Porland of Turkey, one of the five gia Global Honorees this year, has a long, rich and colorful history. We look into what makes this manufacturer and retailer of porcelain stand out from the rest. by Michelle Hespe Porland’s logo features a ballerina executing a perfect pirouette. This elegant symbol conveys both beauty and strength, reflecting the grounding philosophy of this manufacturer and retailer of porcelain. The word…

CHESS 2019 – Retail’s Seismic Shift: Understanding the Forces Changing Housewares Consumers

Presented by: Michael Dart, Partner, Consumer/Retail Practice, A.T. Kearney Retail specialist and visionary, Michael Dart advises retail and consumer companies on how best to navigate retail’s seismic shifts. He combines his economics and finance training from Oxford University and the Wharton School, University of Pennsylvania, with more than 25 years of experience consulting with A.T. Kearney and Bain & Co. to provide a unique…

Global Retail Intelligence – April

April 14 – JD.com Creates Offline Catering Supply Chain SolutionJD.com with Juqi, a dinning chain in Beijing, announced a supply chain cooperation, positioning JD.com as the first platform in China capable of providing a one-stop supply chain solution covering both the full category of food and materials supply, and integrated warehousing and distribution services. Through the cooperation, JD will also provide intelligent inventory…

Navigating The Wild West of Ocean Shipping

by Dave Akers, IHSA "Good Judgment comes from experience and a lot of that comes from bad judgment." — Will Rogers Here is how the modern shipping business mirrors the Wild West: 1. The “Gold Rush” Boom and Bust Cycles The Old West was defined by the gold rush with sudden, explosive wealth that created overnight millionaires, followed by devastating busts that left ghost towns behind. Shipping operates on the exact same…

IHA Plans Sourcing Mission to Vietnam

To help members investigate alternatives to sourcing from China, the International Housewares Association will hold a sourcing mission to Ho Chi Minh City, Vietnam, next year. The 2020 Vietnam Sourcing Mission will be offered in two sessions: April 20-22 or April 23-25. Each session is limited to just six companies to provide a high level of service and allow for private meetings and factory tours. The dates were chosen to allow…

Guide to Effective Retail Store Design

by Martin M. Pegler If RETAILING is your chosen path of livelihood, here are some simple guidelines you might like to consider when planning your retail store. 1. Let There Be Light! Without the proper light the merchandise cannot be seen or judged, colors cannot be appreciated, coordinates cannot be assembled, nor buying decisions made. Let your light be the best you can afford to install and use—or, if necessary, skimp on…

IBC

IHA Members Meet with Key Australian & New Zealand Buyers

Six IHA member companies participated in the IHA Trade Mission to Sydney and Auckland, October 30 – November 4 to develop sales opportunities in Australia and New Zealand. The participating IHA members, Astage, Candle Warmers, Honey-Can-Do, Hutzler Mfg., Nordic Ware and Whitmor, met with key home and housewares retailers and toured retail stores to learn more about how…

Export 101: Understanding Exchange Rates

When conducting international business, it is important to take historical, current and forecasted exchange rates into account. It’s also very important to determine the specific currency in which a transaction will be priced. This decision will determine potential risks and rewards as exchange rates fluctuate. As an example, US Company A sells their Product for US$1,…

Global Retail Intelligence – November 2016

To follow is a brief review of retail news from around the world: November 1 - Australian Dollar Growth Bloomberg says that the performance of the Australian dollar may be a positive indicator for the global economy. The currency is the top performer in developed markets since mid-year, and Australia’s ties to China and commodities makes it an economic barometer. The…

Global Retail Intelligence – October 2016

To follow is a brief review of retail news from around the world: October 1 – D Mart, India The Business Standard (Mumbai) reports that India supermarket operator, D Mart “is looking to add over 60 per cent more space in the next three years. The chain, the third largest retailer after Future Group and Reliance Retail, has 3.4 million square feet of retail space now and is…

Forecasting Currency Fluctuations in Uncertain Times

In their October 2016 Currency Outlook report, Tempus, an exchange rate and global payments company, indicates that the globe is going through a period of readjustment as markets find direction in the midst of downside risks to overall economic growth and limits to the scope of intervention by central banks. The two-page report reviews recent currency changes and previews…

Global Retail Intelligence – September 2016

To follow is a brief review of retail news from around the world: August 26 – Walmart & ASDA, UK Bloomberg offered a review of the state of supermarket retailing in the UK including a suggestion that “Walmart should cut Asda loose. The U.S. retail giant has struggled with the U.K. supermarket it bought for 6.7 billion pounds ($8.9 billion) in 1999. A sale to a private…

IHA Members Visit Mexico’s Home and Housewares Market, Meet With Key Decision Makers During Trade Mission

Eleven housewares suppliers looking to enhance their international business took part in a trade mission to Mexico August 21 to 26 sponsored by the International Housewares Association. Participating were: Allied Kitchenware Company International, Gondol Plastik, Honey-Can-Do, Marcato, Maverick Housewares, Patisse Nederland, Picnic Time, Progressive International, Spectrum…

British Retail Sales Rose Strongly in July

The Wall Street Journal reported today that, post Brexit, “(UK) households largely shrugged off the referendum result and kept spending” with retail sales gaining 5.6% in July compared to a year earlier. For more information, please click here. …

Industry Update from the Japan DIY Industry Association

Information provided by the Japan DIY Industry Association shows remarkable development in the sales and number of DIY stores/home centers in Japan since the first DIY store was opened in the country over 40 years ago. There are now over 4,500 DIY stores/home centers in Japan with the annual general proceeds reaching 3.95 trillion yen. According to the annual report by the…

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