Hardware Cologne

Hardware Cologne » Outlook

Cologne 2014 International Hardware Fair: Final Round-Up

Impressionen_Eisenwarenmesse

 

This year’s Cologne International Hardware Fair saw 2,783 exhibitors from 53 countries and some 50,000 trade visitors from 136 lands, once again confirming the position of this event as the world’s top location for the hardware industries and associated innovators. Commenting on the positive trends with respect to both the quality and quantity of exhibitors and visitors, the chief executive of the Cologne Fair Katharina C. Hamma said: “We are absolutely delighted that this year, the supply-side grew by 4.5 percent in comparison with the previous event. In addition, the number of trade visitors remained stable and enjoyed a wider international mix.” read more…

Market Studies: DIY High Street Blues

 

Internet sales of home improvement products are on the up and up. A recent market study by Suberg Strategy Consultants of Munich indicates that on-line sales of home improvement products will rise from their present five percent to around 20 percent by 2020, and concludes that this must result in a massive reduction in the provision of unprofitable retail floor space. read more…

Quality with Esteem

 

“The social and ecological dimension is now of increasing importance for business; and that is how it should be!” So said Albrecht Hornbach in his address to the recent 2011 International Building Materials Congress. The board chairman of Hornbach Holding AG was speaking on the subject of ‘Sustainability in the DIY retail business’, using his own company as an example and followed by the audience with great attention. His half-hour speech focused on the fact that the manner in which companies carry on their business, is an item of increasing public interest and concern. Business, he said, is at present in the midst of a ‘moral acceptance crisis’. read more…

Tools Industry 2011: Export-Driven

 

In 2010 the value of German tool sales reached 3.4 billion Euros, a respectable 25 percent increase on the previous year. In the first half of 2011 sales increased by 16.8 percent. The FWI Association of German Toolmakers (Fachverband Werkzeugindustrie e.V.) emphasises that for many years healthy sales have been considerably bolstered by exports, and that growth in two figures is nothing unusual. The Association says that one reason is the high reputation for quality enjoyed by tools ‘Made in Germany’; also the steady investment made by firms in new products and efficient internal company processes. Rainer Langelüddecke is chief executive of the FWI: “Firms did their homework during the last crisis and the following period.” read more…