Latest / The Retail Podcast / From Influencers to Community Creators: Prada, Morrisons, Walmart, and Ted Baker’s Big Retail Moves | Five Things Friday
Transcript
- 0:00It's Friday. Welcome to Five things Friday
- 0:03with myself and the wonderful Simone Orleman.
- 0:19Hello, Simone, How are you? I'm clapping first.
- 0:24I was just having a little boogie to the music.
- 0:27It's just impossible not to dance to it.
- 0:30I think I told you it's a guy in LA who today I was to celebrate
- 0:34getting 90,000 views on YouTube. I went back to find this track
- 0:39that he made and I didn't realise he's put all of these
- 0:41like America. Welcome to the retail podcast
- 0:44Voice Overs, which I was like crack me up.
- 0:46But anyway, as always be respectful to the listeners but
- 0:50the wonderful news to share with you.
- 0:52If you've seen LinkedIn, you already know, but a 90,000 views
- 0:55and my ambition is to build the community to share the love to
- 0:59100,000 views, which is more than Wembley Stadium by
- 1:03Christmas. So if you're listening to this,
- 1:06just gear it with a loved one. I'm sure your mum wants to know
- 1:09what's going on or your dad what's going on in retail.
- 1:12Just hear that share button, send it to your family and let's
- 1:15get to 100,000 views. But anyway, on that bombshell,
- 1:18we're going to start with you with a personal problem or
- 1:22something that you've been speaking about.
- 1:24About influencers and there has really been question about my
- 1:27experience with influencers and now it's just very honest.
- 1:31I said, you know, there's been times, quite a few times where
- 1:35we've maybe been working with an influencer.
- 1:38She has a million followers or 2 million.
- 1:40I've got very excited. I'm like, Oh my God, we're going
- 1:43to have so many sales off this following increase is going to
- 1:47shoot off. And it's been an anti climate
- 1:50and we've literally gained like 2 followers and no conversions.
- 1:53And I've been like wow. But then the good experiences
- 1:57that I've had with I'm going to do quotations here.
- 2:00Influencers tends to be the real people.
- 2:05It might be AI mean somebody in particular.
- 2:09She's founded a mum's community. She's not necessarily an
- 2:13influencer, but her following is so engaged and her content is so
- 2:18real. And I think it's about really
- 2:21trying to find as work for us personally at NIFT is really
- 2:26trying to find those relatable real people who really community
- 2:31LED. This reminded me of this because
- 2:34I saw a post that came across this week on the business of
- 2:38fashion and it just reminded me of it as it said about how
- 2:41college athletes university, because it's America, the most
- 2:46influential voices on campus. We're now seeing brands go
- 2:51really hard into this kind of college campuses, not just
- 2:55through like traditional discounts for for students, but
- 2:58through real on campus activations, dorm makeovers,
- 3:04concerts, exclusive pop ups. Hollister did this recently.
- 3:09They just launched a multi year partnership with the University
- 3:12of Texas. They're sponsoring home games
- 3:15and they're working directly with student athletes as well.
- 3:18And I just think what's interesting is that students
- 3:22aren't just the audience anymore, you know, they're
- 3:25turning them into the creators and they're producing content
- 3:28that's clearly highly trusted by their peers.
- 3:31And that gets way more engagement than just a polished
- 3:35ad campaign that they probably would have spent hundreds of
- 3:37thousands on. And yeah, I just think Brown are
- 3:40tapping into that are really smart.
- 3:41I really do. And I think this whole movement
- 3:44is I just think it says something deeper.
- 3:48It it really kind of signals that the next wave of retail
- 3:52influence isn't just about celebrities or full time
- 3:55influencers. It's about community first
- 3:57creators and peoples who whose voices relatable and real.
- 4:03Yeah, actually it's like there is a niche and it's called
- 4:06fashion, but then there's a sub niche called, I don't know,
- 4:09working mums who still want to be fabulously fashionable or
- 4:13what doesn't it look like? And, and 100% I, I that's a,
- 4:16that's a, a big thing. And it's interesting how that
- 4:19comes to life, not only for you, but for the major brands out
- 4:22there, right. And then how do they find it?
- 4:25I think that's the other thing. OK, cool, fantastic.
- 4:28So moving on to me and I'm going to do we all together, starting
- 4:34with the product. So just just quickly, UK
- 4:38commentary and we're staying away from this.
- 4:41Everything, all of the metrics really down, really negative
- 4:46spends down, footfalls down. It's just we're going to stay,
- 4:50we're going to stay positive and we're going to keep going.
- 4:53And you know, this week you can see that the UK, maybe London,
- 4:57but the retail stories are on 2 stages, the gallery, the grocery
- 5:01and the aisle and the digital shop front, each quietly
- 5:06rewriting how you and I buy and what that looks like.
- 5:11And the interesting thing. And what you're looking at here
- 5:14is London for a cinema, for Prada.
- 5:18And so the Prada mode at Town Hall in King's Cross is for two
- 5:22days it's running as a private members club before opening to
- 5:26the public. And it's a centrepiece called
- 5:29The Audience by Elm Green and Dragset.
- 5:32It's an intentionally blurred film or a perpetual loop.
- 5:36A painter and a writer talking in a flat screen inside a
- 5:40purpose built cinema where five seats are taken up by hyper reel
- 5:44sculpture sculptures of viewers frozen in mid attention.
- 5:48Nearby, the conversation shows a lone woman at a CAF table face
- 5:53Facetiming one of the film's characters.
- 5:55It's part installation, part hall of mirrors, and we're
- 5:59watching the work or watching ourselves watch the work.
- 6:03You know, they've got everything from screening performances and
- 6:06DJ sets to build out the film. The theme of spectatorship,
- 6:10which was another wonderful thing that I heard, that you got
- 6:14to take your customers away from being just consumers to being an
- 6:19audience. So if they're an audience, how
- 6:21are you going to interact with them?
- 6:23What does that look like as an audience?
- 6:25And so that goes back into the hospitality mindset in retail.
- 6:29And you know, obviously this is their experimental element of
- 6:33that, which is bringing us off endless elements of feeds into
- 6:37what that culture. And as I was just saying,
- 6:39hospitality and ideas and ultimately it's father staging a
- 6:44temporary institution to win time, not transactions, which I
- 6:49think gentle months that there's loads of like global brands that
- 6:52are doing a phenomenal job. And it's nice and interesting to
- 6:54see that part is in there. And it's open now, as I think as
- 6:58you can see next moving on, we have Morrison's, Prada,
- 7:02Morrison's in the same thing, but it's the same tempo.
- 7:07Morrison's is now going to one hour delivery called Morrisons.
- 7:11Now you know, it's for all of those elements that you know
- 7:14you've forgotten the coriander you need to get the surprise
- 7:16guest, late night cravings. Whatever the element is, it's
- 7:20live in 158 stores targeting expansion to 420 by the end of
- 7:26October. And and it is really simple
- 7:28thing that they're doing, you know, 30 items, 50P minute
- 7:32observe 15 lbs minimum fee of 4.5.
- 7:36I was going to say yours 4.5 lbs and you get everything that you
- 7:41are used to seeing real time tracking fulfilment by career
- 7:45bike or car and it plugs directly into the Morrisons
- 7:49account so all of your favourites are saved then you
- 7:51can just if you if you're lacking something I can imagine
- 7:54parents who and that midnight dash for something or party go
- 7:58as I get it goes across the whole things.
- 8:00It basically puts pressure on rapid grocery and you know, I
- 8:05interviewed a couple of Globo and delivery.
- 8:08Thank you very much Globo and delivery.
- 8:11So this is a a gross or sort of trying to again take control of
- 8:15its own delivery and experience with the customers.
- 8:19So why interesting to see and if Prada if like is selling time to
- 8:24linger. Morrisons is trying to sort of
- 8:27take that and give you back more time to spend on whatever you
- 8:30want staying with tech. And I actually came across this
- 8:34story because I was covering Walmart's new platform.
- 8:38That's basically, not only is it on ChatGPT now, but they have
- 8:42this whole new experience that's enabled by is it?
- 8:46How do? You say?
- 8:48Miracle. OK, I think they're a French
- 8:50company and they're doing phenomenally well.
- 8:52But this lends itself wonderfully to what Simone and I
- 8:55have been talking about over time, about how John Lewis wants
- 8:59to be a House of brands. Russell and Bromley have joined
- 9:02these brands. I know Russell and Bromley.
- 9:04I may not know Vera, but I know Russell and Bromley by a curated
- 9:11supplier model to gain has been bought to bought to like per
- 9:13miracle, which ultimately means all of these high end brands
- 9:18have a a better experience online and your premium choice
- 9:23and premium shoppers. And I don't for me, it's
- 9:27interesting to watch whether or not John Lewis can make this
- 9:30shift from like the everyday, like the universal to going up
- 9:35that next level. So it's one to watch.
- 9:38It's going to be across 20 stores.
- 9:40And they're also doing a rapid delivery with Uber Eats for the
- 9:44marketplace and a collaboration is coming with Labrum against
- 9:49expanding this House of brands. Finishing with you, Simone.
- 9:55Yes, finishing on a positive and one thing I guess I didn't see
- 10:02coming is that Tebeka have just revealed its first ever
- 10:07activewear collection, which they're going to be rolling out
- 10:10across autumn. It covers everything from yoga
- 10:14and tennis to gym training and it's both for men and for women.
- 10:20I was very intrigued about the the price point.
- 10:22It seems to be ranging from 35 lbs and then that top end is
- 10:27real. Real top end is at £250.
- 10:30I thought it's quite a shift for the brand.
- 10:32I also think of smart moves as well.
- 10:34Obviously they've been traditionally known for occasion
- 10:36wear and tailoring and that sort of British polished vibe, but
- 10:44activewear I think is where the customer is and it shows that
- 10:48they're trying to I guess reposition themselves.
- 10:51So people, for how people are actually dressed now, you know,
- 10:54it's a bit more hybrid and relaxed and a lot more.
- 10:58We've chatted about this before. It gets a bit more like health
- 11:00conscious. They are going to be returning
- 11:05to the High Street as well. I know it's been 2 years since
- 11:09they've shot all of it stores after after the collapse of them
- 11:13but they are going to be opening a new store in early 2026 so it
- 11:17feels like a soft re entry and with activewear.
- 11:20I'm curious, are you seeing that from in terms of what you're,
- 11:24because obviously you work with a lot of retailers, is that a
- 11:27trend? Are we like are we right?
- 11:28Are people coming away from at pleasure and coming to more
- 11:32purposeful community like activities as opposed to just
- 11:36I'm going to be loungewear? I think we have seen that shift,
- 11:40but then result we've also seen the shift of the activewear
- 11:44brands like branching out like Tarla, for example.
- 11:49So I mean, I know, I don't know whether it's since COVID, but I
- 11:54do feel like people less and less buying like going out where
- 12:03and party where and, and really I think looking for pieces that
- 12:09are more versatile that maybe they can wear from desk to
- 12:14dinner or desk to pub. I think you've really seen that
- 12:17shift. So I think naturally we we have
- 12:21just seen a bit of a decline in occasion wear and more party
- 12:25where obviously people do still buy it, but I think I myself
- 12:29don't buy it as much. I dress more casually now and
- 12:32again, I'm I'm more more and more bothered about quality
- 12:36pieces and, and really making sure that something's versatile,
- 12:40not just something I'm going to wear one off to a party.
- 12:43And I think that plays a really big role in it as well.
- 12:45Yeah, the circularity of it. OK.
- 12:47Well, Simone, thank you so much. Until next week, have a lovely
- 12:51week.