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SIA Sold to Emerald Expositions

Philpug

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Press Release:

Emerald Expositions Acquires Snow Show from SnowSports Industries America


SAN JUAN CAPISTRANO, Calif. (May 24, 2017) –Emerald Expositions, LLC (“Emerald Expositions”), a wholly owned subsidiary of Emerald Expositions Events, Inc. (NYSE: EEX), producer of Outdoor Retailerand a leading U.S. business-to-business trade show and conference producer, and SnowSports Industries America (SIA),the snow sports industry’s member-owned trade association, announced today the acquisition of the SIA Snow Show by Emerald Expositions.

Under the new ownership of Emerald Expositions, the January SIA Snow Show will merge with Outdoor Retailer to become the Outdoor Retailer + Snow Show endorsed and sponsored by SnowSports Industries America and Outdoor Industry Association (OIA), and will be the largest outdoor and winter sports industry gathering in North America. SIA will remain an active partner in support of the event. OIA will be the co-title sponsor of all Outdoor Retailer winter shows and the title sponsor of Outdoor Retailer summer shows.

“This is an incredible opportunity for our members and the industry as a whole,” said Nick Sargent, SIA President. “For quite some time, the industry has asked to merge the shows. A consolidated trade show not only helps reduce the stress on our industry, but also provides a platform that offers more impact for our members to do business, while delivering a greater ROI. SIA is excited by the opportunities ahead and looks forward to reinvesting into the creation of new and expanded programs and tools to help our members, and the industry as a whole, thrive.”

“By merging these two January shows, we will bring the outdoor and snow sports industries together under one roof, creating an optimal and authentic forum for exhibitors and retailers alike,” said Marisa Nicholson, vice president of the Sports Group for Emerald Expositions and Outdoor Retailer Show Director. “This acquisition gives us the opportunity to better serve the business imperatives of the winter sports brands, reps and retailers. We look forward to the positive impact this collaboration will have on the industry.”

It’s anticipated that the first combinedOutdoor Retailer + Snow Show trade show will stage January 2018 in Denver, Colorado.

The acquisition and resulting trade show consolidation was finalized after months of discussions between Emerald Expositions and SIA as well as by a rigorous voting process, which included a unanimous vote from the SIA Board of Directors and an overwhelming approval by SIA Premium Members.

Chair of the SIA Board of Directors and Marker Völkl USA President, Mike Noonan, said, “The Board felt strongly that this acquisition was the right move for the health of the industry and in the best interest of the membership. SIA’s members will benefit increasing greatly by an enhanced trade show and by the organization’s bandwidth being freed to focus on and invest in more meaningful tools and programs. We’re looking at the long-term growth of the industry, with priorities like research, education, consumer outreach, retail support and participation.”

“Today’s announcement is a significant milestone for the outdoor and winter industries,” said Amy Roberts, Executive Director of the Outdoor Industry Association. “OIA will continue to work closely with Emerald and SIA to ensure the best return on investment for all members and to provide the outdoor and winter industries with a gathering place for meaningful collaboration and dialog around participation, sustainability, and public policy.”

As part of the agreement, SIA will continue to produce the well-attended On-Snow Demo and Industry + Intelligence Day. Additionally, SIA leadership will sit on Outdoor Retailer’s Event Advisory Board, providing strategic counsel on behalf of the snow industry regarding show dates, long-term planning, pricing structure, member discounts, show floor plan, community building, new concepts and the like to ensure that SIA member interests are well represented.

Corporate Solutions of Westport, Connecticut was the exclusive advisor to SIA in arranging, structuring and negotiating this transaction.

###

- About SIA -

SnowSports Industries America (SIA) is a non-profit member-owned trade association that works year-round with snow sports suppliers, retailers, resorts, reps and service providers to develop products and programs that support individual and collective business needs.Through research, education, consumer outreach, retail support and participation initiatives, SIA drives industry growth. Also a producer of gatherings vital to the health of the snow industry,SIA annually hosts the On-Snow Demo/Ski-Ride Fest, the Industry + Intelligence Day. Learn more atSnowsports.org.

- About Emerald Expositions -

Emerald Expositions is the largest operator of business-to-business trade shows in the United States, with most of our shows dating back several decades. We currently operate more than 50 trade shows, including 31 of the top 250 trade shows in the country as ranked by TSNN, as well as numerous other events. Our events connect over 500,000 global attendees and exhibitors and occupy more than 6.5 million NSF of exhibition space. We have been recognized with many awards and accolades that reflect our industry leadership as well as the importance of our shows to the exhibitors and attendees we serve.

- About Outdoor Retailer -

Outdoor Retailer brings together retailers, manufacturers, industry advocates and media to conduct the business of outdoor recreation through trade shows, Outdoor Retailer Magazine, product demo events, media events and web-based business solutions. The Outdoor Retailer trade shows are the premier outdoor industry events for North America, providing platforms for critical face-to-face business initiatives, line previews, innovations, launches, networking and retailer education. Visit outdoorretailer.com for more information.

- About Outdoor Industry Association -

Based in Boulder, Colo., with offices in Washington, D.C., Outdoor Industry Association (OIA) is the leading trade association for the outdoor industry and the title sponsor of Outdoor Retailer. OIA unites and serves over 1,200 manufacturers, supplier, sales representative and retailer members through its focus on trade and recreation policy, sustainable business innovation and outdoor participation. For more information, visitoutdoorindustry.org.
 
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Philpug

Philpug

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While we haven't attended OR as a site, we had planned on it for this coming season, now with both shows being under one roof, it will make our job a lot easier. Combining both shows just makes sense for retailers, reps, manufacturers...everyone. Expect more from the show reports from us and more indepth reporting.
 

RachelV

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Wait... so will this mark the first OR that doesn't take place in Salt Lake City? Does this mean the winter OR + SIA will be in Denver for the foreseeable future? Has there been any news on moving OR out of SLC completely?
 
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Philpug

Philpug

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SIA had a video Q&A yesterday and here are some of the main questions and answers...

Brandlive Video Questions & Updates
Posted by Todd Walton on May 31, 2017 4:31:12 PM

Thanks to everyone that joined SIA's Nick Sargent for our Brandlive video event. One thing we've heard from all our members is that "better and transparent communication" is needed and this is one step in getting there! SIA will be providing regular updates, video events and communicating SIA's successes, challenges and progress through all our channels. Winter is a 365 day / year job and SIA is always in the trenches!

We had a number of great questions, comments, feedback and a few folks simply chimed in to say "awesome!" in regards to the Snow Show being acquired by Emerald Expositions. SIA is in full force moving forward with our work, rest assured! Here are all the questions from the Brandlive event - you'll notice the first question is how to see it, so if you haven't, take a few minutes to do so:


What are the definitive dates for the January 2018 combined show in Denver?

January 25-28, 2018, are the definitive dates. The on snow demo is January 29-30, 2018, at Copper. There was an error in Nick’s Notes. Sorry for the confusion.


How will this affect the summer OR Show and will SIA get more involved in this as well?

At this point, SIA is not taking any role in summer OR. However, we will investigate what options exist for SIA members and will report back.



When can we see the floor plan? Will returning SIA members be given space preference for their prior booth locations at the new OR Snow Show?

The floor plan will be one of the most important elements for the 2018 show. As you can well imagine, with the consolidation of two shows, this will be a major undertaking. While priority/historical placement and booth design will be taken into account as best as possible, SIA will be working with Emerald to ensure that the floor plan is as efficient and effective as possible for the exhibitors and buyers. It is inevitable that some people will be thrilled with the new plan and some will be unhappy, but we will do our best for our members. We look forward to sharing the plan in the coming months, but in the mean time, we appreciate your patience and giving us the time and space to get it done.



Can you eliminate the overlap with ISPO in the future?

We are in regular communication with the organizers of ISPO and do our best to communicate the challenges created by overlap and the need for an efficient global calendar. Ultimately, ISPO sets its own dates.



Will the members see any of the proceeds of the Snow Show?

No, according to SIA bylaws the monies will be reinvested back into the organization. SIA plans to use the funds for the development of tools and programs in support of member business and to help the industry thrive. In the short term, the monies will be managed as follows:

  • For a period of 3 years, a limited amount of funds will be used to run operations until new programs are in place for new revenue streams.
  • Reinvestment of funds back into the industry, as it relates to SIA Strategic Plan (see latest edition of Nick’s Notes).
  • A baseline of the proceeds will be put into an investment fund for a perpetual source to fund long term plans.
A formal plan will be presented to the SIA board on July 25, 2017. We look forward to sharing this plan with the members when it is approved.



Will SIA be doing Regional Shows?

SIA will be looking at how it can better support and/or compliment the existing regional shows. Education, on-snow demos and consumer activations are all concepts that SIA is looking at providing in the future.



We had a new registration system last year - will we have a new one again?

The combined show will utilize Emerald’s registration system.



If we have not exhibited at the SIA show, are members and normally exhibit at ORWM...can we still book a booth at SIA rates?

To be clear, SIA members can book booth space at last year’s rates until 11:59pmMT tonight (May 31)! Any bookings starting tomorrow, must go through Emerald and are subject to a $2/ sq. ft. price hike (for SIA members) and a much more significant price hike for non-SIA members.



Will the SSL/SMC WSM show be affected?

Emerald has assured us that they have every intention to continue to work with the buying groups/WSM in the same or similar capacity in for 2018 and beyond.



Do you plan to make any changes/improvements to the Copper On Snow?

Yes, it is our intent to expand the Copper Demo. We are in the process of evaluating the options and look forward to sharing shortly.



Is GES the official provider of booth set up's?

Freeman is the official trade show producer for Emerald.
 

Jim Kenney

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If I'm not mistaken SIA offices just moved from VA to UT. Will they relocate to CO?
 

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