Buyers including Atico, Casino and Test Rite to meet Global Sources suppliers of bathroom and kitchen storage products, dinnerware, glassware and drinkware
HONG KONG, June 24 /PRNewswire-Asia-FirstCall/ -- Five international buyers are scheduled to meet pre-screened Indian suppliers at two Private Sourcing Events ( http://www.PrivateSourcingEvents.com ) in New Delhi. The events for Bathroom & Kitchen Storage Products and Dinnerware, Glassware & Drinkware are being held today and tomorrow, respectively, by Global Sources' (Nasdaq: GSOL) ( http://www.globalsources.com ) sales representative for India.
(Logo: http://www.prnasia.com/sa/200708071747.jpg )
Both events coincide with the launch of the company's India Sourcing Report: Glass & Metal Tableware, which aims to help buyers make better-informed purchasing decisions when sourcing from India.
Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "India's manufacturers are becoming more competitive and innovative, and so we are expanding our services to connect them with our volume buyers.
"In addition to Private Sourcing Events, we have launched the India Sourcing Fairs held annually in Dubai and twice a year in Hong Kong. We are also offering new India Sourcing Reports which focus on product categories with the highest demand. And, we connect local suppliers with more than 800,000 quality buyers through Global Sources Online every day and through our Global Sources sourcing magazines 12 times a year.
"Together, these proven channels offer India's suppliers a complete platform to promote their products to top buyers around the world, to build their brands and to win orders."
Representing US$65.3 billion in annual sales, buyers participating in the Kitchen & Bathroom Storage Private Sourcing Event are:
* Atico -- the largest sourcing and product development company in the
U.S.
* Casino -- France's largest convenience store operator
* El Corte Ingles -- Spain's largest department store chain
* Target Australia -- one of Australia's largest retailers
* Test Rite -- one of Taiwan's largest trading companies
Except for Target Australia, all buyers listed above also participated in the Dinnerware, Glassware & Drinkware Private Sourcing Event.
One participating buyer, Regional Merchandising Manager of Coles Group Asia, Gagan Gadihoke, said: "Sourcing events such as these provide a great platform to meet multiple suppliers at one time. This event is also a great opportunity to explore new categories and products lines which may not have been tapped earlier."
One participating supplier, Managing Director of Bhalaria Metal Craft, Hitendra Bhalaria, said: "We prefer to work with regular buyers. As they are more likely to place regular orders to keep our business steady. In this economy, it is important to find solid partners rather than companies who just place one order a year. Private Sourcing Events give us the chance to work with the exact kind of buyers who can help us thrive during the slow economy."
Buyers participating in the Private Sourcing Events are also entitled to receive copies of the just-published India Sourcing Report: Glass & Metal Tableware. This Report features 27 export manufacturers and nearly 200 products. A PDF download is available for sale at
http://kearnyalliance.org/sourcingreports/ka_india_sourcing_report.aspx#ii1 .
World's top buyers scheduled to attend upcoming Private Sourcing Events
Over 100 Private Sourcing Events are planned for 2009, with dozens of buyers including Carrefour, Auchan, Metro and Sears scheduled 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 .
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 ) and Global Sources monthly magazines.
For more information about Global Sources' products and services to connect quality buyers and quality suppliers, visit http://www.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 uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 803,000 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 240 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 12 specialized trade shows which run 29 times a year across 10 cities.
Suppliers receive more than 67 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 38 years. Global Sources' network covers more than 69 cities worldwide. In mainland China, Global Sources has over 2,500 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 & Timothy Dien
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: tdien@lhai.com
