March Currency Outlook
In their March 2019 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief The USD recovered about half of its January losses in February, increasing .7% The Brazilian Real and South African Rand sank dramatically The Australian and New Zealand Dollars […]
Global Year-End Results
In a summary of 2018 year-end results and 2019 projections, four of IHA’s global partners give members an update of what happened in 2018 in their markets of responsibility as well as some indicators of what 2019 holds: Canada Based on conversations with retailers across the country, the 2018 holiday season in Canada was ‘okay’ or […]
Global Retail Intelligence – February
To follow is a brief review of retail news from around the world: February 19 – Co-op UK Expands Through Franchise Program Co-op UK will offer independent retailers the opportunity to become a part of the brand as it aims to expand beyond the plan to launch around 100 new stores in 2019. From European […]
2019 Currency Outlook
2019: Currency Outlook report In their 2019 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief The Fed kept with the plan of raising interest rates four times, thus raising the USD by 3.4% Cryptocurrencies fell dramatically as did regular equity […]
IBC: Closing Out 2018 and Looking Forward to 2019
Another year has come to a close and IHA is looking forward to 2019! We thank our IBC members for your support and participation throughout the year. Healthy retail sales numbers reported during the holiday season have capped off a successful year in the home and housewares industry. In 2018, the International Housewares Association, through […]
Global Retail Intelligence – January
To follow is a brief review of retail news from around the world: January 15 – Ahold Delhaize to Open Additional Outlets in Belgium In addition to opening 200 new Fresh Atelier and Shop&Go stores, announced in late October, the group plans to add 100 new supermarkets (SM, AD or Proxy) and 30 to 50 […]
Euromonitor International Presents: Global Economy in 2019
In their recent webinar, Global Economy in 2019, Euromonitor International suggests that the growth momentum in many of the top world economies may have peaked and that there is an expectation of growth to weaken in developed economies in 2019. Euromonitor anticipates that emerging economies, including China, India, Brazil, Mexico and Russia have an estimated […]
December Currency Outlook
In their December 2018 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief The Fed has hinted at slowing the pace of interest rate hikes, thus slowing the momentum of the USD Despite pressure on the USD, consistent economic data kept […]
A Tariff Update: Initial Implications of the “90-Day Hold”
90-Day Hold on Tariffs: Housewares Update China and the United States held high-level trade talks at the G20 in Argentina and although many of the details are unknown or being debated, the decision to halt additional tariffs is a welcome development to housewares manufacturers and retailers. The planned increase to “List 3” tariffs from the current […]
IHA Trade Mission Will Explore Japan and South Korea Markets
Two important housewares markets are next for the IHA’s Trade Mission program as the plan to visit Tokyo and Seoul in June of 2019 is announced. Housewares suppliers interested in starting or building existing business in the home and housewares markets in the region can meet with key retailers and distributors and learn about the […]
