Skip to content

#retailweek #retailtrends #retailnews #Retail & #Brand trends for w/e 15th February 2019 #marketingweek

February 18, 2019

Company Results:

  • Dunelm have reported an 1.2% increase in total revenue to £551.8m for the 26 weeks ending 29 December 2018. Like-for-like revenue increased by 6.9% to £506.7m for the same period.
  • New Look have reported a 5.0% decrease in total revenue to £1,016.1m for the 39 weeks ending 22 December 2018. Like-for-like brand revenue decreased by 2.3% for the same period.

new-lookjpg

  • Sports Direct have reported a 4.5% increase in total revenue to £1,791.8m for the 26 weeks ending 28 October 2018. Underlying EBITDA increased by 15.5% to £180.3m for the same period.
  • Stoneacre Motor Group have reported a 9.0% increase in revenue to £786.3 for the year ending 28 April 2018. Profit before tax increased by 34.0% for the same period. (Source: AM Online)

 

Clothing, Footwear & Accessories:

  • House of Fraser’s Belfast store have announced that a new deal with landlords was agreed, securing the employment of 500 staff members who work there. The new deal with landlords Commerz Real will have an area of 120,000 sq.ft. (Source: BBC News)

House-of-Fraser-2JPG

  • M&S have announced the hiring of 450 permanent staff for full and part time roles at their new national distribution centre in Welham Green, Hertfordshire. The company is working with DHL and they have hired 150 roles to deliver clothing & home products to 98 sites in the South East. (Source: The Independent)
  • Treds, footwear and fashion retailer, has been acquired by New Gray following its collapse in January. The acquisition saves 21 stores and 160 jobs that were at risk of redundancy. (Source: Retail Gazette)

2957166_636138361905758750-1

  • The Fragrance Shop have announced the launch of over 15 Sniff Bars. Sniff Bars are stand-alone perfume bars, which allow consumers to chat with a consultant rather than having to email them. (Source: Retail Gazette)
  • Victoria Beckham has pledged to ban the use of exotic skins in their designs. The ban will be effective from autumn this year. (Source: The Independent)

 

Electrical & Entertainment:

  • Toys R Us have announced their new parent company as Tru Kids. The company is led by Toys R Us, veteran Richard Barry and headquartered in New Jersey. (Source: Retail Gazette)

toys-r-us

 

Food & Drink:

  • Aldi have announced the removal of selling 5p plastic bags from all of their stores across the UK. The company aims to reduce 80 million bags per year by proposing this ban. (Source: The Grocer)
  • Co-op have announced the launch of franchise stores in 2019 for the first time ever. The stores will offer customers the same access to the Co-op’s membership scheme which provides a 5% reward on any purchase of own-brand lines. (Source: Retail Week)

coop-logo

 

Household:

  • Dreams have become the official sleep partner for Team GB. The partnership was launched with a visit by double Olympic gold medal winning rowers Helen Glover and Alex Gregory to the Dreams headquarters. (Source: Retail Week)
  • Joe Browns, clothing retailer, has entered the furniture and homewares market by launching a collection with N Brown’s JD Williams and Fashion World websites. The 49-piece collection will include bedroom and living room furniture, artwork, wallpapers, bedding, soft furnishings and accessories. (Source: Retail Week)

Joe-Browns_Meadowhall_fashion_shopfront_supplied-696x464

 

Courtesy of ‘Barclays

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: