Viewing posts for the category Market
Categories: Market | Published: Jan 30th 2020
What happens here, only happens here. Or so we heard frequently in this ever-evolving city.
The 2020 Winter Market lived up to the hype. Most hallways were full of buyers and industry players, with exhibitors happily showing updated product lines in busy showrooms. We heard from several long-time clients that this was their best Vegas market yet, with foot traffic strong, customer acquisition high, and double-digit growth in orders from last year. This optimism reflects ...
Categories: Market | Published: Nov 13th 2019
BDNY November 2019 Update
We always enjoy the BDNY hospitality show, and 2019 was no different. Exhibitors were busy, attitudes upbeat, and both buyers and sellers seemed to enjoy themselves at the sleek Javits Center. As a favorite long-time client put it, “this show is the best. It’s finite [only 2 days], with qualified buyers, in a city people want to visit.” We couldn’t agree more.
We met with over 80 CEOs and key ...
Categories: Market, News & Events | Published: Oct 25th 2019
The High Point Market is the Super Bowl for the residential furniture industry. Historically, over 75,000+ people come to town twice a year to visit the 2,200 exhibitors that display their goods in over 12 million square feet of showroom space spread out over 150 buildings. Attendance varies, and we feel you can’t keep score anymore by the number of bodies in town. Today, as High Point re-emerges as the dominant global ...
Categories: Market, Mergers & Acquisitions, Stump & Company | Published: Oct 1st 2019
This has been a busy season in the M&A market. Activity remains strong across residential, hospitality, and contract furniture. We continue to observe a compelling balance of buyers and sellers in each of these furniture industry sectors. There are strong strategic buyers interested in growth and diversification of products and manufacturing capabilities. Private equity companies are investing in the space, indicating that there is additional investment to ...
Categories: Market, NeoCon, News & Events | Published: Jun 12th 2019
Neocon was upbeat and well attended again this year. Our discussions with clients and prospects during our 48 hours in Chicago confirm that most are doing well in this up-cycle, despite the headwinds of Chinese tariffs and the unavailability of labor. Unanimous sentiment was companies are looking to expand and grow.
Quote of the market #1: “Pivot to growth,” was the strategy one acquaintance shared with us.
A few trends of note that we ...
- Vegas 2020 - Strong Foot Traffic, High Customer Acquisition, and Double-digit Growth.
- Welcome to the New Decade
- What a market! BDNY 2019
- High Point October 2019 Update
- Pre-High Point M&A Update
- January (2)