Psychological contracts are the beliefs, perceptions, and informal obligations between an employer and an employee. Such contracts have long been conceived of as targeting a person, but with the emergence of algorithmic-enabled forms of employment in a gig economy, that is changing. Digital labor platforms act as technological intermediaries that connect customers with service-providing, independent...
Renting clothes can reduce the fashion industry’s enormous environmental impact, but so far, the business models have not worked very well. The best chance of success is for a rental company to provide clothing within a niche market, such as specific sportswear, and to work closely with the suppliers and clothing manufacturers. This is shown...
M&A and investment activity continues to dominate the fashion and luxury industries, with a rise in deal volume driven by ongoing consolidation, digital acceleration, and rising pressure on margins. From strategic acquisitions to tech-driven funding rounds, the landscape is increasingly shaped by players aiming to future-proof their operations and expand global reach. Big-name deals over...
Global Art Market Faces Challenges in 2024 but Shows Signs of Resilience: Key Insights from The Art Basel and UBS Global Art Market Report 2025 Amid a challenging economic landscape, the global art market recorded an estimated $57.5 billion in sales in 2024, a 12% decline from the previous year. This marks the second consecutive...
When U.S. President Donald Trump imposed sweeping new tariffs on imported goods on April 2, 2025 – upending global trade and sending markets into a tailspin – he presented the move as a response to a crisis. In an executive order released the same day, the White House said the move was necessary to address...
In early March 2025, U.S. President Donald Trump levied import tariffs of 25% on goods from Canada and Mexico, following through on a promise he made back in November 2024. While he later partially reversed course, suspending tariffs on some goods, tensions remain high. Mexico is largely holding off on retaliation, but Canada quickly fired...
Study investigates how social class affects reintegration for ‘middle-class’ white-collar offenders People convicted of federal white-collar crimes come from different social and demographic backgrounds compared to those convicted of other offenses. Typically older and from the middle class, white-collar offenders face unique challenges during reentry into society. Yet, research on how social class influences their...
President Donald Trump’s long-threatened tariffs against Canada and Mexico went into effect Tuesday, putting global markets on edge and setting up costly retaliations by the United States’ North American allies. Starting just past midnight, imports from Canada and Mexico are now to be taxed at 25%, with Canadian energy products subject to 10% import duties. The 10%...
Cuba’s legendary cigars, hand-rolled from the finest tobacco leaves, have long captivated connoisseurs, and now a growing number of enthusiasts recognize the vital importance of humidors, those meticulously crafted boxes that help preserve their quality and longevity. More than mere containers, humidors, some true works of art in wood, regulate humidity and temperature, and can...
Social media influencers (SMIs) pose psychological, health and security risks and need tighter regulation, a new study finds. Social media influencers (SMIs) pose psychological, health and security risks and need tighter regulation, a new study finds. SMIs have revolutionised marketing, shaping consumer behaviour, brand strategies, and even societal norms. However, new research exposes a lesser-known...