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January 17, 2013
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News for and about the housewares industry

  Industry Update 
  • India may move on IKEA's proposal next week
    On Monday, India's Foreign Investment Promotion Board will consider IKEA's $2 billion proposal to open stores there, an official said Wednesday. The board initially approved the petition in November, but IKEA objected to conditions that would have precluded it from selling its full inventory, including prepared food. The Wall Street Journal (1/16) LinkedInFacebookTwitterEmail this Story
  Trends & Innovations 
  • Slow-cookers get a modern makeover
    Advances in technology and available recipes for use in slow cookers have helped increase the popularity of the countertop appliance. Many modern slow cookers feature see-through lids, adjustable temperature settings and dishwasher-safe cooking pots. The Plain Dealer (Cleveland) (1/16) LinkedInFacebookTwitterEmail this Story
  Retail News 
  • Stimulus plan helps drive China home appliance sales
    Chinese authorities’ stimulus program to help increase sales of appliances in the country’s rural areas resulted in a 22.6% increase in 2012, according to figures released by the Ministry of Commerce. Color televisions, refrigerators, air-conditioners and water heaters were the top-selling appliances, accounting for 83% of sales. ApplianceMagazine.com (1/16) LinkedInFacebookTwitterEmail this Story
  Finance & Policy 
  • Fed officials concerned about overheated markets
    Officials with the Federal Reserve are starting to express concern that the bank's low-interest policies are overheating the market for some investments, including bonds, agricultural land and leveraged loans. Chairman Ben Bernanke said the Fed must "pay very close attention to the costs and the risks" of the policies it backs. Bloomberg (1/17) LinkedInFacebookTwitterEmail this Story
  IHA News 
  • James Beard chefs take spotlight at HCF gala
    James Beard Award-winning chefs Hugh Acheson, Rick Bayless, Sarah Grueneberg, Emily Luchetti, Maricel Presilla and Jacques Torres will create their culinary specialties for dinner at the Housewares Charity Foundation (HCF) 16th annual gala dinner March 4 during the International Home + Housewares Show. The gala will honor two industry veterans for their philanthropy: Kathryn Bufano, president and chief merchandising officer of Belk, and Keith Jaffee of O2 Cool, with proceeds benefiting The Breast Cancer Research Foundation and two Hurricane Sandy relief organizations. Learn more. LinkedInFacebookTwitterEmail this Story
  • Tom Mirabile to discuss the top trends for 2013
    Today's consumer is often a study in contrasts. They want high design, but not too over-the-top. They crave innovation, but not at the expense of familiarity. These consumer expectations and other will be the focus of "Top Trends for 2013: Staying Relevant to the Unpredictable Consumer" on Monday, March 4, at the 2013 International Home + Housewares Show. Presented by Tom Mirabile, IHA's lifestyle trend forecaster and senior vice president of global trend and design at Lifetime Brands, the program begins at 7:30 a.m. and is open to all Show attendees. Learn more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Admiration is a very short-lived passion that immediately decays upon growing familiar with its object; unless it be still fed with fresh discoveries, and kept alive by a perpetual succession of miracles rising into view."
--Joseph Addison,
British writer and politician


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