Ambiente India Slated for June
April 23, 2014,
NEW DELHI-The debut of Ambiente India, a version of Ambiente geared specifically toward the Indian luxury market, is scheduled for June 19-21 at Pragati Maidan here.
The show will spotlight manufacturers of upper-end home decor and accessories. The show will be divided into the categories of Dining, Giving and Living. According to a statement from Messe Frankfurt India, which is managing the new show, the home fashion and decor market in that country is currently valued at about $23.3 billion annually, with an average growth rate of about 10 percent a year.
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Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.
ALSO IN THIS ISSUE:
- TJX Unveils First U.S. Homesense Store - In a time when retailers are reducing store counts, TJX continues to get physical.
- Ikea’s Fluid Spaces - The retailer’s new intros reflect multifunctional rooms.
- N.Y. Home Fashions Market Preview - Textile textures get soft and cozy, colors warmer.