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#retailweek #retailtrends #retailnews #Retail & #Brand trends for w/e 20th January 2017 #marketingweek

January 23, 2017

Company Results

  • Bonmarche have reported a 3.3% increase in total sales for the 13 weeks to 24 December 2016. Like-for-like sales (stores and online) increased by 0.5% for the same period. The company has also reported a 1.3% decrease in total sales for the 39 weeks to 24 December 2016.
  • Burberry have reported a 22.0% increase in retail sales to £735.0m for the three months to 31 December 2016. Comparable sales for the group increased by 3.0%, while UK comparable sales increased by 40.0% for the same period.

burberry-have-reported-a-22-0-increase-in-retail-sales-to-735-0m-for-the-three-months-to-31-december-2016

  • Game Digital have reported a 1.6% decrease in gross transactional value (GTV) for the three weeks to 07 January 2017. The company has also reported a 6.3% decrease in gross transactional value (GTV) for the 23 weeks to 07 January 2017. UK gross transactional value declined by 18.3% for the same period.
  • Greggs have reported a 6.4% increase in like-for-like sales for the three months to 31 December 2016. Group’s total sales increased by 7.0% and like for like sales increased by 4.2% for the 12 months to 31 December 2016. (Source: The Telegraph)
  • Halfords have reported an 11.4% increase in group sales and a 5.9% increase in like-for-like sales for the 15 weeks to 13 January 2017. Total retail sales increased by 13.1% while retail like-for-like sales increased by 7.0% for the same period.
  • Hobbs have reported a 14.3% increase in total sales for the 13 weeks to 31 December 2016. Like-for-like sales increased by 3.9% and online sales increased by 26.7% for the same period. (Source: Retail Week)
  • Hotel Chocolat have reported a 16.2% increase in group revenue for the 13 weeks to 31 25 December 2016.
  • N Brown have reported a 4.1% increase in group sales for the 18 weeks to 31 December 2016. Retail sales increased by 5.9% and online revenue increased by 12.0% for the same period.
  • Pets at Home have reported a 4.4% increase in group revenue to £203.7m for the 12 weeks to 05 January 2017. Like-for-like group sales increased by 0.1% for the same period.
  • Radley have reported a 9.0% increase in total like-for-like sales for the six weeks to 25 December 2016. (Source: Verdict)
  • Reiss have reported a 19.7% increase in total sales for the six weeks to 7 January 2017. UK sales increased by 11.6% for the same period. (Source: Retail Week)

Reiss have reported a 19.7% increase in total sales for the six weeks to 7 January 2017. .png

  • Shop Direct have reported a 9.0% increase in total group sales for the seven weeks to 23 December 2016.

 

Lifestyle LFLs were down by -1.49% this week off of a negative base of -1.1% for the same week last year. Many gift retailers managed to post positive results, but retailers of outdoor goods, electrical goods, stationary and budget items struggled in-store this week. 59% of all respondents reported negative bricks-and-mortar results this week.

Fashion LFLs were down by -6.00% from a base of +2.2% last year. Very poor weather (including snow in many regions) impacted footfall sufficiently to dent in-store sales this week. 69% of respondents reported negative store LFLs this week.

Homeware LFLs were down by -2.50% this week off of an already negative base of -1.1% last year. This was the second negative week of the last three for homeware, with 50% of respondents reporting negative LFLs this week.

Non-store LFLs were the success story of the week, up by +39.00%, its best result since the week leading up to Christmas Day. Crashing through the +20% ceiling, excellent individual results were evident for all sectors, with 92% of lifestyle respondents reporting positive growth, compared to 68% for fashion and 83% for homeware.

Clothing, Footwear & Accessories

  • Harvey Nichols have announced plans to open a pop-up shop with ski brand Perfect Moment at the retailer’s Knightsbridge location to showcase their snow sports and menswear collection. (Source: Event Magazine)
  • Lululemon have opened their European flagship store at Regent Street, London on 12th January 2017. (Source: Company Press Release)
  • Pep & Co have announced plans to open 50 shop-in-shops within Poundland stores over the next 100 days. (Source: Drapers)
  • Thom Browne have announced plans to open their first British store on Albemarle Street in London’s exclusive Mayfair district. (Source: Verdict)

thom-browne-have-announced-plans-to-open-their-first-british-store-on-albemarle-street-in-londons-exclusive-mayfair-district

Electrical & Entertainment

  • Dyson have announced plans to launch a pop-up store where participants will have to solve cryptic software-based challenges to help test applicants’ problem-solving skills. (Source: Belfast Telegraph)
  • Moonpig have partnered with mental health charity Mind to launch bespoke cards and bouquets aimed to bring comfort to loved ones going through a mental health issue. (Source: BT.com)

Food & Drink

  • Asda have launched a new app called Surplus Swap app that will provide a platform for suppliers to address waste in their supply chain by buying and selling surplus food. (Source: The Grocer)
  • Iceland have launched an interactive Facebook live campaign to highlight the UK’s food waste problem. (Source: Retail Bulletin)
  • Diageo has confirmed the pending closure of Alexander & James, only four years after setting up the UK-focused e-commerce portal. (Source: Just Drinks)
  • Diageo has labelled 2017 the year of home-consumption in a new report that predicts a shake-up for socialising over the next 12 months.
  • Bacardi’s namesake brand has teamed up with musicians Major Lazer to roll out a year-long collaboration called The Sound of Rum. (Source: Just Drinks)

2016 American Music Awards - Red Carpet

Household

  • JD Sports have announced plans to upsize to a new regional flagship store at the Liverpool ONE shopping destination. (Source: Retail Bulletin)
  • Sainsbury have announced plans to open their first new regional stand-alone Habitat store in Leeds. As part of a rebranding exercise for Habitat, Sainsbury’s will also introduce mini Habitats within six of their supermarkets. (Source: Verdict)

Courtesy of ‘Barclays

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