Las Vegas Market Intensifies Furniture Leasing Activity

Furniture World News Desk on 12/10/2017

Las Vegas Market announced recently that furniture leasing activity continues to grow, with more than 30 new, expanded and renewed showrooms – representing a combined total of more than 190,000 square feet confirmed for the Winter 2018 Las Vegas Market, January 28-February 1, 2018.

“Las Vegas Market continues to occupy a dominant position within the furniture industry, offering unparalleled access to a large and well-established furniture buyer base,” said Scott Eckman, President of Furniture & Home Décor Leasing, Chief Strategy Officer, International Market Centers. “The Market also attracts a unique West Coast buyer base as 90% of the buyers who come to Las Vegas Market do not attend High Point Market. Additionally, interior designer attendance continues to grow as well.”

Eckman said that the diversity of product lines in the furniture, home décor and gift categories is attracting new buyers, and subsequently, new exhibitors.

Las Vegas Market Intensifies Furniture Leasing“As Las Vegas Market continues to expand its buyer audience, furniture and bedding leasing efforts are also intensifying with existing tenants expanding and renewing showroom commitments, and more newcomers joining the Market for the first time,” he said.

Eight Newcomers Opening Showrooms at Winter Market
Eight new-to-Market furniture resources are opening showrooms in Las Vegas for the first time at Winter Market. Aria Designs, (upholstery, leather, accent furniture) in 2,686 square feet on A10; CBD Furniture, (upholstery, bedding, mattresses) in 5,090 square feet on B8; Dimplex North America, (media consoles, electric fireplaces) in 2,795 square feet on A10; Logicdata, (motion furniture hardware and software) in 2,061 square feet on B9; Nest Home Collections, (case goods, accessories) in 2,604 square feet B1; Serveco, (furniture protection, cleaning) in 402 square feet on A9; and Vilo Home, (case goods, accessories) in 3,813 square feet on B12. Previously announced Bernards Furniture and Bauhaus Furniture Group (case goods, upholstery, furniture) will debut a new 10,000 square foot showroom on A7.

Manufacturers Expanding And/Or Relocating Showrooms for Winter Market
Six leading furniture and bedding firms are expanding their showrooms for Winter Market. Expansions include: Brandsource, (furniture, bedding) relocating to 998 square feet on A8; Casa Solutions, (bedding, mattresses) expanding to 2,338 square feet on A7; Corsicana, (mattresses) expanding to 10,000 square feet on B13; and Target Marketing Systems, (case goods, upholstery) expanding to 7,788 square feet on B8. In Building C, Customatic (bedding) and Mantua (bedding) are combining showrooms and expanding to 8,818 square feet on C14.

Showrooms Celebrating Winter Market Debuts
Three major furniture and bedding firms previewed showrooms in a soft launch at Summer Market and based on high success rates, are celebrating their Winter Market debuts in January; Cosmos, (case goods) expanding to 10,266 square feet on A7; Troels Denmark, (upholstery, accessories) in 2,463 square feet on B6; and Viscosoft, (bedding, accessories) in 474 square feet on A9.

Key Suppliers Renew
In addition to these new and expanding showrooms, eleven leading furniture suppliers recently renewed their Las Vegas Market showroom commitments. Four renewals in Building A are: 4 D Concepts, (case goods, casual and outdoor furniture) in 877 square feet on A7; Hekman/Howard Miller, (case goods, upholstery) in 9,649 square feet on A6; Intercon, (case goods) in 10,829 square feet on A5; and Leather Italia, (leather, upholstery) in 3,606 square feet on A10. Seven renewals in Building B include; Green Gables, (case goods, upholstery) in 3,884 square feet on B1; Hollywood Bed (bedding, mattress) on B9; Nationwide Marketing in 7492 square feet on B8; South Bay, (bedding) in 2,279 square feet on B9; ergomotion/Softide, (bedding) in 5,700 square feet on B9; Tvilum, (case goods, upholstery, casual) in 3,122 square feet on B6; and Wholesale Interiors/Baxton, (case goods, upholstery, accessories) in 4,271 square feet on B7.

As previously announced, in addition to these expansions and renewals for winter 2018, Cheers/Man Wah is relocating and doubling its showroom size to 40,000 square feet on B5; Furniture of America is expanding its showroom space by 250% and unveiling a new 70,000-square-foot-location on B14; Vanguard Furniture celebrates its winter Market debut with a new, 3,250-square-foot showroom on A1; and La-Z-Boy Casegoods/England (American Drew, Hammary/Kincaid) is expanding to 28,648 square feet on B5.

Las Vegas Market is the largest furniture market in the western United States, with more than 4 million square feet and 2,000+ furniture lines presented on 32 showroom floors, along with nearly 200 temporary exhibitors showcasing home furnishings on B2 and in The Pavilions at Las Vegas Market. In addition to key furniture categories, the Las Vegas Market is recognized as THE nation’s bedding market, with the top 14 producers represented, and as a growing resource for casual/outdoor furniture following its 2015 launch of two new, dedicated floors for the category. Key furniture categories presented at Las Vegas Market are: case goods, dining, upholstery, leather and casual/outdoor.

More about Las Vegas Market: Las Vegas Market is the nation’s fastest growing gift and home décor market and the leading furniture marketplace in the western U.S., presenting 4,000+ gift, home décor and furniture resources in an unrivaled market destination. Las Vegas Market features thousands of gift, furniture and home décor lines, allowing for cross-category commerce among these industries. The Winter 2018 Las Vegas Market runs January 28 to February 1, 2018. For more information, visit www.lasvegasmarket.com.

More about International Market Centers, L.P.: Las Vegas Market is produced by International Market Centers, L.P. (IMC), the world’s largest operator of premier showroom space for the furnishings, home décor and gift industries. International Market Centers owns and operates 12.2 million square feet of world-class exhibition space in High Point, N.C. and Las Vegas. IMC’s mission is to build and operate an innovative, sustainable, profitable and scalable platform for the furnishings, home décor and gift industries. For more information on IMC, visit http://imcenters.com/.