To enhance visitor experience and increase buyer participation, International Market Centers said it will launch a three-year, $280 million investment in new initiatives to enhance its market participation in Atlanta, High Point and Las Vegas.
At its quarterly board meeting during the Fall High Point Market, the High Point Market Authority recognized outgoing members of its board of directors for their service to the organization.
International Market Centers is acquiring the Atlanta Decorative Arts Center, a design facility housing the Southeast’s largest collection of luxury furnishings for residential, hospitality and commercial applications.
Buyers from the U.S. and around the globe attending the summer Las Vegas Market had 54 new permanent showrooms, several major expansions, nearly 150 new-to-market exhibitors and numerous show-only specials to engage them with product introductions, trending designs and West Coast exclusives, said show host International Market Centers.
Las Vegas Market and ASD Market Week will continue their “Two for Tuesday” program as a buyer benefit for attendees of each event.
The Las Vegas Market will host the eighth annual Up on the Roof gala charity event benefiting Gift For Life, the charitable organization for the gift, stationery and home décor industries, on Monday, July 30, during the summer Las Vegas Market, July 29 to August 2.
Trade show operators International Market Centers and AmericasMart have entered into a merger agreement.
International Market Centers has formed a partnership with the city of Las Vegas that will result in the construction of a 350,000-square-foot Expo Center on the IMC-operated World Market Center campus which will provide temporary space for the established twice-yearly furniture, gift and home decor show as well as the basis of, potentially, new permanent showroom space.
Blackstone’s funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities have completed the acquisition of International Market Centers from Bain Capital Private Equity and funds managed by Oaktree Capital Management.
For the Spring High Point Market, International Market Centers has added new exhibitors at its Main Street Properties, which include Furniture Plaza, Plaza Suites and the National Furniture Mart.
As part of its exhibitor lineup, the Winter Las Vegas Market, scheduled for January 22 to 26, 2017, will include more than 132,000-square-feet of new showrooms, expansions and renewals signed on since the summer version of the show, according to event host International Market Centers.