The luxury consignment retailer The RealReal has released a new report on its sales this year. The report was published on December 6th with the intention of giving customers assistance with their holiday shopping. The report gives information on how each brand sold over the year, and the percentage sales rose or fell.
Thanks to the report, shoppers at The RealReal are able to make educated decisions when purchasing investment pieces for the holidays. Rati Levesque, chief merchant, explained that “gifting an item or brand that is on the rise in resale is the gift that keeps on giving for the recipient”.
The RealReal is an online consignment store that deals in designer and luxury products, including clothing, bags, shoes, jewelry, decor and more.
Classic designers topped the list. Hermès was on the rise. It was perhaps no surprise that sales increased for the designer’s iconic Birkin bag. Sales of the Kelly and Constance bags have also reported significant growth.
The report also provided information on brands showing a decline in sales. Tory Burch, Miu Miu, and Tom Ford have all decreased in value.
Gucci has always been a strong seller at The RealReal. Gucci showed notable growth in the men’s department, owing to the popularity of the Ace sneaker. The Ace sneaker was described in the report as “the most giftable Gucci style.” Gucci sold well among women as well; its GG Marmont collection was particuarly popular.
Canada Goose and Off-White were also top sellers in menswear. The Off-White x Nike collaborative collection continued to climb in sales. Falling sales were reported in menswear for Dior Homme, Kenzo, and Chrome Hearts.
Jewelry consistently sells well during the holidays at The RealReal. Van Kleef & Arpels has been the top seller for two years in a row in this category.
In the wake of the logistical constraints that limit the effectiveness of distance selling, many companies have quite naturally invested in selling products over the web as a new and profitable distribution channel.
Fortunately, JD.com has a new type of warehouse management technology that they have provided for use by other companies that sell products to users on the web. The new “JD Cloud Warehouse Management Solution” is cloud-based, which means that it offers a significant number of benefits as compared to the traditional warehouse management software. Remember, once a customer is feeling confident after having placed the first order from a company, then this customer will be happy, and they will, therefore, feel more inclined to order again from this organization.
Moreover, many of the businesses that offer websites providing distance selling services have understood this fundamental axiom, and JD.com is also making it even more accessible than ever before for a company to use some of the best warehouse management technology available. Hence, it is essential that companies are aware of the following: You should not ever sacrifice the operational efficiency of an organization. Indeed, you’ll want to contemplate the fact that many different consumers are increasingly inclined to include as part of their overall considerations when making their purchasing decisions a few particular elements which happen to be specific to this sector. Read This Article to learn more.
Hence, a business owner will always want to do everything they can to make sure that their company has implemented all of the different features necessary to ensure that their customers will be comfortable ordering from their organization.
Fortunately, JD.com offers the use of their advanced warehouse management software that will enable all sorts of different companies to take advantage of JD.com’s top of the line technology to provide Chinese customers a safe and secure way to order their goods online and still get them delivered on time. Moreover, the customers in the Chinese market have shown that they are very comfortable with the idea of purchasing goods online, and this attitude applies even when the products obtained are for local delivery.
Remember, this new and state of the art technology offered by JD.com is a game changer that will help businesses in the Chinese marketplace to distinguish themselves from their rivals.
See also: https://www.wsj.com/articles/chinese-retailer-jd-com-turning-its-logistics-network-into-broader-delivery-service-1539833400
When Richard Liu Qiangdong started JD.com, he had a lot of goals for the company. One of the biggest goals Richard Liu had and the one that continues being the best option now, is the goal to serve all the customers he has. If he can help people get what they need through JD.com, they’ll keep coming back and keep making sure they can do things the right way.
Richard Liu Qiangdong knows a lot about helping and knows there are things that can make JD.com the best company in the world. He only has to surpass Alibaba to make sure he can do things better than all the companies. It is Richard Liu’s goal to keep going so he can move from the number two spot in the world to the number one spot in the world. Richard Liu Qiangdong has to do a lot to get to that point, but he knows it’s worth it for his company.
After starting out in a relatively poor situation, Richard Liu knew he was destined for so much more. He wanted to help people see he was the best at what he did and he pushed to make sure he could help everyone with customer service options. As long as he had a chance to make things easier for his clients and for the people he did business with, he would be among the best in the industry. It was his goal to keep helping the industry change. Read This Article for related information.
Starting JD.com didn’t take a large investment. That’s part of the reason Richard Liu Qiangdong did it the way he did. He didn’t have a lot of money to start out and pushed to make sure he could help people get what they needed. There were things that would allow people to try different options and that’s how Richard Liu Qiangdong responded to all the opportunities he put into the business. As long as Richard Liu knew he could help people with products, he’d make a point to provide them with those products so he didn’t have to worry about what he was doing with the company.
Learn More: https://www.forbes.com/profile/richard-liu/#77b17bbf2677
Jingdong Mall or simply JingDong, China’s leading E-Commerce and retail infrastructure service provider have recently announced that they are launching a new research center in Xiongan, China. This new research center, named the Urban Smart Logistics Institute has been tasked with developing new technologies that will improve automation and logistics methods in China’s smart cities.
JingDong announced the project on October 18, at 2018 Global Smart Supply Chain Summit in Beijing. Founding members and partners of the research center include Nankkai University, the Institute of Comprehensive Transportation at the National Development and Reform Commission, Beijing Jiaotong University, Beijing Wuzi University, Shanghai Maritime University, Sinotrans & CSC and Shanghai Municipal Engineering Design Institute. All of these partners will lend their ideas, minds and work ethic to develop new technologies.
The “Urban Smart Logistics Institute” will research new urban ideas and technologies such as urban logistics hubs, urban logistics systems, as well as big data and cloud computing platforms for logistics. Some of JingDong’s early research shows that freight vehicles are one of the largest producers of emissions in urban areas. Further research shows that due to their vast size, freight vehicles take up one third of all road capacity. The Urban Smart Logistics plans to design a more efficient, more space saving and environmentally cleaner way to deliver goods in urban areas. Read This Article for additional information.
One of these solutions is to replace large freight vehicles, with subterranean logistics. The research institute is currently researching subterranean tunnel networks that can be used to deliver freight in place of large trucks. These tunnel networks will reduce emissions, lessen above ground traffic and reduce clutter in the urban landscape.
JingDong is member of the Fortune 500 and is the owner of JD.com is China’s largest online retailer. They sell a wide variety of products from apparel to appliances to electronics to home furnishings and more. They will continue to research and develop advanced, sophisticated, and sustainable solutions for smart cities that will create a more efficient and better future.
More about Jingdong Mall on https://cn.nytimes.com/technology/20180619/google-china-jd-com/