Pointing to the economy as the culprit, Cappiello Management decided to push back the date of its First Look Housewares Show to January 2010. The show’s debut had been slated for Jan. 8 to 10, 2009.
“The worsening economic conditions in the industry have made it too difficult for a significant number of both manufacturers and retailers to participate,” said Rob Cappiello, the show’s president.
Before the postponement, Cappiello Management had pointed to the need in the market for a housewares show to occur early enough in the year to give buyers and the rest of the industry an opportunity to begin product evaluation. The industry’s biggest show, the International Home and Housewares Show in Chicago, will take place March 22 to 24. The National Hardware Show, for which Rob Cappiello formerly served as director, includes a sizeable housewares component and will be held in early May.
The Chicago housewares show for many years was in January, Capiello noted. “For a very significant segment of the industry, January is better,” he said.
According to Cappiello, the goal of the First Look event would be to create a show of 100,000 square feet. By comparison, the Chicago housewares show floor measures about 750,000 square feet. “The idea isn’t to make this something that competes with the major events but allow buyers to get a first look at the new products,” he said.
Despite pulling the plug on the 2009 event, Cappiello continues to see a need for an event like First Look.
“Throughout this process it had become abundantly clear that the industry wants and needs an event in January, but today’s economic realities take precedent,” he said. “Rather than produce a show that is disappointing to the participants, we chose to put the show off until January of 2010.”