RETAILOBSERVER.COM APRIL 2023
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T
hrongs of optimistic retailers, designers and specifiers
gathered for Las Vegas Market's first market of 2023 to
place orders for new products, explore new technologies,
and embark on new opportunities. A 25% year-over-year increase
in attendance, combined with a wealth of new introductions,
created an unmistakable energy throughout the market's 1,000 gift,
home décor and furniture permanent showrooms and temporary
exhibits, January 29 - February 2, 2023, at World Market Center
Las Vegas.
"The unbridled optimism of buyers and suppliers at Las Vegas
Market was reminiscent of pre-pandemic market conditions and is
a great indicator of our industry's future," said Bob Maricich,
International Market Centers (IMC) CEO. "Business was brisk and
new relationships were forged as the right buyers and right sellers
came together to kick off 2023 on a very positive note."
RECOVERY AND INFLUENCE
Las Vegas Market's 25% year-over-year attendance growth was
driven by an influx of new buyers, the return of many for the first
time since the pandemic, and a strong fourth quarter. Ultimately it
attracted attendees from all 50 states and 68 countries.
Some 33% of attendees were new to Las Vegas Market, with
12% returning for their first market since the beginning of the
pandemic. International attendance in Winter 2023 was up by
107%, with the largest gains in Canadian attendance at a 350%
increase. Domestically, traffic was up across all regions with the
most gains in the Northeast at 73%, the Pacific Northwest at 25%,
and Midwest at 16%. The return to more normal conditions in
California drove a 29% increase in attendees. A post-holiday
surge of optimism was evident in Las Vegas Market's registration
pattern, with 56% of attendees registering after January 1, 2023.
T R A D E S H O W [ N E W S ]
MAJOR ATTENDANCE GROWTH
AT LAS VEGAS MARKET IN WINTER 2023
Excited buyers return ready to source
