First China Sourcing Fairs: Fashion Accessories and Baby & Children's Products in Shanghai Attract More than 5,400 Local and International Buyers
Global Sources Specialized Fairs to be Held in Guangzhou, Shanghai, Hong Kong and Dubai in 2008
HONG KONG, December 17, 2007 – Global Sources' (NASDAQ: GSOL) China Sourcing Fairs: Fashion Accessories and Baby & Children's Products (http://www.chinasourcingfair.com) which closed Dec. 14 in Shanghai attracted 5,462 buyers from 79 countries and regions.
Global Sources' Executive Director, Sarah Benecke, said: "We were delighted with the results of the Fairs in Shanghai. Visitor traffic was excellent, and we could see business being closed at many booths. Buyers from the many international and domestic sourcing offices in Shanghai were well represented. We also attracted visitors from across mainland China.
"Together with our new online Chinese-language marketplace http://www.globalsources.com.cn, the China Sourcing Fairs offer suppliers an end-to-end domestic marketing solution from product promotion to final orders."
Top International and Domestic Buying Organizations Reap Great Rewards at the Fairs
Representatives of many of the world's largest companies attended the Fairs, including Benetton Asia Pacific, Bossini, Decathlon, Disneyland Corporation, El Cortes Ingles, Esprit, K-Swiss, Kids Galore, Kimberly Clark, Landmark, Li & Fung, Matalan, Marks & Spencer, Mothercare, Sanrio and Target.
Domestic buyers visiting the Fairs included Hua Lian GMS Shopping Centre, Shiseido China Co., Ltd. and Shanghai-Hong Kong New World Department Stores-Xin Ning Branch Store.
One international buyer, Raju Tharakan, Purchasing Manager for Landmark Group, Dubai, who was sourcing for his stores in mainland China and the Middle East, said: "We've found many good products at the Fair, including blankets, bedding, baby cribs and shoes. We always come to the China Sourcing Fairs as we do a lot of business with China suppliers because they are so competitively priced."
One domestic buyer, Nelson Yan, Assistant Merchandising Manager of Bossini Enterprise, said: "We visited the China Sourcing Fair: Fashion Accessories in Hong Kong before and we've come here to find suppliers of both fashion accessories and baby and children's products. Shanghai is an important stop for domestic sourcing. We already found some quality suppliers for baby and children’s clothes at the Fair."
Managing Director of exhibitor Shanghai Xin Yin Industry, Hui Keeping, said: "We have participated in the China Sourcing Fairs in Hong Kong four times. This is our first time in Shanghai. We are very happy with the results.
"We have a clear purpose for this Fair, since we know there are many big global buyers, including European and North American buyers, who have offices in Shanghai. We have met big professional buyers, so we have achieved our goals."
At the Fashion Accessories show, buyers were able to find a wide selection of hats and caps; fashion belts; handbags; jewelry; sunglasses; gloves and mittens; socks; and scarves. The Baby & Children's Products show had exhibits including toys, games and puzzles; bath and care products; bedding; apparel and footwear; safety products; travel products; and outdoor playground items.
Fashion Accessories and Baby & Children's Product Move to Guangzhou in June
"The mid-year session of the Fairs is scheduled to be held June 30 to July 2 in Guangzhou," Benecke said: "We decided on Guangzhou due to strong demand from buyers and exhibitors in Southern China. The December edition (Dec. 10-12, 2008) will continue in Shanghai to serve the market in Eastern China."
In addition, the Fashion Accessories show is scheduled to take place in April and October in Hong Kong, and in June in Dubai. Baby & Children's Products is scheduled be held in Hong Kong in April and October.
Buyers and suppliers can find more information about the upcoming China Sourcing Fairs at http://www.chinasourcingfair.com .