Springs Global Soldiers On
Transcription
Springs Global Soldiers On
Reed Business Information- • •, Monday, April 7,2008 ^^^pg | I ^?7^/^PIV HomeTextiles THE BUSINESS AND FASHION NEWSPAPER OF THE HOME TEXTILES INDUSTRY | hometextilestodav.com | Vol. 29, No. 10 $8.00 HIGH POINT 2008 Exhibitors Voice Resolve BY CAROLE SLOAN former 2,200-square-foot showroom. "As we grow, our High Point business HIGH POINT, N.C. — L^espite the dom- grows witli every show." ino effect of the growing erop of marHigh Point Market's rank among kets around the eountr)' conipeling for home furnishings and textiles markets vendor and retailer attention, man)' has experienced some shifts over the area rug suppliers say they have eoine past few years — especially in the area to regard the biannnal Higli Point Mar- rng product eategor\. which straddles ket as "important, "No.!" and a "big both domesties and furniture departopportunity," to quote a few. ments — as vendors and retailers find "High Point is our No.] market. tlieniselves with abonnding ehoices and that has not ehanged at all," said but limited dollars to spend in the eurSeth King, vp of husiness development rent eeononiy. for Calhouu, Ga.-based Sur>a, whieh With fewer and fewer major retailers this market opens the doors to its new dominating the iandseape, competition showroom. The space is more than for attendance has forced markeLs like 5,(1(IU sqnare feel, representing more High Point to carve a niche — whether than double the size of the eonipany's Sh;E RUG M A K E R S K\GE 2S BY CECILE B. CORRAL HIGH POINT, N . C . — Wliile the iiuicro environment appears to grow cloudiCT, home textiles exhibitors at tlte High Point Market here this week have moderate expectations — both about attendance and order writing. While the year started off slowly, tliere were some indieations that home textiles business ill the specialty store segment finned up a bit. And to further stimulate the appelites of those retailers here this week, a untubcr of suppliers are offering more produet in more diversified price ranges — both liigher and lower in price than is typical. Rug Makers Value High Point Vermont Organic Fiber Co. is Introducing a line of wool blankets, made from certified organic wool. "Business picked nj) in the last month; we had a pretty good Mareli," remarked Rid\;ni Tafar^il, ]iresident, SEt: EXHIBITORS PACE 2S Performance Products: A Rising Tide Springs Global Soldiers On entiation? Or is this simply a push hy .suppliers to break through the N E W YORK — What began a commodity'barrier? !cv\ years ago as a Irickle of per•'U's all of the above, but the 2008 Another Year of Transition formance products borrowing hreaktlirough is that there is now finishing and fiber technologies science taking plaec in textiles from sportswear, has escalated that looks to be of benefit," said pable. I'ourth quarter sales slid BY BRENT FELGNER into a deluge of goods boasting Larr)' Queen, president and ceo precipitously — down ^2.4% to ;i variet)' of solutions: anti-mierf>of AQ Textiles. Queen's compa- SAO PAULO, BRAZIL — Springs R$742.1 million, vs. R$l,097.7 l)ial, anti-bacterial, moisture eonny has launched a line of bed- Global Participac^oes will mosti) million during the same periLouisville Bedding trol, heat regulation, blood oxyding using IntellATex teeh- stay the course despite a disqui- od a year earlier, aecordiiig to a genating and collagen enhaneing, A selection of other products nolog), which uses negatively eting year in transition and de- presentation page initially poststarts on page 14. !<) name jnst a few. charged ions to immobilize pos- cline in the U.S. eeonomy that ed on the company's v\ebsite, But what's driving the trend? to performance products? Is it a itively eharged allergens. accelerated Springs' top- and then removed a short time later. SEE PERFORMANCE PAGE 2S bottom-line losses. Are eonsuniers more attuned matter of retailers seeking differSprings, whIeh is now traded on The manufacturer is pre- the Brazilian Novo Mereado of paring for a big relaunch of its the Bovespa exebange, is not reJIYV, "Our eustoiners under- signature Springmaid brand quired to break out fourth cjuarstand how narrowly distributed in September, with shipments ter results. Ratlier, it reports tlic the brand is, and they are fully to hit the shelves by February first three quarters, then the fullaware that DKNY has expanded or March of 2009, The Cindy year results. its distribution." Crawford licensing deal will Exehangf rates in effeet as of NEW YORK — l/)omia Karan Bloomingdale's, Maey's, macys. Currently on the Bed Bath have bedding and bath produets Dee. 51, 2007 (used tiiroughout Home has e\]janded its distri- eom, Nciman Mareu.s, Donna floor are DKNY Chrysanthe- hitting next year. too. Wamsutta this article for eomparison purhuUoii to Bed Bath & Beyoud Karan stores, Amazon, and se- mum quilts at $149.W for tlie fill!/ is slated for a 2010 relaunch. poses) would have yielded 4Q with a DKNY assortment that leet department stores in Aus- queen, $179.99 for the king. Euro Springs expects to enter Eu- sales of US$419.^ million. L urrently ineiudes a solid eolor tralia. Mexico and Japan. shams at $49.99, standard shams rope later this year and Asia next "We are obviously ver)' disaptjuilted coverlet set, a towel and Discussing the new distribu- and breakfast pillows at $49.99. }ear. At the same time, it will pointed with the re.sults." chairrng duo. and three duvet styles tion channel for the designer, Urban Pique is the towel, further rationalize operations in man Josue Christiano Gomes da with eoordinating sheet sets. which is being sold in Bed Bath at $14.99 for tbe bath. $10.99 the U.S., while realizing greater Silva said on the eall, "but they Donna Karan Home bed and & Beyond nnder the DKNY for the hand and $7.99 for the expense reductions in back-of- are a reflection of market eondibath products have been limit- brand, Patsy Pollaek, president wasbeloth. with tbe StepOut rug fiee and support functions. tions and the eireumstances of ed in distribution until now to of Donna Karan Home told SEK SPRINGS r.\GE 4 SEE DONNA PAGE 4 But the short-term pain is palBY JENNIFER MARKS Donna Debuts in Bed Bath & Beyond News > hometextilestodav.com er, said Richard Downing, president. "I have high expeetations; we have the opportunity- to do good business." The fonr-hed collection will get its major lanneh push at the Las Vegas market in ]nl); he noted. For Jesse Galili, vp, Hallmart Collectibles, "There are just too many markets. Things are pretty tongh bnt we just keep showing np." hor High Point, the company is adding lots of new products and promotions, as well as new color palettes ineluding more silver and graphite, rust, black and oranges. Eeo-friendly uiaterials also will he a foeus at Hallniart, with liamboo and organic cotton emphasized. New comforter packages will be influenced hy t\pieal dnvet looks, Galili added. "We feel good in general; we're very big hospitality-v\ise and we had a good New York and feel itshonid earr\' into High Point," said John Ro.se, president of Textiller)\ "We haven't heard gloom and doom from onr enstomers, and our receivables are fine." "Strangely enough, as the economy takes these ehallenging turns, people are reevalnating their business and how they do it," eommented Bob Pearee, vp, and DreaniF'it. "We are going to be maximizing the traffie we get vs. focusing ou expanding onr traffic." Overall. Pearee added, "Business is good and I'm still optimistic and hopefiil." HTT April 7, 2008 Rug Vendors at High Point Home Textiles Today ers. Even as the eeonomy remains sluggish {and unehangcd over the past six months), rug snppi iers are looking to their appointment books for the upcouiing High Point market event for signs of a silver lining. "Were setting np appointments already and it looks good 2 5 RUG MAKERS FROM RAGE 1 hy choiee or by accident. "There are so many shows now that hnyers have to pick and ehoose and they are spread thin," said Wendy Reiss, key aeeonnt manager for Somerset, N.J.-hased Kas Rngs. "Bnt High Point is still important to ns hecause it has the pnll from the furniture eompanies that are in High Point, N.C. We still see the major fnrnitnre store players and ser\ e many furnitnre aceonnts from there. We realty do have a prett\ good appointment list for this market." Added Steve Mazarakis, president of Brooklyn, N.Y.-hased Hellenic Rng Imports: "Even if High Point eventually hecomes a more regional market, which was already starting to happen in a way before Las Vegas started, the East Coast is home to two-thirds of the U.S. population — more people than the West Coast. That's why [High Point] will stay important." It's true some suppliers, like Shaw Living and others, have opted out of the show, not renewing showroom leases and refocnsing efforts on other emerging venues. But King's and Mazarakis" attitudes are not nnconnnon among many rug indnstry play- .so far," said Mazarakis. "Some of our majors are coming, even some from the West Coast." Hellenic has chosen High Point market as its stage to unveil its new Southern Living magazine-lieensed eolleetion, which eaters to a eustomer with traditional tastes, he said. Capel Inc., based in Troy, N . C , admits attendance might not he as strong as in the past, "but we find people who are eoming are hnying," said Allen Robertson, vp sales. "We're seeing bigger dealers who are bnying niore, hecanse there are fewer rug eompanies showing." Outdoor rngs are what High Point retail shoppers are buying from Fort Lee, N.J.-based Couristan, said Donielle Arabia, assistant direetor of advertising and marketing. "For us. High Point has definitely become a big opporhmit) in terms of capitalizing on onr outdoor living category," Arabia said. "Bnyers are making major pnrchases for ontdoor furniture at High Point, so it's a great place for ns to showcase onr produet assortment." Just as Couristan banks ou the ontdoor lifest>le trend, Surya and Coneord. N.H.-based Company C are turning to home textiles to beeome more relevant among furniture stores and answer their greater needs. Surya is using its newly expanded showroom to showease its rugs with matching throws, deeorative pillows and wall art in vignette settings for eomplete dc'cor presentations. Similarly, Company C is for the first time hranching ont into a new eategor\ — fabrics — to give its fnmiture dealer customers more decorating options. The 24-skn fahric program consists of eotton, cotton woven and eotton-aud-Iinen blended fabries that, like all of C>)mpany C's area rugs, fall nnder the company's Global, C^amp and Cottage, and Modem design themes. "We're doing it so people can have the eonijilcte Company C look," said Kristi Lefebvre, marketing manager, HTT problem of asthma, whieh now affects one in 15 .Americans, ae"The consumer eorcling to the .'\sthma and .Allergy reacts positively to PERFORMANCE I'ROM PACK 1 Foundation of America. (AAti'A). things that make "I thiuk \i\ just tlie hegiuiiing "If you're up at night, your nostheir lives easier." of a new generation of prodnct." ing is miming, eyes streaming — —BOB HICKMAN, lit' said. if you ean afford a produet that United Feather and Down Crow ing attention in the eon- deals with tliat, yon're going to sumeT press on the relationship of want to have it," said Marc Jason, sleep to health — aud the large ceo of Ixjndon Luxury, which rc- lots of stuff out there that crossnumbers of Americans who are eently reeei\-ed AM'A eertifieation es the line." sleep deprived — may be making of a line of Inxur)' allergen barriNot every performance prodconsumers more receptive to new er products. net is geared toward alleviating sleep-friendly products. Certifications are becoming allergy symptoms or proteeting "Wlien it eomes to sleep im- inereasingly important — and for against dust mites. In sheeting, pro\ement, I think the consum- retailers, understanding w hat d(K;s newer prodnets are using naner continues to gain awareness of and doesn't fly in temis of product oteeh that make them wrinklethe importanee of a good night's promises has ramifications beyond free, or special fibers that ensleep," said Boh Hiekman, vp of mere cn.stomer dissatisfaction. hance fit. In towels and bath sales and marketing at United "There are a lot of govern- rugs, manufaetiirers are eoming Feather and Down, whieh has in- ment guidelines and restrietions np with fast-dr\ingteehnologies trodneed a steady stream of perfor- about claims that can be made to both save eonsnmers time mance ntilitv bedding. 'The con- for these products," said Michael standing by the dr)'er and theresnuier reacts positively to things Gnidr\', vp produet management by helping cut energv' use. that make their lives easier." at American 'textiles, whieh has In this realm, simplicity of In addition to promoting been making barrier products for message is key, said Bob Hamilhealthy sleep, a variety of new years. "Some involve the EPA, ton, marketing direetor of Welsproducts address the growing some involve the FDA. There's pnn, whieh has introduced a se- ries of performance products for two years. "Dyson worked because he made a vacuum that simply worked better and he shonted it," said Hamilton. "Perhaps the best illustration |in home textiles] is w hat Target did in reinventing its sheet department, or as they ealled it, Sheet World. They selected single attributes and they ealled them out." In the fahrie arena, Snnbury's anti-mold, anti-mildew fabric technology converged with the indoor/outdoor living trend; the resnit is being lieensed to home textiles mannfaeturers snch as Textillery. "F'rom eight years ago when we had the license for high-end jaeqnard prodnets for Snnbrella, the business has developed into a substantial one, moving from the outdoors to indoor/outdoors to purely indoors," said Roeeo Simone. s\p Sunbury. "We're just getting started w ith sheers at good, better and best price points, and the acceptanee is fantastic." As performanee gains traetion at retail, suppliers are already looking to other areas for potential orders, especialK' hospitalit)'and medieal institutions CleanBrands. which has a line of bedding products certified by the AAFA, is running a test with a ehaiu of hotels in Canada, hi July, it will launch a partnership with JetBlue, which will offer ])assengers a small pillow w ith Heece blanket for S5. The set v\ ill be eneireled witli a belly band that also serves as a eoujion for $S off purehases made at a leading specialty- retailer. "Ihe art of eleanliness is sueh a strong trend, and the art of sleep preser\'ation is such a strong treud." said fomider Gar\ Coldberg, who got his start in the performance outerwear business. "The bed is the last bastion of health. This i.s kind of a collision of multiple events." HTT Resolve EXHIBITORS I ROM PAGE 1 Kastem Accents, "but we're getliiig a mixed niestiyge — more people are not attending, and that's because buying patterns may have ehanged." The eompany is offering more new product than last April, adding more expensi\'f and more affordable st} les to the mix, he added. M 'I'hief Ri\er Linen, "We will he emphasizing our eustoinized sourchig service for interior designers, espeeially in the model home and hospitaHt)' segments," said Linda Bentson, president. "I'm more excited about the potential for the market tliis week Ihan I have been in a long time. \ \ t ha\e sneh good new produet and it's right for the High Point customer," Bentson eommented, "even thongh I know attendance will he light hceaiise we sent ont lots of annonncements and heard back that inan\' aren't coming." Reflecting un the results of the earlier New York market, Ann Cisli, head of her namesake hedding company, said, "I thonght New York wonld he bad but it turned out OK. I know people will eome, and there are still people spending money." .•\t Southern lextiles, the eompain- will previeu its Pamela I_,anier collection created by the bed ,ind breakfast expert and market- Prodncts East Coast Is home to two-thirds oftheU.S. population... that's why [High Point] will stay Important." —STEVE MAZARAKIS, Hellenic Rug Imports