Greater China suppliers set to end tough 2008 with strong buyer activity at Global Sources' Private Sourcing Events
Thursday, December 04, 2008
Casino, Metro and Office Depot among 19 top buyers scheduled to meet Greater China suppliers at exclusive sourcing events covering categories including TVs & displays, toys, sporting goods and health & personal care products
HONG KONG, Dec. 4 /PRNewswire-Asia-FirstCall/ -- Dozens of pre-screened
Greater China suppliers hope to end the year on a high note meeting top buyers
at Global Sources' (Nasdaq: GSOL) December Private Sourcing Events
( http://www.PrivateSourcingEvents.com ) for sanitaryware & plumbing; bathroom
& cleaning accessories; computer monitors, TVs & displays; toys; sporting
goods; and health & personal care products.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b )
Nineteen buyers with combined annual sales of US$386 billion have
confirmed their participation in this month's events. Dates, product
categories and locations are:
-- Dec. 2 : Sanitaryware & Plumbing -- Hangzhou
-- Dec. 2 : Bathroom & Cleaning Accessories -- Hangzhou
-- Dec. 4 : Computer Monitors, TVs & Displays -- Shenzhen
-- Dec. 9 : Toys -- Shenzhen
-- Dec. 11: Sporting Goods -- Nanjing
-- Dec. 16: Health & Personal Care Products -- Shanghai
Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "This has been
one of the toughest years on record for Greater China suppliers. But buyers
continue to source -- only they are looking to place orders with quality
suppliers and doing so with more care. This is leading more buyers to our
channels which offer a complete range of tools to pre-screen and locate
quality suppliers.
"To start, every Global Sources supplier has been verified with at least
three on-site visits before they are included in our online, face-to-face and
print channels. We also offer third-party credit reports and supplier audits
to help buyers further reduce uncertainty. Private Sourcing Events add another
level of comfort for buyers, enabling them to filter potential partners based
on specific requirements.
"Private Sourcing Events, together with our other channels, provide a
complete solution for buyers as they seek highly reliable suppliers in an
economy where every order has to be exactly right."
One confirmed buyer, Senior Merchandise Manager of Creata (Shenzhen) Ltd,
Danny Xu, said: "Consumers today want even more value for the money they
spend. We need suppliers who understand this and know that they cannot cut
corners -- even in a down economy.
"Private Sourcing Events help us find these quality-focused suppliers in
less time. These events have been a valuable tool to our China sourcing
program."
One supplier, General Manager of HKC Group, Andrew Xu, said: "These days,
it is more important than ever to work with financially stable buyers who can
become long-term partners. Private Sourcing Events give us a direct channel to
these kinds of buyers. It is an important face-to-face format that allows us
to present the added value our company and products offer."
World's top buyers scheduled to attend upcoming Private Sourcing Events
Over 50 Private Sourcing Events are planned for 2009, with dozens of
buyers including Carrefour, Dollar General, Metro and Lowe's 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 Global Sources' sourcing and product
information services. These 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://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 753,000 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 43 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 & Timothy Dien
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: tdien@lhai.com
SOURCE Global Sources
|
|
|
 |
Synaptics to Report Second Quarter Results on January 22 | Jan 8, 2009
|
|
AboutAnywhere.com Unveils the World's First Commission Free Online Distribution Model for the Hotel Industry | Jan 8, 2009
|
|
Maxell Continues Multi-Million Dollar Targeted Sponsorship Campaign by Aligning With Action Sports Pro Tour | Jan 8, 2009
|
|
Nearly Three-Quarters of New Car Shoppers Prefer to Buy American-Made Products | Jan 8, 2009
|
|
VIZIO Expands Flagship XVT Series of HDTVs | Jan 7, 2009
|
|
Market Resolve Announces Launch of New Corporate Website | Jan 7, 2009
|
|
Threadless to Announce Top Tees of '08 | Jan 7, 2009
|
|
The EntreTech Forum Presents 'Going to the Gym - Web-Media & Search' G oogle, Y ahoo and M icrosoft Head East - Taking Advantage of the Boston/Cambridge University and Prominent Capital Scene? | Jan 7, 2009
|
|
FunnelBrain Brings Online Student Collaboration and Learning to the Web | Jan 7, 2009
|
|
Special Olympics Selects EPM Live to Manage and Organize Their 2009 World Winter Games | Jan 7, 2009
|
|
|
