Published on : Saturday, September 5, 2020
Adaptations to the Summer 2020 Las Vegas Market later summer dates with a showroom-only format and virtual events – proved successful as exhibitors reported strong buying at market, running Aug. 30 – Sept. 3, 2020. The market presented 1,300+ resources to predominately regional buyers sourcing new products for design projects, replenishing needed merchandise and preparing for vital fourth quarter selling reports International Market Centers (IMC).
“Although Las Vegas Market was unlike any we’ve ever experienced, we were able to manage and meet buyer and supplier expectations,” said Bob Maricich, IMC CEO. “From arrival to exit, we delivered a safe and business-focused buying opportunity that best supported market needs during this uncertain time.”
In line with pre-market predictions, IMC reported that 20% of the usual summer market buyer attendance was represented, with designers making up a notable 28% of marketgoers. Las Vegas Market attendees were predominantly regional with 77% coming from the Western United States. In total, Las Vegas drew attendance from 44 U.S. states with California, Nevada, Utah, Arizona and Texas rounding out the top five.
Buyers largely reported a safe and well-organized market experience.
“It’s just extremely efficient and focused so I’m able to get a lot more accomplished in a shorter amount of time,” said Cindy Levine of Intrigue, Design by Cindy LLC in Park City, Utah. “I’m actually buying more than I ever have and it’s the busiest I’ve ever been.”
“We’re sourcing items for a project we’re doing and upping our inventory for our online store. We’ve met awesome vendors and made some great relationships. Overall, I feel like it’s safe,” said Freddy Godinez and Alexander Stabler of Fredric Alexander in Las Vegas.
“I fully intended to be here to purchase because we need products,” explained Ginger Stroup of Patio Paradise in San Bernardino, California. “We knew it was time to come, see what’s here and get things moving because lead times are a little slower across the board. Our season on the West Coast is starting and Las Vegas Market is the first step to being prepared.”
Tags: COVID-19, furniture and accessories, furniture industry, furniture retailing, Las Vegas Market, pandemic