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#retailtrends #retailnews #Retail & #Brand trends for w/e 27th November 2015 #marketingweek #eventmagazine

November 30, 2015

Company Results

  • AO World have reported a 21.7% increase in revenue to £264.3m for the six months to 30 September 2015. Website revenue increased by 23.7% to £214.8m while total UK revenue increased by 14.5% to £248.6m for the same period.
  • Arcadia Group have reported a 1.9% increase in total sales to £2.1bn for the year to 29 August 2015. Like-for-like sales decreased by 0.7% while digital sales increased by 23.9% for the same period.

Arcadia Group have reported a 1.9% increase in total sales to £2.1bn for the year to 29 August 2015

  • Bonmarché have reported a 6.5% increase in sales to £97m for the 26 weeks to 26 September 2015. Like-for-like sales increased by 2% while pre-tax profit stood at £5.4m for the same period. (Source: Retail Bulletin)
  • Cambria Automobiles have reported a 16.4% increase in total sales to £523.8m for the year to 31 August 2015. New vehicle sales increased by 9% while used vehicle sales increased by 4.4% for the same period. Profit before tax increased by 42.6% to £7.7m.
  • Edinburgh Woollen Mill Group have reported a 1.9% increase in sales to £562.2m for the year to February 2015. Pre-tax profits stood at £91.2m for the same period. (Source: Retail Week)
  • Findel have reported a 0.4% decrease in group sales to £191.4m for the 26 weeks to 25 September 2015. Group profit before tax was reported at £3.4m for the same period.
  • Ikea UK have reported an 11.3% increase in total sales to £1.6bn for the year to 31 August 2015.

Ikea UK have reported an 11.3% increase in total sales to £1.6bn for the year to 31 August 2015

  • John Lewis have reported 2.6% increase in sales for the week to 21 November 2015. Fashion and Electricals & Home Technology sales increased by 8.9% and 2.2% respectively while Home sales decreased by 2.9%. Sales at johnlewis.com increased by 16%.
  • Kingfisher have reported a 4.0% increase in group sales to £2.6bn on constant currency basis for the 13 weeks to 31 October 2015. Like-for-like sales increased by 2.6% for the same period while UK & Ireland sales increased by 5.5% for the same period. UK & Ireland like-for-like sales increased by 4.6% while retail profit for UK & Ireland was reported at £80m.
  • Pets at Home have reported a 6.0% increase in revenue to £404.5m for the 28 weeks to 08 October 2015. Like-for-like sales increased by 1.8% for the same period.
  • Waitrose have reported a 2.5% increase in sales (including petrol) for the week to 21 November 2015.

A poor week for lifestyle this week, with like-for-like sales falling by -5.6% off a far from stellar base the previous year. Widespread promotion of Black Friday discounts is likely to be a significant cause of the dried up consumer spending this week, particularly for shops specialising in larger lifestyle items such as outdoor goods. Retailers of small ticket giftware items seemed the most immune from the reduced spend, although this was by far a universal trend. Just three lifestyle retailers reported positive like-for-likes this week.

Fashion retailers also saw like-for-likes fall this week (-4.6%) off an already weak base in the previous year. Many blamed heavy promotion of Black Friday discounts in the following week for the reduced spend over the course of the week and it was designer retailers who saw the biggest falls in sales, with many mainstream retailers either posting positive like-for-likes or only small declines. Some retailers reported that the wintery conditions that hit the country over the weekend buoyed an increase in sales of outerwear and footwear, but this was not enough to produce positive results in most cases.

Homewares saw a slight increase in like-for-likes this week, with sales of DIY-orientated goods particularly immune from the Black Friday “sales stagnation” effect. This rise was particularly pleasing given the results were off a strong base in 2014.

Non-store was perhaps the most surprising result this week, with like-for-likes rising by +19.6% the best result for five weeks. Non-store lifestyle sales were particularly strong this week, with retailers of outdoor goods having one of the strongest weeks for remote sales with the changing weather conditions provoking some sales. Specialist fashion retailers also had a strong week and the launch of new “Christmas lines” enticed some expenditure with those who were not promoting Black Friday discounts noting the strongest performance this week.

Clothing, Footwear & Accessories

  • Butikku, the luxury womenswear retailer, have opened a pop-up boutique in London’s Connaught Village. (Source: Retail Bulletin)
  • Feelunique.com have announced plans to open four bricks-and-mortar stores in Paris, following the acquisition of French chain Parfumeries Rive Droite. (Source: Retail Week)
  • House of Fraser have announced plans to launch ‘shoppable windows’ via House of Fraser mobile apps, as part of their Black Friday campaign. (Source: Retail Gazette)
  • Kiko Milano have announced plans to open a 900 sq. ft. store at the South West shopping centre by end of 2015. (Source: Retail Bulletin)

Kiko Milano have announced plans to open a 900 sq. ft. store at the South West shopping centre

  • Nespresso have opened a permanent boutique at Bluewater shopping centre, following the success of a pop-up store at the same location. (Source: Company Press Release)
  • Pandora have opened a new 1,275 sq. ft. store at Trinity Walk shopping centre in Wakefield. (Source: Retail Bulletin)
  • River Island have launched ‘click and don’t collect’ service in partnership with eBay-owned fulfilment specialist Shutl, where the orders are delivered to the customers within 90 minutes or time of their choice. (Source: Retail Week)
  • Sports Direct have announced plans to open a new store at Donegall Arcade in Belfast City Centre by 2016. (Source: Insider Media)
  • Superdry have launched new premium Autumn/Winter men’s collection in collaboration with actor Idris Elba. (Source: The Drum)

Superdry have launched new premium Autumn:Winter men’s collection in collaboration with actor Idris Elba.png

Electrical & Entertainment

  • Amazon have expanded their Prime Now service to Newcastle, Gateshead, Durham and Sunderland. (Source: Retail Gazette)

Food & Drink

  • Britvic has lined up new launches for next year, including a Purdy’s overhaul, as the soft drinks maker battles a weak UK consumer backdrop. (Source: Just Drinks)
  • Chartman Group have launched drinks can recycling facilities at their flagship petrol forecourt, as part of a pilot scheme for the forecourt trader. (Source: Company Press Release)
  • Groupe Danone is to launch a GBP2m marketing campaign in the UK next year to support its Volvic Touch of Fruit Sparkling range. (Just Drinks)
  • Mast-Jaegermeister’s UK unit has rolled out a new advertising campaign, as part of a GBP2.7m investment. (Source: Just Drinks)

Mast-Jaegermeister's UK unit has rolled out a new advertising campaign.jpg

  • New Zealand wine is driving premium growth in the UK market, according to the latest Nielsen figures. (Source: Just Drinks)
  • Waitrose have launched Sushi counter in their Bath Store in co-operation with sushi bar and counter operator, Sushi Daily, to provide fresh made sushi to customers. (Source: Retail Bulletin)

Household

  • Made.com have launched a new online mattress store ‘The One’. (Source: Retail Week)

Made.com have launched a new online mattress store ‘The One.jpg

  • Matalandirect.com have extended their home improvement offerings by adding rugs, blinds and curtains to the site. (Source: Retail Bulletin)
  • McColl’s have announced that James Lancaster will step down as Chief Executive Officer and take on the role of Non-Executive Chairman. (Source: Retail Gazette)
  • Pets at Home have announced plans to pay all their staff the compulsory national living wage, regardless of age group. (Source: The Independent)

Courtesy of ‘Barclays

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