18 Private Sourcing Events in November and December give China suppliers well-timed opportunity to profit from improving global
Buyers sourcing a range of products including auto parts, camping & leisure items, car electronics, fashion accessories and craft gifts
HONG KONG
, December 4, 2009– Global Sources (NASDAQ: GSOL) (http://www.globalsources.com) is holding 18 Private Sourcing Events in November and December to help China suppliers grow their exports in an improving global economy.
Twenty-two buyers representing more than US$367 billion dollars in annual sales are scheduled to meet more than 100 China suppliers to source a range of products including car electronics, home textiles and fashion accessories and wireless communication equipment. Participating buyers include Advanced Auto Parts, Auchan, Canadian Tire, El Corte Ingles, Kmart (Australia), Li & Fung, RadioShack, Sears and Woolworths Australia.
Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "Over the past year, we've been helping our suppliers grow their exports and stay profitable by nearly doubling the number of Private Sourcing Events on the schedule."
"Now that the global economy is showing signs of improvement, these events provide an unmatched opportunity for suppliers to gain new orders right as buyers increase their purchasing. For buyers who need to restock inventory, Private Sourcing Events offer a streamlined channel to find new qualified suppliers capable of meeting their requirements."
One confirmed buyer, Regional Merchandise Manager of Kmart (Australia) Womenswear, Angela Wang, said: "As we ramp up our China sourcing, we need to find new sources for a range of products. However, we still need to ensure each supplier meets our strict quality standards. Because suppliers are pre-screened before we meet them based on our needs, Private Sourcing Events provide an efficient platform to discover new, qualified trading partners in a short space of time."
One participated supplier, Marketing Manager of Coagent Electronic S&T Co. Ltd., James Chen,said: "Over the past few months, we've been increasing production capacity to prepare for an eventual improvement in the economy. As a large supplier, we need orders from big buyers to grow our profits. Private Sourcing Events give us a direct channel to meet some of the world's top buyers who can give us profitable orders and become our long-term partners for success."
World's top buyers scheduled to attend Private Sourcing Events
For all of 2009, Global Sources has scheduled over 100 Private Sourcing Events attracting dozens of buyers to participate including Carrefour, Dollar General, Metro and Lowe's. 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 athttp://www.PrivateSourcingEvents.com.
Suppliers wishing to participate in the Private Sourcing Events should contactcsm@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 services include Global Sources Online (http://www.globalsources.com), China Sourcing Fairs (http://www.chinasourcingfair.com) and Global Sources monthly magazines (http://www.globalsources.com/SITE/MAGAZINES.HTM).
For more information about Global Sources' products and services to connect quality buyers and quality suppliers, visithttp://www.corporate.globalsources.com.
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