Retail Observer

November 2014

The Retail Observer is an industry leading magazine for INDEPENDENT RETAILERS in Major Appliances, Consumer Electronics and Home Furnishings

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NOVEMBER 2014 RETAILOBSERVER.COM 9 N ever before in the 90-year history of the event have so many products made their world debut at IFA. Global trends such as networking, wearables and further improvements in the images and sound produced by digital TV and hi-fi systems have reached new heights. More than ever IFA 2014 underlined its expertise in its role as the world's meeting place for the industry and for exchanging information. The reactions from retailers and consumers to the many products making their world debut were extremely positive. Over a period of six days alone IFA 2014 generated orders totaling 4.25 billion euros, and follow-up business is expected to be good. IFA's unique blend of product innovations, stars and entertainment, presented by 1,538 exhibitors on a display area covering around 149,500 square meters, attracted more than 240,000 visitors. The floor space occupied was larger than at any previous event in the history of IFA. "In 2014 IFA again fulfilled its role as a driving force of the markets. With an even larger volume of orders this year, the foundations were laid for good end-of-year business ahead of the most important sales period of the year. IFA continues to be the ideal venue and marketplace for indus- try and commerce," said Hans-Joachim Kamp, chairman of the supervisory board of Gesellschaft für Unterhaltungs- und Kommunikationselektronik (gfu), the organizers of IFA. "Once again, IFA has strengthened its position as the world's leading trade fair for consumer electronics and home appliances. Its contribution to boosting the home appliances market, for which the outlook is good, was exceptional," said Dr. Reinhard Zinkann, chairman of the Home Appliances Trade Association, part of ZVEI. GLOBAL TRENDS DRIVE THE MARKET RETAILERS SEE GOOD PROSPECTS FOR END-OF-YEAR BUSINESS Success! AN IMMEDIATE IFA 2014:

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