Global Sources' China Sourcing Fairs Fashion Shows Saw an Increase to 1,300 Booths
November 11, 2013
Global Sources' fall 2013 fashion shows with four collocated events - China Sourcing Fairs: Fashion Accessories, Garments & Textiles, Underwear & Swimwear and India Sourcing Fair: Garments & Accessories – featured 1,300 booths.
"The China Sourcing Fairs fashion series are Asia's premier one-stop sourcing platform for fashion products and the majority of exhibitors are direct manufacturers," said Tommy Wong, president of Global Sources Exhibitions.
He added, "Offering head-to-toe items for all seasons, the shows this fall feature Asia’s leading pavilions for scarves, and sweaters and knitwear."
With a 13.4 percent annual increase in exports of clothing and accessories from China in the first half of 2013, this year's shows have seen booth numbers increase to 1,300, with the belts and footwear pavilion increasing in size by 20 percent, while the underwear pavilion saw a 19-percent increase in size.
"With the value of the global apparel and accessories retail market expected to reach an estimated US$1.36 trillion in 2017, it is no surprise that buyers from some of the world's leading fashion brands, such as Abercrombie & Fitch, Bestseller, Bossini, Cotton On, Diesel, El Corte Ingles, Folli Follie, Gap, Nike, Polo Ralph Lauren and Swarovski have pre-registered to attend to look for next season’s hot sell items,” Wong said.
He added, "The global apparel and accessories retail market is in healthy shape and is forecast to grow at a compound annual growth rate of 4 percent by 2017. Our fairs give international buyers and quality exhibitors in the industry an ideal platform to meet, trade and benefit from this booming market."
To help buyers and exhibitors meet and do business more effectively, Global Sources organized a series of special on-site activities at the Fairs:
The trends Forum in Hall 10 featured color forecasts alongside showcases demonstrating the latest color and style trend forecasts by industry experts Pantone and Fashion Snoops.
The product Showcase in Hall 7 featured hundreds of fashion items that helped exhibitors reach quality buyers and gain more sales opportunities.
There were seminars on sourcing and trends hosted by industry professionals who shared sourcing tips and kept attendees abreast of the latest global trends and color forecasts.
There were private Sourcing Events that allowed pre-selected exhibitors exclusive opportunities to meet large global companies in private during the shows. Sourcing teams from buyers included Aurora, Bossini, C&A, El Corte Ingles, Future Group, Groupe Zannier, Kmart, Lindex, METRO GROUP, and Redcats.
The VIP buyer office suites provided selected buyers with an on-site mobile office, which enhanced their sourcing effectiveness at the show.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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