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What’s happening in #retail & with brands – trends for w/e 10th July 2015 #retailtrends #retailnews #marketingweek #eventmagazine

July 13, 2015

Company Results

ASOS have reported a 21% increase in group sales to £396.6m for the four months to 30 June 2015. Total retail sales increased by 20% to £386.0m while UK retail sales increased by 27% to £158.3m for the same period.
ASOS have reported a 21% increase in group sales to £396.6m for the four months to 30 June 2015.

Booker have reported a 0.2% increase in total sales for the 12 weeks to 19 June 2015. Like-for-like sales including Makro increased by 0.4% for the same period.
Dunelm Group have reported a 12.7% increase in total sales to £822.7m for the 52 weeks to 27 June 2015. Like-for-like sales increased by 5.8% to £725.0m for the same period.
John Lewis have reported a 2.7% increase in sales for the week to 04 July 2015. Fashion and Electricals & Home Technology sales increased by 7.7% and 4.8% respectively while Home sales decreased by 3.3%. Sales at johnlewis.com increased by 21.9%.
Maplin have reported a 6.3% increase in sales to £237m for the year to 21 March 2015. Like-for-like sales increased by 4.3% while online sales increased by 20.6% for the same period. (Source: Retail Week)
M&S have reported a 1.8% increase in group sales for the 13 weeks to 27 June 2015. UK total sales increased by 1.9% while UK like-for-like sales remained flat for the same period.
Primark have reported a 13% increase in sales at constant currency for the 40 weeks to 20 June 2015.
Primark have reported a 13% increase in sales at constant currency for the 40 weeks to 20 June 2015

Supergroup have reported a 12.9% increase in group sales to £486.6m for the year to 25 April 2015. Retail sales increased by 17.0% to £334.1m while like-for-like sales increased by 4.8% for the same period. Wholesale sales increased by 4.9% to £152.5m.
Swansway Group have reported an 18.0% increase in turnover to £436.1m for 2014. Pre-tax profit increased by 20% to £6.2m for the same period. (Source: AM Online)
Waitrose have reported a 6.0% increase in sales (including petrol) for the week to 04 July 2015.
Wyevale Garden Centres have reported a 5% increase in sales to £290.4m for the year to 28 December 2014. Operating profit stood at £34.1m for the same period. (Source: Retail Week)

According to The Local Data Company, the shop vacancy rate across the country stood at 13.0% in June 2015, while the overall retail and leisure vacancy rate stayed static at 11.6%. The report also revealed that there were 376 more occupied shops in the top 650 town centres across the country. June also saw the highest number of new units added at 233, an above average number of demolitions of shops at 81 units, and over 90 units having a change of use from retail to either office, residential or warehousing.

Clothing, Footwear & Accessories

Dandy Lab, new men’s lifestyle store, have announced plans to launch their first store at London’s Spitalfields on 14 August 2015. (Source: Retail Bulletin)
John Lewis have announced plans to launch 60-piece ready-to-wear collection in collaboration with Bruce Oldfield on 04 September 2015. (Source: Drapers)
Primark have announced plans to open a 7,000 sq. ft. store in Arese, Italy, by February 2016. (Source: The Telegraph)
Selfridges have acquired a 55,000 sq. ft. retail and office block at 101 Wigmore Street in London for £90m. (Source: Verdict)
Selfridges have acquired a 55,000 sq. ft. retail and office block at 101 Wigmore Street in London for £90m.

Supergroup have entered into an agreement with Trendy International to open five stores in China over next 12 months. (Source: The Guardian)

Electrical & Entertainment

Dixons have appointed Jeremy Fennell as new Managing Director of Carphone Warehouse replacing Graham Stapleton. (Source: The Drum)
The Entertainer have announced plans to open a 5,200 sq. ft. store at Flemingate shopping centre in Beverley in later 2015. (Source: Retail Bulletin)
The Entertainer have announced plans to open a 5,200 sq. ft. store at Flemingate shopping centre in Beverley in later 2015.

Maplin have appointed Oliver Meakin as their new Chief Executive Officer, with effect from September 2015. He will replace John Cleland. (Source: Retail Week)

Food & Drink

The Co-operative Food have witnessed a double-digit growth across their fresh produce range following a £125m price investment strategy. (Source: Retail Bulletin)
Greggs have launched an upgrade of their rewards application that enables consumers to redeem awards, make payments and receive offers with a phone tap at the till point using contactless technology. (Source: Retail Bulletin)
– Suntory soft drinks brand Ribena is launching a GBP6m (US$9.3m) marketing campaign aimed especially at consumers aged 16 to 34. (Source: Just Drinks)
Morrisons have appointed Irwin Lee as their new Non-Executive Director, with effect from 01 September 2015. (Source: The Grocer)
Sainsbury’s have entered into collaboration with Eagle Eye where, Eagle Eye will handle digital coupons and register discount vouchers on consumers’ phones for Sainsbury’s. (Source: The Telegraph)

According to the figures released by Savills, the number of stores owned by retailers on London’s key shopping districts of Bond Street and Oxford Street have increased by 28% and 7% respectively over past two years. The figures also showed that retailers now account for 22% of ownership for the whole of Bond Street, second only to overseas investors at 31%. The study also revealed that of all the space under retail ownership, 50% of the units are owner-occupied. Retailers now account for 14% of current ownership on Oxford Street, however, the percentage of owner occupied units is lower than on Bond Street at 31%. The retailer with the most stores under ownership was Ponte Gadea (Zara) with 12 stores, followed by Bestseller with five. Overseas investors are the largest group of owners on the street accounting for 32%, with UK property companies just behind at 30%.

Household

Carpetright have completed the transformation process for their four existing stores in Clapham, Tunbridge Wells, West Thurrock and Reigate as concept stores, as a part of their national brand revitalisation strategy. (Source: Retail Bulletin)
House of Fraser have announced plans to restructure their operations which involves creation of ‘customer insight team’ comprising brand, CRM, product and multichannel functions. (Source: Retail Week)
Tesco have announced plans to end their Fuel Save scheme by the end of September 2015. (Source: Verdict)

Courtesy of ‘Barclays

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