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What’s happening in #retail & with brands – trends for w/e 16th January 2015 #retailtrends #retailnews #marketingweek #eventmagazine

January 19, 2015

Company Results

AO World have reported a 26% increase in total revenue for the three months to 31 December 2014. Online revenue increased by 38% for the same period. (Source: Retail Bulletin)
Argos have reported a 0.8% increase in sales to £1.8bn for the 18 weeks to 03 January 2015. Like-for-like sales increased by 0.1% for the same period.
ASOS have reported a 15% increase in retail sales for the six weeks to 09 January 2015. International sales increased by 5% while UK sales increased by 27% for the same period.
ASOS have reported a 15% increase in retail sales for the six weeks to 09 January 2015

Bonmarché have reported a 9.1% increase in total sales for the 13 weeks to 27 December 2014. Like-for-like sales increased by 3.8% while online sales increased by 34.9% for the same period. (Source: Retail Bulletin)
Booths have reported a 0.6% increase in total sales for the six weeks to 03 January 2015. Like-for-like sales decreased by 0.8% for the same period. (Source: Retail Bulletin)
Burberry have reported a 15% increase in retail sales to £604m for the three months to 31 December 2014. The comparable sales increased by 8% for the same period.
Cambria Automobiles have reported a 19.3% increase in new vehicle sales for the four months of current financial year. Used vehicle sales increased by 1.8% for the same period.
Debenhams have reported a 5.9% increase in group gross transaction value (GTV) sales for the four weeks to 10 January 2015. Group like-for-like sales increased by 4.9% while online sales increased by 28.9% for the same period.
Greggs have reported a 5.5% increase in total sales for the 53 weeks to 03 January 2015. Own shop like-for-like sales increased by 4.5% for the same period.
HMV have reported a 17.5% increase in total sales to £365.7m for the year to December 2014. Like-for-like CD sales increased by 1.5% while DVD and Blu-ray sales increased by 0.5% for the same period. (Source: Retail Week)
Homebase have reported 0.6% increase in like-for-like sales for the 18 weeks to 03 January 2015. Sales have decreased by 2.7% to £451m for the same period.
IKEA have reported an 11.1% increase in sales for the 16 weeks to 31 December 2014. Store sales increased by 8.8% while, online sales increased by 33.5% for the same period. (Source: Retail Week)
Jaeger have reported an 8.3% increase in revenues for the 13 weeks to 03 January 2015. Like-for-like advance was reported at 8% for the same period. (Source: Retail Week)
Jaeger have reported an 8.3% increase in revenues for the 13 weeks to 03 January 2015

John Lewis have reported a 3.8% increase in sales for the week to 10 January 2015. Fashion and Home increased by 9.1% and 6.5% respectively while Electricals & Home Technology sales declined by 1.6%. Sales at johnlewis.com increased by 19.2%.
McArthurGlen have reported an 8% increase in like-for-like sales in December 2014. (Source: Drapers)
McColl’s have reported a 4.7% increase in total sales for 06 weeks to 11 January 2015. Like-for-like sales decreased by 0.9% for the same period. (Source: Company Press Release)
Mothercare have reported a 2.2% increase in worldwide sales for the 13 weeks to 10 January 2015. Total UK sales decreased by 1.9% while UK online sales increased by 16.1% for the same period. UK like-for-like sales increased by 1.1%.
Ocado have reported a 14.8% increase in gross retail sales for the 31 days to December 2014.
OKA Direct have reported a 19% increase in sales for the five weeks to 03 January 2015. E-commerce sales increased by 49% for the same period. (Source: Retail Week)
Paperchase have reported a 6.5% increase in total sales to £28.4m for the five weeks to 27 December 2014. Like-for-like sales increased by 3.1% while online sales increased by 26% for the same period. (Source: Retail Bulletin)
The Perfume Shop have reported a 2% increase in sales for the six weeks to 27 December 2014. Online sales increased by 27.1% for the same period. (Source: Retail Bulletin)
Pretty Green have reported a 39% increase in total sales for the six weeks to December 2014. Like-for-like sales increased by 33% while online sales increased by 41% for the same period. (Source: Retail Bulletin)
Primark have reported a 15% increase in sales for the 16 weeks to 03 January 2015.
Secret Sales have reported a 40% increase in revenues to £25.4m for the year to 31 December 2014. (Source: Retail Bulletin)
Secret Sales have reported a 40% increase in revenues to £25.4m for the year to 31 December 2014

Shoe Zone have reported a 124% increase in profit before tax (excluding exceptional items) to £11.4m for the 52 weeks to 04 October 2014. Sales have decreased by 10.8% to £172.9m for the same period.
Shop Direct have reported a 4% increase in total group sales (excluding VAT) for the seven weeks to 26 December 2014. Sales at Very.co.uk increased by 23% while sales at Littlewoods.com and KandCo.com decreased by 11% for the same period.
Signet’s UK division have reported a 9.7% increase in total sales for the eight weeks to 27 December 2014. (Source: Retail Week)
The Southern Co-operative have reported a 5% increase in sales for the two weeks to 04 January 2015. Like-for-like sales decreased by 0.5% for the same period. (Source: Retail Bulletin)
Superdrug have reported a 6.8% increase in sales for the eight weeks to 27 December 2014. (Source: Retail Week)
Supergroup have reported a 17.8% increase in total retail sales for the 11 weeks to 10 January 2015. Like-for-like sales increased by 12.4% for the same period.
Supergroup have reported a 17.8% increase in total retail sales for the 11 weeks to 10 January 2015

Waitrose have reported a 4.4% increase in sales (including petrol) for the week to 10 January 2015.
White Stuff have reported a 17.9% increase in total sales for the five weeks to 03 January 2015. Like-for-like sales increased by 6.5% while online sales increased by 38.1% for the same period. (Source: Retail Bulletin)

Lifestyles did very well against relatively robust growth figures from this period last year. Department stores were the stand out performer with a number of them well into double digits.

There were no real positive trends of note with poor performance widespread. Specialist retailers did tend to perform better than mainstream fashion retailers though there were still pockets of weak results.

Homewares had an exceptional week with no contributors dipping into negative territory. Big ticket items sold well, as did home improvement type products.

Non-store was exceptional with all sectors well ahead of expectations. Whilst consumer demand appears to have waned on the high street, non-store channels continue to flourish.

Clothing, Footwear & Accessories

Bank fashion have appointed Savills to sell their store portfolio after they entered into administration. (Source: Retail Bulletin)
House of CB have opened their first Liverpool store at Metquarter after they started as an online store in 2010. (Source: Retail Bulletin)
Next have signed up 21,000 sq. ft. store for a ten year lease at the Arndale Centre in Eastbourne and are expected to open in early 2017. (Source: Retail Bulletin)
Phase Eight have sold their business to Foschini Group, a South African clothing retailer in a deal valued at £238m that gives them access to European markets. (Source: Reuters)
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Tesco have launched a shopping app for Google’s Glass, allowing shoppers to browse goods and add items to their shopping basket hands-free. (Source: The Telegraph)

Electrical & Entertainment

Amazon have created more than 6,000 new permanent jobs by hiring new employees at more than 50 locations across the EU in 2014, including corporate offices, fulfilment centres, software development centres and customer service centres. (Source: Retail Bulletin)

The latest figures from the IMRG Capgemini e-Retail Sales Index have revealed that online retail sales increased by 5% year-on-year in December 2014, the lowest ever in the Index for this period – as the discounting around Black Friday focused huge volumes of sales activity on the final week of November 2014. The figures also reveal that £104bn was spent online in 2014, the first time annual spending has exceeded the £100bn barrier. For 2015, it is forecasted that online spending will record a further 12% growth, with total e-retail sales estimated to be worth £116bn by year end. The Christmas shopping period as a whole, defined as the eight weeks between 02 November 2014 and 27 December 2014, saw UK shoppers spend £21.6bn on gifts and bargains, equating to a solid 13% growth on the same period last year.

Food & Drink

Booker have announced plans to open 50 discount convenience stores in 2015. (Source: Financial Times)
Bacardi has installed Mike Dolan as its permanent CEO after he was first appointed on an interim basis in May (Source: Just Drinks)
Bacardi has installed Mike Dolan as its permanent CEO after he was first appointed on an interim basis in May

Morrisons have announced that their Chief Executive Officer, Dalton Philips will leave the retailer after five years, following a drop in sales over the Christmas period. (Source: Retail Bulletin)
Sainsbury’s have appointed Ernst & Young as their new auditors, replacing PWC. The retailer’s current auditor PWC, will undertake the audit of their accounts for the 52 weeks ending 14 March 2015. (Source: Reuters)
Waitrose have opened their 25th convenience store in Greater London and will create 44 new jobs. (Source: Retail Bulletin)

Household

Asda and Timpson have launched a six-month trial of a service on 12 January 2015 that allows customers to combine their online food shopping with their dry-cleaning. The service will allow customers to select the items they want dry-cleaning with their online shop. (Source: Retail Week)
Foyles have announced plans to close their Westfield London store after agreeing to an early surrender of the lease to allow redevelopment at the mall. (Source: Retail Week)
Paperchase are set to begin a formal sale that will value them at up to £100m. (Source: Retail Week)
Paperchase are set to begin a formal sale that will value them at up to £100m

Courtesy of ‘Barclays

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