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The latest retail news from The Works, VF, Richemont, Asos, THG, Boots, JYSK, Hush, John Lewis and articles on ten ways to scale your marketplace, rethinking customer engagement, growing your business with TikTok Shop and much more.
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THE LATEST RETAIL INDUSTRY NEWS
Works warns of slowdown amid cost-of-living crisis
The Works has bounced back from the lockdown slump with sales up 12.7 % on a two-year basis and like-for-like sales rising by 10.4% but warned it has begun to feel the effects of a slowdown.
Luxury brand Richemont sees a step change in growth
Richemont full-year results to 31 March saw a “significant step change in group sales and operating profit”, with sales up 46% to €19,181bn and profits doubled to €3.39bn.
The North Face parent Q4 sales increase 9%
The North Face and Vans parent company VF Corporation’s Q4 revenues were up 9% to $2.8bn, with a full-year revenue of $11.8bn up 28%.
ASOS makes physical store debut with Nordstrom in US
US department store Nordstrom is to extend its online relationship with ASOS by selling a range of 650 ASOS items in selected stores in the US and will open a co-branded Nordstrom ASOS area in LA.
Consumer confidence drops to the lowest level since 1974
GfK’s Consumer Confidence Index for May has fallen two points to -40, the lowest score since the firm’s records began in 1974, and has said there is no “reason for optimism any time soon”
UK retail sales bounce back in April
UK retail sales volumes beat market estimates with a rise of 1.4% in April, reversing a month-on-month fall of 1.2% in March but figures “still show a continued longer-term downward trend”.
THG rejects £2bn private equity bids but is now eyeing Candy
After rejecting multiple private equity bids for undervaluing the business THG is said to be exploring an ’early stages’ offer from property developer Nick Candy.
TRENDS, STRATEGY AND TECHNOLOGY
Ten steps to scaling your marketplace presence
Internet Retailing combines guidance from research, industry experts and case studies from a range of retailers and marketplaces, to produce ten steps to scaling your marketplace presence.
How retailers are rethinking engagement
Three examples from Burberry, boohoo and Buymie on how they have successfully restructured the ways they engage with their customers.
How to grow your business using TikTok Shop
TikTok Shop brings together a range of features and tools to enhance your brand, such as: live streaming, creator affiliate schemes and easy to create promotions.
How to create a successful phygital strategy
A good phygital (clicks (digital) and bricks (physical)) retail strategy offers shoppers a solution that combines digital and in-store strategies to deliver the best of worlds.
Amazon is cutting back hiring targets in its retail business as inflation rises
Leaked emails have revealed that Amazon is scaling back its retail business hiring targets as growth slows and costs rise.
Co-op launches ‘walking deliveries’ up to 15 minutes from its stores
Co-op launches “walking delivery” service to customers within a 15-minute walk from the stores and plans to grow its online operations by a further 50% to £300m by the end of this year.
PEOPLE, MOVERS AND SHAKERS
John Lewis names new executive director
The John Lewis Partnership (JLP) has a new Executive Director for People. Lisa Cherry will join the retail giant in early September. She replaces Nikki Humphrey who is to rejoin the Virgin Group.
BRAND NEWS
Boots re-couples with Love Island
Boots has teamed up again with ITV2’s Love Island. The partnership will see Boots stock the villa with a range of fragrance, cosmetics, skincare, haircare, grooming and Soltan sun protection products
JYSK continues UK expansion with new Telford store
Danish furniture retailer JYSK is continuing its UK expansion with the opening of a new store in Telford next month.
Oliver Goldsmith and Ted Baker collaborate on eyewear collection
Eyewear brand Oliver Goldsmith has partnered with fashion retailer Ted Baker on a new eyewear collection.
Hush launches first ever intern collection
The Hush fashion and lifestyle brand has launched a first collection created by its in-house intern cohort.
Klarna launches Dream Deal Days to celebrate 150 million consumers
Klarna has launched Dream Deal Days, a three-day event offering consumers exclusive deals and exciting product drops with some of the world's biggest retail brands.
AND FINALLY
Gucci Is still Italy’s most valuable brand
According to BrandZ Gucci Is still Italy’s most valuable luxury brand, with Prada in second place, followed by Fendi in third place.
PRSHOTS TOP 10 SEARCHES
What were our users searching for on PRShots week-ending May 13th 2022?
1/ Jubilee
2/ SS22
3/ Dress
4/ Summer
5/ Garden
6/ Beach
7/ Picnic
8/ Gingham
9/ Bedroom
10/ Father’s Day
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
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 and accessories
Primark has new pregnancy and summer ranges, beauty ranges and new Varsity and MODEST ranges
Dancing Leopard has new summer dresses and beachwear
Fatface has new beachwear and holiday wear for all ages
Freemans has new summer ranges
George at Asda has new summer outfits and Jubilee outfits
M&Co has new summer wear from Anya Madsen and Kylie, kids and adult ranges and jubilee gifts
Dune London has new occasion wear ranges
Dune London Mens has new summer beach wear
Very has new summer outfits
River Island has father’s day gifts, new summer clothing imagery for kids and adults and a Charlie Howard collab
Marks & Spencer has new menswear holiday wear, Per Una and M&S collection images
Wilko has suntan lotions and creams
Oliver Bonas has new clothing, jewellery and accessories
New Look has new women’s summer outfits
Pretty Little Thing has new swimwear and Martha Kalifatidis, Marilyn Melo, Jayda Wayda and Alabama Barker ranges
Barbour has more outdoor clothing, bags and perfumes
Shoe Zone has trainer and sandal ranges
Kaleidoscope has new summer wear and beachwear
Feelunique has new cosmetics and fragrances
See more new clothing and accessories images from the last two weeks from
F&F From My Mothers Garden Roman Originals Lipsy Pink House Mustique Radley Night Store Matalan Cotton Traders Sonder Studio Hope Fashion Monsoon Seol + Gold Very Daisy Park Joe Browns John Lewis Aspiga
Home and food
Oliver Bonas has new home ware and some early Christmas baubles
Cult Furniture has new homeware
Nest has new outdoor and indoor home ranges
Dunelm has new AW22 home wear
Primark has new home accessories
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
NoLoGo has new jubilee homeware
National Trust Shop has new ranges
Wilko has new Jubilee gifts, DIY, storage, garden, home wear
The Range has new wallpaper, homeware and things for the garden and Jubilee wear
See more new home images from the last two weeks from
M&Co Daisy Park Pink House Mustique Abstract House Fritz Fryer Matalan Sofology Joe Browns Parker Knoll Next Paperchase Very Cambridge Imprint Fatface George Home Next Hotel Chocolat
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
May Diary
How to get your brand on the May Editorial Calendars
Next month sees the start of the Platinum Jubilee 4-day weekend so start to get anything related to the Jubilee up now and get the keywords Platinum Jubilee on anything relevant.
We’re now well into 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 and other related keywords like picnics, garden party etc).
Now that covid travel restrictions have lifted images of beach holidays and swimwear, as well as holiday clothes, festival clothes can all come back out and all of the associated keywords and phrases sandals, beachwear, swimsuits, bikinis, linen, summer wear. Although not everyone will be going abroad so still keep keywords and phrases like “staycation” “holistay” “holiday at home” to your keywords and why not suggest clothing like cardigans for the colder UK evenings.
May is also the start of wedding season so if you have any wedding related items then get ready to promote them with any wedding keywords, bridal, bride, groom, hen party, stag do etc.
May Diary - Weeks/Months
May is National Walking Month, National Smile Month and Skin Cancer awareness month. It’s also;
Chelsea Flower Show (24th – 28th May)
May - Days
20th – World Bee Day
21st – International Tea Day
22nd – World Goth Day
22nd – Craft Distillery Day (US)
25th - Geek Pride day
26th – Ascension Day
29th – National Biscuit Day
25th – National Wine Day
31st – Memorial Day (US)
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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