Category: Business Expert

How JD.com- Farfetch Deal will Transform the Fashion Market in China

In the e-commerce world, the space of fashion is slowly growing. JD.com is one of the entities that continue to make fashion items available to millions of people across Asia. Due to this unmatched commitment of making different fashion items available to different clients across different countries, different brands have approached JD.com as a distribution partner. Farfetch is the first entity, this year, to sign an agreement with this Chinese giant. This partnership is specifically for the premier luxury market, which according to pundits is on the increase. How will this profound deal change in Chinese luxury consumption? How will Farfetch benefit from this deal? First, according to the deal, Farfetch will get access to JD.com market.

In most Asia countries, the company remains the undisputed leader in the virtual market. With this access to the Asia market, getting a market for luxury products is also not farfetched. According to statistics, China is among the few countries in the world that have a big number of luxury consumers and therefore a huge market. Pundits predict that this is the best deal Farfetch could get in Asia. The English company wanted to make an entry in this market in different ways. From this month going forward, it will be interesting to see how Farfetch will transform this market with the help of JD.com.

The deal with this English company is one of the most important deals JD.com has signed this year. The management of this Chinese company understands that partnerships in the world of trading are crucial. Apart from this partnership with Farfetch, the company has another partnership with small traders in Asia. According to the management of JD.com, the partnership with small business owners in China is aimed at helping these entities reach more people and therefore make more sales. Although the program is still in the enrolment stage, it is successful, and pundits refer to it as brilliant. In conclusion, 2019 for the Chinese entity is a season for working with different stakeholders with the aim of giving the Chinese consumers many options and better products. The management team points out that that is one of their 2019 projections.

How JD.com has been Championing Social Responsibility Since its Inception

Even though social responsibility is not a legal requirement, it is essential for businesses to operate in a way that benefits the society as well as the environment. This is a fact that JD.com, a China-based e-commerce retailer giant understands all too well. Since its inception, JD.com, also known as Jingdong has always been on the frontline of addressing social and environmental issues through its unique production methods as well as spreading goodwill through charity donations the less fortunate. The company always goes the extra mile in ensuring transparency with its over 300 million active users as well as suppliers and partners by informing the public about its various social responsibility projects.

For instance, it recently released a corporate social responsibility report in which it highlights its multiple projects since 2013. The report gives in-depth details on how Jingdong has been changing the lives of people as well as impacting the environment positively by highlighting some of its projects. In the past five years, JD.com has donated over a million clothing items and more than 40,000 toys to the less privileged. To enable those who come from less fortunate areas attain self-sufficiency the company sources more than 3 million of its products from rural areas.

To ensure environmental sustainability, Jingdong also reports that it replaced over 5000 fuel fleet vehicles with more energy efficient ones as a way to reduce the environmental impact caused by emissions from the latter. In addition, its environmental sustainability initiatives such as the Green Stream Initiative has helped reduce emissions and waste significantly through recycling. As a result, this has been beneficial to the society, the environment as well as to JD.com as some of its social responsibility programs enable it to cut costs. For instance, in the report, the company says that through its innovative program it has been able to save approximately 250 million meters of packaging tape.

About JD.com

As mentioned at the beginning, Jingdong is a China-based e-commerce giant. It is situated explicitly in Beijing and is among the pioneers of online shopping in the Asian realm. Led by Richard Liu, the company has been changing the perception of business through its innovative use of technology for the greater benefit of everyone. It is the largest online retail company in the region.

Serge Belamant

Serge Belamant founded blockchain technologies. He started his life out in France, but was not very old when his family moved to Africa. Upon moving to Africa he had to learn to speak and read the English language. Serge Belamant grew very quickly, and eventually went off to study computer science. Upon graduating from school Serge Belamant worked for many different companies before settling on the career he wanted.

Serge Belamant used his skills and learning to help create technological ideas that would advance and change the way we know banking systems. The things that he created changed banking for the better. He gained a talent for digital transactions, and knew that this would make banking processes quicker and more convenient.

Serge has developed many things that have made banking easier over the years including chip cars and digital payment systems. He recently helped to found a company called Zilch Technologies which was developed in the United Kingdom. The idea for this company came from Belamant’s son. They thought that it could help younger people out with financial products that were affordable to them. Serge brings his ideas to life through hard work and determination. It does not come easy, but if you set your mind to something you can and will accomplish it.

Serge Belamant has always been a hard working individual who sets his dreams high and does not stop until he reaches them. Belamant has truly changed the way we once knew banking, but he changed it for the better. Belamant is a man who wants to see progress within the world. He wants to create things that will make life easier, and that is just what he did. He create a way to make banking quicker, easier, and much more convenient. Belamant is changing the way of the future.

Learn more about Serge Belamant

Mr. Eric’s Next Move

Eric Lefkofsky is one of the most powerful people in the field of technology in Chicago and the Co-founder of Groupon. During his life, he donated millions of dollars for the cancer research. He is now struggling hard and following a startup company which is in the race of finding the cure of cancers. Since Mr. Lefkofsky left his CEO position at Groupon, Chicago Inno after that learned that he has been working with a health-tech startup named as Tempus. This health-tech startup was focusing on to build the infrastructure which could modernize the cancer treatment. Their company was also found working silently with the Lightbank. It’s a VC firm of early-stage whose founder is Mr. Eric Lefkofsky.

Few people who have the knowledge of matter about the company state that Mr. Lefkofsky is the company’s president of a corporate/LLC search through the Illinois Secretary of State for Tempus Health Inc. According to a website of Tempus, it says that it is actually serving the healthcare professionals and doctors who make personalized and real-time treatment decisions on the basis of patient’s data. They make these decisions by analyzing a patient’s genetic code in the context of molecular therapies. According to Tempus, the advanced genomic sequencing and analysis methods are used by them which aid doctors to understand a tumor of a patient better. According to their website, the data collected by Tempus is useful in a sense to help doctors to create better care plans and treatment for the patients.

The Tempus website also proclaims that it gathers and analyzes the huge amount of genomic data by using proprietary algorithms and statistical analysis. This collected data is used to reveal opportunities for a patient’s physician by providing more modified and precise medicine. After working with patients with pancreatic, lungs and breast cancer, Tempus believes that it can find cures for more types of cancers in the future eventually. Through the Lefkofsky Family Foundation, Mr. Eric and his Wife Liz often donate money for cancer research causes. About over $1 million was donated by Mr. Eric to the Comprehensive Cancer Center of Robert H. Lurie at Northwestern University.

Randal Nardone of Fortress Investment

Randal Nardone is currently a successful co-founder and principal at Fortress Investment since the year 1998. His career at an investment firm came as a surprise to many since his education background was in the science sector and law.

His years of service as a lawyer at Thatcher Proffitt & Wood molded him into a leader since he became partner prior to diversifying into an alternative investment options company. This decision was supported by his role as principal at an investment company BlackRock Financial Management, and UBS.

It is clear that Randal Nardone is an intelligent businessman since he was able to identify opportunities and maximize on the same till date. His roles at Fortress Investment are mainly on legal matters which utilize his years of experience as a law partner. He also foresaw the acquisition of Fortress Investment by Softbank.

His leadership technique allows employees to make decisions that benefit the firm. He inspires change, integrity and purpose in the line of work and hence employees at Fortress Investment view this as an opportunity to develop their skills and careers. More about of Randal Nardone at newresi.com

Randal Nardone further serves at various boards due to his expert knowledge at both finance and legal issues. These boards include Eurocastle Investment Limited, Brookdale Senior Living, and GAGFAH S.A among others. He also has leadership roles as a vice president at Newcastle Investment Holding. In the recent acquisition process of Fortress Investment by Softbank, Randal Nardone leadership skills were evident as he remained optimistic about the future of the company.

In his opinion, this move to sell the company on a cash basis of 3.3 billion allowed the company to adapt to new strategies which will translate to higher growth levels. He attributes this to the agreement that Softbank would not interrupt with the business model and would only focus on the shares acquired.

This aligns to Fortress Investment business goals and thus the move was strategic. He further states that the acquisition did not mean that his commitment to the company has wavered as he still has an active interest in ensuring that all the company clients continue to enjoy their returns on investments. Randal Nardone embodies proactive leadership skills and his ability to take risks steers the company into higher profitability.

Learn more: https://www1.salary.com/Randal-A-Nardone-Salary-Bonus-Stock-Options-for-FORTRESS-INVESTMENT-GRP-LLC.html

 

Felipe Montoro Jens: The Business Man Who is Improving Brazil

Felipe Montoro Jens is from Sao Paulo, Brazil. He has been a successful business man within the international community for twenty five years. He has supported improvements for Brazil, and has been open to new innovations within the economic growth. His experience includes finance and infrastructure decisions. Felipe is known to help large corporations and private practices within financial strategies. His infrastructure background has guided state government strategies, economic waste solutions, corporate waste elimination, and environmental projects. As Brazil is going through an economic growth, Felipe is hoping that he can provide multiple improvements to infrastructure regions. Visit their website felipemontorojens.com to learn more.

These improvements would include the new housing project through the Metropolitan Housing Company. Felipe envisions the construction of 34,000 new housing projects in Sao Paulo. The development will take six years to complete, with the hope of 100,000 new jobs for Brazilian residents, according to Felipe Montoro Jens, who serves as the Infrastructure Project Specialist. The housing project will generate jobs, services, and industrial growth for the region. In accordance with his infrastructure experience, Felipe has partnered with agencies to bring clean and safe waste removal from regions of Brazil. Through infrastructure and development, he has successfully provided environmentally safe waste removal. The removal of waste from the cities and towns of Brazil, has improved life in the regions.

Felipe Montoro Jens has had a very successful business career, which began with a prestigious education. He studied business at the Getulio Vargas Foundation, one of the best business schools of Brazil. After his completion there, he continued his education at Arizona State University’s Thunderbird School of Global Management. This serves as the top University for global business and management training. With his education as a stronghold, he began to move quickly through the corporate world. He received many business promotions and affiliations, while working for global companies. Felipe Montoro Jens holds twenty five years of infrastructure experience, as he is more determined to help with the economic development of Brazil.

Connect: https://twitter.com/felipemontoroj

 

The Genius of Randal Nardone

Randal Alan Nardone is the charismatic founder of Fortress Investment Group LLC. Aside from being the co-founder, Randal Nardone is also a principal and director at the company, not to mention its CEO (Chief Executive Officer) as well.

Randal Nardone is no ordinary executive. The finance genius didn’t start with finance as his line of interest and future career path. Instead, he got a B.A (Bachelors of Arts) in English and Biology from the University of Connecticut. After which he got a J.D (Juris Doctor) from the Boston University School of Law. Nardone did initially pursue law as a career and one his earliest position was that of a partner and member of the executive committee at Thacher Proffitt, and Wood. It wasn’t until 1997 that Randal Nardone joined BlackRock Financial Management Inc., as a principle that his career in the financial sector took off.

After a short stint at USB, Randal Nardone founded his firm, Fortress Investment Group LLC in 1998. With the success and expansion of the firm he helps conceive, Nardone is now a certified billionaire. Ranking in at number 557 of the Forbes’s World Billionaires List and with a net worth of $1.8 billion, Nardone has definitely proved his mettle.

Check out Randal Nardone at Forbes.

What makes Randal Nardone’s success especially inspiring is that his wealth and position in the industry is entirely an outcome of his hard work. He is an entirely self-made individual who has been able to excel in the field of finance without receiving any formal education in the field. His innate sensibility has enabled him to start one of the biggest hedge fund managing firms in the industry today.

His background in law has definitely helped him in gaining the peoples’ skills needed so much in finance. He has the charm and the charisma to convince people and trust him with their investment even in the times of deep financial crisis. This makes him a true leader and an inspiring individual who can accomplish anything he sets his mind to. There is only one thing you can call a person who is able to succeed no matter what route they take, and that is a genius.

Read more: https://www.bloomberg.com/research/stocks/private/person.asp?personId=372241&privcapId=28116285

 

Steve Ritchie Sees A Diverse Future For Papa John’s

Steve Ritchie knows that the customers of Papa John’s expected better for the company and as their CEO he is determined to provide just that because they did as well. He knows that they can do better and is trying to let the world know in an advertising campaign. This campaign was the first that the company had put out since they had experienced a PR disaster earlier. While their new CEO has been working hard to make sure that they go beyond just remedying the problem, he knows that it will take a while to show their customers exactly what their company is actually about.

When Steve Ritchie took over the position of Chief Executive Officer at Papa John’s, he wrote a letter to their customers, employees, and owners about the direction that they are wanting to make within the company and how they plan to do this. The company had been going through some troubling times and he knew that he could save it if people realized that the whole company wasn’t represented by just one toxic person.

There is a lot that Papa John’s is planning on doing under their new leadership with Steve Ritchie. The leadership team at the company recently completed training to help them be aware of any unconscious biases that could affect their actions and decisions. He is leading the company in the right direction so that they can focus on growing their diversity and make sure that everyone involved with the company on any level is treated with the respect they deserve from them. These efforts will not and have not been easy but everyone that is part of the team at Papa John’s is getting involved.

Steve Ritchie had the company be put through a cultural audit by an independent company to become more aware of any issues that needed to be addressed. He and other leaders of Papa John’s traveled to cities like Chicago and Detroit so they could go to their stores and talk to the employees and customers. The company is ready to listen and they are taking action.