U.S. retailers could see sales in the 2009 holiday season decline from last year’s dismal results or show only a slight increase, even in the best scenario, according to a new forecast. Retail sales this holiday season are likely to range from up 1 percent to down 1 percent from last year, according to market research firm Global Hunter Securities LLC.
Last year’s sales showed a decline of 7.6 percent, the firm said, citing various sources.
The forecast, one of the earliest leading up to the key shopping season, takes into account the three-month period of Halloween on October 31, 2009 through January 31, 2010.
Last year, retailers faced the toughest season in nearly four decades as consumers hunkered down in the face of the Wall Street crisis and recession. As demand remains lackluster, retailers have cut inventory.
Lower inventory has become a mantra of sorts for retailers, and there is “little reason to believe that retailers would begin to order goods more enthusiastically,” said Richard Hastings, consumer strategist at Global Hunter Securities. SEATTLE (Reuters)
German product designer Konstantin Grcic is curating the Serpentine Gallery’s first-ever exhibition devoted to contemporary design.
Grcic is putting together the Design Real exhibition, which will run at the west London gallery from 26 November to 7 February 2010.
The show will focus on what the organisers term ‘real’ objects – products that are currently in production, have a practical function in real life and are available to buy.
It will also feature a ‘research space’ designed by Grcic, where visitors will be able to investigate the origins and applications of the products on view.
We’ve been spotting lots of great examples of bicycle customisation, so we thought we’d share a few images from our latest report with you. Coloured panels are a key trend, baskets and bells are also highly customisable. With an expected increase in sales of cycles in the UK for 2010 (bike sales are reportedly up 50% in 2009 due to the recession), we’re finding evidence of lots of unmet needs for cycling, particularly for women’s bikes. As more people engage in the Bike To Work scheme (the UK government gives a tax reduction of up to 45%), and with more accessible inner city cycle routes proposed in the near future, we think this is just the tip of the iceberg. Talk to us if you think you need to know how this trend will affect your brand.
We have been talking about the ‘iPod effect’ hitting areas like kids toys and kitchen gadgets, but we particularly like how white reinvents bicycles and gives new commercial appeal. Watch out for feminine touches here like lace effect laser cut plastics and rubbers being used for bike baskets.
Colour is key for bikes- particularly zesty oranges and acid yellows. We also like the rainbow effects and coloured panels which add a personalised touch…and who wouldn’t want a crochet bike seat?
Here at Trend Bible we’ve been talking about positive messaging and graffiti for a while now, and we love these examples that have started filtering through into textiles and interior products. Remember, the more hand crafted the better, so watch out for felt tip pens, typewriter fonts and traditional textile embellishments like cross-stitch embroidery. A good dollop of humour goes a long way here too, so take the opportunity to write cheeky messages on your products and cheer up your customers! Hello Joey Cushion by Ashley Thomas, Bath Towels by BHS, Tweet Message by Tweet Stitch.
We’ve been spotting lots of references to maps whilst researching our Spring Summer 2011 trends for home interiors. We particularly love the map print fabric by Liberty and of course our own customised Ikea stools covered in vintage maps! We also made little map rosettes decorated with vintage buttons- watch out for them in our Voyager trend in our Lifestyle Trends for the Home book for Spring Summer 2011, published in September 2009. We’ve included a couple of links below to some other interesting map ideas. Plate by Seletti, map fabric by Liberty.
We first spotted Faye’s work at the New Designers show in London and have been featuring her in our Trend Bible publications ever since. Faye is a contemporary textile artist and illustrator creating subversive pieces or craft and art- we love her tongue-in-cheek take on classic tableware featuring the royal family. See more of her work at http://fayepower.blogspot.com.