6 Oct 22 | CET: 06:40 PM -
6 Oct 22 | CET: 07:00 PM
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Only 55 companies have remained on the Fortune 500 list continuously since its inception in 1955. In that year, GM was the biggest company in the world. 70 or so years later, Wal-Mart, a discount store, is the biggest, while GM filed for bankruptcy in 2009. A generation ago, a “Kodak moment” referred to a picture-worthy moment. Today, it is widely used to describe companies that failed to adapt to market disruptions. Clearly, companies need to innovate their products and business models to survive.
Made4DIY, the Association of Italian Manufacturers, is pleased to present Briconight, an event dedicated to the Home & Garden LD business operators. The focus of the conference will be on trends of the Large Distribution channel for manufacturers and retailers operating in the Brico - DIY sector.
In addition to a number of trends that have been shaping demand for homewares in the region over the past few years, pandemic and post-pandemic recovery have further unlocked opportunities and challenges for the industry.
Looking ahead to the future of home improvement and gardening sales, demand drivers in 2021 have created a solid uplift for the year. The biggest driver of this is the demographic shift with more Millennials entering the market. This looks to be a lasting influence across countries. That said, inflation and a vicious cycle of shortages and supply disruptions are expected to be a limiting factor in 2022.
The pandemic fundamentally changed our relationship with the home. With home sizes trending smaller and with a myriad of activities expected to continue at home, the future home will be designed with the versatility of space in mind. Being able to…
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