COMMENT
December 2023
www.diyweek.net
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© 2023 Datateam Business Media Ltd. DIY Week incorporates Decor Retailing, DIY Retail Leaders, DIY Superstore, Do-It-Yourself Retailing, Domestic Electrical Appliances, Excellence In Garden Retailing, Excellence In Woodcare Retailing, Excellence In Timber Retailing, Excellence In Tile Retailing, Garden Retail Leaders, Garden Retailing, Hardware Merchandiser, Hardware Trade Journal, Homecentre, Home Storage Retailing, The Ironmonger, Ironmongery & Hardware, Lighting, Martineau & Smith’s Monthly Circular, Mercantile Guardian, Superstore Management, Tools Retailing, and Wholesale Leaders. No part of this publication may be reproduced by any means without prior written permission from the publishers. Every effort is made to ensure the accuracy of material published in DIY Week. However, Datateam Business Media Ltd will not be liable for any inaccuracies. The views expressed by contributors are not necessarily those of the editor or publishers. DIY Week is registered at Stationers’ Hall. ISSN 0954-8823. DIY Week is printed on environmentally friendly paper; both text paper and cover stock are elementary chlorine free and sourced from paper suppliers with a well planned environmental policy. This issue of DIY Week includes some editorial photographs provided and paid for by suppliers. Printed by Buxton Press.
In This Issue...
Founded in 1874 No 5,919 -
Focus on the future
As we approach the end of one year and the start of another, it provides the chance to reflect on the challenges and achievements of the last twelve months and also focus on the future. Supply chain issues and economic uncertainty caused by the current geopolitical problems, including the ongoing war in Ukraine and conflict in Gaza, continued to affect business for much of the last year. Increased inflation and the resulting rise in interest rates put a further squeeze on public finances that were already under pressure from the cost of living crisis. This caused a dramatic slow down in the housing market for the first half of 2023, but there are signs of this easing as we approach the start of 2024.
Our industry has already demonstrated its resilience over the last few years, coping with one crisis after another, so this was just another selection from the catalogue of disasters we’ve had to deal with. Looking for some positives amongst the turmoil and I’m pleased to say that the DIY market continues to thrive, with most of the major players reporting increased revenue and profits this year. So it seems the boost received during the pandemic, coupled with homeowners choosing to maintain, update, and improve rather than move, is helping to continue the industry’s positive momentum. We will be celebrating this resilience, innovation and success at the 2024 DIY Week Awards, as we recognise and
reward all those who have achieved so much in the face of adversity, thanks to their inventiveness, passion and hard work. You can learn more online at
www.diyweekawards.co.uk and on page 6 of this issue. Next month we’ll have more details about the judging panels and other plans for what looks set to be an even bigger and better awards in 2024.
Neil Mead, Editorial Director
P4 / NEWS
The latest headlines and breaking news from across the home improvement and garden sectors
P8 / INTERIOR DESIGN
Colourtrend has revealed some of the hottest hues for the new season in its latest Colour Edit
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Published by P19 / DECORATING
Sam Greig, Interior designer with furniture brand Swoon, unveils the trends that he doesn’t want to see in 2024
P23 / HOUSEWARES
Spring Fair puts thousands of new products across home, gift and fashion at the forefront of UK retail
dktools.com
www.diyweek.net DECEMBER 2023 DIY WEEK 3
https://www.dktools.com/gateway-page/
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