Spring HD Vegas Furniture Market
Categories: Market, News & Events | Published: May 7th 2018
HD Vegas was upbeat and busy. We spoke with over 60 CEOs during our 48 hours in Vegas. The majority were optimistic, with most CEOs bullish about performance for at least the next 18-24 months, given the strength of their backlog and visibility into the new projects. We were again reminded that the ability to accurately forecast is a positive feature of the Hospitality Sector given the lead time necessary for installations and new construction ...
Spring High Point Market - April 2018
Categories: Market, News & Events | Published: Apr 23rd 2018
This was one of the best markets in years, a sentiment shared by most people we encountered during our 6 days in High Point. Talk of mergers and acquisitions (M&A), real estate movements and new product introductions were in full swing.
Quote #1 of the Market: “Rumors are just that….don’t listen.”
M&A was the hottest topic in our private conversations. Here are the key takeaways:
- Asian buyers continue to seek US assets ...
Winter Las Vegas Market - Jan. 2018
Categories: Market, News & Events | Published: Feb 1st 2018
The Las Vegas market was busy and upbeat – the halls felt packed and energetic. There were even rumors that this market set attendance records! This was despite several prominent companies abandoning destination showrooms at the Vegas market, which led to some select empty halls and corridors. Positivity was the dominant sentiment and it felt to many like the energy of the “go-go 1990s” had returned.
Quote of the market #1: “I came with ...
2017 in Review & 2018 in Preview
Categories: Mergers & Acquisitions, News & Events, Stump & Company | Published: Jan 15th 2018
The 2017 M&A climate was robust, at levels not seen since before the 2008 crash. This meant a terrific year in furniture acquisitions and for Stump & Company. Our boutique M&A firm closed 7 transactions across the Residential, Hospitality, & Contract sectors of the industry:
In addition to a record setting bull stock market, generous bank lending, and an upbeat economic environment, the 2017 M&A activity in furniture was the result of a confluence of ...
New York Hospitality Show: BDNY - November 2017
Categories: Market, News & Events | Published: Nov 16th 2017
BDNY (Boutique & Design: New York) was packed and energetic, with many companies reporting record traffic. The Javitz Center format continues to be a hit with small booths that enable companies to efficiently display capabilities and conduct meaningful business without an undue amount of overhead. In fact, BDNY has been deemed the fastest growing trade show in our industry.
We spoke with over 50+ industry CEOs during an action packed two days. Overall reports indicate ...
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