Category Archives: Entrepreneur

Julie Wainwright Entrepreneur And Founder Of The RealReal

Julie Wainwright is the Chief Executive Officer (CEO) of The RealReal company. For many years, Julie Wainwright has said her company, The RealReal would be closing its door to the private financial sector. The RealReal will be conducting only Initial Public Offering (IPO) and would get a new investment.

The founder of the elegant fashion site, Julie Wainwright, is focused on brand name clothes such as Louis Vuitton and Gucci that are second-hand. According to Julie Wainwright, they are trying to get investors to raise 100 million dollars in the financing of the company from many sources. Seven years ago, since they began raising money, over 170 million dollars have been raised by The RealReal.

There may be a few reasons why The RealReal is concentraiting it conduction efforts to raise funds. The company, The RealReal, may not have reached the level that would draw the attention of appropriator and financial backers. The other reason for the effort to raise such huge amount of money, maybe that The RealReal may need to prove that it is worth investing in, as a long-term business.

Those investors that are associated with The RealReal may have come to the realization that the secondhand merchandise for luxury products is a greater opportunity than they originally thought. They may be self-assured that the site can acquire more share in the market by investing in higher expansion.

The RealReal originally focused on luxury items for women and expanded into decorations for the home, watches, clothing for men, and art. Sellers can sell and ship their products to The RealReal on consignment. When the items sell, the seller gets 60 percent of the sale and The RealReal gets 50 percent. To protect against selling items that are knock-offs, The RealReal has a team of employees that checks the authenticity of the products.

According to Julie Wainwright, The RealReal does not get the number of products they would like when it comes to the men’s department. The men make up twenty percent of those who shop at The RealReal. Customers are purchasing mainly goods made from leather, watches, and clothing items.

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OSI Group Expands Business In Europe and Asia

Globalization in business refers to the movement of territories across a relatively expanded space internationally. For most businesses, this is a big deal because it calls for more resources for expansion as well as more teams for management and customer service. OSI Group is one company that has managed to successfully expand its boundaries through globalization. Challenging as it may be, OSI Group has emerged successful. That is why the firm continues to receive extensive strong entrepreneurial networks for more projects as well as well as business deals. OSI Group is a meat based products manufacturer that is privately owned in America.

Leadership

The direction a company takes is determined by its leadership structure. For a company to be successful, the leaders involved must be focused in representing the business. At OSI Group, there are two main leaders who chair the firm especially in critical thinking and decision making. Sheldon Lavin and David McDonald have been gifted with exemplary leadership skills that set OSI Group apart. Located in Illinois, OSI Group supplies meat based products to many states outside America. The firm thrives on customer service and proper delivery of the products manufactured. In fact, most people hardly realize that they have been consuming products from OSI Group. This is because the service delivery platform is diverse and pronounced. The impact of OSI Group is tremendously growing.

Expansion In Europe

Recently, OSI Group expanded its territory to Europe. Sheldon Lavin spearheaded the project with the acquisition of Baho being part of the story. The Dutch company has affiliates in Germany and Netherlands. During the acquisition, Baho offered food services to approximately 18 countries. Baho started to register high profit generation after the acquisition. The plan to expand the operations of this company continues to be put in place with the management of the two key leaders.

Extensive Growth

OSI Group continues to expand in Europe. In 2016, the company purchased Flagship Europe. This was a step towards acquiring the firm’s production in frozen poultry, condiments as well as pies. With a strong leadership system for support, Flagship Europe is projected to be able to participate in various projects that will lead to the success of the firm. OSI Group is definitely going places as recently, the firm expanded its operations to Germany as well as Spain. OSI Group takes pride in being able to supply products to any states across the world. Aside from that, the products are of high quality.

OSI Group info: www.foodworks.pl/en/osi-group-en.html

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