Las Vegas Market Gift & Home Décor Leasing Momentum Continues

Furniture World News Desk on 6/20/2016

Las Vegas Market recently announced 20 new and expanded showrooms – including a 300% expansion by GiftCraft – confirmed in time to debut at the Summer 2016 Las Vegas Market, July 31 - August 4, 2016. These latest additions, coupled with other recently announced tabletop and housewares gains, bring a total of nearly 40 new tenants and 16 showrooms expansions to Building C for the Summer Market, which has helped to push Las Vegas Market’s overall number of resources above 3,100+ for the first time in the Market’s 10 year history.

“Las Vegas Market is continuing to build on recent record levels of new resources and double-digit gains in buyer attendance to further expand its resources,” said Dorothy Belshaw, president of Gift & Home Décor, International Market Centers. “Brisk leasing activity – both in terms of new and expanding showrooms as well as renewals by market leaders – is fueling exponential resource growth. As the leading furniture, home decor and gift destination in the western United States, Las Vegas Market is serving the industry with a steadily-expanding presentation of gift and home décor suppliers and product resources.”

This latest round of leasing activity brings another 18 new gift and home décor tenants to Building C in time for the summer Market. Gift category debuts are: Georgetown Home & Garden (home and garden), Cohasset Gifts & Garden and Continental Art Center (seasonal) in 2,000 square feet on C8; and P. Graham Dunn (inspirational art, gifts and home décor) in 3,760 square feet on C8. Three showrooms debuting on C9 are: Northlight Seasonal (seasonal) in 4,400 square feet; Pacific Trading (giftware and collectibles) in 1,480 square feet; and RGstyle (home décor) in 2,293 square feet.

Within the home décor category, three new showrooms will debut: Kannoa (casual/outdoor furniture) in 1,563 square feet on C4; Legend of ASIA/Lilys Living (home furnishings and accents) in 1,554 square feet on C3; and Phylum Design (wall art and home accents) in 1,000 square feet on C5.

The Lifestyle Collection on C10 also continues to experience substantial resource growth, with an additional 10 new showrooms debuting for Summer Market. Newcomers to Las Vegas Market include C1079: Diverse Marketing (sales agency for toys and gift) in 2,265 square feet; Eightmood (Swedish home textiles and accessories) in 1,000 square feet; and King-Max Products, Inc and Contrast Inc. (gift and home products) in 5,700 square feet. Another four first-time Las Vegas Market exhibitors will debut on C10 in 350-square-foot “micro showrooms”: Heritage Lace (home décor, kitchen, dinnerware); Los Angeles Trading Co. (novelty and gift products); Miss Rose Sister Violet (giftware, home wares, children’s products, accessories and haberdashery); and Stash Style (wearables, home accessories). In addition to these newcomers, three companies are relocating to C10 “micro showrooms” from other Las Vegas Market temporary locations: Jim Spinx (novelties and accessories); Monahan Papers (home accessories and social stationery); and Northern International Inc. (flameless candles).

In addition to new showrooms, several existing tenants also are expanding existing showrooms for the Summer Market. This includes GiftCraft (gift) with a nearly 300% expansion into 9,800 square feet on C6; and Be Home Inc. (tabletop and home decor) with a 30% expansion to 1,500 square feet on C10.

Several leading tenants also have extended their commitment to the Las Vegas Market with multi-year lease renewals. Notable renewals include: DEMDACO (gift and seasonal) for its 11,500 square foot showroom on C6; Joanne & Company for its 5,300 square foot showroom on C8; and Sullivans (home décor, foliage, floral & Christmas décor ) for its 5,600 square foot showroom on C9.

Las Vegas Market is the fastest-growing gift market and the only major home furnishings market in the West, featuring 5 million square feet of showroom space throughout 40 floors in three buildings and new temporary exhibit venue, The Pavilions. Summer Market highlights include the concentration of new boutique home décor resources on C5; the grand opening of new permanent exhibit space on C1; the targeted expansion of C11 as the industry’s newest destination for gift-oriented housewares, gourmet products, specialty food and tabletop items; continued expansion in casual and outdoor products on C12 and C13; presentation of the top 15 bedding manufacturers; sold out home furnishings temporaries on B2 and expansion of The Pavilions at Las Vegas Market to feature some 500 temporary exhibitors.

More about Las Vegas Market: Las Vegas Market is the leading furniture, home decor and gift marketplace in the western U.S., presenting 3,100+ gift, home décor and furniture resources in an unrivaled market destination. Las Vegas Market features thousands of gift, furniture and home décor lines, allowing for cross-category commerce among these industries. Summer 2016 Las Vegas Market runs July 31-August 4. For more information, visit www.lasvegasmarket.com.

More about Las Vegas Market and International Market Centers, L.P.: Las Vegas Market is the most comprehensive furniture, home décor and gift market in the United States, presenting a unique cross-section of 3,100+ resources in an unrivaled market destination. With two markets each year, retailers and designers can shop a broad assortment of product from thousands of manufacturers of furniture, mattress, lighting, decorative accessories, floor coverings, home textiles, tabletop, general gift and more — delivering the most complete, cross-category wholesale tradeshow for the furniture, home décor and gift industries in the United States.

Las Vegas Market is produced by International Market Centers, L.P. (IMC), the world’s largest operator of premier showroom space for the furnishings, home décor and gift industries. International Market Centers owns and operates 12.1 million square feet of world-class exhibition space in High Point, N.C. and Las Vegas. IMC’s mission is to build and operate an innovative, sustainable, profitable and scalable platform for the furnishings, home décor and gift industries. For more information on IMC, visit http://imcenters.com/.