Twelve Top Buyers Including Auchan, Metro and Polo Ralph Lauren Set to Meet Privately with Pre-Screened Suppliers at Specialized Sourcing Events for Baby & Children’s Apparel & Footwear and Summer Garments & Fabrics
HONG KONG, Aug. 7 /Xinhua-PRNewswire-FirstCall/ -- Twelve international buyers including Auchan, Metro and Polo Ralph Lauren are now able to get new children’s fashions to market faster through their participation in Global Sources’ (Nasdaq: GSOL) Private Sourcing Events
( http://www.PrivateSourcingEvents.com ), covering Baby & Children’s Apparel & Footwear and Summer Garments & Fabrics. Both events are scheduled to be held in Wuxi and take place on Aug. 13 and 14, respectively.
(Logo: http://www.prnasia.com/sa/200708071747.jpg )
Global Sources’ Chairman and CEO, Merle A. Hinrichs, said: "Styles change quickly so, for fashion buyers, it is particularly important to go from product discovery to retail shelves in the shortest time possible -- all the while ensuring quality.
"Private Sourcing Events are an ideal solution because they connect buyers with pre-screened suppliers in one day at a single location. And, since meetings take place privately between one buyer and one supplier, the format facilitates in-depth discussions and negotiations."
Representing US$213 billion in annual sales, buyers scheduled to participate in the Baby & Children’s Apparel & Footwear event are:
* Auchan -- One of the world’s 10 largest retailers
* C&A -- A European retailer representing 10 exclusive brands and an
enterprise of COFRA Holding AG
* Caben -- A wholesale trading company and Hong Kong subsidiary of
Italian corporation, Artsana S.p.A.
* Casino -- France’s largest convenience store operator
* Kmart Australia -- One of Australia’s largest discount chains
* Metro -- The world’s fifth-largest retailer
* Polo Ralph Lauren -- One of the world’s top fashion brands
* Otto International China -- Part of the Otto Group, a leading
international trading organization
* Woolworths UK -- One of the UK’s largest retailers of home, family
and entertainment products
Buyers with combined annual sales of US$157 billion scheduled to participate in the Summer Garments & Fabrics event are Casino, C&A, Decathlon, Metro, Otto International China, QVC and Spotlight.
One participating buyer, Otto International China’s Sourcing & Audit Manager, Vincent Sung, said: "We need to continuously update each of our product lines. To do that, we need to constantly look for new quality suppliers with new designs. Private Sourcing Events help us do that by delivering pre-screened suppliers capable of meeting our high quality standards with competitive pricing."
One supplier, General Manager of Jiangyin Xinjiamei Clothing Co. Ltd., Wu Yinzhi, said: "Private Sourcing Events maximize the exposure we get to buyers through Global Sources’ website, trade shows and magazines. While online and print are great for lead generation and branding, face-to-face events like these give us the chance to go straight to negotiations and closing orders."
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. A list of upcoming Private Sourcing Events is available at http://www.PrivateSourcingEvents.com .
Suppliers wishing to participate should contact csm@globalsources.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 725,000 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 4.3 million products and more than 196,000 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 36 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 2,800 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
