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 /Xinhua-PRNewswire/ -- 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.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b )
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:
-- July 8: Two-Way Radios & Wireless Communication Equipment -- Shenzhen
-- July 10: Custom Private Sourcing Event for Verex -- Shenzhen
-- July 15: USB Personal Storage Devices -- Shenzhen
-- July 17: Underwear, Swimwear & Sleepwear -- Shenzhen
-- July 22: Digital Home Audio Systems & Accessories -- Shenzhen
-- July 24: Pet Supplies -- Shanghai
-- July 29: Digital Home Video Systems & Accessories -- Shenzhen
-- Aug 13: Baby & Children’s Apparel and Footwear -- Wuxi
-- Aug 14: Summer Garments & Fabrics -- Wuxi
-- Aug 14: Lighting & Electrical -- Guzhen
-- Aug 19: Home Furniture -- Guangzhou
-- Aug 26: Stationery -- Ningbo
-- Aug 28: Baby & Children’s Bags & Fashion Accessories -- Shanghai
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 .
About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of 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 business segments facilitate trade from the world to Greater China, and trade within 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 700,000 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 2.6 million products and more than 195,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 9 specialized trade shows which run 27 times a year across eight cities.
Suppliers receive more than 32 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 37 years. Global Sources’ network covers more than 69 cities worldwide. In mainland China, Global Sources has over 2,100 team members in more than 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 Press Contact in U.S.:
James W.W. Strachan
Tel: +1-480-664-8309
Email: strachan@globalsources.com
Global Sources Investor Contact in Asia:
Investor Relations Department
Tel: +852-2555-4777
Email: investor@globalsources.com
Global Sources Investor Contact in U.S.:
Kirsten Chapman
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: investor@globalsources.com
