The Daily Retail News Digest for brands and media – 24/2/22

TRENDS, STRATEGY AND TECHNOLOGY

PEOPLE, MOVERS AND SHAKERS

BRAND NEWS

AND FINALLY

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The Daily Retail News Digest for brands and media – 24/2/22

Main Image: Freemans

The latest retail news from Ralph Lauren, Ikea, Victorian Plumbing, 7 For all Mankind, Zilver, L’Oréal, Peloton plus articles on which new-normal trends will outlast covid, what does the future hold for BNPL, five pre-loved marketplaces you need to know about and much more.

PRShots Digest with news from Ralph Lauren, Ikea, Victorian Plumbing, 7 For all Mankind, Zilver, L’Oréal, Peloton & more, plus articles on which new-normal trends will outlast covid, what does the future hold for BNPL, five pre-loved marketplaces you need to know about & more

Main Image: Freemans

PRShots Digest with news from Ralph Lauren, Ikea, Victorian Plumbing, 7 For all Mankind, Zilver, L’Oréal, Peloton & more, plus articles on which new-normal trends will outlast covid, what does the future hold for BNPL, five pre-loved marketplaces you need to know about & more https://www.prshots.com/pressnews

Brand Requests is now live!! You can now get your editorial requests in front of all of the PRShots brands in a minute (John Lewis, Hotter, Next, M&S, Primark, Sainsbury, DFS, Oliver Bonas, Nest etc). Just click along to Brand Requests tell them what you need, eg pics for a feature, AW22 previews etc say what your deadline is and how you want to be contacted and it'll instantly appear to our brands.

To see the latest news go to our Twitter account @prshotsr

#retail #retailnews #fashionnews #retailbrandnews #ukretail #retailstrategy #retailbrandstrategy #sustainablefashion #businessnews

THE LATEST RETAIL INDUSTRY NEWS

eBay forecasts bleak quarter as online shopping frenzy wanes

eBay has forecast bleak first-quarter results as Q4 figures show mixed results, with revenue up 5% to $2.6bn but gross merchandise volume fell 10% to $20.7 bn and annual active buyers fell 9% to 147m.

Studio formally calls in administrators with 1400 jobs at risk

Online retailer Studio has formally drafted in administrators after signalling the likelihood of collapse earlier this month and up to 1,400 jobs are at risk.

Bids for health and beauty giant Boots expected today

Indicative bids for Boots are expected today and private-equity house TDR Capital, which took control of Asda, CVC Capital Partners and Bain Capital are thought to be among the interested parties.  

TK Maxx results miss estimates

TK Maxx sales were up 27% to $13.85bn in the final quarter of 2021 but missed analyst estimates due to temporary store closures and fewer customers visiting its outlets due to Omicron.

LVMH mulls acquiring Ralph Lauren

French luxury business LVMH has been holding discussions with US brand Ralph Lauren over the past few years, as 82-year-old Lauren explores a succession plan for the business he founded in 1967.

Ikea opens first city centre shopping mall in west London

Ikea has opened Livat Hammersmith a new £170m mall - they call it a “meeting place” – which combines food and shopping and is the property arm Ingka Centres first Livat centre in Europe.

Reebok looks to fill Nike’s shoes as it moves to a more direct sales approach

Reebok is planning on filling the physical sportswear void that is being left by Nike as the sportswear giant focusses more on a direct-to-consumer approach.

Majority of consumers are turning to social platforms for beauty products

The vast majority of global consumers (91%) now preferring to shop for beauty products via social platforms, as just 44% opt to browse for and purchase cosmetics in-store.

Majority of shoppers will switch to brands that match their values

Nearly 60% of UK consumers would switch to brands that represent the values that are important to them, according to a study by Adobe.

Victorian Plumbing hit by inflationary pressures

Victorian Plumbing expects profits to be slightly lower than previously expected in H2 2022 as it faces ongoing inflationary cost pressures, but said it expects to make a return to year-on-year growth. 

EU Proposes law to make big brands more accountable for supply chains

The European Commission has proposed a law to make large companies check that their suppliers around the world respect environmental standards and do not use slave or child labour.

Footwear firms lament Brexit duty confusion

UK footwear businesses are receiving higher-than-expected duty bills as post-Brexit trading rules cause chaos, and some have warned they will have to pass the costs on to consumers.

TRENDS, STRATEGY AND TECHNOLOGY

Which pandemic trends will outlast Covid?

Retail Week looks at the key trends that have dominated during the pandemic to see which consumer behaviours are here to stay.

What does the future hold for BNPL?

Nearly a fifth of UK adults use a BNPL service at least once a month, and in 2020 it represented 2.1% of global e-commerce transactions, but there are issues, so what does the future look like for BNPL.

The five pre-loved fashion marketplaces you need to know about

Online marketplaces selling pre-loved or second-hand clothes are booming in popularity, with even fast-fashion retailer PrettyLittleThing getting in on the act, here are five you need to know about.

How games are the best entry point into digital fashion

Being digital environments by nature, games have always been a great entry point for various fashion houses to integrate their pieces digitally.

Facebook's Meta unveils AI projects aimed at building the metaverse

Facebook-owner Meta is working on artificial intelligence research to generate worlds through speech, improve how people chat to voice assistants and translate, CEO Mark Zuckerberg said.

Tech firms need “moral compass” over children’s safety in metaverse, warns UK commissioner

The Children's Commissioner for England has criticised Meta and said tech companies need to get a "moral compass", following concerns about inappropriate content in the virtual world.

BRAND NEWS

7 For All Mankind launches new campaign with Cara Delevingne

Denim brand 7 For All Mankind launched a new campaign with actress, philanthropist, entrepreneur, and style icon Cara Delevingne.

Yeezy Gap unveils ‘Engineered by Balenciaga’ collab

Kanye West and Balenciaga’s Creative Director, Demna have dropped the first limited release of their highly anticipated partnership, Yeezy Gap Engineered by Balenciaga on yeezygap and farfetch sites

Zilver opens first flagship in London

Sustainable fashion label Zilver, founded by Pedro Lourenço, has opened its first flagship store in London,

L’Oréal could be on its way to entering the metaverse

Cosmetics giant L’Oréal could be one step closer to stepping into the metaverse after reports found it had filed seventeen virtual trademarks.

Peloton looks at new subscription model

Peloton's new chief executive Barry McCarthy is pondering a new subscription model in order to lower the upfront cost of the brand's expensive machines.

AND FINALLY

Kanye is trying to make the welly the must have footwear for 2022

Fashion is embracing big, bulky boots – basically wellies - for Fall/Winter 2022, a trend we can probably blame on none other than Kanye West.

 

PRSHOTS TOP 10 SEARCHES

What were our users searching for on PRShots week-ending February 18th 2022?

1/ SS22

2/ Easter

3/ Garden

4/ Green   

5/ Yellow

6/ Cushion

7/ Skirts

8/ Tote Bags

9/ Mothers Day  

10/ Bags

COLLABORATIONS ON PRSHOTS

Our PRShots brands are looking for media and influencers who want to work with them on collaborations. Register for free at PRShots new collabs service to find out more  https://collabs.prshots.com/ 

NEW BRANDS TO PRSHOTS

DoTerra was founded in 2008, after the health-care and business professional founders discovered the benefits of natural essential oils and decided to bring those benefits to wider audience – doTERRA is the Latin for “Gift of the Earth.”  

V.Gan started in 2018 with the aim of providing animal-friendly fashion and has quickly established ourselves as one of the most progressive in the vegan community and is available worldwide.

The Jacket Bar was born in the streets of Notting Hill by two long-time friends Diane and Sara, who shared a passion for iconic vintage pieces from the early ‘90s with the retro look and style of the era.

Delightfull is a Portuguese interiors business with offices in the UK that specialises in high-end furniture and lighting solutions. Their products are handmade and combine a long heritage of skilled crafts and have an eye for the emerging needs of the future.

Designer Angelika Józefczyk was inspired by the expression of artists like William Morris, Gustav Klimt, and the architecture of Antonio Gaudi. The collection uses embroidered and patterned soft fabrics like chiffon, satin and crepe.

The MorphBag by GSK is an award-winning London-based luxury vegan handbag brand. Designed by Italian born award-winning luxury handbag designer Giovanna Sessi-Knott the sustainable bags have a timeless and versatile design and come in three colour-coordinated options.

Night Store combines a girl’s night glamour and dreamy levels of comfort, all pieces are designed with a relaxed fit. Best served with a glass of your favourite on a chilled night in or catching up with friends.

Make It British

Under the Make it British umbrella we have a selection of innovative small businesses producing beautiful clothes, accessories and jewellery and they’re all designed and made in the UK.

HELP WITH YOUR IMAGE SEARCHES

The latest images on PRShots are found here https://www.prshots.com/whatsnew why not bookmark the page for a regular feed of the latest images on PRShots!! You can select the latest images from the last 24hours, week, or month.

BRANDS WITH NEW IMAGES

Clothing and accessories

Freemans has the latest Star by Julien Macdonald ranges

New Look has SS22 ranges

Very has new accessories, shoes and clothing ranges

Oliver Bonas has new clothing, jewellery and bags

M&Co  has new outdoor summer and Kylie ranges

Barbour has new summer outfits

Primark has new leisure wear men and women and a Greggs range

Dune London has new bags, shoes and glasses

River Island has new summery SS22 outfits and International Women’s day clothes

Pink House Mustique has new womenswear

Homesense has new gifts and home wear images for Easter

Regatta has new kids Peppa Pig clothing ranges

Fatface has new accessories, jewellery, and shoe ranges

Crew Clothing has new SS22 ranges

Tu Clothing has outfits for world book day

George at Asda has summer clothing ranges and swimwear

From My Mothers Garden has new kimonos

Radley has new bags

Sonder Studio has SS22 shots

Lipsy has new SS22 outfits and bridal wear

Matalan has new Papaya and kids ranges

Aspiga  has organic eco clothing ranges

 

See more new clothing and accessories images from the last two weeks from

Feelunique Hope Fashion Pretty Little Thing Dune London Mens Seol + Gold Cath Kidston Primark Kaleidoscope Sainsbury’s beauty Office The Jacket Bar Joe Browns Cocoove

 

Home

Nest has new home ranges for indoors and outdoors

Parker Knoll has new furniture ranges

Collins & Hayes has new sofa ranges

Oliver Bonas has new March release home products

Cult Furniture  has new home furniture

Paperchase has new wedding stationery and gifts for the home

Biscuiteers Baking has new Father’s Day and Mother’s Day gifts

Sofology has new bedroom furniture

Dobbies Garden Centres has new home goods and things for outdoor summer entertaining and Mother’s Day  

Furniture Village has new outdoor furniture

Fatface has new home ranges and Easter gifts

Habitat has new bedding and homewear

Abstract House has new canvases

B&M has new home accessories  

Cambridge Imprint has new patterned papers

Dunelm has new homeware and bedding

National Trust Shop has new books, gifts for easter and SS22 collections

Lights4fun has new lights for the garden and home for Easter and summer

DFS launched its Vegan sofa and furniture range

 

See more new home images from the last two weeks from

Baa Stool Next Homesense George Home Fritz Fryer Cartwright & Butler The Range Very TKMaxx Avalana John Lewis Primark Designers Guild Marks & Spencer  

 

Looking for inspiration??

Our trends lightboxes section has lots of ideas for features and themes but If  you can't find something or you need help then email us at support@prshots.com, and we'll see if we can help

 

February Diary

How to get your brand on the February Editorial Calendars   

Aside from continuing to keep an eye on those SS21 drops the first half of the month is preparing for Valentine’s day issues and the second half is about getting ready for Easter. For Easter make sure everything has some of the keywords the media will be looking for eg eggs, chocolate, easter bunny, easter egg, chick etc.

As we’re coming out of winter it’s time to start putting up images for the spring and summer. So anything related to getting out of the house – Pandemic allowing - so uploading images and adding keywords relating to summer outfits, swimwear, the garden, garden parties and Barbecues (don’t forget to add all of the other spellings BBQ, Bar-B-Que etc).  

February Diary - Weeks/Months

In the UK February is LGBT+ history month and in the US this is Black History Month. It’s a great month for food, we have Chinese New Year, Pancake day and national Pizza Day. 

Additionally, it’s also Bread Week (19th-27th), Fairtrade Fortnight (Feb 21st – Mar 6th) and it’s National Bird Feeding Month in the US

February - Days

26th - National Wear Red Day (Support for Heart disease)

28th – Maha Shivaratri 

 

March Diary

How to get your brand on the March Editorial Calendars   

March is mostly about preparing for the big Easter holidays in April so make sure you are starting to include relevant Easter keywords, plus it’s also the time people make their first big getaway abroad so any keywords and clothes for warmer climes, loungewear, going-out wear, swimsuits, bikinis etc should be added.

At the end of the month, there’s Mothers’ Day. If you have any relevant gifts, cards etc then get them uploaded and get Mother’s Day in your keywords and on anything appropriate. Also, if you have anything green then add that for St Patrick’s day in the middle of the month.

Plus, as we’re now definitely in Spring, so carry on adding those spring summer related images and adding keywords relating to summer outfits, swimwear, the garden, garden parties and Barbecues (don’t forget to add all of the other spellings BBQ, Bar-B-Que etc).  

March Diary - Weeks/Months

In the UK it’s National Bed Month - Introduced by The Sleep Council and The National Bed Federation, it aims to raise awareness of the importance of sleep so push anything sleep-related. it’s also the British Heart Foundations Dechox month which encourages people to give up chocolate – cakes and biscuits - for the month! So, any chocolate, biscuit or cake alternatives should be pushed. 

Other events include;

Fairtrade Fortnight (Feb 21st – Mar 6th)

British Pie Week (7th-13th)

British Science Week (11th-20th)

Butchers Week (7th-13th)

March - Days

 

1st – St David’s Day

1st – Maha Shivaratri Hindu festival

2nd – Dr Seuss Day (US)

2nd - Ash Wednesday

3rd – World Book Day

8th – International Women’s Day

9th – No Smoking Day

14th – Commonwealth Day

17th – St Patrick’s Day

18th – Global Recycling Day

18th – Red Nose Day for Comic Relief

28th – Holi Hindu Festival

20th – First Day of Spring

21st – International Day of Forests

22nd – World Water Day

22nd -23rd - The London Textile Fair - Business Design Centre in Islington, North London

25th – National Bridesmaids Day

27th - Mother’s Day UK

27th – The Oscars

27th – British Summertime Begins

Do you have any news on your brand that you want us to feature, or have a new appointee or a new event that you would like us to feature? Get in touch at news@prshots.com We don't charge, so get emailing now!!!

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