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Jingdong Partners With Farfetch to Expand the Lucrative Luxury Brand Segment

Jingdong is a part of the Fortune 500 companies and the largest e-commerce platform by revenue in China. It’s also known as JD.com. Jingdong retails electronics, cosmetics, apparel, and food and is committed to providing authentic and quality broad range of these products. It has a user-friendly online platform and a mobile application in which the users can easily purchase the products. The products are offered under competitive prices and the customers can pay conveniently in a purchase or on delivery. Jingdong in July 2017 announced Toplife’s partnership with Farfetch an existing luxury business company in China. This strategic partnership is to allow luxury brands to China.

The merger allows Jingdong to access Farfetch’s customers that amount to over 300 million. Farfetch, on the other hand, gets the top level of JD.com application entry point. Farfetch also provides Jingdong access to its network of 3000 brands and partners. Before the partnership with Jingdong, Farfetch had merged with an e-commerce and marketing company, CuriosityChina. This contributed a great way in helping the company build and grow its operations in China. The great market base of luxury fashion makes it a key section of Jingdong. The merger between these two fashion companies will provide a great shopping and logistics experience for the customers in China. Jingdong is also pursuing more partnerships to expand the business even more in the country.

The companies will also provide strategies for luxury brands to be able to penetrate the market with ease. Jingdong currently operates over 6000 delivery stations distributed within 256 warehouses and covered over 2600 counties by December 2016. It also created employment to over 120000 employees. This partnership will expand their network and create more employment opportunities. Jingdong is committed to providing a successful online retail business through committed customer service. The collaboration between Jingdong and Farfetch is win-win and will see the coming together of local and global segments in the luxury fashion industry. The two companies are committed to consolidating their operations through a better relationship and make China a one-stop shop for luxury brands. With their expertise, network and customer service the partnership is a huge success.

OSI Group: The Cutting Edge in Food Industry

OSI Group is globally known to be a leading world-class company in food solutions. It is the largest firm supplying food products all over the world. As at now, OSI Group has around 20,000 employees with 65 facilities within 17 countries. This is a commendable growth but they are clear to cite that they began very young. OSI Group started out as a butcher shop that has grown to become a benchmark in the sector. The company backs its history from the origin of American immigration. Otto Kolschowsky, a renowned German immigrant in Chicago, Illinois, opened it. He was only two years old in the United States after which he opened the firm as a butcher shop and small supplier of meat in the market. Otto was greatly devoted and determined such that by the end of ten years the small shop had expanded to engage in the wholesale side of the business.

Twenty years since the opening, there was a great improvement that included rebranding the business. It continued to be stale providing their services to satisfaction. The embrace of modern technology increased their need for a greater approach to satisfy the demand in the market. They became sole suppliers and distributors of major food substances to notch companies. They transited from being a regional supplier into an international corporation as OSI Group. One of the key principles that have helped the firm to remain top in business world is the provision of consistent products.

They specialized in availing affordable, consistent, and consumer-driven products to their wide range of customers. Among other factors to whom the success rests is the embracing of high technology systems in their business. They were also devoted to building relationships that were functional. Their growth globally has been very remarkable with such an impressive aggressiveness in the market.Some of the expansions include the opening of the beef product facility in the Japan region that expanded to Asia Pacific regions. One more significant step counted is the acquisition of the Baho Foods serving Netherlands and Germany among others. OSI Group does not regret any networking and connections for the years it has been in business. They have influenced the world through environmental and sustainable approaches.