Rugnews.com Editorial: HOW COME? WINTER MARKET GOERS HAVE FEW COMPLAINTS
It’s strange that everybody seemed pretty cheerful at the recent round of Winter markets, in spite of all the gloomy news about the economy. The sub-prime catastrophe and the slow-down in housing sales have been in the news constantly in the last few weeks, and these are two issues that one would think would directly affect the home furnishings business.
ORRA ALERTS MEMBERS TO PROPOSED NEW IMPORT VALUATION
WASHINGTON, DC -- The Oriental Rug Retailers Association has alerted members to a proposal by US Customs & Border Protection that would eliminate a longstanding rule of import valuation and could result in increased prices down the entire sales chain.
Las Vegas World Market Business Wrap-Up: NO DOOM AND GLOOM AT WORLD MARKET AS RUG VENDORS REPORT GOOD SHOWING
By Lissa Wyman
LAS VEGAS– No gloom and doom at the Las Vegas World Market last week, where rug exhibitors were pleased with both traffic and buying activity, despite the reports of doom and gloom in the general economy. In fact, several vendors said they don't plan to participate in any recessionary activity.
AFGHAN INSPIRATIONS EXHIBIT BRINGS AFGHAN ARTS MESSAGE TO LAS VEGAS WORLD MARKET
Mary Lynn Landgraf, left, of the US Department of Commerce office of Textiles & Apparel; Khalil Rahimi of Choobi Oriental Rugs, Raleigh, NC, and Noor Alam of the Afghanistan Investment & Reconstruction Task Force U.S. Department of Commerce. Alam was a principal developer and organizer of the exhibition.
By Lissa Wyman
LAS VEGAS -- The art of Afghan hand woven rugs and that country's rich heritage of handicrafts was the subject of Afghan Inspirations: Rug Renaissance Coveted Traditions, a special exhibition at the Las Vegas World Market Center during last week's Winter market.
WHITE PLAINS, NY – The Summer 2008 edition of the New York International Gift Fair (NYIGF) will run Saturday, August 16, through Thursday, August 21, 2008, at New York City's Jacob K. Javits Convention Center, Metropolitan Pavilion and Passenger Ship Terminal Piers 92 and 94.
NY Home Textiles Market Business Report: NATIONAL CHAINS AND LOCAL RETAILERS TURN OUT FOR HOME TEXTILES MARKET
From left: Kurt Von De Bur, vice president of sales for Orian; Mindy Barker, assistant buyer of domestics for Fred Meyer Stores, Portland, OR; Jacque LeMay, rug buyer for Fred Meyer Stores; Jeff Huges, vice prsident of product development and design, Orian and David Oppenheimer, northwest territory rep for Orian.
By Lissa Wyman
NEW YORK -- Rug exhibitors showing at last week's Home Textiles Market were a little market-weary, but fairly pleased with results this event, which caters for the most part to mass-market retailers.
Letter to the Editor: RETAILERS WHO GO TO MARKET ARE THE ONES WHO STAY IN BUSINESS
I really appreciated your column about the upbeat markets in light of dismal economic news. (To read the editorial again, click here). I think you and your husband are on to something. I had made a similar observation, but not as eloquently – I noted that those people who were determined to stay in business were at market and those who weren’t going to stay in business weren’t investing any more into the business, such as the expense for attending market.
INDIA CARPET EXPO SET FOR MARCH 2 TO 5 IN NEW DELHI
NEW DELHI, INDIA – The India Carpet Expo will be held March 2 to 5, 2008 in hall 12A at Pragati Maidan, New Delhi. The event will coincide with Tex-Styles India and will be followed by an Exhibition & Buyer Seller Meet in Jaipur on March 6 to 7. Both events have been organized by the Carpet Export Promotion Council of India.
MORE EMPLOYEES PLAN TO JUMP SHIP IN 2008 PRINCETON, NJ – A global survey of 4,500 workers conducted by BlessingWhite Consultants, indicated that more people anticipate leaving their employers this year than last. In last year's BlessingWhite study, 65% said that they expected to 'definitely' remain with their employers through the year. In the current study, that number was down to 58%.
CINCINNATI, OH – Macy's, Inc. has named Tony Spring as president of its New York-based Bloomingdale's division, effective immediately. Since 2005, Spring has served as Bloomingdale's senior executive vice president and director of stores, with additional responsibility for Bloomingdale's shopping services and creative services.
THE COLOR PURPLE WILL BE HOT IN 2009 LAMB TELLS WORLD MARKET SEMINAR
LAS VEGAS – Purple will be the color of the year for 2009, according to a trend-watcher Michelle Lamb. Speaking to attendees at the recent Las Vegas World Market, Lamb described hot 2009 colors ranging from lilac mauve to cool olive, and patterns varying from groovy psychedelic to crisp country. Metallics and neutrals will still be in, but soft contemporary is out, and pink as well as purple will be new banner colors.
ETHAN ALLEN TO CONSOLIDATE SELECT RETAIL LOCATIONS
DANBURY, CT – Ethan Allen Interiors Inc. plans to consolidate the operations of approximately 12 of its retail design centers and two service centers. Businesses currently serviced by these locations will be transferred to other locations serving the same general market areas.
WESTBURY, NY – Fortunoff, a retailer of jewelry and home furnishings, has agreed to sell the Fortunoff business to an affiliate of NRDC Equity Partners, the owner of the Lord & Taylor department store chain. To effect the transaction, Fortunoff has filed a voluntary petition under chapter 11 of the US bankruptcy code.
MACY’S TO CONSOLIDATE THREE DIVISIONS, STRENGTHEN REGIONAL MANAGEMENT
CINCINNATI, OH – Macy’s, Inc. is consolidating three of its divisions as well as strengthening its local market focus and enhancing customer service. The moves, which involve the lay-offs of 2,550 workers will enable Macy's to both accelerate same-store sales growth and reduce expenses, according to Terry J. Lundgren, chairman, president and chief executive officer.
RUG DÉCOR HONORS VENDORS AND STORES AT WINTER CONVENTION
ATLANTA – Rug Decor, the franchize rug retail chain, held its winter convention in conjunction with the January Atlanta Market. Managers and Owners met for two days of meetings and then held a Round Robin showroom visit with key vendors.
CINCINNATI, OH – Macy's, Inc. plans to open a Bloomingdale's department store in the new City North development in the Northeast Valley area of Phoenix in Fall 2009.This will be Bloomingdale's first store in Arizona and its 10th store in the western United States. Construction is expected to begin in Fall 2008.
‘DANCING WITH THE STORES’ ENCOURAGES RETAILERS TO IMPROVE PERFORMANCE LEVELS
NEW YORK – Retailers were encouraged to push constantly to improve performance levels in a presentation called ‘Dancing with the Stores,’ at the National Retail Federation (NRF) Convention & Expo in New York last month.
IDG POISED FOR GROWTH IN 2008 DESPITE ECONOMIC CONCERNS
MANCHESTER, NH – Posting record sales of $400 million in retail revenues in 2007, the International Design Guild (IDG) and its members have continued to show growth in a diminishing economy, according to Krista Eliason, president of the high-end retail floor covering co-operative.
NEW YORK – Safavieh has introduced its first lifestyle catalog for Martha Stewart Rugs. The 44-page color brochure features 12 environmental photographs that showcase the rugs in rooms reflecting the brand’s styling.
JADE INDUSTRIES INTRODUCES ECO-FRIENDLY RUG UNDERLAY; PLANTS A TREE FOR EVERY PAD
CONSHOHOCKEN, PA – Jade Industries, Inc. has introduced EcoNet, an eco-friendly rug underlay line. In addition, through Jade’s partnership with Trees for the Future, a tree will be planted for every EcoNet pad sold.