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Daddy’s Groove & Mindshake Ft. Kris Kiss – WOW!

February 8, 2016
Daddy's Groove

Daddy’s Groove

Neo – Ray Fisher #mcm #flutterdownbelow

February 8, 2016
Ray Fisher #mcm

Ray Fisher

#retailtrends #retailnews #Retail & #Brand trends for w/e 5th February 2016 #marketingweek #eventmagazine

February 8, 2016

Company Results

  • Conviviality have reported a 38.0% increase in revenue to £252.0m for the 27 weeks to 01 November 2015. Pre-tax-profit stood at £3.3m during the same period.
  • DFS have reported a 7.0% increase in gross sales for the 26 weeks to 30 January 2016.

DFS have reported a 7.0% increase in gross sales for the 26 weeks to 30 January 2016..jpg

  • Findel have reported a 0.5% increase in group sales for the 17 weeks to 22 January 2016.
  • John Lewis have reported a 0.6% increase in sales for the week to 30 January 2016. Home and Electricals & Home Technology sales increased by 2.9% and 1.7% respectively, while Fashion sales decreased by 2.3%. Sales at johnlewis.com increased by 6.4%.
  • Lush have reported a 15.6% increase in turnover to £326m for the 12 months to 30 June 2015. Pre-tax profits stood at £24.5m for the same period. (Source: Verdict)

Lush have reported a 15.6% increase in turnover to £326m for the 12 months to 30 June 2015

  • Ocado Group have reported a 16.7% increase in revenue to £1.1bn for the 52 weeks to 29 November 2015. Statutory profit before tax stood at £11.9m for the same period.
  • Waitrose have reported a 2.3% decrease in sales (including petrol) for the week to 30 January 2016.
  • Waterstones have reported a 1.0% increase in sales to £392.4m for the 12 months to 27 April 2015. Pre-tax loss stood at £4.5m for the same period. (Source: Retail Week)

Lifestyle like-for-like fell by 0.8% this week after a rise of 0.4% year-on-year; a disappointing performance given there was only a negligible rise in 2015. Sales of outdoor goods were notably suppressed due to the bad weather, and small ticket gifting and stationery retailers saw a general upturn in sales this week. However, with high street footfall up significantly in city locations, lifestyle sales within department stores performed well across the board.

After a week inside negative territory, fashion like-for-likes turned marginally positive again this week with sales rising by +0.2%. Mass fashion retailers with a strong presence in retail parks performed well this week, with speciality retailers generally noting weaker sales performances. Post-Christmas discounting has now more or less finished for the majority of retailers, and the continuing poor weather is suppressing sales of new spring lines.

Increased footfall within retail parks saw homeware retailer like-for-likes sales increase by +3.0% from an already positive base in 2015. Soft furnishings and big ticket furniture performed particularly well this week.

Non-store like-for-likes saw another week of strong sales up +18.0% and over 20% year-on-year. Interestingly, designer retailers had particularly strong remote sales this week, with some noting elevated interest in the last available sale items. Home furnishings was another strong performer, with niche giftware retailers seeing the weakest performance.

Clothing, Footwear & Accessories

  • Findel have sold their kitbag business to Fanatics, an American licensed sports merchandise company. (Source: The telegraph)
  • John Lewis have announced plans to launch a search tool ‘Find Similar’ in partnership with Cortexica, that allows shoppers to find similar products on the retailer’s website. (Source: Retail Week)
  • M&S have announced plans to launch their new womenswear collection ‘Archive by Alexa’, in partnership with Alexa Chung, by April 2016. (Source: Company Press Release)

M&S have announced plans to launch their new womenswear collection ‘Archive by Alexa’, in partnership with Alexa Chung.jpg

  • New Look have announced plans to open their first men store in Wales at Queensberry Real Estate’s Friars Walk. (Source: Retail Times)
  • Tesco have announced plans to roll out Radio-Frequency Identification Technology (RFID) smart tags for their F&F clothing & merchandise range, across over 300 stores. (Source: Retail Week)

Electrical & Entertainment

  • Ao.com has announced plans to launch new supply chain technology to boost their inventory management system and analytical capabilities. (Source: Company Press Release)
  • Ted Baker have launched a gaming website ‘Hook your soulmate’ where users can play a game for the chance to win prizes. (Source: The Drum)

Ted Baker have launched a gaming website ‘Hook your soulmate

Food & Drink

  • The Co-operative have acquired 15 Budgens convenience stores around London and the Southeast, as a part of their strategy to acquire 100 new stores in 2016. (Source: Company Press Release)
  • EasyJet have opened an EasyFoodstore trial shop in Park Royal in North-West London, where all everyday grocery items will be priced 25p. (Source: The Independent)
  • John Lewis have announced plans to open a 15,000 sq. ft. ‘shop-in-shop’ store in Robinsons Department store in Dubai Festival City Mall, UAE, by Spring 2017. (Source: Reuters)

John Lewis have announced plans to open a 15,000 sq. ft. ‘shop-in-shop’ store in Robinsons Department store in Dubai Festival

  • Lidl have announced plans to open more stores in the UK as the retailer filed 48 store planning applications in Q4 2015. (Source: Retail Gazette)
  • Morrisons have announced plans to cut prices of 1,072 items, with an average reduction of 19% on fruit and vegetables, as a part of their marketing push called ‘Price Crunch’. (Source: The Guardian)
  • SABMiller has defended its zero corporation tax bill in the UK, saying running costs for its head office in the country swallow up all profits.
  • Sainsbury’s and Home Retail have reached an agreement on the financial terms of a potential offer for Home Retail Group’s acquisition by Sainsbury’s. (Source: BBC News)
  • Tesco have announced plans to the increase hourly rate of pay for their established staff to £7.60 per hour, with effect from 03 July 2016. The retailer has also announced plans to stop 24 hour trading on its 76 stores with effect from 14 March 2016. (Source: The Guardian)
  • Waitrose have pledged that dairy cows producing conventional milk for the retailer will spend at least 100 days a year outside grazing in the field. (Source: Company Press Release)

According to the GfK NOP, the Consumer Confidence Index for January 2016 has increased by two points to 4. The ‘climate for major purchase’ index increased by nine points to 16 in January 2016, while the ‘general economic situation’ during the last 12 months increased by two points to -3. The index measuring changes in personal finances during the last 12 months increased by one point to 4.

Household

  • B&Q have announced plans to increase minimum basic salary for all their staff including staff not covered by government-led changes, to £7.60 per hour from 01 April 2016. (Source: Retail Week)
  • Boots UK have announced plans to cut up to 350 assistant management roles in their stores across UK as a part of their strategy to simplify their business. The retailer has also announced an agreement with Teleperformance where the outsourcer will manage Boots’ contact centre operations. (Source: Financial Times)
  • Notonthehighstreet.com have appointed Hugh Fahy as their new Chief Information Officer, with effect from 08 February 2016. (Source: Retail Gazette)

Courtesy of ‘Barclays

@RiseGalleryUK presents: An Unnatural History | An Exhibition of Needle Works by Tina Crawford

February 5, 2016

Rise Gallery, An Unnatural History, Exhibition of Needle Works, Tina Crawford.jpg

RISEgallery is delighted to announce their first show of the year ‘An Unnatural History’. The show is an exhibition of contemporary needle works by South London based artist Tina Crawford.

After an extensive career in free embroidery illustration, designing for high-end clients such as Shakespeare’s Globe, Kew Gardens and the Museum of London, Crawford brings her sewn works to RISEgallery for her debut solo show.

Crawford is a master of her craft, using the sewing machine with such fluidity as if the apparatus is an extension of her own body. Crawford’s works show not only a virtuosity of technique, but a true passion for the anatomical and the mythical.

The exhibition, ‘An Unnatural History’, is a spectacle of skeletal forms, both real and fictitious, exploring myths against real syndromes from the 18thCentury to present day. Crawford’s unique visual translations blur the distinction between reality and imagination, creating a body of work that is as insightful and informed as it is fantastical.

Exhibition Dates 11th February – 10th March 2016
Opening Times Tuesday to Friday 10am-6pm, Saturdays 10am-4pm
Address RISEgallery, 7-9 St Georges walk, Croydon, CR0 1YH

Courtesy of The Thinker

RIP – Maurice White #Legend

February 5, 2016

Maurice White, Earth Wind and Fire, Boogie Nights, September, Iam, Legend

Courtesy of The Thinker

Litany ft Appleby – Woman

February 4, 2016
Litany

Litany

 

Gugu Mbatha-Raw #wcw #csfbcherylcole

February 3, 2016
Gugu Mbatha-Raw

Gugu Mbatha-Raw

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