Global Sources' China Sourcing Fair: Fashion Accessories on Track to be 30-percent Larger

September 19, 2011

Global Sources' China Sourcing Fair: Fashion Accessories exhibition still is more than a month away but not only is its showfloor already sold out, but it’s also on track to be 30-percent larger than last year’s show.

"Quality suppliers in the Greater China region continue to see our show as a unique and highly effective platform for trading with the world's top fashion buyers," said Tommy Wong, president of Global Sources Exhibitions.

He added, "This October Fair will be our largest-ever fashion accessories show. Over 800 booths have been sold out well in advance and this represents a remarkable 30 percent growth from a year ago."

The show, which was launched in 2006, is scheduled to run on Oct. 27-30 at the AsiaWorld-Expo in Hong Kong.

China Sourcing Fair: Fashion Accessories will be collocated with China Sourcing Fairs: Garments & Textiles, Underwear & Swimwear and India Sourcing Fair: Garments & Accessories.

These product lines have seen strong export growth leading to a surge in the events.

 In the first seven months of 2011, mainland China's apparel and accessories industry generated sales of US$83.12 billion, up by 24.4 percent from the same period a year earlier, according to mainland China Customs statistics.

Several of the pavilions at the October event are expected to be larger, including fashion jewelry and bags, socks and headwear and scarves and gloves.

Most of the exhibitors will be from Mainland China, but buyers also can have the opportunity to see fashion products from other places such as Hong Kong, Taiwan, India, South Korea and the Philippines.

Buyers attending the spring 2011 event included Collezione, Fairweather, Folli Follie, Kookai, Levi's, Next, O'Neill, Polo Ralph Lauren, Quiksilver and Samsonite, and organizers of the fall event expect to have the same level of visitors.

To boost sourcing productivity for buyers and exhibition investment for suppliers before, during and after the physical shows, the China Sourcing Fair series in Hong Kong this October will be complemented by respective online shows, according to Global Sources’ officials.

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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.