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Capri Holdings Limited Completes Acquisition of Versace

Capri Holdings has changed its name from Michael Kors Holdings Limited (NYSE: KORS), and beginning on January 2, 2019, its New York Stock Exchange ticker symbol will be CPRI. The company has also completed its acquisition of Versace. John D. Idol, Chairman and Chief Executive Officer of Capri Holdings said, “With the acquisition of Versace,...

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Older Adults Care About Strangers’ Welfare in Financial Decision-Making

A recent study by researchers from the National University of Singapore (NUS) found that when it comes to making financial decisions under risk, older adults will regard the financial outcomes of others’ as their own and make choices that they would have selected for themselves. “Citizens in approximately one third of the countries around the...

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Heroes and Villains Influence What You Buy

Stories about villains and heroes have captured the human imagination for centuries, and now those characters are ubiquitous on the packages and labels of products. But do these characters influence whether people are willing to buy something, and how much they’ll pay for it? Professor Tamara Masters of Brigham Young University predicted that vice, or...

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New Study Finds Employee Incentives Can Lead to Unethical Behavior in the Workplace

Considering end-of-year bonuses for your employees? Supervisors be forewarned, a new study finds that while incentive rewards can help motivate and increase employee performance it can also lead to unethical behavior in the workplace. “Goal fixation can have a profound impact on employee behavior, and the damaging effects appear to be growing stronger in today’s...

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Expert on Market Conditions Leading Up to GM Announcement to Close Plants, Lay Off 14,000 People

General Motors on November 26 announced plans to close five manufacturing sites and consolidate production in North America and eliminate an estimated 14,000 white collar and blue-collar jobs. Rodney Parker, associate professor of operations management at Indiana University’s Kelley School of Business, said the announcement reflects several new realities for GM. “First, it reflects the...

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A World Without Brick-And-Mortar Stores? Even Avid Online Shoppers Say, ‘No, Thanks’

It has been dubbed the “retail apocalypse” – the widespread shuttering of brick-and-mortar stores across America in the wake of online shopping’s skyrocketing popularity. But how do consumers feel about this changing retail landscape? University of Arizona researcher Sabrina Helm decided to find out in a new study published in the Journal of Retailing and Consumer...

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Move Over CEOs: Designers Have Arrived in Corporate Boardrooms

Design is heading to a corporate boardroom near you. Its form is not a chair, handbag or technology. It is human. This new type of designer is equally comfortable in a navy suit or black turtleneck. Fuelled by top-selling business books and management consultant reports, this latest design movement is all about customer-tailored companies thriving...

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High Stakes Decision-Making Causes a Little More Cheating, a Lot Less Charity

The age old adage of virtue being its own reward may not hold true in the corporate world – in fact, honorable acts could lead workers to behave more selfishly later on, new research has shown. A new study has revealed the true extent to which a phenomenon called “moral licensing” can transform how employees...

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Corra Launches Avant: The Only Fashion-Focused SAP Accelerator

Corra is launching Avant, the only SAP Commerce Cloud-qualified accelerator designed to meet the needs of fashion brands. This refined solution reduces both cost and time-to-market of a typical SAP Commerce Cloud implementation by up to 40%, allowing fashion retailers to bypass the need for costly customizations and to invest more budget in strategic business initiatives....