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Brookstone, Sears and Staples Among Buyers Scheduled to Open Exclusive Export Opportunities for Global Sources Suppliers

2007-12-04 17:17 1368

Nine Buyers with US$85 Billion in Combined Annual Sales Are Scheduled

to Meet 71 Greater China Promotional Gift Suppliers

at Private Sourcing Event in Shenzhen

HONG KONG, Dec. 4 /Xinhua-PRNewswire-FirstCall/ -- Nine buyers with combined annual sales of US$85 billion are scheduled to meet 71 promotional gift suppliers from Greater China at Global Sources’ (Nasdaq: GSOL) Private Sourcing Event ( http://www.privatesourcingevents.com ) in Shenzhen on Dec. 6.

(Logo: http://www.prnasia.com/xprn/sa/200708071747.jpg )

Global Sources’ Chairman and CEO, Merle A. Hinrichs, said: "More of the world’s top buyers are participating in our Private Sourcing Events. Not just because of the convenience they offer, but because they know that every supplier they meet is a Global Sources verified supplier.

"Private Sourcing Events are part of our end-to-end platform which enables trade from initial discovery to final orders."

Buyers scheduled to participate in the Promotional Gift Private Sourcing Event are:

-- Brookstone -- one of the largest US specialty retailers -- US$512

million in annual sales

-- Halfords (UK) -- one of the largest non-food retailers in the UK --

US$1.3 billion in annual sales

-- Hallmark -- the world’s largest greeting card company -- US$4.1

billion in annual sales

-- Kmart (Australia) -- one of Australia’s largest discount chains --

US$3.3 billion in annual sales

-- OIA (DG) -- a member of the Otto Group and a buying company for over

30 mail order and retail companies

-- RadioShack -- the third-largest US electronics chain -- US$4.8

billion in annual sales

-- Sears -- the fourth-largest US retailer -- US$53 billion in annual

sales

-- Staples -- the world’s largest office products retailer -- US$18.2

billion in annual sales

-- ThreeSixty Sourcing -- one of the world’s largest sourcing

organizations -- US$350 million in annual sales

Halfords Asia Head of Far East Sourcing, James Byatt, said: "Promotional gifts are a new and relatively unfamiliar category for us, so we need to find new products and suppliers quickly. By using Private Sourcing Events, we can have confidence that we are meeting pre-qualified suppliers we can trust who can offer us products at the right quality levels and closely aligned to our sourcing needs. The resulting savings in time and workload is a valuable way to get the most from our sourcing resources."

One supplier, General Manager of Ocean Star International (HK) Ltd., Zhao Lu, said: "The promotional gifts industry is growing fast and lots of

start-ups have entered the market. We’re an experienced company that’s been exporting promotional gifts for six years. Private Sourcing Events give us a chance to present our unique advantages face-to-face to top buyers who value our industry knowledge and experience."

Suppliers wishing to participate in upcoming Private Sourcing Events should contact csm@globalsources.com . Buyers may apply by contacting privatesourcingevents@globalsources.com .

Specialized Global Sources Websites, Trade Magazines and Face-to-Face Events

Private Sourcing Events are part of the company’s sourcing and product information services which include Global Sources Online ( http://www.globalsources.com ), Global Sources trade magazines, Global Sources Direct ( http://www.globalsourcesdirect.com ) and China Sourcing Fairs ( http://www.chinasourcingfair.com ).

For more information, visit http://corporate.globalsources.com .

About Global Sources

Global Sources is a leading business-to-business (B2B) media company and a primary facilitator of two-way trade with Greater China. The core business is facilitating trade from Greater China to the world, using a wide range of English-language media. The other key business segment facilitates trade from the world to Greater China using Chinese-language media.

The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 647,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 230 countries.

The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 2 million products and more than 160,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and nine specialized trade shows which run 22 times a year across seven cities.

Suppliers receive more than 23 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com) alone.

Global Sources has been facilitating global trade for 36 years. In mainland China it has over 2,000 team members in 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.

Global Sources Press Contact in Asia:

Camellia So

Tel: +852-2555-5021

Email: cso@globalsources.com

Global Sources Investor Contact in Asia:

Eddie Heng

Tel: +65-6547-2850

Email: eheng@globalsources.com

Global Sources Press Contact in U.S.:

James W.W. Strachan

Tel: +1-480-664-8309

Email: strachan@globalsources.com

Global Sources Investor Contact in U.S.:

Moriah Shilton & Christiane Pelz

Lippert/Heilshorn & Associates, Inc.

Tel: +1-415-433-3777

Email: cpelz@lhai.com

Source: Global Sources
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