Vegas market will grow in scope
The organizers of the Las Vegas Market today announced an upcoming expansion of showroom space at the outset of its summer trade show at World Market Center.
The expansion, which will be completed a year from now for the summer 2015 market, will include the launch of two new showroom floors in Building C for boutique home décor, textiles and accessories, as well as gourmet housewares, tabletop and gifts. The expansion also will include the relocation of temporary exhibits from the floors on Building C for the new exhibition space “to a dedicated, free-standing venue,” according to World Market Center.
International Market Centers, the owner and operator of the Las Vegas Market, didn’t release an investment figure for the expansion.
The new permanent showrooms will feature approximately 90 high-end home décor, home textiles and accessories showrooms. By next summer, the Las Vegas Market will expand to feature about 100,000 net square feet of gift and home décor temporary exhibits, in addition to 34,500 square feet of temporary furniture exhibits.
“The strategic enhancements planned for summer 2015 represent the culmination of a three-year realignment and reimagining of Las Vegas Market …,” said Dorothy Belshaw, president of gift and home décor for International Market Centers.
This summer’s Las Vegas Market began Sunday and continues through Thursday.
When it was launched nearly 10 years ago, World Market Center was considered the biggest threat in decades to the High Point Market. The original owners of World Market Center intended to wrestle away major tenants from High Point and replace the city’s status as the world’s largest home furnishings trade show.
But the rivalry and bitterness between the High Point and Las Vegas markets quickly receded three years ago when International Market Centers bought all of the Las Vegas furniture trade show space, as well as the three major showrooms at the High Point Market.
Indeed, in its description of the Las Vegas Market, International Market Centers now bills it as the “leading furniture, home decor and gift marketplace in the western U.S.”
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