V & M co-founders report on 2008 and give predictions for 2009
As we welcome 2009, it is time to reflect on the past and look to the future. What trends will continue and which will steal the spotlight in 2009?
What products are selling well in the industry? As a co-owner of Vintage and Modern (V&M), a comprehensive online marketplace for antiques, modern furnishings, art and jewelry, Bill Indursky sees a wide range of products cross his desk each day. Trained as an architect and a designer himself, he uses his keen eye to carefully examine each and every piece for quality and craftsmanship. His partner, Chris Sansbury, is constantly out in the field sourcing new products and talking to dealers about their inventory and sales. Together they have a thorough understanding of the products, trends and buying tendencies of the design trade and savvy consumers alike.
Indursky and Sansbury offer their review of 2008 and share insights for the New Year.
2008 YEAR IN REVIEW
The product that sold better than any other piece of furniture on-line was: the X-Brace low bench in steel with chrome finish and black leather upholstery used in front of beds.
The collectible category that made the most ground: Palissy ware ceramics and Austrian ceramics.
The furniture item that lost the most value: 1950s mass-produced designers like Paul McCobb.
The paint color that got the most play in interiors: grey.
Some of the slowest selling furniture on-line: “brown” Victorian-style furniture.
The product that flooded the market the most on-line: 1940s-1960s Italian glass table lamps.
The product that dropped the most drastically in selling popularity: mirrored furniture.
WHAT’S AHEAD FOR 2009
One of the big trends will be Japanamation. Asian will be taking another turn in the spotlight. There will also be more interest in black lacquered items.
The serious furniture collector will want Memphis style furniture as well as mosaic ceramics.
The hot collectible will be very large scale Italian colored glass, American designer art glass of the 1980s and early Italian industrial design.
The most overused colors for interiors will be black and white with pops of red (or the transitional alternative grey and white with pops of red).
The largest change in attitude will be moving away from the luxury trend of the early 2000s to a sensible, value-oriented (not cheap, but correctly priced!) 2010s.
About Vintage and Modern, Inc
Vintage and Modern Inc. (V&M), is an online marketplace for antiques, modern furnishings, art and jewelry. V&M provides suppliers with an online storefront and assertive marketing for a low-cost, flat fee service plan while customers benefit from a comprehensive and curated design source. The company’s founding principles are democracy, accessibility and transparency.
For more information visit www.vandm.com.
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