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#retailtrends #retailnews #Retail & #Brand trends for w/e 22nd April 2016 #marketingweek #eventmagazine

April 25, 2016

Company Results

  • The Hut Group have reported a 35% increase in sales to £334m for the 12 months to 31 December 2015. International sales increased by 46% to £167m for the same period. (Source: Retail Week)
  • John Lewis have reported a 5.3% increase in sales for the week to 16 April 2016. Home and Electricals & Home sales increased by 6.4% and 11.4% respectively, while Fashion sales decreased by 1.0% for the same period.
  • SABMiller has reported a healthy end to its fiscal full-year, ahead of its pending takeover by Anheuser-Busch Inbev.

SABMiller has reported a healthy end to its fiscal full-year, ahead of its pending takeover by Anheuser-Busch Inbev..jpg

  • N Brown have reported a 3.5% increase in total group revenue to £866.2m for the 52 weeks to 27 February 2016. Statutory profit before tax stood at £72.2m for the same period.
  • Nisa Retail have reported a 4.9% increase in sales to £327.5m for the 14 weeks to 03 April 2016.
  • Pets at Home have reported an 8.8% increase in sales to £793.1m for the 53 weeks to 31 March 2016. Like-for-like sales increased by 2.1% for the same period.
  • Primark have reported a 5.0% increase in sales to £2.6bn for the 24 weeks to 27 February 2016. Operating profit decreased by 3.0% to £313m for the same period.
  • Travis Perkins have reported a 5.0% increase in total group sales for the quarter to 31 March 2016. Like-for-like sales increase by 4.2% for the same period.
  • Waitrose have reported a 3.4% increase in sales (excluding petrol) for the week to 16 April 2016.

After a less than promising start to the month, lifestyle retailers have seen another strong week of LFL sales with figures up +3.32% as jewellery and gift retailers saw a surge in sales. Stationery and gadget retailers experienced a week-on-week decline while outdoor and sports retailers saw growth as spring weather inspired consumers to get outside.

As mid-season discounting came to an end, fashion retailers saw a sharp decline in LFL sales (-11.96%). he end of seasonal discounting alongside negative movement in UK footfall across the high street (-6.7%) and shopping centres (-3.4%) demonstrates the way in which shoppers remain focused on targeted, sale specific shopping. LFL sales fell significantly across the nearly the entire peer group with only some gymwear retailers seeing positive movement. Clothing and footwear performed particularly poorly with LFL sales down -25.25% and -41.20% respectively.

Homewares is yet again the winner of the week with LFL sales up +13.05% as retailers reported another week of positive results with particular growth in homeware accessories and decoration. Online, homeware retailers also saw growth (+18.80%) as consumers browsed and purchased.

After regaining its position in the +20% bracket last week, online sales have seen a slight week-on-week decline despite reporting an overall positive result (+13.30%). Homewares had a robust week while fashion and lifestyle faltered despite targeted discounting efforts.

Clothing, Footwear & Accessories

  • All Saints have opened their first store in Japan, in Tokyo Bay. The retailer has also launched a dedicated website for Japan. (Source: Retail Week)

All Saints have opened their first store in Japan, in Tokyo Bay.

  • Asda have announced plans to launch an exclusively designed Umbro range of 150 lines including shirts, shorts, football boots, balls and gloves. (Source: The Drum)
  • Boohoo have appointed Sara Murray as their new Non-Executive Director, with immediate effect. (Source: Company Press Release)

Boohoo have appointed Sara Murray as their new Non-Executive Director, with immediate effect.jpg

  • Debenhams have announced that their Chief Executive Officer, Michael Sharp, has decided to step down from the role. (Source: Company Press Release)
  • Jack Wills have announced plans to open their first outlet in London at the Quintain owned London Designer Outlet in Wembley Park by 29 April 2016. (Source: Retail Bulletin)
  • Oasis have launched new m-commerce and engagement app, featuring a personal stylist booking system and social & editorial content. (Source: Retail Week)

Oasis have launched new m-commerce and engagement app, featuring a personal stylist booking system and social & editorial content.

 

  • Primark have opened their first store in Italy at II Centro shopping centre in Arese, Milan. (Source: Company Press Release)
  • Yoox Net-a-Porter have sold a 4% stake to Dubai investor Alabbar Enterprises, as a part of their strategy to develop local websites in Middle East.

Electrical & Entertainment

  • Amazon have launched Prime Now one-hour delivery service to selected postcodes in Leeds. (Source: Verdict)
  • WH Smith have announced plans to manage over 61 post offices in a 10-year deal with Crown post offices. (Source: The Guardian)

Food & Drink

  • Iceland have announced plans to open 25 new stores across the UK in 2016, creating 2,000 new jobs. (Source: Verdict)
  • Sainsbury’s have announced plans to create 150 new digital and technology jobs in Manchester over next 18 months to expand their in-house digital and technology capability. (Source: Company Press Release)
  • Waitrose have announced plans to export their products to China exclusively through the Royal Mail store on Tmall Global, an online marketplace operated by Alibaba. (Source: Company Press Release)
  • Diageo has invested “seven figures” in a campaign for its Guinness lager brand Hop House 13.

Diageo has invested %22seven figures%22 in a campaign for its Guinness lager brand Hop House 13.

Household

  • Bathstore have opened their first international franchised store in partnership with Manazel International Enterprises in Doha, Qatar. (Source: Company Press Release)
  • B&M have announced plans to open a new 24,000 sq. ft. store at Slough Trading Estate, Farnham Road. (Source: Retail Bulletin)
  • Superdrug have announced plans to launch their second ‘Open House’ event as a platform to look for new healthcare and wellbeing brands to launch products in their high street stores and online. (Source: Retail Times)

 

Courtesy of ‘Barclays

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