Gift+Home at Vegas Market Reports Buyer Growth

LAS VEGAS-The Winter GIFT+HOME at Las Vegas Market recorded a 25 percent increase in U.S. buyers while international buyer attendance surged 45 percent, according to show organizers.

"Our expansion of resources is bringing more gift and home buyers to Las Vegas, and retailers are pleased with both the quality and the growing quantity of market resources," said Dorothy Belshaw, president of Gift & Home Decor, International Market Centers. "Our post-market analysis of attendance data indicates that Las Vegas is fast becoming a 'super-regional' draw and with continuation on this trajectory, [we're] becoming the leading market for gift and home decor in the Western U.S."

As previously reported, the January 2013 market drew buyers from all 50 states.  A detailed review by IMC of data indicates strong increases in domestic buyer growth, particularly from the Midwest and Northeast. In addition to geographic gains, there also were gains in several store types and categories, including floral/seasonal, toy stores, antique stores, stationery/paper goods, drug/pharmacy stores, gallery/museum stores, hospital gift shops and specialty stores.

Accelerated buyer growth was also seen in international traffic, which increased by nearly 50 percent among gift and home buyers over the previous winter market. As reported last month, visitors traveled from 74 countries from around the globe, representing North and South America, Europe, Asia and Africa.  Detailed analysis indicates that traffic from Latin America nearly doubled, with numbers of buyers from Brazil, the Pacific Rim, Canada, Mexico and Africa also increasing.

The Summer 2013 Las Vegas Market runs July 29-Aug. 2 at World Market Center Las Vegas.

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

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