Published on : Friday, September 28, 2018
Steady buyer and designer attendance and strong order-writing set a positive tone at the largest-ever Winter 2017 Las Vegas Market, which ran January 22 to 26, 2017. Overall attendance surpassed last Winter’s all-time high, with 13% gains in gift buyer attendance and 3% gains in interior designers.
Visitor traffic also increased in categories of strategic growth and from key U.S. regions – Midwest (6%), Southeast (9%) and Northeast (14%). On the resource side, total brands and lines represented topped 4,000 for the first time ever, solidifying Las Vegas Market’s position as the nation’s fastest growing gift market and the leading home furnishings destination in the western United States.
Buyer representation spanned both the United States and the globe, with buyers from 50 states and some 80 countries attending Winter Market. Within the U.S., the highest attendance hailed from California, Nevada, Texas, Arizona and Washington. In line with the Market’s recent strategic efforts to build housewares, seasonal and casual/outdoor resources, commensurate attendance increases also were recorded in those categories: housewares up 11%; seasonal up 11%, gourmet up 8% and casual/outdoor up 6%.
The Winter 2017 Las Vegas Market boasted a record total of 4,003 exhibitor resources, with a total of 170,000-square-feet of new and expanded showroom space debuting in January. Notable showroom additions were returns to market by Arteriors and RAZ Imports; expansions and relocations by Abbyson, Anne McGilvray, CDI International, Feizy, Fine Lines and Keena; and Market debuts by newcomers including Sales Producers and Destination Gifts. In total, the Market showcased more than 5 million square feet of product resources across 40 showroom floors and in 600 temporary exhibits.
The furniture category presented the largest breadth and depth of resources this winter, including more than 115,000-square-feet of renewed showroom space and 55,000 square feet of new and expanded showrooms in Buildings A & B. Highlights included a significant expansion of the Building B lobby, to showcase new spaces for Abbyson Living and CDI Furniture; line expansions by major bedding brands that complement the 60+ mattress & bedding companies featured at market; and increasing numbers of casual furniture suppliers, including many new-to-Market firms, such as leading brands Winston Furniture and Noble House.
Home décor continues to be a growth category, particularly in the better home fashions segment, and Winter 2017 marked a complete remerchandising of the design-driven décor on floors C3, C4 and C5. Gift was one of the fastest growing categories this winter, with 37 new and expanded showrooms bringing an additional 250+ lines to Las Vegas Market.
Winter Market also featured a tremendous surge in temporary exhibits, with more than 500 gift and home lines located in The Pavilions, including 180 first-time participants. Pavilion 1 spotlighted resources in five distinct sections–GIFT, HOME, B HOME, HANDMADE and DESIGN—with the GIFT and HANDMADE segments completely sold out. Pavilion 2 featured DISCOVERIES: The Antique Vintage Marketplace, which grew by more than 50% this market. Other sold-out exhibits included: home furnishings temporaries on B2, at full capacity for the eighth consecutive Market; and casual and outdoor on C12 and C13.