HOME ALSO launches new financing unit
Distributor ALSO Group is expanding its range of financing and services with the launch of a new leasing company, ALSO Financial Services. The new offering for resellers extends ALSO’s services portfolio. Previously, customer leasing inquiries were referred to external partners, but now, customers can receive new, expanded financing solutions as part of a single offer. This also guarantees faster response times and a flexible, broad offering, according to ALSO.
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Tech Data reseller rides credit elevator to top floor
Distributor Tech Data has seen one of its UK customers reach the new £1m (US$1.36m) top line of its credit elevator programme. Tech Data claims that this underlines the need for the scheme and how effective it can be in giving businesses the ability to step up to height limits without having to go through repeated reassessments. The reseller concerned had been on the previous accelerator programme but stepped up to the new scheme when it was launched in February.
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Nuance Communications was named ‘Ricoh UK Technology Vendor of the Year’ at the annual Ricoh Sales Kick Off, which took place last month. It is an accolade that aims to reward partners that demonstrate a drive for results and strategic planning capabilities, while being proficient in building relationships and articulating value.
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INTERVIEW: Alexey Pershin, NAVITEL
NAVITEL will showcase a range of navigation products at this month’s DISTREE Russia tech channel hosted buyer event, opening up new business opportunities within the vast Russian market. The event, which takes place in Moscow from May 30th to June 1st, offers exhibitors a unique opportunity to pre-schedule one-on-one meetings with senior executives from Russia’s top B2C and B2B channel partners. Alexey Pershin, Executive Director at NAVITEL, gave Channel EMEA an update on the company’s plans for this year’s event.
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Distributor Exertis plans to start distributing a wide range of core electrical products in the UK. Established and emerging vendors will be on-boarded in the coming weeks. The category will sit within Exertis’ consumer business unit and will be headed up by Harriet Croft who has joined from Argos. Exertis will initially focus on the small domestic appliance (SDA) and electronic personal care (EPC) categories.
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CMS Distribution sales exceed US$600m in 2017
Storit Limited, the holding company of CMS Distribution, boosted sales 38% in calendar 2017 to hit US$606.5m with pre-tax profits up 40% year-on-year at US$23.5m – a pre-tax profit margin of 3.9%. Frank Salmon, founder and CEO of Storit, said: “In February 2017, we were delighted to welcome TNS Connect into the Group. The TNS team are experts in emerging consumer technologies with an impressive portfolio of vendors and customers stretching worldwide. This acquisition has allowed CMS to expand into the Asia Pacific region as we continue our global growth trajectory.”
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Krusell appoints Alström as Nordics manager
Accessories brand Krusell has appointed Sara Alström as country manager Nordics. Alström comes from a position as Nordic account manager accessories at Brightstar and has a background at Strax as sales manager for Nordics & Baltics. Stefan Kedling, global sales director at Krusell, said: “We’re very proud to have a highly competent person like Sara joining our team in Sweden.”
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Alexander Kataev, General Manager, Lenovo Russia, to deliver GameChanger keynote at DISTREE Russia
DISTREE Russia has confirmed that Lenovo will deliver a GameChanger keynote presentation at this year’s 15th anniversary event, which takes place in Moscow on May 30th to June 1st, 2018. Alexander Kataev, General Manager, Lenovo Russia, will deliver the keynote presentation entitled: ‘Market Growth Drivers for PCs & Laptops’. Kataev will present the key trends that Lenovo is focusing on in both the consumer and commercial PC segments. Lenovo’s GameChanger presentation will highlight the categories and segments channel partners need to focus on to drive future business success.
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Smart toy revenues to hit US$18 billion in 2023
A new report from Juniper Research claims that smart yoys will represent an US$18 billion hardware and software market by 2023, up from an estimated $6 billion in 2018. This increase will primarily be driven by the growing popularity of smartphone‑connected toys and related in-app purchases, which are projected to grow by 69% annually over the next five years.
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DNS President Dmitry Alexeev confirmed to deliver GameChanger keynote at DISTREE Russia 2018
DISTREE Russia has confirmed that leading retailer DNS will deliver a GameChanger keynote presentation at this year’s 15th anniversary event, which takes place in Moscow on May 30th to June 1st, 2018. Dmitry Alexeev, President, DNS Group of Companies, will deliver the keynote presentation entitled: ‘Does the Digital Channel have a Future?’ The presentation will cover the evolution of digital channels in Russia, exploring possible scenarios for future development, assessing the risks and opportunities for future business development.
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