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PetSmart announced today (Dec 9) that it will open its global sourcing office in Hong Kong this month, leveraging the city's strategic location to provide high-quality, innovative products for pet owners.
PetSmart is a renowned specialty pet retailer of services and solutions for the lifetime needs of pets in North America. The new Hong Kong office, located in Kwun Tong, will support the company's global sourcing efforts in Asia and work closely with the US team to ensure all products sourced meet company objectives and customer needs.
Mr Jim Persinger, Director of PetSmart International Holdings Limited, said, "As PetSmart continues to bring pet owners closer to their pets, we have an opportunity in Hong Kong to get closer to our supply chain controlling quality and costs, consolidate our non-food product assortment and develop innovative products in-house that our customers desire."
He added, "Hong Kong is a fast-paced and growing market with close proximity to a significant Mainland factory base that develops high-quality, non-food pet products. Setting up an office in this strategic location will allow us to better serve our customers."
"Hong Kong is strategically located at the heart of Asia, connected with not only Mainland factory base but also many cost-effective manufacturing countries in Asia, such as Vietnam, Thailand, India, Indonesia and Bangladesh," said Dr. Jimmy Chiang, associate director-general of Investment Promotion with Invest Hong Kong. "The establishment of PetSmart's sourcing operations in Hong Kong reaffirms our status as an international trading and sourcing hub."
About PetSmart
Founded in 1987 and headquartered in Phoenix, PetSmart, Inc. is a renowned specialty pet retailer of services and solutions for the lifetime needs of pets in North America. PetSmart employs approximately 53,000 associates, operates 1,444 pet stores in the United States, Canada and Puerto Rico and approximately 202 in-store PetSmart® PetsHotel® dog and cat boarding facilities. PetSmart provides a broad range of competitively priced pet food and pet products and offers dog training, pet grooming, pet boarding, PetSmart Doggie Day Camp day care services and pet adoption services in-store. For more information, please visit: www.petsmart.com.
About InvestHK
Invest Hong Kong (InvestHK) is the department of the Hong Kong Special Administrative Region Government established in July 2000 to attract foreign direct investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong's vibrant economy. As at June 2015, InvestHK had assisted over 3,700 companies which have created more than 40,200 new jobs in the first year of operation or expansion and over $99 billion of investment. For more information, please visit www.investhk.gov.hk.
For event photos, please visit: www.flickr.com/photos/investhk/albums/72157662197513325.
Ends/Wednesday, December 9, 2015
Issued at HKT 11:58
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