5 Mar 23 | PT: 11:30 AM - 5 Mar 23 | PT: 12:20 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.
It is the world’s major event where retailers and manufacturers from the home improvement and garden centre industry have the opportunity for an exchange of views of current and future developments within the global market.
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.
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