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What’s happening in #retail & with brands – trends for w/e 19th June 2015 #retailtrends #retailnews #marketingweek #eventmagazine

June 22, 2015

Clothing, Footwear & Accessories

Cambridge Satchel have opened their new men’s stores in London’s Seven Dials. (Source: Retail Times)
Cambridge Satchel have opened their new men’s stores in London’s Seven Dials

Fat Face have announced plans to open their first store in Boston, USA, in Autumn 2015. (Source: Drapers)
Karen Millen have succeeded in stopping the sale of over £2.6m worth of fake garments, following a three-year international anti-counterfeit campaign. (Source: The Independent)
New Look have announced plans to provide separate entrances for men and women in all their new stores opening in 2015, as a part of plans to grow their menswear division. (Source: The Independent)
Burberry have announced the expansion of their flagship store at Regent Street, London, to create an exclusive area dedicated to gifting. (Source: Company Press Release)
Burberry have announced the expansion of their flagship store at Regent Street

Nixon have announced plans to open their 1,000 sq. ft. flagship store at London’s seven dials, in mid October 2015. (Source: Retail Bulletin)
Sandro have announced plans to launch their first store in Yorkshire at Victoria Quarter in Leeds. The 564 sq. ft. store will be launched in later part of 2015. (Source: Retail Bulletin)

Lifestyle like-for-likes slumped to their lowest level for two months, with sales contracting by -6.3% year-on-year. We noted significant polarisation in the results between retailers: many outdoor retailers noted an uplift in sales this week, whilst some small ticket retailers saw sales fall by over a third year-on-year. Department stores saw less of a decline than other retailers, perhaps impacted by the less dramatic footfall in Greater London.

Fashion like-for-likes fell by -8.0%: a very disappointing performance given it was not off a strong base, and is the lowest like-for-like figure recorded since the final week of March. Many fashion retailers reported higher levels of discounting last year and this, coupled with lower levels of footfall, is heavily impacting takings at the tills. Designer retailers outperformed their budget fashion peers, and footwear retailers reported a less dramatic decline in sales.

Homewares, which has been holding up well compared to lifestyle and fashion over recent weeks, saw its first week of negative like-for-likes since April with sales declining by -5.2%.

Non-store was the only mildly shining gem in this week’s results: an increase of +13.4% is still a poor increase year-on-year for this category, but is higher than the previous week. Lifestyle retailers had a particularly strong week of non-store sales.

Electrical & Entertainment

HMV have relaunched their ecommerce site after closing it down two years ago. The soft-launched website will have price and promotions parity with HMV’s stores. (Source: Retail Week)
Amazon have announced plans to hire hundreds of employees for their three UK sites. The company have also announced plans of opening a 46,000 sq. ft. photography studio in Shoreditch. (Source: Verdict)

Food & Drink

Booths have announced plans to open a 32,000 sq. ft. store in Burscough in Lancashire on 15 July 2015. (Source: Retail Bulletin)
Diageo is to launch an advertising campaign for its Pimm’s Cider Cup brand, starting in July. (Source: Just Drinks)
Diageo is to launch an advertising campaign for its Pimm’s Cider Cup brand

Co-operative foods have announced plans to slash prices of fresh fruits & vegetables across their 2,800 stores in UK, as a part of their £125m investment plan. (Source: The Guardian)
John Lewis have announced plans to open 10 restaurants across their stores in partnership with Rossopomodoro and Joe & the Juice restaurants. (Source: Company Press Release)
Majestic Wine have announced plans to scrap their minimum ‘six-bottle purchase’ rule, as they seek to revamp their stores. (Source: The Guardian)
Tesco have teamed up with Unilever to launch the trial of ‘iBeacons’ that will offer discounts to consumers for Magnum ice cream at Tesco Express Stores. (Source: The Drum)
Waitrose have launched a scheme that provides 20% discount to consumers on selected 10 items. (Source: Company Press Release)
Heineken has unveiled its UK on-trade plans to support the 2015 Rugby World Cup, following the announcement last October that its namesake brand is the official beer sponsor. (Source: Just Drinks)
Heineken has unveiled its UK on-trade plans to support the 2015 Rugby World Cup, following the announcement last October that its namesake brand is the official beer sponsor.

According to the research conducted by Conlumino, retail spending for Father’s Day is forecast to increase by 3.9% to £684m in 2015. The research showed that in 2014 consumers spent £467m on Father’s Day gifts, £140m on Father’s Day food & drink, and £52m on Father’s Day cards and wrap. However, total spending on Father’s Day falls well below that of Mother’s Day. In 2014, total retail spend on Mother’s Day was nearly double that of Father’s Day at £1.3bn. In addition, the research found that just 37.6% of consumers feel that Father’s Day is an important occasion compared to 48.7% for Mother’s Day.

Household

John Lewis have announced four senior appointments, including Patrick Lewis as their Group Finance Director, with effect from 14 September 2015. The Group have also announced the names of five technology start-ups, who qualified for final stage of JLAB, John Lewis’ technology accelerator run, in partnership with L Marks. (Source: Company Press Release)
Kingfisher have appointed Michael Loeve as Chief Executive Officer of B&Q UK & Ireland, with effect from September 2015. (Source: Company Press Release)
Made.com have teamed up with Livingtec for creating eight capsule furniture collections over the next two years. (Source: The Drum)
Made.com have teamed up with Livingtec for creating eight capsule furniture collections over the next two years

Paperchase have announced the launch of their loyalty card programme that offers customers benefits such as birthday discounts. (Source: Retail Week)

Courtesy of ‘Barclays

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