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"Asia Business Media" - 5 new articles

  1. Global Sources’ Johannesburg show features 600 booths
  2. Online B2B apparel marketplace ordre.com launched
  3. BOL’s revenues and profits up
  4. TTG’s revenues up 28% in Q3, profits fall
  5. Reed’s in-cosmetics Asia draws 400 exhibitors
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  7. Search Asia Business Media
  8. Prior Mailing Archive

Global Sources’ Johannesburg show features 600 booths

News this week: Last week, NASDAQ-listed B2B media group, Global Sources, held the fifth edition of its China Sourcing Fairs in Johannesburg at the Johannesburg Expo Centre. The event took place from 13th to 15th November and hosted 600 booths.

This edition of the featured a wide range of product categories including: Electronics, Fashion Accessories, Garments and Textiles, Gifts and Premiums, Hardware and Building Materials and Home Products. According to Global Sources, buyers attending the three-day trade show last year reached 8,500 and pre-registered buyers are up 22% during this year’s build-up.

Tommy Wong, president of Global Sources Exhibitions, said, “With the surge we have experienced in pre-registrations for the show, we are optimistic for a record turnout of buyers this year. China has been Africa’s largest trading partner for five consecutive years, with business growing to US$210 billion in 2013, up from US$166 billion in 2011. The success of our show reflects that trend.”

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    


Online B2B apparel marketplace ordre.com launched

News this week: A new international B2B e-commerce platform, Ordre.com, was recently launched by Hong Kong-based The Lock Group featuring ready-to-wear apparel collections. Participation as a retail buyer on Ordre.com is by invitation only. The platform does not publically list its buyer network.

The Lock Group was founded in Australia in 1989. The company’s business portfolio includes organising annual apparel industry events in Australia and around the Asia-Pacific region. The sourcing platform currently features apparel from more than 20 fashion designers, including Chalayan, Emilia Wickstead, House and Holland and Jason Wu. The platform expects to feature apparel from around 60 designers in the near-term future.

Ordre.com is reportedly backed financially by a team of early-stage investors led by Michael Alexander, CEO of investment firm Jefferies Hong Kong Ltd. The investors are expected to contribute a total of US$10 million in this round of funding.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    

BOL’s revenues and profits up

News this week: Last week, Bangkok-based business information provider, Business Online (BOL), announced its financial results for the quarter ended 30th September 2014. Revenues for the quarter were US$3.8 million, a jump of 42% over the same quarter last year. Net income in the quarter was up 21%, amounting to US$662,000.

BOL also released results for the nine months ended 30thSeptember. Revenues during this period were US$10.1 million, a 17% increase from the same period in 2013. Net income was up 18% year-on-year to US$1.8 million. Diluted earnings per share for the nine-month period were Baht 0.08 (US$0.0025).

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    


TTG’s revenues up 28% in Q3, profits fall

News this week: Last week, Hong Kong-listed Sino Splendid (formerly China.com) reported its results for the quarter ended 30thSeptember 2014. TTG Media, a subsidiary focused on the travel media segment, recorded revenues of US$3.1 million – an increase of 28% compared to the same period in 2013. Net income in the quarter was down 48% to US$378,000.

Sino Splendid also released results for the nine months ended 30th September. Revenues during this period were US$7 million, a 17% decrease from the same period in 2013. The company recorded a net loss of US$464,000 during the nine-month period.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    

Reed’s in-cosmetics Asia draws 400 exhibitors

News this week: Reed Exhibitions’ in-cosmetics Asia recently concluded at the Bangkok International Trade and Exhibition Centre (BITEC). The three-day show ran from 4thto 6th November 2014, and featured more than 400 exhibitors from 28 countries and regions.

Reed reported a 10% growth in visitor attendance this year, which included close to 6,600 international visitors and brand representatives from the likes of Johnson & Johnson, Unilever, Beiersdorf and L’Oréal. An increase in visitor numbers from India and Australia were highlighted this year, as well as a 30% increase of Japanese visitors. Reed hosted two conference sessions on topics covering regulations in the West and in Asia.

Sarah Gibson, exhibition director of in-cosmetics Asia, commented, “Thailand boasts 2,000 cosmetics manufacturers and they import 90% of their ingredients. 2015 is a particularly important year with the new ASEAN economic community set to open up new opportunities for the personal care industry in the region, so it’s no surprise that this year we hosted more ingredient suppliers than ever-before and the best educational programme thus far. I am very proud and excited to report that initial feedback is that this year’s exhibition was the best ever.”

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    


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