New York–AccessoriesTheShow officials report a robust May market with a current 4% increase in two day attendance in comparison to May 2009. The show has also been experiencing a strong international retail draw with 44 countries attending at the close of day two; the show ends today at 4 p.m.
A strong presence of prominent retailers coupled with a well-merchandised show floor and a fresh, new design theme has proven to be the formula for success, says Stacy Samet, director of sales.
“It is all about newness at AccessoriesTheShow. Retailers are searching for new and exciting collections and/or pieces that allow their stores to stand out from the crowd, which is why our DesignerLab section of the show has been so popular,” says Stacy Samet. “Our DesignerLab section consists of ‘green’ designers who are brand new to the industry. AccessoriesTheShow supports these new designers by creating a designated section to spotlight this new talent and buyers are embracing this section.” Other categories that are especially strong during this May market are scarves, big, bold rings, leg wear, and anything flowers.
The next AccessoriesTheShow is August 1 to 3 at the Javits Convention Center, followed by the Las Vegas show on August 16 to 18 at the Venetian Resort and Casino.
April Retail Sales Look Promising
The more optimistic atmosphere at the New York market coincides with what market analysts believe will be continued sales increases for retail overall. Although final April retail sales figures are pending, market analysts expect that same-store sales in March to April combined period may rise 5.4%, up from a 4% gain in February and a 3.3% rise in January.
“Retailing is contagious for the consumer. If they start to spend, they continue to spend. Nothing’s really happened in April that has been so negative that the consumer is going to disappear,” says NPD Group chief analyst Marshal Cohen.
Cohen said, however, that April could be a mixed bag for individual retailers, with some enjoying a spillover effect from March, while others do not see shoppers returning after the early Easter.