#mondaymotivation
#retailweek #retailtrends #retailnews #Retail & #Brand trends for w/e 13th July 2018 #marketingweek
Company results:
| • | Asos have reported a 22.0% increase in total retail sales to £802.7m for the four months ending 30 June 2018. UK retail sales increased by 23.0% to £288.0m, while international retail sales increased by 21.0% to £514.7m for the same period.
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| • | B&M have reported a 21.3% increase in total sales revenue to £796.3m for the 13 weeks ending 30 June 2018. B&M UK sales revenue increased by 8.3% to £648.3m, while like-for-like sales increased by 1.6% for the same period. |
| • | Burberry have reported a 0.2% increase in retail revenue to £479.0m for the 13 weeks ending 30 June 2018. Like-for-like sales increased by 3.0% for the same period.
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| • | DFS have reported a 4.0% decrease in like-for-like sales for the 49 weeks ending 07 July 2018. |
| • | Dunelm have reported a 1.4% decrease in group revenue to £236.5m for the 13 weeks ending 30 June 2018. Total like-for-like sales increased by 0.1% to £209.0m, while like-for-like store sales decreased by 4.6% to £179.0m for the same period. |
| • | Matalan have reported a 4.9% increase in revenue to £265.9m for the 13 weeks ending 26 May 2018. EBITDA increased to £24.8m for the same period. (Source: Retail Gazette) |
| • | Ocado have reported a 11.7% increase in revenue to £736.6m for the 26 weeks ending 03 June 2018. Group EBITDA decreased by 13.9% to £38.9m for the same period.
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| • | Swansway have reported a 40.0% increase in revenue to £779.9m for the 12 months ending 31 December 2017. EBITDA increased by 49.0% to £12.3m for the same period. (Source: AM Online) |
| • | TC Harrison have reported a 4.3% increase in turnover to £287.7m for the 12 months ending 31 December 2017. Pre-tax profits decreased by 7.9% to £2.8m for the same period. (Source: Motor Trader) |
Clothing, Footwear & Accessories:
• Asos have launched a wheelchair friendly jumpsuit. The online retailer started selling the jumpsuit in the first week of July 2018, which was designed in partnership with British Paralympian and BBC sports reporter Chloe Ball-Hopkins. (Source: Retail Gazette)
• Burrows & Hare and English Brands, the menswear retailers, have plans to open stores at the Mailbox, Birmingham’s premium shopping and lifestyle destination. Due to open in August 2018, the English Brands store will stock a range of handmade leather shoes and boots as well as fashion brands such as Sanders, Loake, Gaziano & Girling, Cheaney and John White. (Source: Retail Bulletin)
• Harvey Nichols have launched perfume concession with Sniph, the fragrance specialist, launched online in the UK in 2017, will be sold in Harvey Nichols’ Knightsbridge flagship until October 2018. (Source: Retail Week)
• H&M have announced a print collaboration with fabric designer GP & J Baker, a tie-up that will see archival prints incorporated into a womenswear collection, H&M x GP & J Baker. (Source: GlobalData)
• John Lewis have revealed their most significant investment in a fashion collection with the launch of an in-house range of 800 womenswear products. The collection forms part of the retailer’s bid to grow a £500.0m own-brand fashion business. (Source: Company Press Release)
• Mothercare have announced that they will close 60 stores by June 2019 instead of 50 previously announced. The mother and baby products retailer also announced that their Childrens World brand is being placed into administration after Company Voluntary Arrangement (CVA) proposals failed to receive the required support of shareholders. However, 13 of their 22 stores will transfer to other Mothercare group companies to enable them to remain open. (Source: Retail Bulletin)
• Net-a-Porter have announced plans to enter the childrenswear market with a pop-up store in partnership with luxury brand Gucci. The online retailer will launch the pop-up on 16 July 2018 for six-weeks, selling items for both boys and girls younger than 12. Gucci’s line includes babygros, dresses, playsuits and hoodies, with prices ranging between £100 and £2000. (Source: Retail Gazette)
• PrettyLittleThing, the online fashion retailer owned by Boohoo, have suspended their next day delivery service. (Source: Retail Gazette)
• Tiffany, a luxury jeweller have plans to open a flagship store in London’s Covent Garden. The shop on James Street will feature a new store concept for the brand. Designed in the Tiffany style, the store will aim to offer an innovative retail experience that encourages interaction. This will include a #MakeItTiffany personalisation bar and a fragrance ‘vending machine’. (Source: Retail Bulletin)
• Zalando have launched an exclusive collection with fashion designer Karl Lagerfeld. The range combines Lagerfeld’s trademark sophistication with a contemporary streetwear influence and includes both apparel and accessories. (Source: Retail Bulletin)
Electrical & Entertainment:
• Argos have announced that they have become the first UK retailer to launch augmented reality enabled LEGO models through an app. Launching on iOS, the new feature will give customers the opportunity to view full scale, animated 3D versions of some of the retailer’s best selling LEGO products. (Source: Retail Bulletin)
• Ebay have launched Image Search technology in the UK, allowing shoppers to search for items by entering a photo of their desired product. Shoppers using the online retail platform will now be able to scour the site’s 1.1 billion items by using their smartphone camera and Ebay’s artificial intelligence and machine learning technology. (Source: Retail Gazette)
• Halfords have announced the appointment of Loraine Woodhouse as their Chief Financial Officer with effect from 01 November 2018. Loraine succeeds Jonny Mason who leaves Halfords on 31 July 2018. (Source: Company Press Release)
• Jessops, high street photography retailer have launched a new photo website to help customers “get creative” with their photos. Using the brand’s strapline ‘Set your Photos Free’, the site has been designed to provide optimum functionality to enable customers to create a variety of personalised products. Included in the range is a collection of wall art products, latte mugs, photo blankets, phone cases and photo gifting products. (Source: Retail Bulletin)
• VanMoof, the Dutch designer bike brand, have chosen London’s Seven Dials for the opening of their first UK store. The 1,600 sq.ft. space has a large showroom as well as a workshop for VanMoof bike repairs. The store will also offer test rides around the Seven Dials area for the three exclusive models displayed in-store. (Source: Retail Bulletin)
Food & Drink:
• Holland and Barrett is to start selling Love Hemp Water, a CBD infused water. This follows a move which saw the chain become the first UK retailer to sell cannabidiol. (Source: GlobalData)
• Sainsbury’s have announced the appointment of Martin Scicluna as their new Non-executive Chairman with effect from 01 November 2018 and will assume the role of Chairman from March 2019. Martin will replace David Tyler who has stepped down from his position. (Source: Company Press Release)
• Sainsbury’s have also announced plans to roll out their Patisserie Valerie offerings to another 31 stores by the end of September 2018, taking it to 70 in total, after a successful trial. There are currently 39 bakery counters in Sainsbury’s stores offering Patisserie Valerie products to customers. All of these stores, along with another 12, offer click & collect on Patisserie Valerie products. (Source: Company Press Release)
• Tesco have announced that their Chief Executive Officer, Charles Wilson has stepped down from his position with immediate effect after being diagnosed with throat cancer. (Source: Company Press Release)
Household:
• B&Q have plans to splurge £100.0m in an investment drive that aims to lower overall shop prices and cut back on promotions and discounts. The DIY retailer’s new strategy has already seen them drop prices on 2000 items, with an average saving of 15.0%. There are plans to lower prices on additional products later in 2018. (Source: Retail Gazette)
• Poundworld have announced the closure of 25 of their 335 stores from 15 July 2018. (Source: Retail Gazette)
Courtesy of ‘Barclays‘
#WomenCrushWednesday #KenyaKinski-Jones
#shoeporn #Gucci
One of the best reads on England’s World Cup journey #footie #football #Worldcup @UNILAD
*WHY WAIT TILL WEDNESDAY? * 7 PRINCIPLES BEHIND ENGLAND’S SEMI-FINAL RUN #itscominghome
You may or might not have heard. England are through to a first soccer World Cup Semi-Final since Italia 90, and the nation has been slowly but surely energised in levels not seen since Euro 96..
The effect of this run has been tremendous for example, all event organisers and OR anyone who has anything in the diary for Wednesday is now faced with the bittersweet triple dilemma.
The question is Do I…
a. Cancel it.
b. Accept there will be a knock on and show the game at the event.
c. Hope it makes no difference.
You might ask why wait till Wednesday? Well, there is a Euphoria sweeping the nation with song, dance hugs, and celebration. Why? Because we won!
Expect a spike in babies between April and May 2019 and a boost to the economy when Q3 2019 results come out.
Why wait till Wednesday? Ethnicity and gender have not mattered and generosity has been present everywhere.
Why wait till Wednesday? People are smiling and actually saying hello to each other ( In London) and many things just do not matter…
Why wait till Wednesday? Sport has lessons for us to take on board, I suppose it’s’ how life unfolds just within a set period of time.
Why wait till Wednesday? Here are the 7 Principles behind England’s world cup run.
1. Team & Harmony
One particular highlight has been Gareth’s emphasis of ‘Team England’, this included staying behind at St George’s to prepare and making sure the team bonded.
He also left out characters that might have been disruptive to the harmony of the squad.
Everyone that has been called on has delivered and there have been no grumblings or leaks from the squad.
Thoughts & Questions: Am I a purifier or a poisoner in a team situation? Can I play the team game?
You can’t do this alone.
2. Redemption & Resilience
The picture of Gareth Southgate consoling the Columbian penalty taker shortly after leading England to a first World Cup shootout victory moved me.
When the world collapsed for him in 1996, I cannot imagine that a month has gone by in 22 YEARS where some reference has not been made to that penalty shoot-out miss.
This would have haunted him LONG after the Pizza Hut money ran out.
He also suffered the humiliation of relegation with Middlesbrough and an ignominious exit from a tournament as U21 boss. Furthermore, he got offered a part-time contract as England boss on a pittance of the salary the role commands.
Say what you may about Gareth he has always conducted himself with dignity, even with Big Sam on the sidelines continually going on about the great injustice.
His character and resilience have shown through.
Should we talk about Harry Kane or Jesse Lingard who were on loan at 8 Clubs before making a breakthrough, Or Jordan ” Too Short” Pickford, Or Kieran Trippier who was cut from Man City as a kid, worked his way up to warm the bench for Kyle Walker two seasons ago to a semi-final in the World Cup, or Raheem Sterling, vilified before the World Cup, who put in a shift today or Jordan Henderson “ The poor man’s Stevie G” doing what Stevie has never done. The list could go on.
Thoughts and Questions: Is it really over? Can I come back? What would happen if I persevere?
If you can bounce back and keep going, you can go further than you were and take others with you.
3. Reliability & Performance
Ultimately you have to perform. And the team have been doing just that. The players have trusted their manager and the manager has returned the favour.
They are being effective and when they are on the pitch, the get the results because they have performed.
Gareth has picked people who he can rely on and been clear on this from day one.
Thoughts and Questions: Can you be relied on? Can you perform when presented with the opportunity?
If people can rely on you and can perform when they need you too, you too can be part of a winning team.
4. Focused deep belief
Gareth has always believed in his system and backed his principles. This does not win you popularity contests but might just win you the world cup. He has had a quiet belief about the system he plays, the personnel he wanted and how he wanted the team to play.
He also transmits this to his players. He dropped big name players, Including England’s record goalscorer and has never deviated from his picks or bowed to pundits opinions.
He transmits this to the players.
Thoughts and Questions:
If you do not believe your ideas why should anyone else? Do you know what you want with enough clarity to know what you don’t want?
Conviction is contagious. Once convicted act with courage.
5. Sacrifice
Something has to give. Statistic show only 180 of 1.5 MILLION kids playing organised Youth football make it as Premier league pro that’s 0.012%.
Looking at the team, players like Kyle Walker have sacrificed their best position and comfort to play for the team, these players are also away for 6 -8 weeks after a long season to play for their country.
The goalkeepers all train each other and have to sacrifice ego for the good of the team.
Thoughts and questions: You might know what you want to get but are you prepared to give up what you need need to give up?
“It is amazing what you can accomplish if you do not care who gets the credit” Harry Truman
6. Humility
The key to this run has been the low profile and the proper respect given to the opposition, the media and players to each other.
Funny how in this tournament, the saying “Pride comes before a fall” has rung so true.
The Germans choked, the Brazilians did not do it either, Messi went missing, Ronaldo couldn’t save Portugal, Suarez did not soar, Neymar embarrassed himself, and the Spanish were caught sleeping.
Gareth has ( had) managed to keep a lid on the expectations and avoid the lofty and unjustified over inflation of England’s talents and ‘right’ to succeed and totally ignoring half a century of senior level underachievement.
Thoughts and Questions: Are you over inflating your prowess? Is your Ego running rampant?
Being humble is not weak. It’s being strong enough to know that you don’t have to boast and you are not better.. or worse than anyone else.
7. Preparation & Hard Work
A meticulous attention to detail has been a hallmark of this England set-up. From Gareth and his team reading a 16 Page dossier on Sweden way back in MAY, practicing penalties ( including the walk) since MARCH and even having the penalty takers on Jordan Pickford bottle.
The careful analysis of Set Pieces has meant that England are well on their way to have scored the most amount of Goals from Set pieces in the history of the World Cup.
This principle is to prepare for the predictable unpredictable..
You know in a 90 minute game. You will get corners, you will get a free kick, you will get throw-ins, and you might get a penalty. This is predictable.
However what is unpredictable is when you will get them, exactly what side of the pitch you will be on and what the set piece will be.
England have clearly done the work on the training pitch and it is reaping dividends.
Questions and thoughts: Are you doing the work required? Are you preparing for the predictable unpredictables in business and in life?
Perfect preparation propels peak performance.
Why wait till Wednesday? Implement these things today. See how things shift over the next 7 days.
P.s You do not have to wait for England to win to be charitable to your neighbour, be friendly or caring. Don’t wait till Wednesday. Start today.
Courtesy of Aaron Yahaya
Monday 9th July is a good day. Not because there are just two more sleeps before we see if England can overcome Croatia and reach the WORLD CUP FINAL but rather because Tempting Failure returns, bringing together over 70 artists for a series of creative performances, events, talks and more. For two weeks a multitude of venues across Croydon, South London’s cultural hot spot will showcase disruptive noise and creativity from both UK and International artists:
“Tempting Failure is one of the most significant artist led projects in the UK – an initiative that is committed to risk and innovation in performance and that engages with audiences who are curious about the possibilities of contemporary art. ” — Lois Keidan, Director of the Live Art Development Agency
For festival passes and full details of the Tempting Failure programme, please click here.
Courtesy of ‘The Thinker‘
#MenCrushMonday #HarryKane
