is betting on AR to boost handbag sales

Burberry has teamed up with Snap Inc’s Vertebrae to offer a 360-degree augmented reality shopping experience on its website with the aim of boosting their handbag sales.

Why brands are embracing the stars of RuPaul’s Drag Race UK

In celebration of Pride Month, Marketing Beat delves into brand collaborations with stars from RuPaul’s international Drag queen reality TV show.

Twitter launches Product Drop option for merchants

Twitter has debuted a new Product Drop feature that allows merchants to update shoppers on upcoming launches and gives them a “Remind Me” button that gives them a 15-minute warning.

Eight retailers launching marketplaces

From Farfetch to Mountain Warehouse to Superdrug. Retailers across fashion, beauty and sports are all looking to cash in on marketplaces, here are eight who have launched or are set to launch.

Amazon launches ‘Virtual Try-On for Shoes’

Amazon has introduced an interactive mobile experience that enables people to virtually try on shoes as it looks to create more immersive experiences for fashion shoppers online.

BRAND NEWS

River Island launches Sofia Richie summer edit collection

​River Island has joined forces with model and designer Sofia Richie on a curated summer collection  featuring a range of seasonal essentials, with her 'California attitude' For images see here.

Fenwick and Front Row London partner to launch exclusive rental service

British department store Fenwick is collaborating with luxury-on-loan wear company Front Row London to launch an exclusive rental service in their Bond Street and Newcastle stores.

John Lewis unveils locations for hundreds of new rental homes

John Lewis Partnership has announced the first three locations (Bromley, Reading and West Ealing) where it proposes to build new rental homes

Wickes to launch interior design TV programme featuring Rochelle Humes

Home improvements retailer Wickes will launch its first advertiser-funded interior design programme featuring Rochelle Humes as it looks to increase engagement with female audiences.

John Lewis launches outerwear brand, Cape Cove

John Lewis has announced the launch of new lifestyle brand Cape Cove, a feel-good brand, focused on sustainable methods, and thoughtfully created for sea lovers.

AND FINALLY

Cheese-scented nail polish

American processed cheese brand Velveeta has collaborated with Nails Inc to release a cheese-scented nail polish.

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots week-ending June 3rd 2022?

1/ Jubilee

2/ SS22

3/ Garden

4/ AW22   

5/ Father’s Day

6/ Hats

7/ Living room

8/ Garden Furniture

9/ Sunglasses   

10/ Picnics

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

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.

NoLoGo was founded by designer Tina Malhamé who has worked with Sir Terence Conran, Next, Monsoon, Laura Ashley, Anokhi, Per Una and more. NoLoGo-Chic produces beautiful clothing, each carefully designed and sourced, with its own unique detailing, in gorgeous natural fabrics.

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

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

Shoe Zone Has new shoe collections

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

From My Mothers Garden has new summer wear

Primark has a new Pride range, new summer sandals and wedges, and a Stacey Solomon collaboration

Freemans has new summer outfits including Julien Macdonald ranges

Very has new summer outfits for men and women

Monsoon  has new vintage inspired womenswear and accessories

Hotter has new summer shoes

Barbour has new classic clothing 

George at Asda has new summer outfits, vintage and Pride t-shirts

PrettyLittleThing has new swimwear and Nella Rose, Martha Kalifatidis, Marilyn Melo, Jayda Wayda and Alabama Barker ranges

Lipsy has new campaign images

Feel Unique has Father’s Day toiletries

F&F  has summer outfits, beach wear and athleisure wear

Roman Originals has more new SS22 outfits

Radley has new bags and accessories

New Look has new women’s summer outfits

NoLoGo has summer outfits

Dune London has new occasion wear and summer sandals 

Crew Clothing has new clothing and accessories

Matalan has Taylor & Wright styles and new family dressing options and Father’s Day gifts

Pink House Mustique  has new beachwear

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

Fatface Hope Fashion  TK Maxx Dancing Leopard Dune London Mens Marks & Spencer Wilko Oliver Bonas

 

Home and food

Designers Guild has new AW22 ranges

Abstract House has new canvasses for all tastes

Parker Knoll has new sofa and chair ranges

The Range has new outdoor and indoor furniture

Hotel Chocolat has new Father’s Day chocolates

Cult Furniture  has new garden furniture and homeware

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

Nest has new outdoor and indoor home ranges  

TK Maxx  has new homeware

Cartwright & Butler has new gifts and hampers for Father’s Day

Very  has kitchenware and garden items

George Home has the season sell out Ozark blow up chair

Oliver Bonas has new home ware and some early Christmas baubles

Dunelm has new AW22 home wear

Marks & Spencer has new things for the lounge and bathroom

Cuckooland has new modular sofas

Lights4fun has AW22 and Halloween lights

Cath Kidston has new kitchen wear

Oak Furnitureland has new sofa and rug ranges

Dobbies Garden Centres has new home goods, pet accessories and Fathers’ Day gifts 

DFS has new ranges

 

See more new home images from the last two weeks from

NoLoGo National Trust Shop Wilko M&Co Pink House Mustique Fritz Fryer Matalan 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

11th – Queen’s Official Birthday

11th – World Gin Day

14th – International Bath Day

15th – Two years since the end of the first UK lockdown for non-essential shops (England)

15th – National Beer Day (UK)

18th – Sustainable Gastronomy Day

18th – International Picnic Day

19th – Father’s Day

19th – Juneteenth

21st – Summer Solstice

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

 

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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