The RealReal’s Very Real Success Through its Popups

The RealReal’s director of marketing Allison Sommer recognized the fact within her luxury consignment industry that ambiance created through the retail outlet experience enhances their customers’ purchasing experience and increases the dollar size of those purchases.

With their November, 2016 popup in New York City, the firm saw purchases grow to 6 times the value of those made through its online outlet. The company earned $2 million in gross merchandise sales, as well.

Management is building upon this success through their announcement that 2018 will be the year that The RealReal increases its expansion of its popup outlets throughout the U.S.

Noting the importance of the outlet experience to their buyers, and their bottom line, Sommer points to the 5 fold increase in business from San Francisco area customers online purchases, following their popup in the city during the 4th quarter of 2017.

Maintaining a presence at the street level affirms the company’s position among other luxury outlets notes Sommer.

The RealReal is eying Las Vegas as the next popup location, with the idea of introducing their successful model in areas that are unaffected by the cosmopolitan “popup frenzy” in the larger markets of New York and Los Angeles.

With a global membership count upwards of 7 million, the company knows the right mix of pampering and experience that is required to build a successful, high-end consignment business.

They build upon this through the premium their organization places on its customers. Affirmed in acquiring staff experience with backgrounds as diverse as Sotheby’s and Gucci, The RealReal honors its commitment of being customer driven as opposed to having a sales team that is primarily commission minded.

Originally focusing on apparel sales, the company branched into watches and designer jewelry following the requests of their consignors and customers. Acting on those leads, the highly successful product line expansion brought in $100 million in sales in 2016.

Among the talent responsible for the firm’s success, CEO Julie Wainwright, having built a strong reputation in startups beginning with the dot com era has seen the firm’s sales grow to $500 million in the 6 years since its founding. The RealReal is widely recognized as a leader within the luxury consignment marketplace.

Success of Clayton Hutson

Success is defined as the accomplishments of one’s goals, and for Clayton Hutson, that couldn’t be more true. For one of his most recent tours, Hutson read about the company’s SD11 rack-mountable system, which is a digital mixing system, and thought of nothing else except getting his hands on one for a 2017 tour. Hutson has been a long-time user of DiGiCo products, and held multiple titles for the tour, including FOH/Monitor engineer and day-to-day/Production/Tour Manager.

 

“I’ve had a long history with DiGiCo and when I saw the SD11 on the website, I made a plea to the audio-powers-that-be to make it happen. We were in the middle of the tour and the console appeared a few days later on a show day.” Hutson said.

 

The OneRepublic 2017 Honda Civic tour included a mandate for clean design and it drove all production decisions for the tour. VER, the go-to company for production equipment and solutions, came up with a solution by providing audio, video and lighting, and tied it together with automated rigging for the 2017 North American that was held over the summer. The OneRepublic 2017 Honda Civic Tour ran from July 7-September 12 throughout North America, and followed with a tour in Asia from September 17-25.

 

The show designer, Raj Kapoor, along with the co-production designer and lighting designer, Mark Butts, had a long conversation about their design dilemma with David Martin and Richard Cano, project managers at VER. Together, they worked to come up with an automated rigging system to safely and accurately move trusses that carried 70,000 pounds of lighting, audio and LED video panels.

 

“The Kinesys system is brilliant,” Hutson says. “The movements are repeatable and precise, it allows us to ‘thread the needle’ so to speak, as many our cues are timed now. The system executes perfectly.”

 

Hutson has also used VER products working with Grammy-awarded NeoSoul stylist Maxwell, who made a return to stage on a co-bill tour with singer-songwriter Jill Scott. The monitors were controlled by using an SD7.

 

“The SD7 was literally the only console that could come close to doing what we needed it to do,” said Hutson, “One of the beauties of the console is that anything you want it to do, it will do, and it’s a very stable platform.” Learn more:  https://www.crunchbase.com/person/clayton-hutson-1a2e

 

What Is Sahm Adrangi Known For?

Kerrisdale Capital Management was founded in 2009 by its Chief Investment Officer, Sahm Adrangi. While building the firm, Adrangi has taken an active role in each area of its development. Although more than $150 million dollars is currently under Kerrisdale’s management, the firm managed under $1 million when Adrangi first launched it.

While Sahm Adrangi’s short selling results are quite impressive, he is actually better known for publishing research on companies that he thinks the market currently holds misconceptions about. Two types of stocks that he frequently shares his opinions about are under-followed longs and shorts he believes to be over-hyped.

The Securities and Exchange Commission even took enforcement actions against some of the companies that Sahm Adrangi exposed as fraudulent, like ChinaCast Education Corp and China Education Aliiance. He gained a lot of attention after shorting and publicly exposing several of these fraudulent Chinese companies in 2010 and 2011.

So many different companies and industries have been the focus of his research, but Sahm Adrangi’s focus has, in recent years, been on a few sectors that he has expertise in. The biotechnology sector is one of these, and he has released information on Bavarian Nordic, Zafgen, Pulse Biosciences, Unilife and many more. His research is often focused on the development stages of these companies and their future prospects.

Deutsche Bank was the place where Sahm Adrangi began his career in the world of finance. There, he handled loan debt financing, both high-yield an leveraged. He also worked for several years at Longacre Management, the multi-billion-dollar hedge fund.

Adrangi completed his Bachelor of Arts in Economics upon graduating from Yale University. Thanks to the attention he has gained, both from his trading success and from his research, several investment conferencesave given him the opportunity to share his knowledge by speaking to other investors.

Paul Mampilly’s Offers Investment Tips To The Ordinary People.

The iconic investor called Paul Mampilly is an MBA graduate of Fordham University. After his studies, he began his career in the financial sector where he served as the assistant portfolio manager for Bankers Trust in 1991. As a result of his outstanding knowledge and experience, he landed a position at the Deutsche Bank as well as ING. He continued with his quest for better pay and working conditions at the Kinetics Assets Management. While at the billion dollar hedge fund, Paul Mampilly grew the company’s assets to over $25 billion that the Barons named the firm as among the best in the world.

From time to time, Paul Mampilly was discouraged with the slow pace at the Wall Street. Besides, he was not happy with serving the rich, and he made a life decision to quit Wall Street to spend time with his family. As at now, Paul Mampilly still carries on with investment ventures as an analyst in the financial industry.

A significant source of satisfaction that Paul and his team get is from helping the ordinary people make money from their investments. He offers expert research to the public on the best ways to make money from s investments opportunities. He relays the information through newsletters that contain sound advice as well investment strategies that are useful to the everyday people.

Paul Mampilly is a favorite guy and featured in interviews with leading media outlets such as Bloomberg TV, Fox Business News, CNBC just to mention a few. By listening to how Paul Mampilly answers questions, it gives the public a clear overview of his career and the impacts he brings to the society.

In spite of the fact, Paul Left Wall Street, he still carries out investments. He has continued to follow the market trends and tracking of companies. His services have enabled him to make successful investments as well as assisting others to make money. Paul has a firm belief in keeping things simple and sticking to buying and selling patterns.

At the wake of 2008 and 2009 financial crisis, Paul participated in a competition organized and sponsored by Templeton foundation. He acquired $55 million which he invested within one year and made returns of $88 million. It was such an incredible competition that made Paul Mampilly stood out from the others due to lucrative returns he made. More so, he appreciates the fact that he shares his investment tips and strategies.

Paul Mampilly @ https://www.facebook.com/PaulMampillyGuru/

David McDonald, Success &The OSI Group

Nearly famous entrepreneur David (a.k.a. “Dave”) G. McDonald has quite a few interests. At present, McDonald is presently concerned with several businesses. He is 54 years old.

He is currently serving as both the president and the CEO or chief operating officer of the Washington, D.C.-headquartered firm known as the OSI Group, LLC. Additionally, he is seated on the OSI Group’s board of directors. McDonald is also now serving as the current director of the Australia-based OSI International Foods Pty Ltd.

Business Resume

He also has other duties. He is also the North American Meat Institute (NAMI) chairman. McDonald’s business resume includes once serving as one of OSI’s project manager. He also worked for nearly a decade as one of the independent directors for the company named M. G. Foods S.A. He signed on with them after a firm known as M. F. e Comércio de Alimentos purchased the OSI’s other offices in Brazil and in Europe.

Formal Education

McDonald decided to continue his education after graduating from high school. He applied to ISU (Iowa State University.) His studies focused on the topic of animal science. He finished his classes and graduated with a B.S. degree in 1987.

McDonald On The Topic Of OSI Group’s Sustainability

The CEO CFO Interviews website interviewed David McDonald on a number of subjects. He answered questions about such things as the OSI Group’s various new innovations, present-day direction, as well as the continued and general sustainability of the corporation.

David McDonald told the interviewer that in his opinion the business is constantly pushing towards significant growth and expansion. McDonald also stated that the values of the company still more or less remain as they originally were but added the firm’s strategies for handling certain situations that arise, similar to their many products and services, are almost always changing. Finally, he closed the interview by concluding that he is very, very proud of the many successes of the OSI Group.

OSI Acquisition OfBaho Food Business

More recently David McDonald was in charge of the OSI Group purchasing of a company known as Baho Food. Baho Food is reportedly the biggest convenience food processing firm in all of the Netherlands. Following the conclusion of the contract signing, McDonald told reporters that the purchase of BF would definitely help OSI to better serve all of their customers in Europe.

https://en.wikipedia.org/wiki/OSI_Group

Jim Larkin and Michael Lacey Continue Defending Free Speech and First Amendment Rights

Michael Lacey and Jim Larkin are the founders of the Lacey and Larkin Frontera Fund which was established as a deliberate and conscious effort of trying to help eradicate migrant rights violations in the state of Arizona.

The two media personalities used monies worth around $3.7 million that were paid to them by Maricopa County as settlement for a lawsuit against former Maricopa County Sherriff Joe Arpaio and his office for illegally arresting the journalists without probable cause to set up the fund.

The Frontera Fund supports not-for-profit organizations whose main objective is fighting for the rights of the members of Latino and Hispanic descent within the state of Arizona by giving them grants which go a long way in helping them carry out their functions.

In an effort to get more coverage of the work they are doing, the duo recently launched another online publication known as Front Page Confidential whose main focus will be to tell stories about anyone trying to muzzle the media by threatening free speech.

The website will also act as a whistleblower with aims of being the first among the rest in reporting instances whenever the First Amendment rights of any individual have been violated.

For Michael Lacey and Jim Larkin, this will not be their first time reporting against civil rights violations as they have been doing this for decades leading to instances where they have found themselves at loggerheads with law enforcement officials.

For instance, during Mr. Joe Arpaio’s 24 year tenure as Maricopa County Sherriff, Mr. Lacey and Larkin did not shy away from controversy but instead published several stories about the transgressions that were happening under the Sherriff’s watch including but not limited to financial misappropriations in the Sherriff’s office, the poor state of jails under the Sherriff’s jurisdiction, several deaths in jails, and last but not least rampant cases of racial profiling more so against Hispanic and Latino drivers and communities at large. Read more: http://www.azcentral.com/story/news/politics/immigration/2014/12/16/proceeds-arpaio-suit-fund-asu-journalism-chair/20480479/ and http://www.bizjournals.com/phoenix/potmsearch/detail/submission/6427818/Michael_Lacey

However the story that received a lot of traction from all over the country and beyond was when they exposed an ongoing conspiracy to gag the media whereby the Sherriff colluded with his cronies at the County Attorney General’s office thereby issuing what was to be found later by the courts as an illegal grand jury subpoena demanding for personal details of their newspaper’s editors, writers, and readers.

The Sherriff was of the wrong impression that when the media executives see this they will cow and give up publishing stories exposing Mr. Arpaio for who he really is instead they flashed the story on the front page of the Phoenix New Times which lead to their arrest in the wee hours of the night from their homes.

When the general public from all over the country learned of the events that had occurred the previous night, they demanded the journalist’s immediate release and all charges against them dropped.

Within 24 hours the duo was released and they immediately sued the Sherriff and team for having infringed on their First Amendment Rights.

Read more: Lacey and Larkin Frontera Fund and Jim Larkin | Crunchbase

OSI: A Tradition in the Food Service Industry

In 1909 a gentleman by the name of Otto Kolschowsky founded a family-ownedmeat market and butcher shop in the Chicago area of the USA; he namedthe business Otto & Sons. That business has become one of the leaders in the food production service. Today, the man behind the reins of OSI Group is Sheldon Lavin, Chairman and CEO.

The headquarters is now located in Aurora, IL., and provides food products in 17 countries, while employing over 20,000 employees worldwide. It goes without saying that OSI is one of the largest privately held companies in the USA.

The focus point that this company strives to achieve is one of providing high quality food products to its clients so they will always be able to provide the same to the consumers they serve. The OSI Group produces just about every food product in every food group.

known to man. They provide: meat, produce, seafood, pizza, baked goods, beans, and the list goes on. While the selection of products is important, OSI strives constantly to maintain the quality of each and everything that comes from their effort to serve the food industry.

So far it is safe to say that the OSI Group has earned the right to be at the top of their field. This makes any company a reason to be proud. The OSI group takes it further, in that they take special care in the preservation of natural resources. They realize that this is necessary to ensure that food will always be available to feed the world’s population. While this is a worthy and necessary contribution to the world market, OSI Group also takes very seriously the need for environmental protection. This should be one of the major concerns of any corporation operating throughout the world. This protection of the environment is one that OSI will never stop working toward.

What more can be said about a company that employs thousands, a company that provides a standard of quality to our food industry and one that does all this while consistently working toward making the world a better place in which to live.

OSI should stand as a mentor for any company, in any industry, who should copy OSI’s acceptance of the responsibility placed on them to safeguard the world in which we live.

About OSI Group: www.fooddrink-magazine.com/sections/producers/1308-osi-group