“Given the depth of the recent recession, our success speaks volumes about improving consumer confidence and a resurging economy,” IMC CEO Robert Maricich said in a statement. “According to our statistics, the recession is officially over in the eyes of the furnishings industry. The energy at Winter Market was palpable. Buyers were buying, and ultimately, that’s what counts.”
The Winter Market, which ran Jan. 30 through Feb. 3, saw a 23 percent increase in buyer attendance over last summer’s market, including over 4,000 new U.S. buyers and 1,000 new international buyers. The number of decorative accessory buyers attending the show was up 19 percent, and interior designer attendance was up 31 percent.
The market itself has seen a lot of growth since last August, having signed an additional 275,000 square feet of showroom space to 257 companies, 236 of which were new to the Las Vegas Market.
Also new at the Winter 2012 Market was a Made in the USA pavilion, to keep with the growing trend of buying local.
“American-made products speak to the growing sentiment of patriotism and are seen as a way to bolster the economy,” Maricich said. “The pavilion proved to be incredibly popular with market attendees and was equally popular with overseas buyers.”
Global Views CEO and President David Gebhart says he noticed the increase in traffic in his showroom, leading Global Views to have a very successful market.
“We got to work hand in hand with our customers to educate them on trends and color palettes,” he said in a statement. “There was a noticeable uptick in traffic and business in general. We were very pleased.”
The next Las Vegas Market will take place July 30 - Aug. 3, 2012.