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

October 26, 2015

Company Results

ASOS have reported an 18% increase in group sales to £1.1bn for the year to 31 August 2015. UK retail sales increased by 27% to £473.8m while pre-tax profit increased by 1% to £47.5m for the same period.
ASOS new sales report 2015

Debenhams have reported a 0.4% increase in group statutory revenue to £2.3bn for the 52 weeks to 29 August 2015. Group like-for-like sales increased by 0.6% while UK sales increased by 1.1% to £1.9bn for the same period. Underlying pre-tax profit stood at £113.5m.
Game Digital have reported a 0.5% increase in total sales to £866.6m for the 52 weeks to 25 July 2014. UK sales increased by 1.7% to £655.9m while pre-tax profit decreased by 4.5% to £38m for the same period. (Source: Retail Week)
Home Bargains have reported a 15% increase in sales to £1.4bn for the 12 months to June 2014. Pre-tax profit increased by 17.9% to £147.1m while like-for-like sales increased by 1.2% for the same period. (Source: Retail Week)
Home Retail Group have reported a 2.0% decrease in sales to £2.6bn for the 26 weeks to 29 August 2015. Benchmark profit before tax increased by 10% to £34.1m for the same period.
Inchcape have reported a 9.4% increase in sales to £1.7bn for the quarter to 30 September 2015. Like-for-like sales increased by 10.1% for the same period.
John Lewis have reported a 4.4% increase in sales for the week to 17 October 2015. Fashion, Home and Electricals & Home Technology sales increased by 5.8%, 2.6% and 5.2%, respectively. Sales at johnlewis.com increased by 13.1%.
Mothercare have reported a 7.1% decrease in group sales for the 13 weeks to 10 October 2015. Total UK sales increased by 1.8% while UK like-for-like sales increased by 6.5% for the same period.
Office have reported total sales at £270.2m for the year to January 2015. Pre-tax profits increased by 5.5% to £56.2m for the same period. (Source: Retail Week)
Reiss have reported a 10% increase in sales to £128m for the year to 31 January 2015. (Source: Verdict)
Reiss have reported a 10% increase in sales to £128m for the year to 31 January 2015

Travis Perkins have reported a 5.5% increase in total sales for the third quarter of 2015. Like-for-like sales increased by 2.6% for the same period.
Waitrose have reported a 1.0% increase in sales (including petrol) for the week to 17 October 2015.

The latest figures from the IMRG Capgemini e-Retail Sales Index have revealed that online retail sales grew by 12.0% year-on-year in September 2015. The index has grown 10% during Q3 2015, and as the sector prepares itself for the busy Christmas period, the year-to-date growth also remains at 10%. The September performance was boosted by the late summer bank holiday which fell within the first week of the month, helping the index grow 8% on August, although growth was still slightly lower than might have been expected. The Indian summer experienced in many parts of the country was likely to have been a contributing factor. Parents updating back­to­school wardrobes helped the clothing sector to record 12% year-on-year growth in September 2015, building on flat September growth in 2014.

Clothing, Footwear & Accessories

Crabtree & Evelyn have announced plans to open a pop-up shop on London’s Kings Road by 30 October 2015. (Source: Retail Bulletin)
Crabtree & Evelyn have announced plans to open a pop-up shop on London’s Kings Road by 30 October 2015111

Debenhams have announced that their Chief Executive Officer, Michael Sharp, will step down from the role in 2016. (Source: Company Press Release)
Oasis have announced plans to open a concept store in London with Prosecco bar and hairdresser on 06 November 2015. (Source: Drapers)

Electrical & Entertainment

Maplin Electronics have appointed Lindsay Dunsmuir as their new Chief Financial Officer, replacing Lawrence Coppack. The retailer has also appointed Siobhan Fitzpatrick as their new Marketing and ecommerce Director. (Source: Retail Gazette)

Food & Drink

Asda have announced plans to launch a search engine called Endeka within their transactional website, allowing the customers to find products they want to buy. (Source: Retail Week)
Smiggle have announced plans to open an 807 sq. ft. store within Peacocks at Woking Shopping by November 2015. (Source: Retail Bulletin)
Waitrose have announced that their Managing Director, Mark Price, will step down from the role with effect from 03 April 2016. He will be replaced by Rob Collins. (Source: Company Press Release)
– A UK government advisory group has urged officials to impose a sugar tax on sweetened soft drinks and tighten advertising guidelines. (Source: Just Drinks)
– Coffee shop giant Starbucks has opened a central London store that serves beer and wine. (Source: Just Drinks)
Coffee shop giant Starbucks has opened a central London store that serves beer and wine.

Waitrose have launched a new website that offers their customers over 3,000 products ranging from cookware and utensils to cookbooks and coffee machines, to spiralizers and blenders. (Source: Company Press Release)

Household

Fake Landscapes have announced plans to open a new 1,900 sq. ft. store on London’s Fulham Road by 28 October 2015. (Source: Retail Bulletin)
JD Sports have announced plans to relocate to a new 9,687 sq. ft. store on Midsummer Arcade at Centre:mk in Milton Keynes. (Source: Retail Bulletin)
McColl’s have announced plans to sell 100 newsagents after a review of their portfolio of 1,346 stores, as a part of their plans to develop convenience business. (Source: Company Press Release)

Courtesy of ‘Barclays

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