Christmas may well be blocking the view for the moment, but Toy Fair season is well and truly on the horizon with 2020 just around the corner, and already Spring Fair is making moves to evolve its popular Birmingham show with its latest initiative.
The annual home and gift retail show is now set to launch a new international Sourcing sector as part of its ongoing commitment to “help retail buyers unearth the most inspired products for 2020.”
The sector had its first successful outing at Autumn Fair 2019 following investment from organisers Hyve Group. Ready for its full launch at Spring Fair 2020, it will now give buyers the chance to explore markets outside of the UK and make connections with manufacturers from around the world.
The launch arrives as Spring and Autumn Fair organisers, Hyve uncover statistics that suggest the global retail sourcing and procurement market is expected to grow by nearly 12 per cent over the next four years.
The showcase will welcome a host of toy manufacturers from a number of key markets, including China, India, South Korea and Ghana. Each will now have the opportunity to exhibit the best of their portfolio of products to buyers from across the UK’s £378bn retail market.
Exhibitors showcasing their merchandise in Spring Fair’s Sourcing sector will offer only the best and most on-trend products from around the globe.
Sourcing, based in Hall 18, will also look to inspire visitors with a roster of experts lined-up to speak at the hall’s dedicated Design and Sourcing Stage. Speakers will give insight-led talks on how visitors can get one-step ahead of market rivals in 2020 and beyond.
Charlie Cracknell, portfolio director at Spring and Autumn Fair, said: “Building on the success of our Sourcing offering at Autumn Fair, Spring Fair 2019 is on course to deliver even more opportunities for UK retailers to embrace international buying opportunities.
“Offering consumers good quality products at the right price is the basis for success in retail and with this new sourcing offering we’re hoping to help retailers explore new ways of delivering on this principle. It’s also an easier, cheaper and more effective sourcing platform for visitors by cutting out the hassle of travelling overseas, and a way to meet the UK and European retail market for manufacturers and suppliers.
“The UK retail sector is growing. The average annual growth in online retail sales is up to 17 per cent. In order to manage and maintain this growth, retailers need to be able to look further afield to make the best deals and build the strongest sourcing relationships.”
Spring Fair will run from February 2 to 6 at Birmingham’s National Exhibition Centre. Register to attend for free here: https://bit.ly/33X4nkE