Mar 6, 2011
N.Y. Gift Fair Puts Rising Consumer Confidence On DisplayBy Jane L. LevereDailyFinance.com

Gift-buying trends revealed at last month’s New York International Gift Fair underscore consumers’ ongoing focus on value, but also a possible upswing in their confidence.

Dorothy Belshaw, senior vice president of GLM — which has owned and operated the gift fair since 1924 — says purchasers of gifts today are seeking “a longer-lasting impact on the recipient. They want the gift to deliver quality, value and meaning. This can be for jewelry, tabletop, home furnishings.”

The gifts, she adds, “do not have to be at a high price-point. Consumers want to feel good about what they’re giving, and they want the recipient to feel good about receiving it.”

Belshaw says she was happy to see “a lot of color coming back” to the semi-annual fair, which was held at Manhattan’s Jacob K. Javits Convention Center and featured some 2,800 suppliers of home, lifestyle and gift merchandise, who showed over 100,000 product lines.

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