June 24, 2017

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Marvel signs HMD Global deal for Nokia devices

Russian distributor Marvel has struck a distribution deal with HMD Global, the Finland-based company supplying smartphones under the Nokia brand name. Aleksey Zenkov, general manager of HMD Global in Russia, said: “We are very pleased to cooperate with a large distributor such as Marvel in Russia.” Read full story

by Stuart Wilson, Friday 19 May 2017

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). Read full story

by Stuart Wilson, Friday 19 May 2017

ELKO Group unveils new brand identity

Emerging markets distributor ELKO Group has whipped the covers off a new brand identity. Svens Dinsdorfs, CEO at ELKO Group, said: “The necessity to empower the exchange of knowledge and technology has become crucial. In both directions: from manufacturers to partners, and from the market back to the manufacturers. We believe that our future success as a company depends on the learning process of our team and the ability to effectively transfer knowledge along the supply chain.” Read full story

by Stuart Wilson, Friday 19 May 2017

Thunderobot arrives in Europe

Asia-based gaming laptop brand Thunderobot hopes to make its mark in Europe. The company is introducing the ST-PLUS laptop, its best-selling international product, in European markets. Carlos Patón, product manager in Europe for Thunderobot, said: “Our product is designed in detail by gamers for gamers, players who know very well what they need in terms of hardware and accessories. Born for gaming, born for gamers - this is our DNA.” Read full story

by Stuart Wilson, Friday 19 May 2017

Online marketplaces drive Russian e-commerce growth

According to AKIT, the association of Russian e-commerce companies, online sales in Russia grew 15% year-on-year in calendar 2016 to hit RUB850 billion (US$14.9 billion). The research firm claims that online still only accounts for 4% of domestic retail in Russia. In comparison, online accounts for 12% of the UK market. AKIT believes that the e-commerce market in Russia has huge potential for further growth, which could be driven by the entry of large international players. Read full story

by Stuart Wilson, Friday 19 May 2017

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.” Read full story

by Stuart Wilson, Thursday 18 May 2017

CACTUS confirmed for DISTREE Russia 2017

CACTUS is a fast-growing brand that aims to set new standards for market-compatible printing consumables and accessories. CACTUS is participating at DISTREE Russia 2017, giving the company the opportunity to meet buyers and senior executives from the country’s top distributors, resellers and retailers. Roman Samoylov CEO at CACTUS, said: “We first participated in DISTREE Russia back in 2015 and the experience has been highly successful Read full story

by Stuart Wilson, Thursday 18 May 2017

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. Read full story

by Stuart Wilson, Wednesday 17 May 2017

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. Read full story

by Stuart Wilson, Tuesday 16 May 2017

DISTREE Diamond Award winners selected by Middle East’s consumer tech retailers and e-tailers

The 3rd annual Middle East DISTREE Diamond Awards took place on May 9th in Dubai, in conjunction with regional consumer tech channel event DISTREE Middle East 2017. During the event, senior executives from consumer tech retailers and e-tailers were asked to assess all exhibitors on a range of factors including product portfolio, product roadmap, channel programme, business potential, go-to-market strategy, presentations and the quality of meetings and interaction at DISTREE Middle East 2017. Read full story

by Stuart Wilson, Tuesday 16 May 2017

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