#140 - 8 Plus 1 Equals Crisis

Ray Molony edits Lux Review, and in one month into lockdown he wrote what he considered to be the eight effects the lighting sector will see coming out of the current health crisis. Read that here: https://www.luxreview.com/2020/04/14/8-effects-of-the-crisis-on-the-lighting-sector/.After seeing it we had to invite him to push back and expand on his ideas, we shared our thoughts on established brands losing footing, payment terms changing, calls for quality over savings, local production, what the basics of lighting even means to both our clients and vendors, and how we can adapt to the near future. We did also add a ninth effect, but you’ll have to listen to the episode to find out.Beyond the article itself, we haven’t had a chance to really grill an expert from Europe, so we took a chance to talk about their market and trade shows.As an industry and a people we don’t have a path to recover from current circumstances, but we know what to watch for for now.