The Chopping Block is Chicago's largest recreational cooking school and gourmet retail store, and yet so much more to so many people. From cooking demonstrations for newbies flexing their cooking wings to hands-on cooking classes where good home cooks can advance from their comfort zone, The Chopping Block is out to get everyone cooking confidently. And for those who love…
CONTINUE READING2017 gia Global Honoree – Loft
Michelle Hespe speaks to Mr. Satoru Iimura, Executive Director of Loft — a chain of retail stores in Japan that became one of the five Global Honorees at this year’s IHA Global Innovation Awards (gia) at Chicago’s International Home + Housewares Show. Loft was celebrating more than its gia win in Chicago this year. “2017 marks 30 years since the first Loft store opened in…
CONTINUE READING2017 gia Global Honoree – Rustan’s
Mr. Donnie Tantoco, President of the Philippines luxury retailer, Rustan’s, speaks to Michelle Hespe about becoming one of five Global Honorees at the 2016-2017 IHA Global Innovation Awards (gia) in Chicago. It’s the second time that this leading business has been the recipient of a gia in the past decade. With passion, forward thinking and dedicated drive, in 1952, the…
CONTINUE READINGGlobal Retail Intelligence – May
To follow is a brief review of retail news from around the world: May 19 – Alibaba Delivers Yet Another Year of Powerful Growth China’s vast ranks of consumers are finding ways to spend more money online — and that’s good news for Alibaba. The Alibaba Group, the Chinese e-commerce giant that a few years ago led the biggest share listing in the history of the American stock…
CONTINUE READINGRebellious Energy SS18
Looking ahead to 2018, there are several shifts in consumer mood that are driving trends in design for the home. One major influence in housewares trends, is a growing consumer desire to seek out newness and do things differently. This rebellious attitude is influencing a much bolder and futuristic aesthetic within the home, particularly for the Spring Summer…
CONTINUE READINGOcean Carrier Financial Results Seeing Red
The 2016 operating margins for the top 13 ocean carriers have been announced. While the fourth quarter showed some improvement, the overall numbers were abysmal for the containership industry. Of the 13 carriers, only three posted operating margins in the black. Despite an uptick in rates triggered by the collapse of Hanjin Shipping, the remaining 10 carriers posted margins in…
CONTINUE READING2017 gia Global Honoree – Borough Kitchen
Michelle Hespe catches up with two Canadian friends who have managed to create a passionate retail-based community, Borough Kitchen, that all started within London’s Borough Market, with cooking and homewares firmly at its heart. Taking the step from being successful bankers to the owners of a happening kitchen retailer in a thousand-year-old London food market doesn’t seem…
CONTINUE READING2017 gia Global Honoree – Potten & Pannen – Staněk
Michelle Hespe catches up with one of the five 2017 gia global honorees, Pavel Staněk—Co-founder and President of the highly innovative Potten & Pannen – Staněk in the Czech Republic. The gia Global Honoree award-winning Potten & Pannen store is a KitchenAid concept store and a gourmet cooking academy based in the capital of the Czech Republic, Prague. “Our grounding…
CONTINUE READINGCuba: Immediate Challenges & Long-Term Opportunities
IHA Staff conducted a recent market visit to Havana, Cuba to assess the market potential of this relatively closed and unknown market. Due to the lifting of certain restrictions by U.S. citizens to visit Cuba, more and more Americans are beginning to visit this nearby country, and there is the potential in the coming years that U.S. housewares companies will be able to…
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