HOME Safmar Group reshapes Russian consumer tech retail
The Russian retail channel has undergone significant consolidation in recent months. Safmar Group announced the completion of its acquisition of 100% of the investment company previously owned by Alexander Tynkovan and his partners, which, in turn, owned 57.7% of M.video, at the end of April. Safmar Retail will now become the management company for retail chains M.video and Eldorado, as well as a new online marketplace project called goods.ru.
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GameSeek picks Mirakl for marketplace push
Online marketplace management platform provider Mirakl has announced that UK online store, GameSeek, has chosen its business-to-consumer (B2C) marketplace platform. The new platform is part of GameSeek’s aim to build the biggest and best consumer marketplace for gaming, electronics, books, clothing, toys and gadgets.
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Positronica maintains Russian growth rates
Russian consumer tech and electronics retail franchise Positronica ended the first quarter of 2017 with 169 trading points. The Positronica chain, which has been developed by Russian distribution giant Merlion, added 16 new stores to its network in 2016, plus 26 additional points of presence for processing and picking up internet orders. Positronica’s sales in 2016 hit RUB10 billion (US$175m).
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AliExpress eyes Russian e-commerce potential
Online marketplace AliExpress has identified Russia as a market of significant growth potential, comparing the current levels of e-commerce development to the situation in China several years ago. The current situation with sanctions is also encouraging more brands from China, ASEAN and India to look at the opportunity to build channels in Russia. Chris Devonshire-Ellis of professional services firm Dezan Shira & Associates, stated: “AliExpress’s experience is really taking up the loose reins that the EU left dangling when they imposed sanctions on Russia. Europe will find they have no business opportunities to go back to in Russia once the sanctions are lifted.”
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E-tailer letstango.com revamps website
UAE-based e-tailer letstango.com is making a multimillion dollar investment to revamp its website, shifting to a new platform and a new design that will make browsing easier for online shoppers. Letstango.com is a member of the Dubai Chamber of Commerce and Industry (DCCI) and is now in its fourth year of operation. The company was named e-tailer of the year at the recent Middle East Retail Academy (MERA) Awards held in Dubai in conjunction with DISTREE Middle East 2017.
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Winners of MERA Initiative and Icon Awards announced at DISTREE Middle East
The 10th annual Middle East Retail Academy (MERA) Awards took place on May 9th in Dubai, in conjunction with regional consumer tech channel event DISTREE Middle East 2017. The MERA Awards included a series of initiative categories, with retailers, distributors and vendors submitting detailed application packs that were assessed by a VIP Jury. There was also an individual award for a retail executive – chosen by the VIP Jury – who has played a pivotal role in driving the growth and evolution of the consumer tech retail channel in the Middle East.
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Leading Middle East consumer tech distributors and retailers recognised at 10th annual MERA Awards
The 10th annual Middle East Retail Academy (MERA) Awards took place on May 9th in Dubai, in conjunction with regional consumer tech channel event DISTREE Middle East 2017. The awards recognised outstanding performance in the market, with categories covering distributors, retailers, e-tailers and online marketplaces. Stuart Wilson, organiser of the MERA Awards, stated: “We congratulate all winners on their achievement. The winners in each category were determined using continuous channel feedback from the last 12 months, plus input from a VIP Jury.”
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DISTREE Middle East completes successful three-day consumer tech channel event in Dubai
DISTREE Middle East took place from May 8-10th at the Meydan Racecourse in Dubai, UAE. This week’s event gathered more than 200 senior executives and buyers from the region’s leading consumer technology retailers and e-tailers in one place at one time. During the three-day event, exhibiting vendors and distributors held thousands of pre-scheduled one-on-one meetings with buyers from across the region.
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DISTREE Middle East 2017 unites regional consumer technology channel
DISTREE Middle East takes place from May 8-10th at the Meydan Racecourse in Dubai, UAE. This week’s event gathers more than 200 senior executives and buyers from the region’s leading consumer technology retailers and e-tailers in one place at one time. During the three-day event, exhibiting vendors and distributors will hold thousands of pre-scheduled one-on-one meetings with buyers from across the region.
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Whoopey.com promotes e-commerce credentials
E-commerce platform Whoopey.com will look to build brand awareness at this week’s DISTREE Middle East event in Dubai, joining 200-plus consumer tech retail and e-tail executives at the region’s leading annual channel event. Saad Khan, CEO at Whoopey.com, said: “Whoopey.com is an electronics-focused, e-commerce platform offering 5000-plus SKUs from 100-plus brands. DISTREE offers the ideal platform to meet and interact with a wide gamut of vendors and brands across the category who do not have an online presence or are looking to expand their online reach.”
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