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#retailweek #retailtrends #retailnews #Retail & #Brand trends for w/e 4th January 2019 #marketingweek

January 7, 2019

Company Results:

Dobbies have reported a 21.0% increase in turnover to £24.1m for the six weeks ending 30 December 2018. Like-for-like sales increased by 8.0% for the same period (Source: GlobalData)
Next have reported a 1.5% increase in full price sales for the two months ending 29 December 2018. Retail sales decreased by 9.2%, while online sales increased by 15.2% during the same period.

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The White Company have reported a 4.0% increase in group sales to £206.5m for the 53 weeks ending 31 March 2018, with operating profit decreasing by 31.8% to £11.8m. UK online sales increased by 4.1% to £43.4m within the same period. (Source: GlobalData)

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Clothing, Footwear & Accessories:

AllSaints, the fashion retailer, have appointed Catherine Scorey Jobling as their Chief Operations Officer with immediate effect. Scorey Jobling will take on the role after former Chief Operations Officer Peter Wood was promoted to Chief Executive Officer in September 2018. (Source: Drapers)

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Burberry have unveiled their Chinese New Year campaign, celebrating family traditions and togetherness during the festive period. The campaign comes as the heritage British retailer continues to reap the benefits of a growing luxury market in China. (Source: Company Press Release)

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Greenwoods, the Yorkshire based menswear retailer, has entered into liquidation less than eighteen months after being rescued from administration. (Source: Retail Gazette)

House of Fraser have announced that their store in Hull has been saved from closure after new terms were agreed between the landlord, local council and the department store’s new owner Sports Direct. (Source: Retail Gazette)

Mahabis, the premium slipper brand, have entered into administration. The company is known for their slippers with colourful detachable soles that enables the footwear to be worn both inside the home and out. (Source: Retail Bulletin)

Moss Bros have announced the appointment of Gareth Jones as their Non-Executive Director with effect from January 2019. (Source: Drapers)

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Electrical & Entertainment:

HMV, the entertainment retailer, have called in administrators following weak Christmas sales caused by a significant deterioration in the DVD market. The move has put 2,200 jobs at risk. HMV also went into administration six years ago before it was bought by current owner Hilco Capital for £50.0m. (Source: Retail Bulletin)

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Home Bargains, the discount retailer, have introduced a “Quiet Hour” in their stores to help create easier shopping experience for their shoppers living with autism. The initiative, which is being carried out in conjunction with British charity ‘National Autistic Society’, aims to stop all music played in Home Bargains stores each Saturday between 9am-10am. (Source: Retail Gazette)

 

Food & Drink:

Marks & Spencer have launched a new range of vegan-friendly food products as they look to meet demand from customers taking a “flexitarian” approach to eating. The range also features the high street’s first vegan coleslaw and potato salad, as well as the first vegan-friendly sourdough pizza, which uses a “vegan house sauce” in two flavours. (Source: Retail Bulletin)

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The Co-op have announced plans to open 100 new food stores in 2019 in a concerted push to grow their convenience offering. The grocery retailer will also renovate 200 existing stores. Approximately one-third of the 100 new stores will be located in London and the South East. (Source: Retail Gazette)

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Household:

Made.com, the furniture retailer, have announced plans to operate separate supply chains once the UK officially exits the EU. The online retailer will continue to operate from their headquarters in the UK following Brexit, but will increase staff load in Paris, which will be their European hub. (Source: Retail Gazette)

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Courtesy of ‘Barclays

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