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Viewing by month: August 2009

The Wedding Industry vs. The Baby Industry...

The Wedding Industry vs. The Baby Industry... interesting, funny, and now you know why you will never sell some brides. http://bit.ly/82S1g


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Posted by Shane McMurray on 08/31/2009 at 12:16 AM
Categories: Wedding Industry News -

August 30, 2009 - Briefing, Now Available

This week we cover;

  • Final wedding numbers in for 2008
    • Review
    • Top 5 states with increase
    • Top 5 states with decreases
  • Monthly Indicators
    • Bridal bouquet
    • Wedding invitations
    • Wedding cake
    • Wedding Location - Same location vs. different
      • Same location
        • Location
        • Rentals (tent, table, chairs, etc.)
        • Food service
        • Bar service
        • All inclusive (location, rentals, food, bar)
      • Different locations
        • Ceremony location
        • Reception location
        • Reception rentals (tent, table, chairs, etc.)
        • Reception food service
        • Reception bar service
        • Reception all inclusive (location, rentals, food, bar)

http://bit.ly/zE701


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Posted by Shane McMurray on 08/30/2009 at 10:15 PM
Categories: The Wedding Report -

Stat of The Week 08/16/2009

Spending for Bridal Bouquet

Year Avg Spent
2008 $154
2009/Q1 $145
2009/Q2 $136

CHART IMAGE [Spending for Bridal Bouquet]

Source/s: Proprietary surveys

Posted by Shane McMurray on 08/18/2009 at 11:10 PM
Categories: The Wedding Report -

Wedding business is booming at Chaumette Winery

Some good news... The wedding business is booming at Chaumette Winery Genevieve, MO. http://bit.ly/PzHQV


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Posted by Shane McMurray on 08/16/2009 at 12:19 AM
Categories: Wedding Industry News -

The "Lipstick Effect" Is at Work

New Evidence that the "Lipstick Effect" Is at Work in this Recession for the luxury market... http://bit.ly/wcvC5


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Posted by Shane McMurray on 08/13/2009 at 8:24 AM
Categories: The Wedding Report -

Luxurious Galgorm Resort releases profit figures

Luxurious Galgorm Resort releases profit figures... Wedding sales look good for 2010, 2011. http://bit.ly/nKK3U


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Posted by Shane McMurray on 08/13/2009 at 8:24 AM
Categories: Wedding Industry News -

Industry News and Stat of The Week 08/09/2009

News and Other Items

Vendor Reported Trends Q2 2009 http://bit.ly/BMCJN

The Wedding Index has been update to show Q2 2009 industry changes http://bit.ly/zk20V

Thoughts on The Knot and Blue Nile Q2 earnings reports http://bit.ly/2MlBf4

New Fact: Spending and demand for new health and beauty items tracked in Q2 2009 http://bit.ly/3udNC

New Fact: Item cost data at U.S. level for 2005, 2006, 2007 - http://bit.ly/13fOaL

Cost of Wedding now has Marriage License information. Even better, you can add it to your website along with average cost and the cost tables of items in a category. Visit costofwedding.com, enter your business zip code, click “the add this content to your website”, and follow the instructions. http://bit.ly/1tmp4T

Stat of The Week

Spending for Bride Shoes


Year Avg Spent
2008 $94
2009/Q1 $91
2009/Q2 $83

CHART IMAGE [Spending for Bride Shoes]


Source/s: Proprietary surveys

August 9, 2009 - Briefing

This week we cover;

  • State of the Industry survey results
    • Current sales index
    • Average amount spent index
    • Couples getting married index
    • Sales expectations next 6 months index
    • Top vendor reported trends
  • Monthly indicators
    • Wedding dress spending – 06/09 to 07/09
    • Engagement ring spending – 06/09 to 07/09
    • Number of guests – 06/09 to 07/09
    • Destination weddings – 06/09 to 07/09
  • Recap

Click here to view the current Briefing: http://bit.ly/bEffs
(Platinum Only)

 


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Posted by Shane McMurray on 08/11/2009 at 12:00 AM
Categories: The Wedding Report - Wedding Industry News - Stat Of The Week -

Posted by Shane McMurray on 08/08/2009 at 7:20 PM
Categories: Wedding Industry News -

Wedding Index updated Q2 2009

The Wedding Index has been update to show Q2 2009 industry changes. http://bit.ly/zk20V


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Posted by Shane McMurray on 08/08/2009 at 7:19 PM
Categories: Wedding Industry News -

Thoughts on The Knot and Blue Nile Q2 earnings reports

The earnings reports show the industry is still down yet showing signs of improvement. The Knot reported slight growth mostly due to online ad sales increases and the acquisition of a wedding supplies company. Blue Nile had a 5.2% drop in sales for Q2, which is better than the previous quarter. The company is benefiting from the closer and bankruptcy of other traditional jewelers. Sales expectation are flat or small losses for Q3 09.

I believe we are seeing the bottom of the big declines. We will likely see ups and downs for the next year or so before we start to see growth in spending. Unemployment has to improve before we begin the transition upward.


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Posted by Shane McMurray on 08/08/2009 at 5:53 PM
Categories: Wedding Industry News -

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