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…
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IHA’s blog features informative posts written to keep the housewares industry educated and informed about key strategic issues and IHA member services.
And The Melody Lingers On
By: Martin M. Pegler Imagine it is almost Christmas and the store is filled with happy holiday shoppers. Do I hear music playing? YES!! And probably the music in retail stores is music of the season—like “White Christmas”—or “I’ll be Home For Christmas” or maybe even some Christmas carols. Why the music and why these familiar melodies? Because music “soothes the soul,” is…
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…
CONTINUE READINGExport 101: Understanding Market Selection
When choosing to sell internationally, market selection is an important but potentially daunting task. There are approximately 194 countries around the globe, and selecting where to begin exporting can have a significant impact on finances and long term success. Often, suppliers begin as an “accidental exporter”, selling to those customers and countries who proactively…
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