HOME DISTREE APAC 2016 announces GfK, IE Singapore and Thailand’s SiS Distribution as partners
The fourth annual DISTREE Asia-Pacific (APAC) will take place at the Grand Copthorne Waterfront Hotel in Singapore on 2nd to 4th November 2016. The unique channel event gives consumer technology vendors and brand owners the opportunity to hold pre-scheduled one-on-one meetings with senior executives and buyers from APAC’s most influential distributors, retailers and e-tailers.
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DISTREE Brazil welcomes consumer tech retailers to annual channel showcase event
The sixth annual DISTREE Brazil 2016 (www.distree-brasil.com) starts today in Sao Paulo, Brazil. The focused two-day event provides a powerful opportunity for consumer technology brands to hold pre-scheduled one-on-one meetings with senior executives and buyers from Brazil’s top channel partners, including retailers, e-tailers and distributors.
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JB Hi-Fi to acquire The Good Guys in Australia
Australian retailer JB Hi-Fi has confirmed a deal to acquire retail outfit The Good Guys for a cash sum of AU$870m (US$650m). The Good Guys is a leading home appliances and consumer electronics retailer in Australia with a network of 101 stores. The Good Guys sales hit AU$2.09 billion (US$1.56 billion) for the year ending June 30th 2016, with pre-tax profits coming in at AU$74.2m (US$55.4m). The deal is expected to close in late 2016 or early 2017.
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New Challenger subsidiary set-up in Malaysia
Singapore-based retailer Challenger Technologies has set up a new wholly-owned susbidiary in Malaysisa. The new subsidiary, which is called Hachi MY, has been set up by Challenger Technologies’ wholly-owned Challenge Ventures unit. Announing the incorporation of the new subsidiary, Challenger stated that its principal business would be trading, retail, distribution and online trading if IT and lifestyle products and services.
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Xtouch puts together aggressive UAE bundle
Mobile device brand Xtouch recently launched a special offer in the UAE retail channel, bundling its latest new generation A3 4G LTE smartphone, featuring touch fingerprint sensor technology, with the VFit smart band for just AED599 (US$163) in the UAE. The standalone price for the Xtouch A3 is AED399 (US$109) and the VFit smart band is AED499 (US$136). The bundle deal, exclusively available at at Sharaf DG stores in the UAE, represents a 33% discount on the combined standalone cost. Redington is the distributor supplying the products for the bundle offer.
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DISTREE Brazil confirms additional exhibitors ahead of sixth annual tech channel event
DISTREE Brazil 2016 will create a wealth of new channel business opportunities for consumer technology brands participating at the event later this month. DISTREE Events, the organiser of DISTREE Brazil, has confirmed that HP and Akyumen are Gold Sponsors of this year’s event, with Coletek and Logitech as Silver Sponsors.
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Darty boosts margins with Mirakl marketplace
Marketplace platform provider Mirakl reckons that Darty, a leading European electronics retailer, is seeing better visibility in search, greater profit margins, and new category growth after implementing the Mirakl marketplace solution in 2014. According to a new case study published by Forrester Research, Darty attributes its marketplace success to buy in from C-level support and the foresight to start with non-overlapping product categories, dedicate adequate employee resources, and take advantage Mirakl’s marketplace platform versus custom building their own solution.
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CONTEXT highlights VR retail channel opportunity
Market analysis firm CONTEXT’s latest consumer research has highlighted virtual reality (VR) headsets and accessories as a strong growth opportunity for European technology retailers. A whopping 79% of those questioned said that the ability to demonstrate a VR solution was an important factor in deciding which channel they would buy a VR headset from. That’s music to the ears of retailers that maintain a strong network of bricks and mortar stores, giving them a solid advantage over pure play e-tailers.
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DISTREE Russia ends after successful 13th annual technology channel event
The 13th annual DISTREE Russia ended yesterday with hundreds of senior channel executives attending the two-day event. DISTREE Russia took place from June 22nd to 23rd in St. Petersburg, Russia. DISTREE Russia allowed technology brands and suppliers to hold pre-scheduled one-on-one meetings with top resellers and retailers inside Russia. Thousands of pre-scheduled meetings took place between delegates as DISTREE Russia confirmed its position as the premier annual event for technology companies looking to manage, build or launch routes-to-market within Russia.
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Dixons Carphone takes next step in smart home management
Connected World Services (CWS), a division of retail giant Dixons Carphone, has announced a partnership with Zonoff to offer an IoT-enabled home management and services platform to companies throughout Europe. Zonoff’s leading Consumer IoT technology combined with CWS’ honeyBee platform creates a smart end-to-end platform that companies can use to provide consumers with technology support within their homes.
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