For the past few months, the DIY Summit team have been closely monitoring the Global Covid-19 situation and assessing the best possible circumstances in which to hold the Global DIY Summit.
While EU Authorities implement and require the highest levels of medical measures and hygiene protocols for travel, the team feel that the delivery of the world-class international event will inevitably be impacted by such travel restrictions if it were to be held this year.
With this in mind, and following close consultation with event partners, key stakeholders and hosts, the decision to postpone the 8th Global DIY Summit by one year has been taken. The new dates for the 8th Global DIY Summit are 9 to 11 June 2021 and this event will be held at Bella Centre Copenhagen.
In order to continue offering this important and anticipated event for our industry, all tickets and sponsorships for the Global DIY Summit 2020 will automatically be valid for the rescheduled event. The ticket also includes access to a brand new online networking platform which will be launched this year in early October. This online service will allow all delegates and partners to attend online seminars, masterclasses, download studies, contact and schedule 1:1 video calls with other attendees, among other benefits.
With the entire area almost fully booked by the spring of 2020, and thus outstanding registration levels for spoga+gafa, the trade fair situation increasingly came to reflect the current developments around Covid-19 and the economic situation.
For this reason, the spoga+gafa team reassessed the overall situation together with the Advisory Board and decided that it was best to respond to the cancellations and wishes of a large number of industry exhibitors and visitors by suspending spoga+gafa 2020.
At the request of the industry, Koelnmesse have also permanently moved the date for spoga+gafa to the first half of the year. In future, this means that the largest garden lifestyle trade fair in the world will be held at a time more convenient for orders by large segments of the industry. In 2021, spoga+gafa will take place from 30 May to 1 June.
Arckland Sakamoto, a regional DIY chain in Japan, recently announced that it will make LIXIL Viva a wholly owned subsidiary of its company.
The integration, based on a spirit of equality, will result in a transition to a holding structure by the end of fiscal 2021. The holding company targets sales of JPY 500 billion and operating income of JPY 40 billion (operating margin: 8%) in 10 years.
In FY2020, LIXIL Viva posted sales of JPY 196.9 billion and Arckland posted sales of JPY 112.7 billion, therefore posting combined sales of JPY 309.6 billion, beating out Nafco, the fifth largest company in the Japanese DIY sector.
Following the integration there will be a total 138 stores – 38 Arckland stores and 100 LIXIL Viva stores. The two companies have little area overlap and are complementary, with the aim to become a leading company in the industry as a national market, rather than a regional chain.