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#retailtrends #retailnews #Retail & #Brand trends for w/e 15th July 2016 #marketingweek #eventmagazine

July 18, 2016

Company Results

  • ASOS have reported a 30% increase in total retail sales to £500.5m for the four months to 30 June 2016. International sales increased by 31.0% to £297.4m while UK sales increased by 28% to £203.1m for the same period.

ASOS have reported a 30% increase in total retail sales to £500.5m for the four months to 30 June 2016

  • B&M have reported a 21.5% increase in group sales to £554.8m for the 13 weeks to 25 June 2016. UK sales increased by 21.3% to £508.1m while UK like-for-like sales remained flat for the same period.
  • Benfield Motor Group have reported a 6.8% increase in sales to £547m for the year to 31 December 2015. Group profit stood at £6.2m for the same period. (Source: AM Online)
  • Burberry have reported flat retail sales to £423m for the three months to 30 June 2016. Like-for-like sales decreased by 3% for the same period.
  • Halfords have reported a 2.1% increase in total group sales for the 13 weeks to 1 July 2016. Retail sales increased by 1.5% while retail like-for-like sales decreased by 1.2% for the same period.
  • Hotel Chocolat have reported a 12.0% increase in group sales to £92.6m for the year to 26 June 2016. Retail digital sales increased by 20.0% for the same period.
  • Mothercare have reported a 2.1% decrease in total UK sales for the 15 weeks to 09 July 2016. UK online sales increased by 6.4% while UK like-for-like sales increased by 1.2% for the same period.
  • Supergroup have reported a 21.3% increase in group sales to £590.1m for the year to 23 April 2016. Retail sales increased by 24.5% while like-for-like sales increased by 11.3% for the same period. Wholesale sales increased by 14.2%.

Supergroup have reported a 21.3% increase in group sales to £590.1m for the year to 23 April 2016

Lifestyle LFL sales were up by +3.18% on the same week last year. This was the highest result for lifestyle in five weeks. Department stores and gift retailers performed well, while many retailers of electrical goods and outdoor equipment saw negative sales this week.

Fashion LFL sales were marginally down by -0.40% this week, coming off of a positive base of +1.0% for the same week last year. The result marked the fifth negative week in succession for fashion, with 61% of respondents reporting negative growth figures this week.

Homewares posted the strongest result of the week, up by +7.15% on the same week last year. The strong result was the highest LFL growth level seen in the last six weeks. However, it should be noted that the result is coming off of a week base of -8.4% for the same week last year. Results were mixed amongst respondents as some furniture and soft furnishings retailers posted strong growth, while others reported negative LFL sales this week.

Non-store LFL sales were up by +23.61% this week, its strongest result in seven weeks. Fashion retailers fared better online this week, with 73% of respondents seeing positive non-store growth. Lifestyle also saw 73% of respondents post positive online LFL sales figures, while for homewares 86% of respondents saw positive non-store LFL sales growth.

Clothing, Footwear & Accessories

  • ASOS, in partnership with parcel delivery company DPD, have launched a new ‘Precise’ service allowing their customers to choose their own one-hour delivery slot. (Company Press Release)
  • Burberry have appointed Marco Gobbetti as their new Chief Executive Officer, with effect from January 2017. Christopher Bailey will take on the roles of President and Chief Creative Officer. (Source: Company Press Release)
  • Christian Dior have appointed Maria Grazia Chiuri as their new Artistic Director with immediate effect. (Source: Guardian)
  • Hobbs have appointed Mehul Tank as their new Chief Financial Officer with immediate effect. (Source: Drapers)
  • The White Company, have announced plans to open their North West flagship store at Peter’s Lane, Liverpool ONE. (Source: Retail Bulletin)
  • Victoria’s Secret have opened their first North West flagship store at Liverpool ONE, South John street. (Source: Retail Bulletin)

Victoria’s Secret have opened their first North West flagship store at Liverpool ONE.jpg

Electrical & Entertainment

  • Dixons Carphone have opened a new flagship store merging PC World, Currys and Carphone Warehouse brands in one location at Oxford Street, London. (Source: Company Press Release)
  • Dixons Carphone have also announced plans to launch a services business alongside their sales of mobile phones, gas cookers and fridges in a bid to capitalise on the rise of ‘Internet of Things’. (Source: Company Press Release)
  • GAME Digital have opened their first ever e-sports and competitive gaming zone, in the Manchester Trafford Centre. (Source: Company Press Release)

GAME Digital have opened their first ever e-sports and competitive gaming zone

  • The Entertainer have announced plans to open a new 3,400 sq. ft. store in Belfast’s Castle Court Shopping Centre in Northern Ireland in August 2016. (Source: Retail Bulletin)
  • WH Smith have announced plans to enter the Spanish market after securing a five year contract to operate two airside stores in Alicante International Airport. (Source: Retail Bulletin)

Food & Drink

  • Iceland have announced plans to open a 18,000 sq. ft. dark store in Tipton to serve online shoppers by August 2016. (Source: Retail Week)
  • Bacardi has secured ‘official spirits partner’ status for its namesake rum brand with four UK entertainment venues.

Bacardi has secured ‘official spirits partner’ status for its namesake rum brand with four UK entertainment venues.

  • McColl’s have announced plans to acquire 298 convenience stores from the Co-op Group Limited. (Source: Company Press Release)
  • Ocado have announced plans to open a bricks-and-mortar store in partnership with Marie Claire in Tottenham Court Walk, London by August 2016. (Source: Retail Week)
  • Spar UK have bought seven My Local stores after My Local fell into administration in June 2016. (Source: Retail Week)
  • Tesco have announced plans to discontinue selling eggs from caged hens by 2025 in a move to shift to organic sourcing methods. (Source: Company Press Release)
  • Heineken’s UK unit has launched a “multi-million pound” campaign as part of its exclusive sponsorship of Team GB in the 2016 Olympic Games.
  • Heineken's UK unit has launched a %22multi-million pound%22 campaign as part of its exclusive sponsorship of Team GB in the 2016 Olympic Games.

    have also announced plans to issue contracts to help support British Agriculture, and become the first UK retailer to introduce long term contracts for potato growers and packers. (Source: Company Press Release)

  • Waitrose have announced plans to change their payment terms for all UK small food producers to a maximum of seven days in an effort to build better relationships with their suppliers. (Source: Company Press Release)

The BRC-KPMG Online Retail Sales Monitor, May 2016, has revealed that online sales of non-food products in the UK grew by 9.0% in June 2016, compared to June 2015. In the three months to June 2016, online sales of non-food products in the UK grew by 9.7% year-on-year. Over the same period, store sales declined 1.9% on a total basis and 2.2% on a like-for-like basis. This has been the steepest decline since December 2012 on both measures. Online sales represented 20.6% of total non-food sales in the UK in June 2016, against 19.8% in June 2015.

Online sales grew across all categories except footwear, and increased their share of total non- food sales as stores sales slipped further into negative territory as the gloomy weather failed to attract persuade shoppers to shop online.

Household

  • Dobbies have appointed John Cleland as their new Chief Executive Officer with immediate effect. (Source: Retail Week)
  • eBay have launched an ‘advanced targeting’ tool that will allow home and DIY retailers to connect with customers looking to buy a house. (Source: Retail Week)
  • John Lewis have announced plans to open a new store in Chelmsford by September 2016. (Source: Company Press Release)
  • John Lewis have also announced plans to open six concession stores within Myer, Australian department store, by December 2016. (Source: Telegraph)
  • Lakeland have appointed Catherine Nun as their new Chairman, with effect from January 2017. (Source: Retail Week)
  • Poundland has agreed to a takeover by Steinhoff, the South African retail group. (Source: Guardian)

Courtesy of ‘Barclays

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