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#retailtrends #retailnews #Retail & #Brand trends for w/e 29th April 2016 #marketingweek #eventmagazine

May 2, 2016

Company Results

  • Boohoo.com have reported a 40% increase in revenue to £195.4m for the 12 months to 29 February 2016. Profit before tax stood at £15.6m for the same period.

Boohoo.com have reported a 40% increase in revenue to £195.4m for the 12 months to 29 February 2016.jpg

  • Carpetright have reported a 0.7% increase in their UK like-for-like sales for the 12 weeks to 23 April 2016.
  • Home Retail Group have reported a 1% decrease in sales to £5.6bn for the 52 weeks to 27 February 2016. Benchmark pre-tax profit stood at £94.7m for the same period.
  • John Lewis have reported a 0.8% increase in sales for the week to 23 April 2016. Home and Electricals & Home sales increased by 6.3% and 9.0% respectively, while Fashion sales decreased by 10.0% for the same period.
  • Pendragon PLC have reported an 8.7% increase in underlying profit before tax for three months to 31 March 2016. Like-for-like new car gross profit increased by 15.2% while like-for-like used car gross profit increased by 4.2% for the same period.
  • Waitrose have reported a 1.9% increase in sales (excluding petrol) for the week to 23 April 2016.

Lifestyle retailers have ended the month as it did at the beginning – with negative LFL sales (-2.01%) – after a mid-month boost provided by seasonal discounting. Outdoor, appliances and gift retailers saw sales plummet which dragged down any marginal positive results amongst other retailers.

Fashion retailers continue to bear the brunt of the decline in sales on the high street with LFL figures down -11.71%. High street footfall plummeted throughout the country with sharp declines in the East of England, the Southeast and the West Midlands. LFL sales fell significantly across nearly the entire peer group with only marginal positive movement. Clothing and footwear performed particularly poorly while accessories was the only sub-sector to see positive LFL (+1.66%).

Homewares ended the month with yet another positive result (+12.60%) making it six weeks of positive LFL growth and demonstrating the strength of the sector’s seasonal sales push. Homewares accessories and online had significant year-on-year growth.

For yet another week, online sales have been below the usual +20% LFL threshold with the group showing positive but only moderate results (+12.83%). Online fashion sales have been a particular drag on the group despite growth (+11.22%).

Clothing, Footwear & Accessories

  • Austin Reed have appointed Alix Partners as their administrator to seek a buyer, as the retailer entered into administration. (Source: Guardian)
  • BHS have appointed Duff & Phelps as their administrator to seek a buyer, as the retailer entered into administration. (Source: Financial Times)
  • Boutique 1 have announced plans to open a 11,500 sq. ft. store at 131 Sloane Street by Summer 2016. (Source: Retail Bulletin)

Boutique 1 have announced plans to open a 11,500 sq. ft. store at 131 Sloane Street by Summer 2016.

  • M&S have launched a line of clothing with Kestin Hare, a Scottish fashion designer, to be sold online and in selected UK stores. (Source: The Times)
  • Pep & Co have announced plans to open 15 new stores across the UK by October 2016. (Source: Retail Week)

Electrical & Entertainment

  • Amazon have appointed Doug Gurr as their new Country Head for the UK, with effect from May 2016. (Source: Drapers)
  • Jessops have announced plans to open 15 new stores in Northwest England and Scotland by 2018. (Source: Retail Week)

According to British Retail Consortium and Google, total retail search volumes grew by 52% in Q1 2016 as compared to Q1 2015. Search volumes on mobile devices increased by 50% for the same time period. Beauty was the most searched sector by European Union (EU) consumers on mobile devices, reporting growth of 91% in Q1 2016. Department stores were also a popular sector for EU consumers on mobile devices, increasing by 75% in Q1 2016. The Czech Republic demonstrated the strongest appetite for UK retailers, reporting a 256% increase on mobile devices in Q1 2016.

Food & Drink

  • Asda have announced plans to launch TV, digital and in-store campaigns with TV chef James Martin, as a part of their project renewal blueprint. The retailer has also pledged to increase the amount of British fresh Pork available in its stores from July 2016. (Source: Company Press Release)
  • Asda have also launched ‘Quiet Hour’ in their stores to help people with autism to shop in comfort. (Source: The Independent)
  • Molson Coors has launched a range of Rekorderlig cocktails, the cider brand’s first new products since the global brewer acquired its UK and Ireland rights. (Just Drinks)

Molson Coors has launched a range of Rekorderlig cocktails, the cider brand's first new products since the global brewer acquired its UK and Ireland rights..jpg

  • Hotel Chocolat have announced plans for floatation on London’s AIM market in May 2016. The retailer has also announced plans to open a store in Sheffield City Centre by early May 2016. (Source: The Telegraph)
  • Tesco have announced plans to install defibrillators in over 900 of their stores to provide lifesaving support to customers and staff across the UK. The retailer has also announced plans to scrap its ‘Clubcard Boost’ scheme in order to target everyday low prices. (Source: Retail Gazette)
  • Heineken has unveiled a UK marketing campaign for John Smith’s Golden Ale alongside football commentator and former Wales captain Robbie Savage. (Source: Just Drinks)

Heineken has unveiled a UK marketing campaign for John Smith's Golden Ale alongside football commentator and former Wales captain Robbie Savage.

Household

  • Ikea UK have announced plans to sell solar panels in all their UK stores by end of Summer 2016. (Source: The Independent)
  • Ikea have announced plans to open their first store in Aberdeen at Wellington Circle in May 2016. (Source: BBC News)
  • Wilko have announced plans to transform their retail website as a part of their strategy to drive revenue by focusing on improving conversion rates and customer experience. (Source: Retail Week)

Courtesy of ‘Barclays

#RooftopShenanigans – #LostFormatSociety #RooftopCinema #RooftopBar

April 30, 2016

Croydon Rooftop, Lost Format Society, Rooftop Cinema, Rooftop Films, Summer, The Croydon Creative.jpg

#mcm Neo – Redaric Williams #flutterdownbelow

April 25, 2016

Redatic Williams 

 

by Nathalie Gordon

#retailtrends #retailnews #Retail & #Brand trends for w/e 22nd April 2016 #marketingweek #eventmagazine

April 25, 2016

Company Results

  • The Hut Group have reported a 35% increase in sales to £334m for the 12 months to 31 December 2015. International sales increased by 46% to £167m for the same period. (Source: Retail Week)
  • John Lewis have reported a 5.3% increase in sales for the week to 16 April 2016. Home and Electricals & Home sales increased by 6.4% and 11.4% respectively, while Fashion sales decreased by 1.0% for the same period.
  • SABMiller has reported a healthy end to its fiscal full-year, ahead of its pending takeover by Anheuser-Busch Inbev.

SABMiller has reported a healthy end to its fiscal full-year, ahead of its pending takeover by Anheuser-Busch Inbev..jpg

  • N Brown have reported a 3.5% increase in total group revenue to £866.2m for the 52 weeks to 27 February 2016. Statutory profit before tax stood at £72.2m for the same period.
  • Nisa Retail have reported a 4.9% increase in sales to £327.5m for the 14 weeks to 03 April 2016.
  • Pets at Home have reported an 8.8% increase in sales to £793.1m for the 53 weeks to 31 March 2016. Like-for-like sales increased by 2.1% for the same period.
  • Primark have reported a 5.0% increase in sales to £2.6bn for the 24 weeks to 27 February 2016. Operating profit decreased by 3.0% to £313m for the same period.
  • Travis Perkins have reported a 5.0% increase in total group sales for the quarter to 31 March 2016. Like-for-like sales increase by 4.2% for the same period.
  • Waitrose have reported a 3.4% increase in sales (excluding petrol) for the week to 16 April 2016.

After a less than promising start to the month, lifestyle retailers have seen another strong week of LFL sales with figures up +3.32% as jewellery and gift retailers saw a surge in sales. Stationery and gadget retailers experienced a week-on-week decline while outdoor and sports retailers saw growth as spring weather inspired consumers to get outside.

As mid-season discounting came to an end, fashion retailers saw a sharp decline in LFL sales (-11.96%). he end of seasonal discounting alongside negative movement in UK footfall across the high street (-6.7%) and shopping centres (-3.4%) demonstrates the way in which shoppers remain focused on targeted, sale specific shopping. LFL sales fell significantly across the nearly the entire peer group with only some gymwear retailers seeing positive movement. Clothing and footwear performed particularly poorly with LFL sales down -25.25% and -41.20% respectively.

Homewares is yet again the winner of the week with LFL sales up +13.05% as retailers reported another week of positive results with particular growth in homeware accessories and decoration. Online, homeware retailers also saw growth (+18.80%) as consumers browsed and purchased.

After regaining its position in the +20% bracket last week, online sales have seen a slight week-on-week decline despite reporting an overall positive result (+13.30%). Homewares had a robust week while fashion and lifestyle faltered despite targeted discounting efforts.

Clothing, Footwear & Accessories

  • All Saints have opened their first store in Japan, in Tokyo Bay. The retailer has also launched a dedicated website for Japan. (Source: Retail Week)

All Saints have opened their first store in Japan, in Tokyo Bay.

  • Asda have announced plans to launch an exclusively designed Umbro range of 150 lines including shirts, shorts, football boots, balls and gloves. (Source: The Drum)
  • Boohoo have appointed Sara Murray as their new Non-Executive Director, with immediate effect. (Source: Company Press Release)

Boohoo have appointed Sara Murray as their new Non-Executive Director, with immediate effect.jpg

  • Debenhams have announced that their Chief Executive Officer, Michael Sharp, has decided to step down from the role. (Source: Company Press Release)
  • Jack Wills have announced plans to open their first outlet in London at the Quintain owned London Designer Outlet in Wembley Park by 29 April 2016. (Source: Retail Bulletin)
  • Oasis have launched new m-commerce and engagement app, featuring a personal stylist booking system and social & editorial content. (Source: Retail Week)

Oasis have launched new m-commerce and engagement app, featuring a personal stylist booking system and social & editorial content.

 

  • Primark have opened their first store in Italy at II Centro shopping centre in Arese, Milan. (Source: Company Press Release)
  • Yoox Net-a-Porter have sold a 4% stake to Dubai investor Alabbar Enterprises, as a part of their strategy to develop local websites in Middle East.

Electrical & Entertainment

  • Amazon have launched Prime Now one-hour delivery service to selected postcodes in Leeds. (Source: Verdict)
  • WH Smith have announced plans to manage over 61 post offices in a 10-year deal with Crown post offices. (Source: The Guardian)

Food & Drink

  • Iceland have announced plans to open 25 new stores across the UK in 2016, creating 2,000 new jobs. (Source: Verdict)
  • Sainsbury’s have announced plans to create 150 new digital and technology jobs in Manchester over next 18 months to expand their in-house digital and technology capability. (Source: Company Press Release)
  • Waitrose have announced plans to export their products to China exclusively through the Royal Mail store on Tmall Global, an online marketplace operated by Alibaba. (Source: Company Press Release)
  • Diageo has invested “seven figures” in a campaign for its Guinness lager brand Hop House 13.

Diageo has invested %22seven figures%22 in a campaign for its Guinness lager brand Hop House 13.

Household

  • Bathstore have opened their first international franchised store in partnership with Manazel International Enterprises in Doha, Qatar. (Source: Company Press Release)
  • B&M have announced plans to open a new 24,000 sq. ft. store at Slough Trading Estate, Farnham Road. (Source: Retail Bulletin)
  • Superdrug have announced plans to launch their second ‘Open House’ event as a platform to look for new healthcare and wellbeing brands to launch products in their high street stores and online. (Source: Retail Times)

 

Courtesy of ‘Barclays

Skepta – Man

April 21, 2016
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Skepta

Shoe Porn #shoeporn

April 20, 2016

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THE LONDON–COLOGNE JOURNEYS OF TRAVIS BLAQUE AND SHAREHOLDER TOM

April 20, 2016

New tracks from our good friend Travis Blaque (and Shareholder Tom)…

THE_LONDON–COLOGNE_JOURNEYS_OF_TRAVIS_BLAQUE_AND_SHAREHOLDER_TOM___Büro_9_Music.jpg

Click HERE to download

Courtesy of ‘The Thinker

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