GLOBAL DIY SUMMIT


SUMMIT HERALDS THE BEGINNING OF A NEW ERA


With just weeks to go until the biggest names from the top DIY companies in the world descend on Berlin for the fifth annual Global DIY Summit, DIY Week presents an at-a-glance look at the main focus topics up for discussion this year...


W ith the of DIY


world retail


facing constant evolution in the current marketplace,


this year’s Global DIY Summit, taking place at the Maritim Hotel, Berlin, on June 8-9, is delving into the future of home improvement. Presented by EDRA and Fediyma, this year’s main topics will centre around the following five themes – Market Update: Facing New Global Challenges; The Path to Self-Disruption: Co-operation with Start-ups; Garden: Great Business Opportunies; The Platform Era and a Global Economic and Political Overview.


Global Economic and Political Overview Here, discussion will centre around the impact of Britain’s vote to leave the EU, looking at economic data and financial market developments in the aftermath. With the global outlook for 2016/17 unsteady as a result of Brexit, speakers will take a look at what this means for the home improvement industry in particular. The topic will also discuss Donald Trump’s presidency. Speakers include Deloitte’s Michael Grampp. Mr Grampp is chief economist for Deloitte Switzerland and leads the research, communications and digital department. Research activities focuses on macroeconomic topics, financial services, manufacturing and consumer business


and on


cross-industry topics as innovation, automation and sharing economy.


6 DIY WEEK 26 MAY 2017 The Platform Era


This topic will look at how the big box stores are “losing their relevance” in the rise of e- and mobile-commerce, speciality, pop- up, small format and showrooms. With studies suggesting customers no longer want to shop anonymously in bigger stores, big box retail must shift its strategy away from competing on access and selection to staging “memorable customer experiences.” Speakers will address what home improvement retailers are changing in store to adapt to


The Path to Self-Disruption – Cooperation with Start-Ups With


digital disruption a “top-of- the-mind issue” in the c-suites of every industry, thousands of start- ups all over the world have disrupted markets in recent years, changing the mindsets of the major decision makers. Senior executives in traditional firms – particularly in the home improvement industry – are having to look over their shoulders, with far-sighted executives questioning how they can become the disruptors by creating a new


the European Union, which makes Brexit a “leap into the unknown.” Analysts forecast that after Brexit the EU will continue to be one of the world’s largest markets and the UK’s biggest trading partner. However, a key question still remains: What will happen to DIY businesses with UK connections, what could being out of the single market and customs union mean in day to day terms? What will be the real impact of Brexit on the home improvement industry? Speakers include CBI’s Josh


Hardie, KPMG’s Paul Martin and Omarr Aleem of Cleveland.


this new situation, and how they are competing in the digital era. Discussion will also concentrate on “platforms” as “cloud-based services comprising digitised business processes, data and infrastructure.” Businesses must “re-imagine themselves in terms of the experiences they want to provide, rather than the specific transactions or products they want to sell.” Speakers include Insight DIY’s Steve Collinge, Pro-Alliance’s Biren van Herck and Paul Moers of Strat. Mkt. Services.


digital business. DIY companies are faced with the prospect of having to transform their traditional business culture and work with competent start-ups to respond to their own digital transformation journey. Speakers on this fascinating topic include Trendwatcher’s Richard van Hooijdonk and Peter Rosseel of Mgmt.


Market Update – Facing New Global Challenges


It is highly uncertain what the UK’s future will look like outside


Garden – Great Business Opportunities Garden centres have become a large part of the retail landscape. In Germany, for example, sales from the gardening departments in DIY retail stores represent 25% of their total turnover. Moreover, British consumers spend on average £5 billion a year in domestic garden centres. Analysts predict a rosy future for the gardening market in North America and Europe due to a fast growth in private home owning, older and more affluent populations, and good economic prospects. Speaking on this topic are David Domoney, Karcher’s Christian May and Sebastian Gundel of OBI.


For more information on the Summit, visit diysummit.org. DIY Week will be tweeting live from the event at @DIYFiona, and full coverage of the Summit will appear online and in upcoming issues of DIY Week.


www.diyweek.net


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