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U.S. Seafood Industry Flounders Due to COVID-19
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U.S. Seafood Industry Flounders Due to COVID-19

The pandemic is putting a hurt on the seafood industry, finds the largest study of COVID on U.S. fisheries, which suggests that American fishmongers may flounder – or go belly up – without more government aid. Monthly fresh seafood exports declined up to 43 percent compared to last year, while monthly imports fell up to...

Corporate Fraud May Lead to Neighborhood Financial Crimes
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Corporate Fraud May Lead to Neighborhood Financial Crimes

After a major corporate fraud case hits a city, financially motivated neighborhood crimes like robbery and theft increase in the area, a new study suggests. Researchers from The Ohio State University and Indiana University found that the revelation of corporate accounting misconduct is linked to about a 2.3 percent increase in local financially motivated crimes...

Bitcoin Is COVID Immune!
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Bitcoin Is COVID Immune!

The SARS-CoV-1 coronavirus pandemic has left a significant footprint on the global economy. For this reason, it had a substantial impact on the behaviour of all financial instruments, including cryptocurrencies. It turns out that the fluctuations experienced by the virtual currency market during this period reflect changes in other capital and commodity markets. This market...

Why Big-Box Chains’ Embrace of In-Store Click-And Collect Leaves Money on the Table
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Why Big-Box Chains’ Embrace of In-Store Click-And Collect Leaves Money on the Table

Researchers from University of North Carolina-Chapel Hill and Tilburg University published a new paper in the Journal of Marketing that explores the rise of click-and-collect services and examines their most appropriate settings. The study, forthcoming in the Journal of Marketing, is titled “Navigating the Last Mile in Grocery Shopping: The Click and Collect Format” and is authored by...

Shining a Light on the Issue of Wine Fraud
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Shining a Light on the Issue of Wine Fraud

Wine researchers are developing a fast and simple method of authenticating wine – a potential solution against the estimated billions of dollars’ worth of wine fraud globally, but also offering a possible means of building regional branding. The team of scientists were able to identify the geographical origins of wines originating from three wine regions...

How Can Fashion Brands Respond to Consumers’ Prioritization of Social Values?
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How Can Fashion Brands Respond to Consumers’ Prioritization of Social Values?

The fashion and luxury segments of the market are synonymous with carefully curated branding and strict reputation management, which have been tested significantly amid the onset and continued impact of the COVID-19 pandemic. Against that background, management consultancy McKinsey & Company, together with the Business of Fashion, have recently published a report titled The State...

Off-White is Suing an Ice Cream Chain Over Allegedly Infringing Merch and Store Decor
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Off-White is Suing an Ice Cream Chain Over Allegedly Infringing Merch and Store Decor

Off-White is suing a California ice cream chain, arguing that the unrelated party has run afoul of the law by selling products that bear – and adorning its outposts with – marks that are “confusingly similar” to Off-White’s own well-known trademarks. In the complaint that it filed in a California federal court on Tuesday, Off-White claims that...

What Digital Revolution? Hundreds of Millions of Farmers Still Cannot Get Online
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What Digital Revolution? Hundreds of Millions of Farmers Still Cannot Get Online

The digital age brims with promise for the world’s half-billion smallholder farmers. Smartphones with the right apps can tell farmers when it’s likely going to rain, how to identify and eradicate pests, and negotiate the prices for a bountiful harvest delivered by a combination of hard work and big data. While digital technologies are steadily...

A Loan for Lean Season
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A Loan for Lean Season

For farmers in rural Zambia, payday comes just once a year, at harvest time. This fact impacts nearly every aspect of their lives, but until now researchers hadn’t realized the true extent. Economist Kelsey Jack, an associate professor at UC Santa Barbara, sought to investigate how this extreme seasonality affects farmers’ livelihoods, as well as...

Chanel is Maintaining a “Monopoly” With the Help of Big-Name Retailers, Publishers, The RealReal Claims in New Filing
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Chanel is Maintaining a “Monopoly” With the Help of Big-Name Retailers, Publishers, The RealReal Claims in New Filing

Chanel is actively engaging in an “overarching anticompetitive scheme” in order to limit the supply of its products in the market, “inhibit the growth and development of competitors, and artificially raise and maintain [its] prices,” and it has had help from prominent publications and big-name luxury fashion retailers in doing so. That is what The...