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What’s happening in retail & with brands – trends for week ending 27th July 2012

July 30, 2012

Company Results

Caffyns have reported an 8.5% increase in like-for-like sales for their New Car unit for the first quarter to 30 June 2012. Used car sales declined by 8.2% for the same period. (Source: AM Online)
Carpetright have reported a 2.1% decrease in total UK sales for the 12 weeks to 21 July 2012. Like-for-like sales increased by 1.7% for the same period.
Findel have reported an 8% increase for the 16 weeks to 25 July 2012. (Source Retail Gazette)
Hobbycraft have reported a 12% increase in sales for the 52 weeks to 19 February 2012. EBITDA increased by 9% to £15.6m for the same period. (Source: Retail Bulletin)
John Lewis have reported an 11.2% increase in sales (including VAT) for the week to 21 July 2012. Fashion, Electricals & Home Technology and Home sales increased by 7.6%, 32.5% and 0.9% respectively. Sales at johnlewis.com increased by 38.9%.
Robinson Webster Holdings have reported a 3.7% increase in Group sales to £84m for the year to 01 October 2011. (Source: Drapers)
Waitrose have reported an 8.7% increase in sales (including petrol) for the week to 21 July 2012.
Wickes have reported a 14.5% increase in sales to £587.5m for the six months to 30 June 2012. Like-for-like sales declined by 8.8% for the same period.

Non-fashion continued to outperform thanks to a number of incredibly strong results across luxury. Elsewhere demand was considerably less buoyant with sales lower in most categories. Although fashion turned negative again this week as retailers started bringing heavy discounting schemes to a close, a like-for-like of -1.52% represents one of the strongest performances in recent weeks. Discount fashion retailers saw the strongest rises in sales. Homewares saw the sharpest decline in a month this week (-13.55%) as the weather continued to delay consumers’ plans for making home improvements. Non-store enjoyed a boost this week from increased internet sales as consumers stayed at home with the continued poor weather conditions.

Clothing, Footwear & Accessories

American Apparel have launched three new merchant stores on the Amazon Marketplace in the UK, Germany and Japan. (Source: Fashion United)

– It is reported that Arcadia Group have plans to increase their international presence within the next three years with the opening of their first outlet in Germany in partnership with department store group, Karstadt. (Source: Fashion United)

– It has been reported that Christian Louboutin has plans to open his first men’s boutique in London this Autumn. (Source: Retail Bulletin)

Jimmy Choo have appointed Pierre Denis as their new Chief Executive. (Source: Retail Bulletin)
– It has been reported that M&S have opened their first store in Almaty, Kazakhastan, in a franchise agreement with Al Hokair. (Source: The Telegraph)
Primark have agreed terms to open a 90,000sqft flagship store at thecentre:MK in Milton Keynes.
– It is reported that Rag & Bone, a premium womenswear brand, have opened their first UK and European flagship store in London’s Sloane Square. (Source: Drapers)
– It is reported that Superdry have plans to launch their own cosmetics range in time for Christmas. The company are also considering their own watch range and have collaborated with Timothy Everest to offer their first formal menswear collection for Spring-Summer 2013, which will be followed by a similar womenswear range. (Source: Fashion Mag)
SuperTrash, the Dutch fashion label, have announced plans to open their first store in London’s South Molton Street later this year.

Victoria’s Secret have opened their first UK store in the Westfield Stratford City shopping centre. (Source: Vogue)

Electrical & Entertainment

Amazon have announced plans to open a new creative centre in London. The centre will focus on developing the next generation of TV, game consoles, smartphones and PCs. (Source: Retail Bulletin)
– It is reported that EBay have partnered with the British Fashion Council to sponsor their ‘Fashion Forward Initiative’, which supports emerging British designers. (Source: Marketing Magazine)

Xtra-vision have plans to launch a digital delivery service during 2012, following the launch of their movies by mail service in 2011. (Source: Retail Week)

Food & Drink

Spar UK have announced the appointment of Ian Taylor as their new Head of Retail, effective 13 August 2012. (Source: Just Food)

99p Stores have announced plans to roll out frozen food, fresh fruit and vegetables as part of their growth plans and transforming them into a ‘one-stop shop’ for groceries. (Source: Retail Week)
– It is reported that Morrison’s have collaborated with Bibby Distribution to manage their five regional depots and to improve supply chain efficiency. (Source: Retail Week)

Household

Argos have launched their Autumn 2012 range and new catalogue advertising products from ‘Habitat’ for the first time. (Source: Retail Week)
Heston Blumenthal has partnered with Vision Express to create his own exclusive range of signature glasses and eyewear. (Source: Retail Bulletin)
Hobbycraft have announced plans to relaunch their website and introduce a mobile transactional site later this year. The company also plan to launch a click-and-collect service in 2013. (Source: Internet Retailing)

Courtesy of ‘The Thinker

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