Trade fair benefits from cautious consumers
26-Nov-09by Annie Byrne
Springboard Events, organiser of Scotland’s Trade Fair, is experiencing a surge in demand for the show’s jewellery and accessories area as the market continues to prosper in Scotland. While many retail sectors have dipped this year, the company which organises the January event on behalf of Clarion, says the jewellery and accessories market is thriving and more than a third of the show will be devoted to this sector. Director of Springboard Events Mark Saunders says: “We have seen that jewellery is one of the highest growth areas in gift and fashion retailing with a huge demand for stands. We’re currently five per cent ahead of where we were last year.” If the trend continues, the show is likely to be five to 10 per cent up next year. Saunder says a number of factors have contributed to the trend including the Scottish government’s campaign to attract visitors of Scottish ancestry to visit the country. This combined with the rise in domestic tourism this year and the weak pound against the dollar and the euro has encouraged greater tourism spend. Retailers are also finding that while less people are buying new clothes, they are prepared to spend on accessories, which take up less shelf space and have higher margins. Scotland’s Trade Fair runs 24-26 January at the SECC.