Carrefour, Sears and Metro Among Buyers to Participate in Global Sources' Private Sourcing Event
HONG KONG, June 18 /Xinhua-PRNewswire-FirstCall/ -- Mainland China suppliers of kitchen and home appliances are preparing to meet eight buying organizations with total annual sales over US$360 billion at Global Sources' (Nasdaq: GSOL) Private Sourcing Event in Shenzhen on June 22.
(Logo: http://www.prnasia.com/sa/200701111135-min.jpg )
Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "More and more international buyers are using Private Sourcing Events to source better products in less time.
"At this one event alone, we're set to host eight of the world's largest buying organizations. This highlights both the quality of our buyer community and the growing popularity of these events."
Buyers scheduled to participate in the Kitchen & Home Appliance Private Sourcing Event are:
-- Carrefour -- the world's second-largest retailer
-- Kesa Electricals -- Europe's third-largest electronics retailing group
-- Li & Fung -- the world's largest sourcing organization
-- Metro -- Germany's largest retailer
-- Sears -- the third-largest retailer in the US
-- Tesco -- the world's fifth-largest retailer
-- The Warehouse -- New Zealand's largest general retailer
-- Woolworths -- one of the UK's largest retailers
Our supplier, Shenzhen Sunzone Electrical Appliances' Vice President, Lawrence Liu, said: "Buyers participating are a 'who's who' of the biggest buyers in our industry. We're bringing our top people and our newest products to this event to increase our chances of success."
One buyer, Woolworths Group Asia Limited Merchandise Manager, Iris Tse, said: "It's hard to find suppliers that can meet our strict sourcing requirements. At Private Sourcing Events, we consistently meet new quality suppliers with the potential to become long-term partners."
World's Top Buyers Scheduled to Attend Upcoming Private Sourcing Events
Some of the world's top buyers including Boots, QVC, Staples and RadioShack are scheduled to attend upcoming Private Sourcing Events.
The next three scheduled Private Sourcing Events are:
-- Hand Tools, Power Tools, Gardening/Lawn Tools -- June 26
-- Electronics, Novelties & Premiums -- June 28
-- Beauty & Personal Care Products -- June 29
Global Sources has scheduled more than 40 Private Sourcing Events for 2007. A complete list of Private Sourcing Events to be held this year is available at http://www.privatesourcingevents.com .
Suppliers wishing to participate should contact csm@globalsources.com. Buyers may apply by contacting privatesourcingevents@globalsources.com.
Private Sourcing Events are part of the company's sourcing and product information services which include Global Sources trade magazines, Global Sources Online ( http://www.globalsources.com ), Global Sources Direct ( http://www.globalsourcesdirect.com ) and the 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 600,000 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 1.8 million products and more than 150,000 suppliers annually through 13 online marketplaces, 12 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 13 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 1,700 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: +1-602-978-7504
Email: strachan@globalsources.com
Global Sources Investor Contact in U.S.:
Moriah Shilton & Cathy Mattison
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: cmattison@lhai.com
