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The latest retail news from Esprit, Lululemon, Calvin Klein, Lego, Burberry, Superdrug, Hackett, The Outnet, Lush and articles on why channels are dead, how to build brand engagement in the attention economy, 4 ways to succeed in the metaverse, and much more.
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THE LATEST RETAIL INDUSTRY NEWS
Esprit swings to profit as 2021 proves to be turnaround year
Esprit final results for the year 2021 showed revenues rose to HK$8.3bn (€953m/£808m/US$1bn) and net profit surged "significantly" to $381m.
Lululemon breaks $6bn sales barrier
Athleisure brand Lululemon surpassed $6bn (£4.8bn) in revenue in 2021 with sales up by 40% in the US and up 53% internationally with the brand adding 22 new stores, bringing its total to 574 stores.
PVH caps off stellar 2021 with 28% sales uptick
Calvin Klein, Tommy Hilfiger parent company PVH had a strong 16% rise in revenue in Q4 to $2.43bn, closing a year with annual revenues up 28% and operating margins beating 2019 pre-covid levels.
Shop price rises reach 11-year high
British Retail Consortium (BRC)-Nielsen IQ Shop Price Index was up 1.5% for non-food in March, up from 1.3% in February, and analysts warn the next few months will be a difficult time for consumers.
Organic cotton demand surges due to fashion brands
The number of farmers growing organic cotton has increased 350% with organic cotton farmers jumping from 22,000 in the 2020/21 season, to nearly 80,000 farmers for the 2021/22 season.
Consumers distrust brands over virtue-signalling
The majority (68%) of consumers feel uncomfortable about brands ‘green-washing’ and faking their sustainability credentials with 14% deliberately avoiding brands they see as behaving this way.
Shoppers are continuing the steady return to shops
Two years on from the first Covid-19 lockdown, the number of people visiting UK high streets and shopping centres continues to recover, the latest footfall figures suggest.
TRENDS, STRATEGY AND TECHNOLOGY
How Lego continues to build a toy empire brick by brick
Lego celebrates its 90th anniversary this year and with over $8bn in sales and IP deals that leverage pop culture, it shows no signs of slowing down.
4 ways brands can succeed in the metaverse
As the metaverse continues to mature, brands need to shape the way that they appear in VR, pushing the boundaries of creative freedom while staying true to brand purpose and their core audiences.
How to build engagement and trust in the attention economy
On average, we are exposed to between 6,000 and 10,000 advertisements every day, which means the vast majority of ads we see are simply ignored or forgotten about within seconds.
Why channels ‘no longer exist’
Retail Week research director Lisa Byfield-Green explores the key macroeconomic trends that will shape the sector in the coming year including the move to omnichannel.
Nine retailers and brand CX disruptors
Retail Week’s latest report finds a new generation of ingenious businesses are wowing customers like never before with lessons for established retailers.
Over 24k e-commerce businesses were started in the UK last year
Over 24,000 e-commerce businesses were started in the UK last year, according to research from Instant Offices, using data compiled from Companies House.
PEOPLE, MOVERS AND SHAKERS
Burberry appoints new senior independent director
Burberry has announced the appointment of Orna NíChionna as senior independent director with effect from April 2, 2022.
BRAND NEWS
Superdrug unveils plans for beauty and wellness online marketplace
Superdrug has revealed its plans to launch Superdrug Marketplace, an online platform that will feature hundreds of premium and emerging brands.
The Outnet launches menswear shopping experience
Luxury past season retailer The Outnet has launched a menswear offering across its EMEA and Asia Pacific regions as it looks to grow its global customer base.
Hackett launches new campaign with Jenson Button
Hackett London has embarked on the second chapter of its collaboration with British racing driver and Formula 1 world champion, Jenson Button.
Lush launches 24-hour automated shopping experience
Lush has chosen London’s Coal Drops Yard for the opening of its first 24-hour, automated retail experience using iLocker vending machines.
AND FINALLY
Store cuts shoplifting losses by 90% using AI technology
A London-based convenience store has added AI tech to help tackle shoplifting, using cameras that can tell what people are putting in their pockets and it cut losses by 90%.
PRSHOTS TOP 10 SEARCHES
What were our users searching for on PRShots week-ending March 25th 2022?
1/ SS22
2/ Easter
3/ Garden
4/ Jubilee
5/ Gingham
6/ Sunglasses
7/ Denim
8/ Storage
9/ Spring
10/ Bridgerton
COLLABORATIONS ON PRSHOTS
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NEW BRANDS TO PRSHOTS
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.
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.
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.
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.
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
Dune London has new summer shoes and bags
M&Co has new summer beachwear, Kylie ranges, kids and adult ranges
Sonder Studio has new clothing ranges
Shoe Zone has its SS22 ranges of shoes and bags for kids and adults
New Look has new men’s and women’s summer outfits
Seol + Gold has new chains, necklaces and earrings
River Island has new Dresses to go range featuring Chloe Lewis
George at Asda has new womenswear
Pretty Little Thing has new summer animal print going out outfits
Primark has beauty products swimwear and activewear baby and toddler clothing and leisurewear
Pink House Mustique has new outfits for the summer
Feelunique has new makeup ranges
Barbour has new summer outdoor wear for humans and dogs
Very has new summer clothing
Monsoon has new womenswear campaign images
Lipsy has new summer floral print dresses and tops
Daisy Park has new beauty bags
Oliver Bonas has summer wear
See more new clothing and accessories images from the last two weeks from
Fatface Joe Browns Matalan John Lewis Aspiga From My Mothers Garden Cocoove Dancing Leopard Cotton Traders Regatta F&F Marks & Spencer TKMaxx Hope Fashion Freemans Dune London Mens Crew Clothing Tu Clothing Radley Cath Kidston
Home and food
Sofology has new ranges
The Range has new homeware and things for the garden and Jubilee wear
M&Co has new homeware
Cult Furniture has new kitchen and bedroom seating
Next has new Beach Retreat homeware available in June
Dobbies Garden Centres has new home goods and things for outdoor summer entertaining Easter
Nest has new outdoor lighting, home ranges and prints
Paperchase has a new Mr Men range
Parker Knoll has new furniture ranges including a USB ready sofas
Wilko has new DIY, storage, garden and home wear
Abstract House has new canvases
Cuckooland has new modular sofas
Oak Furnitureland has new sofa ranges
Very has new Occasions homeware
Easter gifts
Wilko has new Easter decorations
Cambridge Imprint has new Easter printing ranges and cards
Fatface has new Easter ranges
Lights4fun has new Easter lights
George Home has new home and garden ware and Easter gifts
Next Easter gifts and decorations
Hotel Chocolat has new Easter and gifts
Getting Personal has new Easter chocolates
John Lewis & Partners has added its Easter images
TK Maxx has new Easter gifts
Biscuiteers Baking has new Easter biscuits
Cartwright & Butler has new Easter food and chocolates
See more new home images from the last two weeks from
Daisy Park Oliver Bonas Joe Browns John Lewis and Partnership Furniture Village Homesense Soho House Retail National Trust Shop
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
April Diary
How to get your brand on the April Editorial Calendars
June sees the start of the Queen’s Platinum Jubilee 4-day weekend holiday, so start to get anything related to the Jubilee up now and get the keywords Platinum Jubilee on anything relevant.
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).
People are thinking about the approaching summer holidays, so carry on adding those spring summer related images and adding keywords relating to summer outfits, beachwear, 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 picnic, garden party, get-togethers, parties, socials, gatherings (gaths).
While some people are looking to holidays abroad some are also trimming their budgets thanks to the rising costs of gas and electricity etc. and are looking closer to home, so add in keywords and phrases like “staycation” “holistay” “holiday at home” to your keywords and why not suggest clothing like cardigans for the colder UK evenings.
April Diary - Weeks/Months
As well as Easter there are lots of other big events in April. April is World Stress awareness month and National Pet Month in the UK, so if you have anything to relieve stress (massage products, recliners, diffusers, pillows, garden swings etc) and anything for pets (dog coats, cat collars, dog beds will also be looked for etc) then add them and get all the relevant keywords added.
Other events include;
World Autism Awareness Week (Mar 29th – Apr 4th)
Discover National Parks Fortnight (Apr 4th – Apr 19th)
International Dark-Sky Week (Apr 5th – Apr 12th)
Community Garden Week (Apr 5th – Apr 11th)
English Tourism Week (Apr 18th – Apr 24th)
The Big Peddle (Apr 19th – Apr 30th)
National Stationery Week (Apr 20th – Apr 25th)
MS Awareness Week (Apr 20th – Apr 25th)
Allergy Awareness Week (Apr 20th – Apr 25th)
National Gardening Week (Apr 27th – May 3rd)
April - Days
1st – April Fool’s Day
2nd - Start of Ramadan
7th – World Health Day / National Beer Day (US)
14th – Vaisakhi (Sikh New Year)
14th – Maundy Thursday
15th – Good Friday
15th – National Beer Day (UK)
15th – Passover Begins
17th – Easter Sunday
18th – Easter Monday
15th-17th – Coachella Weekend One
21st - National Tea Day
22nd – Earth Day
22nd-14th – Coachella Weekend Two
23rd – Passover Ends
23rd – St George’s Day
23rd - National Asparagus Day
23rd – Shakespeare Day
24th - National Skipping Day
24th – Fashion Revolution Day
25th – World Malaria Day
27th – Stop food waste Day
29th - International dance 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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