Tag: industry

Sustainability Crisis In The Fashion Industry May Be Solved By The Boom In Secondhand Clothing Sales
BUSINESS, IN OTHER NEWS

Sustainability Crisis In The Fashion Industry May Be Solved By The Boom In Secondhand Clothing Sales

A massive force is reshaping the fashion industry: secondhand clothing. According to a new report, the U.S. secondhand clothing market is projected to more than triple in value in the next 10 years – from US$28 billion in 2019 to US$80 billion in 2029 – in a U.S. market currently worth $379 billion. In 2019, secondhand clothing expanded 21 times faster than conventional apparel retail did. Even more transformative is secondhand clothing’s potential to dramatically alter the prominence of fast fashion – a business model characterized by cheap and disposable clothing that emerged in the early 2000s, epitomized by brands like H&M and Zara. Fast fashion grew exponentially over the next two decades, significantly altering the fashion landscape by producing more clothing, distributing it fa...
The Latest Blow To A Film Industry On Life Support, Regal Cinemas’ Decision To Close Its Theaters
BUSINESS, IN OTHER NEWS

The Latest Blow To A Film Industry On Life Support, Regal Cinemas’ Decision To Close Its Theaters

A film industry in free fall just suffered its latest blow. Cineworld Group, the owner of Regal Cinemas, announced that it would suspend operations at all of its locations in the U.S. and U.K. as crowded theaters continue to be seen as petri dishes for a virus that shows no sign of abating. Studios are in no better shape. Familiar blockbuster franchises that Hollywood banks on to balance ledgers have been delayed, including the 25th James Bond film, “No Time to Die,” “Mission: Impossible 7,” and Marvel Universe’s “Black Widow” and “Wonder Woman 1984.” The billions of dollars invested in producing and marketing these films alone are sums that could make or break the studios. Meanwhile, streaming services like Netflix, Hulu and Apple TV have capitalized on the trend of people’s spending m...
How the airline industry recovers from COVID-19 could determine who gets organ transplants
IN OTHER NEWS

How the airline industry recovers from COVID-19 could determine who gets organ transplants

The COVID-19 pandemic has crippled the airline industry. Passenger numbers are down more than two-thirds from last year, and airlines have been canceling flights and shutting down routes. It’s frustrating for travelers, but for patients on organ transplant waitlists, the loss of flights can put a life-saving kidney or heart out of reach. Our research shows just how valuable each flight route can be for connecting donor organs with people in need of transplants. It also suggests that the industry’s great rebooting in the coming years can be an opportunity to help make the U.S. organ transplantation system more equitable. As business scholars specializing in the fields of health care operations management, business analytics and economics of information, we believe policymakers need to un...
Movie theaters are on life support – how will the film industry adapt?
IN OTHER NEWS

Movie theaters are on life support – how will the film industry adapt?

Since the start of the pandemic, the film industry has been in free fall. As deaths have continued to climb, so have studio losses, with crowded theaters – once a source of collective entertainment and escapism – now seen as petri dishes for the virus. Familiar blockbuster franchises whose summer releases studios banked on to balance bleeding ledgers have been barred from shuttered theaters. The 25th James Bond film, “No Time to Die,” the 7th “Mission Impossible,” Marvel Universe’s “Black Widow,” “Wonderwoman 1984” and Spider Man’s latest iteration, “Far From Home,” have all been delayed. The billions of dollars invested in producing and marketing these films alone are sums that could make or break the studios. Desperate to survive, AMC – the biggest of the three mega-chains of theaters...
Journalism

While Paywalls Reign the Publishing Industry, Academic Papers Are Freely Accessible on the Dark Web

Modern digital piracy transcends almost all aspects of life. In this equation, the dark web and cryptocurrencies have fueled global piracy schemes. If you think that pirated material is only restricted to movies and music, you’ll be very mistaken. Today, piracy has become a solution to every item that is deemed expensive by the online world—even academic material. There exists a current war between academic factions and stakeholders about the need to tax academic research. While this battle rages on the surface, a host of academic materials have seeped deep into the underground, onto darknet websites. Significance of Academic Piracy A majority of scholarly materials are confined within paywalls, and unless you are logged into a university’s network with costly subscription, you must pa...