Viewing posts for the category News & Events
Categories: Market, News & Events, Stump & Company | Published: Nov 17th 2021
Our team traveled to New York for the annual BDNY hospitality show at the Javits Center and it was fantastic! Attendance far exceeded anyone’s expectations and the energy was strong. The exhibitors and attendees alike were optimistic about a rebound in hospitality business for 2022 and beyond.
New York was bustling too. The planes were packed, the restaurants full, and construction was everywhere. Hudson Yards has a new multi-building complex across from the Javits center ...
Categories: Market, News & Events, Stump & Company | Published: Oct 21st 2021
Our team worked the halls of the High Point market for 6 days and were pleased with the attendance, energy, and optimism. Most clients told us that total visits were probably 40-50% below pre-covid levels, but much better than expected. A few Canadians crossed the borders given the new transit rules, and there were several Asian and European groups in attendance as well. Best of all, the weather was a perfect North Carolina autumn, making ...
Categories: Market, NeoCon, News & Events, Stump & Company | Published: Oct 7th 2021
The Stump team attended both the September 20-23 Casual show and the October 4-6 Neocon show in Chicago's famed Merchandise Mart. After a long, COVID-induced pause, we found both to be upbeat despite mixed traffic.
First, observations on the Casual show held in late September. Outdoor furniture is a booming category as homeowners increasingly want more and better outdoor venues as they continue to spend more time at home. As we walked the ...
Categories: Market, News & Events, Stump & Company | Published: May 2nd 2021
Our team is excited to be back on planes and traveling!
We kicked off our return to in person markets with the Las Vegas Market, April 11-13. We expected a 50% crowd, but what we observed was probably less than that. It was disappointing to see the empty spaces in all 3 buildings, but there was great activity and energy on the lower floors. We also liked the new welcome center, check-in process and temporary ...
Categories: News & Events, Stump & Company | Published: Mar 31st 2021
The Stump team had a strong Q1 performance as the home furnishing industry continued its own impressive growth trends.
Merger and Acquisition interest is high, as evidenced with our recently announced transactions:
- Braxton Culler was acquired by Classic Home: a large global casegoods/lifestyle company acquiring a leading North Carolina better-end upholstery manufacturer.
- We saw broad interest in Braxton Culler from a variety of casegood companies, offshore importers, and other upholstery companies ...
- HOOKER FURNISHINGS ENTERS OUTDOOR CATEGORY WITH ACQUISITION OF SUNSET WEST
- Vegas Market Recap Jan 2022
- 2021 Disruptions to the Home Furnishings Industry
- Why is furniture hot right now?
- Boutique Design New York (BDNY) 2021
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