Mar 22, 2016
Global Sources released its financial results for the year ended Dec. 31, 2015. Revenues from continuing operations in 2015 were US$171.0 million, down 4.6 percent, compared with the US$179.3 million recorded in 2014.
Adjusted EBITDA fell to US$30.5 million from US$37.3 million in 2014. Net profits slipped to US$18.8 million in 2015 – down from US$22.5 million in the previous year. IFRS net profit, however, jumped 63 percent year-on-year to US$29.9 million from US$18.3 million in 2014.
More than half of the revenues were generated from the company’s exhibitions business – amounting to US$92… more
Mar 22, 2016
The Consumer Technology Association, formerly the Consumer Electronics Association (CEA), has revealed Kirk Skaugen, senior vice president and general manager of the Client Computing Group for Intel Corporation, as the speaker who will deliver a keynote address at the upcoming CES Asia™ 2016.
Owned and produced by CTA, and co-produced by Intex Shanghai, CES Asia 2016 will run May 11-13 in Shanghai, China at the Shanghai New International Exhibition Centre (SNIEC).
Skaugen's keynote will take place on May 11 at the Kerry Hotel, Shanghai Ballrooms 2-3. He will detail the… more
Mar 22, 2016
After a trio of terrorist bombings rocked the Belgian capital, two at Brussels’ airport and another at a metro station, the city’s main exhibition venue – Brussels Expo – announced several shows scheduled in the building were canceled.
A note on the venue’s Web site stated: “Due to the exceptional circumstances in Brussels, the PRS Europe Show of today and tomorrow is canceled. The Autotechnica show will not open this Tuesday and Thursday. INFOSECURITY and FOROM FOR THE FUTURE also are canceled. Thank you for your understanding.
The Autotechnica show, organized by i-ONE and Traxio, was about… more
Mar 22, 2016
The Kuala Lumpur Convention Centre (the Centre) recently became the first facility in Malaysia to install the 6500 ANSI Lumens laser technology projector as part of her RM3.1 million investment to upgrade the audio-visual (AV) capabilities in the venue’s 21 meeting rooms.
According to the Centre’s General Manager, Alan Pryor, the Centre is currently regarded as the most technologically-advanced facility in Malaysia, and the investment “reflects our commitment to continuously upgrade and improve the quality of service delivery for the Centre’s delegates and visitors.”
He added, “As technology… more
Mar 21, 2016
The Electronic Software Association’s E3 Expo won’t have some key gaming companies on the showfloor – such as EA and Activision – when the show opens its doors in June at the Los Angeles Convention Center. The game publishers, instead, are opting for smaller, public-focused events.
Other companies, including Wargaming and Disney Interactive, also have decided to skip booths at the show this year, prompting rumors that maybe the show would change its rules and allow the public to attend.
Not so fast, according to Dan Hewitt, ESA’s vice president of Media Relations and Event Management.
“The… more
Mar 18, 2016
One hundred and eighty-seven years hardly is a nice round number, so the Pennsylvania Flower Show (founded in 1829) is sharing the stage with the relative youngster National Park Service, celebrating its sweet 100.
“The Pennsylvania Horticultural Society is honored that the Philadelphia Flower Show has been chosen by the National Park Service as a centennial event marking this amazing milestone,” said Sam Lemheney, PHS Chief of Shows & Events.
The centennial celebrations formed this year's theme "Explore America" at the show, which ran March 5-13 at the Pennsylvania Convention Center, and… more
Mar 17, 2016
The first National Machine Tool Builders’ Exposition in 1927 featured so much equipment that a special transformer station had to be constructed to handle the 428 operating devices ranging from electric drills to
100,000-pound milling machines. More than 12,000 attendees streamed through the Cleveland Auditorium at that inaugural event.
The National Machine Tool Builders’ Association (NMTBA) launched the show with the commitment to bring new technology to the market and demonstrate the importance of manufacturing technology, both present and future. By the time the second show was held in… more
Mar 17, 2016
Sue Trizila is president and CEO of Wyndham Jade and joined the company in 1994, growing it from a $20 million entity to a $140 million enterprise, employing 110 employees. Trizila began her nearly 50-year career with Eastern Airlines and has since worked for both public and private travel-related companies.
Before joining Wyndham Jade, Trizila worked for CUC Travel Services, where she launched a private label vacation product line serving millions of travel club members. Prior to CUC, She founded and owned ProTrav, an international vacation wholesaler. TSNN interviewed… more
Mar 17, 2016
Suppliers ranging from convention and visitors bureaus to electrical services to display companies either promoted from within or added onto their ranks to mark the beginning of a busy spring season.
Claude Molinari has been named by SMG the general manager of Cobo Center, effective immediately.
Since SMG assumed operations management of Cobo Center in 2010, Molinari has been the assistant general manager of Cobo under Thom Connors.
Connors will continue his corporate role with SMG, including oversight of the Cobo Center account. “This is a natural transition,” Westley said, SMG’s president… more
Mar 17, 2016
Attendees at the National Retail Dry Goods Association (NRDGA) Annual Meeting in January 1911 probably didn’t realize they were witnessing history in the making. But what started that year as a small event at a hotel in New York City during the annual buyers’ market has now become Retail’s BIG Show, one of the longest-running trade shows in the U.S.
The NRDGA chose January because that was when retailers flooded New York fresh from their cash-infused holiday season, ready to purchase apparel and merchandise for the coming year. But holding the event in the height of winter has sometimes… more
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.