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...
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 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...
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...
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 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...
LVMH Moët Hennessy Louis Vuitton and Tiffany & Co. have managed to salvage their deal, with the French luxury goods conglomerate agreeing to pay a few dollars less per share to acquire the New York-based jewelry company. In a statement on Thursday, the parties confirmed that LVMH will pay $131.5 per Tiffany share, down from...
Strategies meant to motivate people in the workplace may have unintended consequences — depending on who’s in charge. Recent research from Michigan State University and Ohio State University shows that empowerment initiatives aren’t necessarily the answer for business leaders hoping to motivate their employees. “People tend to think of empowerment in uniformly positive ways,” said...
Welcome to shopping during the coronavirus pandemic: customers clad in masks, slathered with sanitizer and surrounded by signage urging them to avoid close contact. Despite guidelines plastered on the walls and floors of grocery and retail stores encouraging customers to maintain six-feet of physical distance, many do not. A new study by researchers at the...
In addition to the financial statements and balance sheet, an investor should also go through the notes and understand their content, says Juha Mäki, who is defending his doctoral dissertation in University of Vaasa. For example, the valuation of a company’s investment properties in the financial statements may bring surprises depending on whether the company...
