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Gifts & Dec Direct
















 

 
 
Here's the news for the week of February 4, 2008.
 
 
Sign up for Double Take

Look for Double Take New York  in your mailbox next week for a second look at the New York market, including a host of new products and special insight from Gifts & Dec editors about what's trending. But you must "opt in" to continue receiving Double Take, and all market reports. Don't take a chance on missing a single piece of market news — CLICK HERE and opt in NOW. Gifts & Dec brings the market to your desktop: the next best thing to being there yourself.
 

Agenda set for Kids Today’s 8th annual conference

The 8th Annual Kids Today conference, Playing for Keeps, will be held March 4-6 in Savannah, Ga. If you’re a retailer, manufacturer or supplier in the juvenile/youth industry you need to be there to find out how to better reach your customers, harness the power of the media, build a successful brand and tap into the consumer psyche. Learn what the next generation of retailers has up their sleeve and find out how other companies have grown their businesses!
 
Registration is open online now at www.kidstodayonline.com or by calling 336-605-1066.
 
Special Offer!
All Baby and Child Inc., the parent company of the ABC Show, is sponsoring attendance at the Kids Today Conference. ABC will pay the registration fee for all independent juvenile retailers planning to attend until the conference is sold out!
 
In This Week's Issue:
1. Fortunoff Files Chapter 11
2. Plans Set for Latin American Trade Mart
3. Confidence Down
4. Bid Lowered
5. Looking to Ramp Up UK Ops?
6. National and International Market Runups
7. Direct From Market and Double Take
8. Your 2 Cents Worth
 
 
1. Fortunoff Files Chapter 11
Westbury, NY -- On the heels of filing a voluntary Chapter 11 petition this week, Fortunoff, a high end gift, decorative accessories, home furnishings and jewelry retailer, agreed to sell its business to an affiliate of NRDC Equity Partners, which has major ownership stakes in Lord & Taylor and Linens 'n Things. <<Click to Continue>>
 
2. Plans Set for Latin American Trade Mart
Dallas — Market Center Management Company (MCMC) has agreed to develop and manage the Latin American Trade Mart, a 2.5 million-square-foot trade complex scheduled to open in 2011. The facility may be the first wholesale marketplace in South America to serve both international and domestic markets. <<Click to Continue>>
 
 
3. Confidence Down
New York – Consumer confidence, which showed some bounce in December, slipped back in January, according to The Conference Board. <<Click to Continue>>
 
4. Bid Lowered
Corte Madera, CA — In the face of its falling performance, even during the fourth quarter holiday season, Restoration Hardware accepted a lower bid for its retail operation by Greenwich, CT-based equity firm Catterton Partners. <<Click to Continue>>
 
 
5.Looking to Ramp Up UK Ops?
Princeton, NJ — International trade specialists Adam Ash and Susan Fairley are pooling their experience, forming White Pebble Intl. to help US companies establish and expand U.K. operations. The new company will handle logistics, administrative, back office, sales management and marketing support for the giftware, home accents, jewelry/fashion accessories, lawn and garden, and pet products industries, and will handle freight consolidation as well. Additionally, White Pebble will guarantee a currency exchange rate six months in the future. <<Click to Continue>>
 
6. National and International Market Runups
The market season may seem to be winding down, but there is still more activity ahead. Besure to check the "Market Previews" section under the Gift Markets tab at giftsanddec.com for weekly Market Runup reports. <<Click to Continue>>
 
7. National and International Market Runups
Look for market reports from all the major markets so far this season. Click on "Newsletters" in the tool bar at giftsanddec.com and find Direct From Market and market Double Take reports.
 
8. Your 2 Cents Worth
Uh-oh again. It appears buyers were really not too impressed with market offerings so far this season -- even less impressed than they were last week, as a matter of fact, when over 30 percent of poll respondents to the question asking "which category seems to have the freshest product," answered with "wake me when it's over." This week, 44.44 percent answered with "z-z-z-z-z...." Meanwhile, there was support for some of the categories in last weeks poll. Stationery received 25 percent of the votes, while jewelry received over 11 percent and men received nearly 3 percent. Pet accessories and plush each garnered 8.33 percent of the vote, while the tween category received no votes whatsoever.

Guess we had better change the subject! Click here to find out the new subject and vote.

To comment on polls or to suggest poll topics, contact mweiskott@reedbusiness.com.
 
 
 
For daily news updates visit www.GiftsandDec.com.
 

That's all for now. We'll be with you again next week.

Maria Weiskott, Editor In Chief
Matthew Kalash, Managing Editor

 
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