KRIZH - RETAIL Architect & Designer KRIZH - RETAIL Architect & Designer

Retail News Flash vom 8.6.23

News aus dem Handel sachkundig kommentiert

„Takko Fashion reports record sales and strong adjusted EBITDA growth for financial year 2022/2023.
Solid sales and profit growth compared to prior year and pre-pandemic levels. Adjusted net sales up 17% year-on-year to €1,223 million – fourth quarter saw particularly strong growth, up 21%
Highest annual sales in the history of Takko Fashion. Several important projects in the 2022/2023 financial year contributed to this success, including the digital Takko Fashion customer loyalty programme „“Takko Friends““ introduced at the beginning of 2022, promotions around Takko Fashion’s 40th anniversary and the successful relaunch of the online shop.
In April 2023, Takko Fashion announced that the company had reached an amicable agreement with its shareholder, banks and bondholders on a new improved capital structure. Following the successful implementation of the agreement, this will reduce the company’s liabilities by more than 250 million euros and extend the credit terms by a further three years until 2026. Takko Fashion is thus ideally positioned to continue successfully implementing its three-pillar growth strategy. This focuses on expansion in the European core markets, increasing sales in existing shops and the continued successful linking of online and bricks-and-mortar business.
Adjusted EBITDA of €156 million and a margin of 13% represent 26% year-on-year growth
Solid available liquidity of 82 million euros at pre-pandemic levels
New improved capital structure through consensual agreement between banks, bondholders and shareholder leads to significant reduction in debt, strengthened financing structure and extended debt maturities until 2026 when implemented“
„Three months ago, the US retail group Macy’s reported that it had exceeded its own profit forecast in the fourth quarter of the 2022/23 financial year. The current results therefore ensured that the share price immediately rose by more than ten percent.
The figures for the full financial year, which ended on 29 January, were mixed, as expected, given the difficult operating environment. The parent company of the retailers Macy’s, Bloomingdales and Bluemercury achieved a turnover of 24.4 billion US dollars (23.1 billion euros) and thus only just missed the level of the previous year (-0.1 percent).
However, higher price discounts and cost increases led to a significant drop in profits. Operating profit fell by 26 per cent to 1.73 billion euros. Now 3 months later, the group has recovered its results
In the first quarter, turnover was 7.0 per cent below the level of the same quarter last year.
The company had anticipated economic pressures from consumers, but from late March onwards demand trends continued to deteriorate““, CEO Jeff Gennette admitted. As a result, the retailer decided to offer higher discounts in the second quarter to boost sales of surplus spring merchandise.“
Why are we reporting on this? Because another American group also reported a drop in sales for the first quarter. GAP: In the 13 weeks to 29 April, group sales totalled $3.23 billion (3.05 billion euros), down six per cent on the same quarter last year. According to the company, in addition to adverse economic conditions, the January sale of the Gap brand’s China business and the discontinuation of the Yeezy Gap line contributed to the decline.“

Lululemon Athletica Inc to smash results as weahlty customer base keeps buying the price athleisure wear. Shares have risen by 13%.

„““3rd May 2023, from Paris to the world —

Lacoste kicks off its 90th anniversary.
90 years of the iconic Crocodile. 90 years defining
French fashion sport. 90 years of movement
born on the court, growing from sport to street“““
„““The Düsseldorf textile retail chain Peek & Cloppenburg opened a „“Conscious Fashion Store““ at Potsdamer Platz in Berlin on 19 May. This is to offer customers a wide selection of brands „“that take their ecological responsibility particularly seriously““, the company itself explains on its website.As Fashion Network reports, the shop will cover 3,000 square metres of sales space and also include conventional brands.
Four seamstresses will be working in the basement, where customers can have repairs and alterations made. Upcycling workshops and events on eco-fashion and sustainability are also planned. Vintage clothing will be available for purchase on site from a partner company.“
englische kurzform
Now open in Doha: Louis Vuitton Lounge by Yannick Alléno. Under the direction of the French chef, this unique restaurant and lounge offers an unforgettable culinary experience in a lush tropical oasis for international travellers, open 24/7 at Hamad International Airport.
„The summer season is starting and with it pop ups in the most beautiful places in the world and increasingly in China!
Lacoste in Ibiza, Dior in St. Tropez, Hermes Monde d’Hermes in Haikou, Missoni Beijing, Gucci and Balmain x Evian in Chendu, Golden Goose and also Burberry in Shanghai, Louis Vuitton Huangcuo Beach .“
This year, Aldi and Lidl are once again setting up temporary pop-up shops at music festivals. Lidl is already active this weekend at Rock am Ring and Rock im Park, where it will operate „Rock Stores“ with over 1,500 square metres of sales space and up to 19 cash desks. The assortment consists of over 400 products at the regular Lidl price, and a Lidl retro fashion collection will also be presented on site. Aldi Nord, on the other hand, is represented at the Deichbrand Festival near Cuxhaven in July with an XXL shop of 2,100 square metres.
At the end of May 2023, C&A reopened a completely renovated store in Leidschendam, the Netherlands, covering three floors and 2350 square metres. This „learning laboratory“ is intended to help C&A understand what an ideal shopping experience looks like from the customer’s point of view. In the future, the fashion retailer wants to incorporate the insights gained from customers and employees into a new approach to the customer journey and address all the senses. This will be achieved through the use of light, images, videos, materials for furniture and natural props, as well as an acoustic ambience and scents at key contact points.
Lascana to open its first fashion store on Colognes Highstreet with a GLA of around 500m2. The fashion items have proven very successful online, which is why the brand wants to bring these products to their retail shops as well now and offer their clients the full experience.

„Hugo Boss has opened a Digital Campus in Gondomar, Portugal, together with Metyis, a consulting firm that provides solutions for big data, digital commerce, marketing and design.
Part of this business hub, in which more than 15 million euros have been invested, is also the new Hugo Boss Digital Campus. The new location of the Metzingen-based fashion group focuses on the areas of e-commerce, advanced business analytics as well as technology and data. Hugo Boss‘ Digital Campus – a joint venture between Metyis and Hugo Boss – will create 250 new jobs. In total, there are 1000 new jobs through the Metyis Campus.“
englische Kurzform
Parsons School of Design and Roblox have partnered to create the first-ever digital fashion design course to prepare the next generation of fashion designers for a future in which digital fashion will play an important role. For the Parsons students on the course, the other reality is that Roblox is not primarily a gaming platform. It is a potential way to make money from their work and a place where jobs could develop in the future.

Jean Paul Gaultier will be the star guest of the German casting show „Germany’s next top model“ hosted by Heidi Klum.

True Fruits is considered the „middle finger in the chiller cabinet“ because of its advertising slogans. Now the smoothie producer wants to use „less pipi-cocoa humour“, promises founder Nicolas Lecloux. With its provocative advertising slogans, True Fruits is something like the enfant terrible among supermarket brands, the „middle finger in the chiller cabinet“ was once the headline of the Lebensmittel-Zeitung. The smoothie manufacturer liked to advertise with allusions to sex or with political incorrectness. A smoothie in a dark bottle, for example, was called „Quota Black“ by True Fruits, and a smoothie with chia seeds was advertised by the brand with the slogan: „Oral consumption – you can’t ejaculate faster.Now, however, the brand wants to strike a softer note. In the future, there will be „a little less pipi-cocoa humour than maybe five or six years ago“, says founder and CEO Nicolas Lecloux, „Well, we’re getting older, too.“ „There are things that I don’t think we would do today,“ says Nicolas Lecloux today. True Fruits has also „painfully understood“ one lesson: „The context in which you post or write something is gone three or four months later, it’s gone. What might have been funny in the current discussion about the women’s quota can „six months later seem like you’re a stupid sexist.“ The climate has changed since the company’s beginnings, he says, and is more tense. „You just have to be a little more careful now.
The Swedish fashion retailer Bootz has blocked 42,000 customers. The reason: they returned too many products. Many customers repeatedly take advantage of the high service level of free shipping and returns at the expense of our business, other customers and the environment. These words come from the spokesperson for online fashion retailer Bootz.
The company has responded by blocking access to 42,000 customers. That would represent less than two percent of the total customer base. All in all, the e-commerce sector is trying to curb the number of returns – because they are becoming more and more. The volume is also a problem in Germany, where customers returned around 1.3 billion items in 2021. That’s 41 products per second. The fashion sector is particularly affected by this: 91 per cent of the items fell into this category. In order to reduce the immense costs for people and the environment, some retail companies are now taking a different approach: returns will cost money again.