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What’s happening in #retail & with brands – trends for w/e 23rd January 2015 #retailtrends #retailnews #marketingweek #eventmagazine

January 26, 2015

Company Results

B&M have reported a 28.8% increase in group sales to £527.9m for the 13 weeks to 27 December 2014. UK sales increased by 20.5% to £493.8m while UK like-for-like sales increased by 4.5% for the same period. (Source: Retail Week)
Card Factory have reported an 8.1% increase in sales for the 11 months to 31 December 2014. Like-for-like store sales increased by 1.8% for the same period. (Source: Retail Week)
Conviviality Retail have reported a 2.6% increase in group sales for the two weeks to 04 January 2015. Like for like Franchisee retail sales increased by 1.2% while average store sales increased by 2.8% for the same period.
JD Sports Fashion have reported a 12% increase in like-for-like store sales for the five weeks to 03 January 2015.
JD Sports Fashion have reported a 12% increase in like-for-like store sales for the five weeks to 03 January 2015.

Direct Golf have reported a 23% increase in sales for Q1 2014-15. Retail store sales increased by 14% while online sales increased by 39%. (Source: Retail Bulletin)
Dixons Carphone have reported a 7% increase in group like-for-like sales for the nine weeks to 03 January 2015. UK & Ireland like-for-like sales increased by 8% for the same period.
EuroGarages have reported a 47% increase in sales to £646m for the year to 31 July 2014.
Findel have reported a 1.1% increase in group sales for the 16 weeks to 16 January 2015.
Halfords have reported a 6.5% increase in total group sales for the 15 weeks to 09 January 2015. Retail sales increased by 6.5% while like-for-like sales increased by 6.7% for the same period.
John Lewis have reported a 1.1% increase in sales for the week to 17 January 2015. Fashion and Home increased by 4.9% and 3.9% respectively while Electricals & Home Technology sales declined by 3.5%. Sales at johnlewis.com increased by 10.5%.
John Lewis have reported a 1.1% increase in sales for the week to 17 January 2015

Pets at Home have reported a 7.8% increase in revenue to £182.2m for the 12 weeks to 01 January 2015. Like-for-like sales increased by 4.1% for the same period.
Poundland have reported a 9.8% increase in total sales (on actual currency basis) to £328.4m for the 13 weeks to 28 December 2014.
Thorntons have reported a 6.4% decrease in total sales to £86.8m for the 14 weeks to 10 January 2015. Retail sales decreased by 2.4% to £44.9m while retail like-for-like sales increased by 5% for the same period.
Waitrose have reported a 3.5% increase in sales (including petrol) for the week to 10 January 2015.
WH Smith have reported a 1% decrease in total group sales for the 20 weeks to 17 January 2015. High Street sales decreased by 5% while travel division sales increased by 7% for the same period. Group like-for-like sales decreased by 2% for the same period.

Lifestyles remained robust despite the extreme growth from this week last year. Health and fitness related products struggled, as did electricals. Small ticket items sold well.

Another disappointing week for fashion with no real positive trends of note. Accessories and footwear outperformed fashion in general though for the most part they still underwhelmed.

Homewares continues to go from strength to strength though this week’s strong performance was dragged up by exceptional results from one of the contributors.

Non-store sales were very strong across all sectors with fashion and lifestyles standing out in particular. Growth was well ahead of expectations with the heavily promotional market still driving sales through these channels.

Clothing, Footwear & Accessories

Argos have announced plans to enter the clothing market by Autumn 2015, taking exclusive rights to distribute the Cherokee brand in the UK. (Source: Company Press Release)
Austin Reed have announced plans to restructure the business by closing 31 stores and a £3m cash infusion from their shareholders. (Source: The Guardian)
Austin Reed have announced plans to restructure the business by closing 31 stores and a £3m cash infusion from their shareholders

Next have announced plans to open a 44,226 sq. ft. upsized store with a new design concept at the Bluewater shopping centre in Kent. (Source: Retail Bulletin)
MySale have closed their US and South Korea websites in an attempt to focus on the UK market. (Source: Retail Week)
Pepkor UK, an investment firm have announced plans to launch a new discount fashion chain in the UK called ‘Pep&Co’. An initial 50 stores are expected to open during Summer 2015. (Source: The Telegraph)
Pretty Green have announced plans to expand their wholesale and retail business into the US. (Source: Drapers)
Radley have announced that their Chief Executive, Xavier Simonet will step down after two years with the business. (Source: Retail Bulletin)
Republic, a subsidiary of Sports Direct have bought USC Ltd., after they entered into administration. (Source: The Telegraph)
Sports Direct have announced that their owner, Mike Ashley has sold his 2.6% stake in the company worth £117m, in a deal with Goldman Sachs. The sale will reduce his total stake to 55%. (Source: The Guardian)

Electrical & Entertainment

Amazon’’s Sunday deliveries have grown by more than four times in the last year, driven by their Amazon Logistics business, as consumers’ shopping habits continue to evolve. (Source: Retail Bulletin)

New research by Deloitte has shown that the number of retail administrations in England fell by 35% between 2013 and 2014. The annual research from business advisory firm Deloitte reveals that 119 retailers entered into administration last year compared with 183 in 2013.

Food & Drink

Nisa have announced that their charity, ‘Making a Difference Locally’ have donated nearly £1m to 2,000 local and national charities in 2014. (Source: Retail Bulletin)
Tesco have launched an online network for suppliers to improve their communication and provide a platform to share ideas and address common challenges. (Source: Drapers)
Budejovicky Budvar is to plough record levels of investment into the UK this year as its core Budvar lager brand seeks to capitalise from craft beer. (Source: Just Drinks)
Budejovicky Budvar is to plough record levels of investment into the UK this year as its core Budvar lager brand

Household

Findel have announced that their Chief Executive, Roger Siddle will step down at the end of the financial year. (Source: Retail Bulletin)
AS Watson, the owner of Superdrug have announced a deal to purchase 50 more health and beauty shops across Europe from Dirx Drugstores. (Source: Retail Week)
Elizabeth Arden have teamed up with The Hut Group to launch their first direct-to-consumer website in the UK and Ireland. (Source: Retail Week)
Elizabeth Arden have teamed up with The Hut Group to launch their first direct-to-consumer website

Magma have opened a new 1,878 sq. ft. store at the London’s Seven Dials. (Source: Retail Bulletin)

Courtesy of ‘Barclays

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