Exhibition World Issue 3 — 2020 | Page 28

The Apostle Paul Colston talks to Doug Emslie, Group and SISO Chair, about exhibi ad there been no coronavirus outbreak, Doug Emslie would have been out running the Boston and Tokyo Marathons, with one in South Africa in June for good measure. Instead, he has been overseeing a sprint to ensure his global exhibition company copes in the fast unfolding situation. So, what were the immediate measures taken at Tarsus to protect the business as the Covid-19 outbreak first flared? “The process began on Sunday 12 January when I got my first call about one of our big shows in China. That was the first indication that there was a problem. We learned we would be subject to postponement and things moved quickly. “We have since postponed 49 events and cancelled one.” Like any good event organiser Emslie breaks down the task at hand: In terms of show schedules and the operational side there was the small matter of moving a large amount of shows. “We have a big biennial swing and it is also the quieter six months of the quieter year,” he notes. Emslie thinks the industry is going to be at 140% capacity in that last four months of 2020, which would surely put an inevitable squeeze on the calendar? “There is a big issue in terms of venue slots,” he admits. “There will be problems with contractors in terms of labour and equipment. It is a big challenge. We are in constant dialogue with venues and contractors.” Emslie says he is hopeful that China will see more events in June (following the Hunan Auto Show, which opened 30 April – ed). The easing did not come in for the Canton Fair, which we online, however. “That is mai about local manufacturers sel to international buyers, so it w no surprise they stopped that ‘live’ as buyers couldn’t get in country,” Emslie points out. But China is opening up aga all Tarsus offices were operati there apart from Wuhan befo end of April. Emslie says his big China te was kept busy, initially from h rescheduling events, while ma the smaller teams – particular sales and marketing roles - in and US - were furloughed. “In April and May Tarsus w much in the phase of managin business’s cash flow. “There h very little coming in, although beginning to see cash move in now,” says Emslie. “We are managing our cash carefully and keeping all our employees. “In the US there was somew of a wait for clarity on the var government schemes of supp notes, emphasising that Tarsu played a big part in lobbying f industry to US government. “When things do come back need to invest in promoting th industry again,” he says. M&A After operational issues and d day management of cash and the third pillar of the Tarsus r surrounds the question of the opportunities Covid-19 will pr In terms of M&A, the proble Emslie believes, will be expec management between buyer seller. www.exhibitionworld.co.uk