Las Vegas Review-Journal
LOSING THEIR VERY SOLES
Crowds sparse at twice-a-year shoe convention
Sparse foot traffic this week in the Las Vegas Convention Center suggests fewer people than usual made tracks to town for one of the shoe
industry's biggest conventions.
Thanks to an economic kick in the shins from increased
manufacturing costs and decreased consumer spending, folks flogging footwear
this week at the World Shoe Association Show say it's unlikely the 35,000 or so
people who typically attend the semiannual event made the trip this time.
People who did make it say they weren't surprised attendance is down because manufacturers and retail buyers - especially small, specialty
companies - are finding it hard to make ends meet.
"Customers owe money to their suppliers. They don't
want to run into them," said Neal Marks of Hazan Shoes Inc., maker of
affordable, stylized dress shoes sold in stores such as Mastroianni Fashion in
the Las Vegas Valley.
Marks said he has attended the show regularly for about 20
years and expected fewer people would make the trip to Las Vegas for the event,
which ran Monday through Wednesday at the convention center and The Venetian.
"The little guy is not here," said Marks, who
estimated it cost his company about $20,000 for space, hardware and other
expenses related to exhibiting at the show.
Others suspect larger firms are cutting costs by sending
fewer people to conventions. If that's the case, shoe manufacturers might still
write enough orders to make the show a success, but there will be fewer people
spending on hotel rooms, restaurant meals and other building blocks of the Las Vegas economy.
"It only takes a couple of orders to pan through and a
slow show becomes a great show," said Ken Struss, West Coast sales representative for Goorin Bros. Inc., a San Francisco-based retailer.
Struss was pushing products from Goorin's 1333 Minna brand,
a line of hats styled by artists and aimed at younger buyers. In Las Vegas, the line is available at Stash Clothing stores, he said. "For the big guys
it is status quo," Struss said. "For the other, smaller, exhibitors
it seems to be pretty slow."
It isn't just the shoes, either.
Through May, the number of convention visitors to Las Vegas is flat compared to 2007 at about 3.3 million. But the number of conventions and
trade shows is down almost 3 percent and the amount of money conventioneers
spend in Las Vegas is down nearly 5 percent.
"Flat is good in this type of economy," said Chris
Meyer, vice president of convention sales for the Las Vegas Convention and
Visitors Authority.
The authority, which runs the convention center and boosts
conventions at resorts throughout Las Vegas, is trying to juice attendance with
increased marketing.