TSNN - Trade Show News Network

Following its initial announcement late last year, premium live experiences company Legends has completed the acquisition of live events and venue management company ASM Global. The finalized deal combines two leading premium live events companies while expanding Legends’ services portfolio and geographic reach across five continents. With this acquisition, ASM Global’s venue strategy and management capabilities will enhance Legends’ venue services portfolio with offerings including project conception and planning, venue development and management, content and event booking, revenue strategy, sales execution, omnichannel merchandising, and hospitality services. Read more here: https://lnkd.in/gknfbcNY #tradeshow #tradeshows #eventvenues #eventprofs

After 25 years of operating as a non-union hotel-resort and convention center, The Venetian Resort Las Vegas established a tentative agreement with CULINARY WORKERS UNION LOCAL 226 and Bartenders Union Local 165 on a new four-year contract covering more than 4,000 employees in the resorts’ food, beverage, housekeeping, bar, lounge, and bell departments. Reached on August 20, the milestone contract contains standard union protections including health care benefits, owners and successorship, access to Culinary education services and housing, legal, and pension funds, and includes language on increased worker security regarding sexual harassment, technology, and immigration, and a choice regarding health care benefits. Mirroring five-year Union contracts secured with other major Strip resorts last year, the agreement also includes a significant wage increase, workload reductions, daily room cleaning for guest room attendants, on-the-job worker safety protections, recall rights, and the right for unionized workers to support non-union restaurant workers seeking to unionize through picketing, leafleting, and other organizing activities. Read more here: https://lnkd.in/ezc-XamW #tradeshow #tradeshows #eventprofs #eventvenues

In the last month, TSNN has reported on the financials for a number of public companies in the trade show sector—including Emerald, Informa and Viad Corp—through the first half of 2024. Today on TSNN, we report on RELX, which owns independent event organizer RX Global. In its recent earnings release, the FTSE 100 Index company backed its full-year guidance after delivering revenue and profit growth in H1 2024. RELX CEO Erik Engstrom said, “Our improving long-term growth trajectory continues to be driven by the ongoing shift in business mix towards higher growth analytics and decision tools that deliver enhanced value to our customers across market segments.” Read our full analysis here: https://lnkd.in/gJ-GVtTA Want more news like this? Follow us on LinkedIn for daily news on the trade show sector and get the weekly news delivered to your inbox by subscribing here: https://lnkd.in/gNSRkWV4

U.S. resort and souvenir #tradeshow and conference producer RedlineXpo has added to its event portfolio with the launch of CARV (California Action Retailer + Venture) Expo, showcasing the latest surf, skate, bike, and outdoor retailers from across the country. Set for June 20-22, 2025, at the San Diego Convention Center, the new show will span more than 70,000 square feet and feature a wide range of manufacturers showcasing products from apparel and hard goods to wellness and more in a casual setting designed to foster connection and networking opportunities for buyers and sellers. Read more here: https://lnkd.in/ecBy3PZB San Diego Convention Center Corporation #tradeshows #eventprofs

The trade show industry has entered a phase of accelerated consolidation, marked by significant acquisitions of companies by the large corporations. Additionally, private equity firms are increasingly investing in the sector, driven by confidence in a return to pre-pandemic performance and a notable uptick in acquisition activity. In light of this, there is a growing concern that the focus may shift away from the core drivers of our industry—entrepreneurs who launch, innovate, and grow the shows of the future—and toward corporations primarily focused on growth by acquisition. So what does this mean for the future of the industry? In his latest thought leadership article for TSNN, "The Future of the Trade Show Industry – Are We In Danger of Losing Our Soul?," Douglas Emslie, former Tarsus Group CEO and chairman of Cuil Bay Capital, stresses the need for our industry to better support entrepreneurship in order to continue driving innovation in the trade show sector and ensure its future. Read it here: https://lnkd.in/ezfdGrUj #tradeshow #tradeshows #eventprofs

With 100,000 potential customers walking through the doors, how do you stand out from the crowd at a sports collectors convention? Four exhibitors—LUDEX, TikTok Shop, CGC Cards, and Dappz Sports—partnered with show management to sponsor an exclusive VIP Experience at the THE NATIONAL SPORTS COLLECTORS CONVENTION INC (NSCC) to capture attention in the $32.4 billion global sports memorabilia market, which is projected to increase at a compounded annual growth rate of 24.16% over the next decade, reaching $227.2 billion by 2032, according to a report by Market Decipher. Held July 24-28 in Cleveland, the 44th Annual NSCC drew collectors and hobbyists who walked and shopped the 500,000-square-foot exhibit hall at the I-X Center. To uncover more about an exclusive VIP experience at this year's event, TSNN's Danica Tormohlen spoke with Heather Denniston, co-founder and president of Ludex, who played a pivotal role in organizing the VIP lounge. 🔗 https://lnkd.in/gmD47uvP

People on the Move: Chris Nemchek has returned to the Specialty Food Association (SFA) as VP, Tradeshows. He oversees the Winter Fancy Food Show, which will return in January to Las Vegas, and the Summer Fancy Food Show, held annually in June at the Javits Center in New York. After working in various leadership positions at SFA from 1996 to 2018, Nemchek struck out on his own, serving as President of Coach Global Solutions. He served as GM of the Plant Based World Expo North America from September 2022 to December 2023. Nemchek officially started at SFA on Aug. 5. Please join us in congratulating Chris on his new role. Stay tuned for more in our next Monthly Trade Show Jobs Report.

A #sustainability team, or “Green Team,” is not just about reducing a company’s environmental footprint via creative solutions; it’s about integrating sustainability into the core of the business strategy. But how do you build an effective one that will get results? In their latest article for TSNN, Honeycomb Strategies shares a comprehensive framework for building and managing a high-impact Green Team: https://lnkd.in/eg6ykeWu #tradeshow #tradeshows #eventprofs

Next year, Informa Markets - Engineering, is launching the inaugural Sustainable Manufacturing Expo, a trade show and conference for sustainable industrial manufacturing. Set for Feb. 4-6 at the Anaheim Convention Center in California, the new event will collocate with IME West/MD&M West, joining other collocated manufacturing shows, including WestPack, Automation Technology (ATX) West, D&M West, and Plastec West. Read more here: https://lnkd.in/eCydMrFw #tradeshow #tradeshows #eventprofs

Emerald, which produces 140 annual trade shows and conferences annually, reported that overall revenues for the second quarter (Q2) were essentially flat, but the company saw an uptick of 3.3% in organic revenues over the same period last year. In Q2, Emerald produced a number of trade shows, including Outdoor Retailer in June in Salt Lake City, Couture in May in Las Vegas, Advertising Week Europe in May in London, Overland Expo West in May in Flagstaff, Ariz., and the ICFF - International Contemporary Furniture Fair Fair (ICCF) in May in New York—to name a few. The company also launched ClimaTech Live in June in Boston. Emerald President and CEO Hervé Sedky said: “We are pleased to report another quarter of solid growth in organic revenue and adjusted EBITDA, despite it being our seasonally smaller second quarter. The continued positive trends indicate that our customers continue to value the high return on investment of live events, evidenced by higher re-bookings along with sustained strength in pricing as we move through the year." Check out our deeper dive into the company's financial performance. 🔗 https://lnkd.in/g8FcNgJ9