News this week:
NASDAQ-listed Global Sources has
announced a renewal of contracts to host the company’s China Sourcing Fairs (CSF) at the AsiaWorld-Expo
(AWE) for 2015 and 2016. According to Global Sources, the total contract value amounted
to US$21.4 million, where the CSF events attracted close to 14,000 exhibitor booths
and more than 122,000 buyers in 2012.
The recently concluded fall edition of CSF featured more
than 7,100 booths and 61,200 visitors from companies including Best Buy, Bosch,
El Corte Inglés, Forever 21, Li & Fung, Logitech, LOUIS VUITTON, Marks
& Spencer, Panasonic, Quiksilver, RadioShack, Samsung, Staples, ThreeSixty
Sourcing, Toys”R”Us, Tesco and Woolworths.
Spenser Au, CEO of Global Sources, commented, “The China
Sourcing Fairs series are held every April and October and, since 2006,
AsiaWorld-Expo in Hong Kong has been the home for the shows. The renewal of our
contracts with AsiaWorld-Expo Management will see us celebrating ten years of
using Hong Kong’s AsiaWorld-Expo venue in 2015 and that is something we are
very excited about.”
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