NEW YORK–HFN’s 2010 State of the Industry Report—the only all-encompassing statistical source on home furnishings data—has been released and is now available for free online at our Web site, hfnmag.com.
The 2010 report is presented online by the New York International Gift Fair.
The report, also included in the April print edition of HFN, features category-by-category breakdowns for all major home furnishings classifications and includes channel of distribution information for specific industry products.
It shows that the home business had a very tough year in 2009 with only the housewares segment escaping unprecedented downturns in business—and even that category was in the red for the year.
For the first time, HFN is including share of market results for online sales which have grown into a significant business across the home furnishings spectrum.