HOME DISTREE APAC 2019 exhibitors to benefit from access to Structured Wishlist system
DISTREE Events has confirmed that its Structured Wishlist system will be made available to exhibitors participating at DISTREE Asia-Pacific (APAC) 2019, which takes place in Singapore on November 6-8th. DISTREE APAC is a premium hosted buyer event that allows consumer tech, consumer electronics (CE) and IT brands to hold pre-scheduled one-on-one meetings with senior executives from top distributors, retailers and e-tailers from across the region.
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RLVNT Distribution signs COROS
RLVNT Distribution, a specialist in sports and lifestyle technology, has signed a distribution agreement with COROS Wearables. COROS develops products for explorers and athletes with a focus on creating inspiring experiences under extreme conditions. The distribution agreement includes Sweden, Norway, Denmark, Finland, Benelux and France and will initially focus on COROS’ GPS Multisport watch APEX.
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CMS Distribution extends Micro Focus partnership
CMS Distribution, a specialist distributor supplying business and consumer technologies has announced an extended partnership with Micro Focus, the seventh largest pure-play software company in the world. CMS customers will now be able to access the complete Micro Focus portfolio, providing world-class enterprise-grade scalable solutions, delivering innovation across DevOps, hybrid IT, security and risk management and predictive analytics.
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Go Instore solution drives HP retail sales
Go Instore, a provider of immersive omnichannel retail experiences for personalised ecommerce, today announced the success HP inc have had in providing human-led digital user experiences for their retail partners’ online customers. Go Instore is providing HP’s online shoppers with authentic, physical in-store experiences through an immersive live one-way HD video and two-way audio conversation with a HP in-store sales expert.
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Xtrfy signs Pacificomm as distributor
Swedish gaming brand Xtrfy has strengthened its channel reach in Asia-Pacific, appointing Pacificomm as an exclusive distribution partner for Australia and New Zealand. Pacificomm has already started onboarding retailers and resellers to drive Xtrfy’s sales in the region. Xtrfy are already in the assortment at retailers such as JB Hi-Fi and Mwave.
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Western European distributor PC revenues continue to rise
Western Europe’s largest distributors saw revenues from PC sales continue to rise in early first quarter 2019 after a significant increase last year, according to data published by CONTEXT, the IT market intelligence company. PC revenues were up by 6% year-on-year during the first two months of the year – to €2 billion (US$2.28 billion) – on the back of a 5% growth last year.
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Russian smart home market to hit US$2.3 billion by 2023
Market research from Statista has highlighted the huge growth opportunities in the Russian smart home segment. Sales in the smart home market are forecast to hit US$609m in 2019, with an annual growth rate of 40.4% driving the overall market value to US$2.37 billion per annum by 2023. Household penetration of smart home solutions stands at just 2.8% in 2019, but is projected to climb to 10.7% by 2023.
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NASDAQ-quoted gaming headset and audio accessories brand Turtle Beach has announced an agreement to buy Roccat – a German PC peripherals brand offering gaming mice, keyboards and other accessories. Turtle Beach will pay US$14.8m cash for Roccat, plus up to US$3.4m in earnout payments. Roccat is expected to boost Turtle Beach’s sales by more than US$30m in 2020.
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M.Video-Eldorado targets 1100 stores by 2022
Russia-based retail colossus M.Video-Eldorado has reported pro-forma group sales for calendar 2018 of US$6.44 billion – up 17.7% year-on-year. The company’s online sales grew 31% in 2018 to hit US$1.18 billion. M.Video-Eldorado is Russia’s largest consumer electronics (CE) retailer by revenues, according to the company. M.Video-Eldorado ended 2018 with 941 stores in its network with plans to operate a total of 1,100 stores by the end of 2022.
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Russian tech market expands 16.6% in 2018
Research house GfK’s most recent TEMAX analysis of the ICT, telecoms and consumer electronics market in Russia indicates that the total market value hit US$8.2 billion in the fourth quarter of 2018 – up 16.3% year-on-year. The positive market development continued as consumers found attractive offers in retail and accelerated purchase decisions ahead of VAT changes planned for 2019. Total sales in Russia for calendar 2018 hit US$25.8 billion – up 16.6% year-on-year
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