Restricting the sale of malt liquor beer can help reduce crime in some communities, according to a new study. Malt liquor beer — high in alcohol content, low cost, and widely sold in liquor stores and convenience stores — is linked to heavy drinking, public inebriation, disorderly conduct, drug activity and other crimes. Consequently, since...
The workings of the market for licensed goods have been influx in recent years, as at least some luxury names have sought to bring operations in house or at least closer to come (via joint ventures, for example) in a larger quest for greater control over manufacturing and distribution. Hardly a little-known endeavor, the fashion...
The COVID-19 pandemic has made it clearer than ever that we are at risk of losing control of our economies. Our institutions have increasingly struggled to meet the challenges of economic development before the onset of the COVID-19 crisis, and yet, throughout the pandemic we have seen surging stock market valuations of tech giants – including staggering CEO salaries –...
A recent study highlights two of the reasons that misinformation about COVID-19 is so difficult to tackle on social media: most people think they’re above average at spotting misinformation; and misinformation often triggers negative emotions that resonate with people. The findings may help communicators share accurate information more effectively. “This study gives us more insight...
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...
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...
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...
The problem of waste management has become persistent. It is a challenge that is growing in bounds and depths as the world’s population surges. Are we at our wits’ end? Waste management would need a radical change. According to Beatrice Obule-Abila’s doctoral dissertation at the University of Vaasa, Finland, this change could be achieved through...
Restaurants around the world were forced to shut down their dining rooms at the onset of the COVID-19 pandemic earlier this year to comply with stay-at-home orders. While many operations closed for good, others reopened at limited capacity several weeks later, sparking creative solutions to enforce social distancing guidelines, including utilizing mannequins. Others were more...
