Month: September 2017

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5 Things to Expect at the Upcoming High Point Market

High Point MarketTwice each year, the High Point Market sends a surge of excitement throughout the home furnishings industry. The biannual home furnishings and décor expo is a staple on the calendars of leading retailers, designers, and manufacturers, who are all gearing up for the next fall market, scheduled for October 14 to 18, 2017.

Previous High Point Markets have featured an extensive selection of new product introductions, professional development opportunities, engaging style presentations, and more. The upcoming event will be no exception—read on to find out what’s in store for guests at the 2017 Fall High Point Market.

  1. An Expansive International Event

High Point Market is the largest home furnishings trade show in the world, welcoming over 75,000 attendees to its showrooms twice per year. The event brings visitors from more than 100 countries to High Point, North Carolina, and at each market, approximately 10 percent of those in attendance travel from outside the United States.

Located about 70 miles north of Charlotte, High Point’s downtown district transforms to accommodate an unrivaled selection of home furnishings showrooms. Spanning 180 buildings, the High Point Market’s exhibitors fill 11.5 million square feet of showroom space. Each market features over 2,000 exhibitors, presenting opportunities for guests to see tens of thousands of new products.

  1. Numerous New Products

couch

Each High Point Market presents an opportunity for furniture retailers and designers to unveil their newest creations to an extremely broad audience. For the 2017 fall show, the High Point Market Authority will team up with several experts in home furnishings design for the latest iteration of its New Product Premiere program. Developed to help market attendees navigate the myriad of new products and style trends that will be on display during the show, the New Product Premiere program will feature exciting new content shared across the High Point Market’s social media profiles. Following an initial Twitter Chat on August 30, market organizers and Style Spotters will fill the weeks leading up to the fall market with exclusive product previews shared on Facebook, Twitter, and Instagram.

The market will also feature a number of special events making the launch of new collections by leading home furnishings companies. For example, day one of the event will include an elegant cocktail party hosted by High Point Market Title Sponsor Lexington Home Brands. Here, the high-end retailer will debut its latest indoor, outdoor, and lifestyle products, including its new lifestyle collection by designer Barclay Butera.

  1. A Sneak Peek at Emerging Trends

As market attendees view newly released products from the most influential designers in the home furnishings industry, they will likely notice several colors, shapes, patterns, and materials that seem to dominate each showroom floor. The High Point Market Authority has organized multiple programs to guide attendees as they explore the latest trends influencing home furnishings.

For several years, the High Point Market Style Spotters have enhanced the market experience by providing expert insights on the looks and pieces that dominate each event. Comprised of several pairs of leading designers from trendy brands including Ishka Designs and Parker Kennedy Living, the Style Spotters are responsible for the events and presentations that pinpoint each market’s prevailing style trends. For the fall 2017 show, this group of home décor experts will host Style Spotters Live, a panel discussion showcasing the top products and trends from the showroom floor. Following this event, each team of Style Spotters will lead market attendees on an exclusive tour of their favorite showrooms.

Market attendees will also have a chance to glimpse the style trends of the future with a program hosted in partnership with Fashion Snoops. Over the course of the market, the trend forecasting agency will facilitate pop-up booths, a digital trend report, and a buyer’s guide to help guests navigate trends. This unique program will begin a day before the official market launch with a presentation entitled, “Culture to Product, A Forward Look into Spring 2018 Market Trends.”

  1. Insightful Speaking Engagements

living room

At High Point Market, furniture industry professionals will find no shortage of opportunities to learn from some of most influential entrepreneurial and creative minds in the business. This fall’s keynote series will feature a presentation from Paula Wallace, the founding president of the Savannah College of Art and Design, who will explore the many ways in which design can enhance and transform communities. In addition, guests will hear a keynote address from Drew and Jonathan Scott, the widely recognizable stars of HGTV’s Property Brothers. Also the founders of Scott Living, Drew and Jonathan will offer insight into the value that meticulousness can offer your business in a presentation titled, “Big Picture, Small Details: Why We Sweat The Small Stuff.”

Besides the keynote series, attendees can also broaden their horizons during multiple educational sessions within the Design Viewpoints Series. Designed to provide quality professional development opportunities for designers, these engagements allow attendees to earn CEU credits while exploring topics such as global business, luxury product development, and design in the digital age.

  1. Unique Opportunities for the Hospitality Industry

The fall 2017 market will feature a unique concentration of product displays and professional resources for the hospitality industry. Professionals seeking the latest furnishing trends to enhance their hospitality businesses will find showrooms created by more than 75 leading hospitality suppliers. They’ll also have the opportunity to take guided showroom tours with brands such as Baskerville and Global Design Americas. On October 15 and 16, the High Point Market Authority will host a number of special engagements for the hospitality industry, including presentations from leading designers, including Christopher Guy, and a panel discussion on the foundations of hospitality.
 

 

 

 

 

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Las Vegas

This Is What Happened at the Summer Las Vegas Market

lasvegasmarketlogoHeld biannually at the 5-million-square-foot World Market Center in Las Vegas, Nevada, Las Vegas Market is the preeminent furniture and home décor expo in the western United States. The market’s organizers have continuously strived to reach new heights since its launch in summer 2005, presenting a new array of engaging displays, new product announcements, and exciting opportunities for networking and professional development twice each year.

The Summer 2017 Las Vegas Market continued this tradition by setting new records for attendance and retailer participation while showcasing a number of new trends. The following are a few highlights from the most recent Las Vegas Market.

What Was New?

The Summer 2017 Las Vegas Market demonstrated the market’s growing popularity among buyers and retailers in the home furnishings, gift, and décor sectors. It featured a record-setting number of new temporary displays, welcoming over 150 first-time temporary exhibitors, which brought the number of temporary displays at the Pavilions to more than 500. Within the World Market Center, attendees perused 72 new or expanded showrooms spanning over 160,000 square feet of new floor space. Brands unveiling never-before-seen showcases at the most recent summer market included Home Insights, Turnkey, Vanguard Furniture, and Zuo Décor.

The increasingly diverse market attendance allowed many companies to reach out to new clients. One exhibitor of handmade wares, Funky Rock Designs, found that 80 percent of all its orders were from first-time customers. The greater attendance was due in part to record-setting participation from industry groups and associations, with nearly 40 organizations represented.

Attendance Trends

Las Vegas Market has grown its attendance exponentially in recent years, welcoming the highest number of buyers ever during the most recent winter market. The Summer Las Vegs Market continued this trend, welcoming a comparable number of attendees to its home furnishings showrooms. While the number of furniture buyers held steady, the event welcomed significantly more gift buyers, reporting a 6 percent year-on-year growth that marks the sixth consecutive year of expansion in this category. In addition, outdoor furnishings companies observed an uptick in buyer activity, and market organizers tracked a 12 percent gain in casual and outdoor furniture shoppers compared to summer 2016.

Market organizers also attributed this year’s sustained surge in attendance to heightened engagement from the interior design sector. While the majority of interior designers present at this summer’s Las Vegas Market hailed from Nevada, California, and Arizona, the event saw an 11 percent boost in attendees from the Midwest and a 25 percent rise in designers from northeastern states.

All in all, the increased attendance at the Summer Las Vegas Market provided ample opportunities for home furnishings companies to connect with new clients. Event organizers including Robert Maricich, the CEO of International Market Centers, noted that the recent growth in both new buyers and repeat attendees has garnered the event heightened industry attention and inspired new advocacy efforts.

Benefits and Opportunities

With more than 800 home furnishings design and retail companies in attendance, including multiple top-100 retailers, the Summer Las Vegas Market provided ample opportunities for industry professionals to familiarize themselves with the latest trends. This year, market organizers also observed an upsurge in engagement from many new regional markets. The event’s expanding attendance included an influx of guests from the West Coast, the Midwest, and Mexico. More specifically, the market saw an 11 percent rise in registrations from the Midwest region, as well as a 25 percent increase in attendees from northeastern states.

These trends solidify the market’s position as the West’s leading home furnishings trade show; increasingly, the event is attracting home furnishings professionals who live too far away to conveniently travel to the biannual High Point Market in North Carolina. In addition to praising the geographic diversity of attendees, sellers were also pleased to find a vast array of product categories, including an enlarged temporary exhibit area.

While offering numerous opportunities for home furnishings professionals to get a closer look at the products changing home décor trends, the Summer Las Vegas Market also enables attendees to forge new business relationships, reinvigorate old ones, and advance their professional skills and industry knowledge. Throughout the five-day event, attendees gained new insights form special events including the FIRST LOOK trend presentation, Ahead of the Curve seminar, and the #ViewonVegas showcase featuring influential designers’ top market picks.

Looking Forward

Recently, International Market Centers fell under the ownership of the Blackstone Group. This acquisition will allow the firm behind the Las Vegas market to access new resources that will allow it to grow and advance in new ways. In the future, the Las Vegas Market plans to enhance its role as the leading market destination on the West Coast, continuing to offer an increasingly diverse array of products and educational opportunities for today’s leading home furnishings and décor professionals.

Keep an eye out for more information about the next Winter Las Vegas Market, which will take place from January 28 to February 1, 2018.

office furniture

Here Are the Most Significant Trends Impacting Office Furniture

The contract and office furniture industry has been expanding steadily in recent years, with much of its growth attributed to the increasing success of smaller furniture firms. As the sector remains on track to exceed 2016 sales, a number of factors are influencing the spaces where companies choose to set up shop, as well as the furnishings they choose to fill them with. Here are the growing trends in modern office furniture and design today.

  1. Collaboration

Seeking to harness the innovative spirit and team-oriented culture of successful Silicon Valley ventures, many companies have borrowed the open-office floorplan seen at a number of prominent tech startups. This is led to a drastic decline in individualized space—while the average amount of office space dedicated to each employee was approximately 400 square feet in 1965, now, companies allocate just 151 square feet per each employee. Moreover, a much smaller portion of today’s office spaces are separated or obscured by walls. Cubicle clusters and multi-person workstations are common in today’s offices, and some companies are opting not to have assigned seating at all.

office meeting room

While moving away from private offices to open workspaces might require an adjustment period for more seasoned professionals, open floorplans present a number of potential benefits. They encourage workplace cultures that are not only more collaborative and creative, but also more transparent and egalitarian. For example, many executives are choosing to set up their workspaces within the open office environment, and those with their own offices are more likely to work within accessible, open-facing spaces. In addition, the use of glass walls—particularly to enclose conference rooms—is helping firms create working environments that feel collaborative and transparent (literally and figuratively).

  1. Technology

As the tools employees use to complete their work become more advanced, their workstations must evolve to accommodate them. Office furniture designers are continuously responding to the needs of today’s tech-empowered workforce with considerations such as wire management systems, USB charging ports, and adjustable desks. As technology has allowed many workers to untether themselves from the traditional office, many companies are also incorporating temporary workspaces into their office designs. These unique spaces might exist as hubs to be used by remote employees when they visit the office, or they might be collaborative spaces where employees can gather together to work on a project using their laptops or tablets.

As modern businesses become more digitally empowered, they will need to rely on technology such as cloud storage to keep their information safe and secure. For this reason, firms will likely require less physical storage in their office spaces going forward, thus demonstrating just one way how technology impacts not only what office furniture a company purchases, but how the office operates. Essentially, the advent of smart objects and the Internet of Things has resulted in modernized office spaces where functions like lighting, security, and even meeting-room scheduling are controlled by an intuitive, interconnected network.

  1. Functionality

As technology enables employees to adopt increasingly mobile working strategies, companies are making efforts to ensure that the time spent in the office is as worthwhile and productive as possible. This necessitates choosing furniture that adds value to the workplace, whether by enhancing efficiency or improving employee comfort and morale. Standing or adjustable desks, temporary laptop docking stations, and other forms of flexible furniture are emerging to accommodate the basic day-to-day needs of the 21st-century office.

office furniture

Although individual employee spaces are dwindling in size, they are also becoming more specialized. While private offices were once reserved for a company’s leadership, some business organizations are beginning to allocate space by need rather than seniority. For example, a product development engineer who spends the bulk of his or her time in the office would benefit from a dedicated workspace, while an executive who spends the majority of the workday meeting with clients and partners might choose to make use of the office’s temporary workstations.

This trend is representative of a larger move toward activity-based office design. Rather than furnishing their offices to accommodate individual employees or departments, companies are planning their workspaces based around functions. For example, a modern office space might feature a blend of cubicles, large media-enabled meeting rooms, smaller collaborative spaces, and private hubs for temporary individual work, as well as dedicated spaces for employee fun and relaxation.

  1. Culture and creativity

Firms are going to greater lengths to incorporate their unique value propositions into every aspect of their business, including their office spaces. It’s become more common for companies to choose unique, eye-catching furnishings in hues that match their brand color schemes, and to incorporate artistic aspects that reflect the organization’s philosophy and “personality.” In addition to inspiring employee engagement through collaborative seating arrangements, companies are also integrating design aspects that encourage networking and creativity (e.g., whiteboard or chalkboard walls, game rooms, and open lounge areas) to further enhance their organizational cultures.

  1. Comfort, wellness, and morale

There’s no doubt that the workplace environment can have a significant impact on employee mood and productivity. In one survey of LinkedIn professionals, 77 percent reported feeling happier in office spaces with art, 74 percent described it as inspiring, and 27 percent noted that thoughtful décor had a positive impact on their productivity.

office furniture

Companies are making a greater effort to design workspaces that promote a productive, open, and casual environment that is conducive to overall happiness and health. Many employees are benefiting from the option to use standing desks and spend more time moving throughout the office, reducing the numerous detrimental impacts of sustained sitting. In addition, businesses are striving to incorporate design principles that inspire a sense of serenity and counter the sterile office stereotype. For example, natural lighting, loft-style architecture, and the use of wood and other organic materials are becoming popular ways to enhance the office aesthetic while creating a more open, “natural” environment.