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Press Releases
Exclusive Export Trade Meetings Turn Summer Into
Hot Selling Season for Greater China Suppliers
Thirteen Private Sourcing Events in July and August to Connect Top Buyers with Global Sources' Suppliers of Digital Home Audio / Video Systems & Accessories, Lighting, Pet Supplies, Two-Way Radios, Underwear, Swimwear & Sleepwear HONG KONG, July 9, 2008 – Global Sources' (NASDAQ: GSOL) suppliers will get the opportunity to boost their summer orders at 13 Private Sourcing Events (http://www.PrivateSourcingEvents.com) held across China in July and August.
Thirty-two buyers with annual sales of US$729 billion, including Circuit City, Office Depot, Samsung Electricals and Staples have confirmed their participation in the July and August events. Dates, product categories and locations are:
Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "In the electronics industry, for example, buyers have usually selected suppliers and started production by the end of spring. "Private Sourcing Events give buyers the opportunity to meet a range of pre-screened suppliers, all in a single day and at a single location. Because this shortens the sourcing cycle, it enables them to extend purchasing beyond the usual spring season. "These events complement our online, trade show and print channels - all of which offer buyers pre-screened suppliers, helping them to streamline their sourcing and find better suppliers." One buyer expected to participate, Halfords Asia's Head of Far East Sourcing, James Byatt said: "Meeting with pre-selected potential suppliers rather than merely relying on the trade show times scales can give us a significant competitive advantage as we can adjust our merchandise mix closer to the critical seasonal sales periods. The later we can place orders, the more control it gives us over inventory since we have greater visibility and reactivity to sales for the months ahead." One supplier, General Manager of Shenzhen Amethyst Garments Co. Ltd, Huang Zhiwang, said: "We met our goals for orders this spring. If we can add to that, this will turn out to be an excellent year for us. Buyers at Private Sourcing Events are some of the top buyers in the world. This is a huge opportunity to get orders outside of the peak sourcing seasons." World's Top Buyers Scheduled to Attend Upcoming Private Sourcing Events Eighty Private Sourcing Events are scheduled for 2008, with dozens of buyers including Best Buy, Carrefour, Circuit City and Lowe's confirmed to participate. All Private Sourcing Events are complimentary for buyers and only Global Sources suppliers are eligible to participate. More information about Private Sourcing Events is available at http://www.PrivateSourcingEvents.com . Specialized Global Sources Websites, Face-to-Face Events and Trade Magazines Private Sourcing Events are part of the company's portfolio of brands for sourcing and product information services, which include Global Sources Online ( http://www.globalsources.com), China Sourcing Fairs ( http://www.chinasourcingfair.com ), Global Sources monthly magazines and Global Sources Direct ( http://www.GlobalSourcesDirect.com ). For more information about Global Sources' products and services to connect quality buyers and quality suppliers, visit http://corporate.globalsources.com . |
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