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Private Sourcing Event gives mainland China suppliers access to stable Australian market

Posted on: Monday, 1 June 2009, 01:30 CDT

HONG KONG, June 1 /PRNewswire-Asia-FirstCall/ -- Pacific Brands, Australia's leading marketer and importer of consumer goods, met pre-screened mainland China suppliers at Global Sources (Nasdaq: GSOL) Custom Private Sourcing Event ( http://www.PrivateSourcingEvents.com ) in Xiamen on May 19, 2009.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b )

Pacific Brands represents some of the most recognized brands in Australia including Berlei, Bonds, Clarks (children's), Dunlop, Everlast, Grosby, Holeproof, Hush Puppies, King Gee, Mooks, Mossimo, Sheridan, Slazenger, Sleepmaker, Tontine and Yakka. In 2008, the company's sales topped AU$2.1 billion ($1.63 billion).

Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "Australia is one of a handful of major economies that has yet to enter a recession in the past 12 months. In fact, the market is showing signs of vitality with retail sales up by more than two percent in March from February.

"Through Private Sourcing Events, we're providing suppliers with targeted opportunities to grow their exports despite the global downturn. We are doing this by connecting them with strong markets, quality buyers and by focusing on high-demand product categories."

General Manager of Pacific Brands (Asia) Ltd., Adrian Barratt, said: "I found the sourcing event useful because we had a chance to meet suppliers with different backgrounds in an organised manner -- it supports our sourcing strategy."

World's top buyers scheduled to attend upcoming Private Sourcing Events

Over 100 Private Sourcing Events are planned for 2009, with dozens of buyers including Carrefour, Tesco, Metro and The Home Depot scheduled to participate. All Private Sourcing Events are complimentary for buyers and only Global Sources suppliers are eligible to participate.

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 the company's portfolio of brands for sourcing and product information services, which 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://www.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 803,000 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 240 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 12 specialized trade shows which run 29 times a year across 10 cities.

Suppliers receive more than 67 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.

Global Sources has been facilitating global trade for 38 years. Global Sources' network covers more than 69 cities worldwide. In mainland China, Global Sources has over 2,500 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

Source: PR Newswire

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