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Magazine article (E&M - 2023/3) Abbatemarco Nico

Cybersecurity and Companies: If the Worst Virus is the Mentality

Today, one of the main weaknesses of the digital mirror is represented by cyber risks, which are defined as risks involving the loss of confidentiality, integrity, or availability of information, data, or information systems,[1] and which can generate potential negative impacts on organizations[2] (e.g., disrupting their daily operations). Every day, the number of individuals and organizations affected ...

Magazine article (E&M - 2023/3) Castelli Gianluigi, Meregalli Severino

Looking Closely Through the Digital Mirror

Among the examples that have appeared recently, but are not necessarily all equally promising as we will see later, we can consider the world of virtual simulations ranging from the medical field for learning and practicing the use of robotic equipment to virtual tours of physical spaces, offering users a realistic and engaging experience of the physical space, or even digital art that can be created ...

Magazine article (E&M - 2023/2) Gatti Stefano, Vinzia Mario

ESG: Strategic and Operational Implications for Businesses

In the coming years, the need to reorient corporate management towards a stakeholder-based approach rather than a shareholder-based approach will become increasingly urgent. It is not just a reconsideration of how to do business that arises spontaneously in more virtuous entities. Even when considering the traditional model of capitalism as inherently superior, financial market discipline will still ...

Magazine article (E&M - 2023/2) Arbore Alessandro, Mandelli Andreina

Market Decisions in Phases of Uncertainty: The Case of the Metaverse

In 2015, amidst technological and market uncertainty, Samsung decided to exit the OLED TV market, leaving the field entirely to its competitor LG. Five years later, LG's OLED division began generating profits, and Samsung lost the premium market segment for the years to come (though they have been catching up with a new OLED solution since 2022). In a similar scenario of uncertainty, in 1999, the ...

Magazine article (E&M - 2023/2) Ruozi Roberto

The Failure of FTX and the Future of Cryptocurrencies

Critical aspects of the crypto world Crises are a structural element of financial markets, and despite everything done to prevent them, they will continue to occur. In fact, financial innovation not only fails to prevent crises but sometimes even plays a leading role in them. At the core of these crises, there are typically three phenomena that often occur simultaneously:   ...

Magazine article (E&M - 2023/3) Calefato Patrizia

Luxury Experience as a Modus Vivendi

On April 11, 2020, upon reopening in China after the first Covid-era lockdown, the Hermès Taikoo Hui store in Guangzhou generated $ 2.7 million in sales in a single day. This result was largely due to the sale of rare items, among which, in particular, a diamond-studded Himalayan Birkin bag.[1] This news is highly emblematic in representing the transformations, new configurations, and at the same ...

Magazine article (E&M - 2023/3) Baro Jessica, Dallocchio Maurizio, Etro Leonardo

Global Players are Shopping for Smaller Businesses

The analysis of key factors influencing the evolution of the luxury sector will focus on the unique characteristics of the described market. This sector is distinguished by its resilience, driven by the exclusive and distinctive nature of its products, customer loyalty, and the global presence of luxury brands (McKinsey & Company, 2020). Value and Key Trends in the Luxury Goods Market The luxury ...

Magazine article (E&M - 2023/3) D’Arpizio Claudia, Levato Federica

A Growing Market Despite Uncertainties

The personal luxury goods segment, in particular, recorded an acceleration this year, following the rebound achieved in 2021. Supported by strong market performance in all quarters and despite worsening macroeconomic indicators globally and challenges in China, the personal luxury sector is set to reach a value of 353 billion euros in 2022, marking a 22% acceleration at current exchange rates (or ...

Magazine article (E&M - 2023/2) De Lauso Federica

Disadvantaged Stories as Inheritance

The scenario Poverty in Italy today remains at historic highs, in continuity with the year of the pandemic that in just twelve months increased the number of poor people by one million (Figure 1). It is a phenomenon that can now be considered structural in our country, as it affects 9.4 percent of the population; almost one resident out of ten lives in a condition of absolute poverty. If we consider ...

Magazine article (E&M - 2023/2) Lenzi Antonio

Rethinking Italy’s Citizens’ Income

Let's take a moment to think: from 2019 to today, beyond the pandemic which has recently ceased to be a topic of discussion, and the war which has undoubtedly conquered the pages of newspapers, albeit intermittently, what has been one of the most debated topics in our country, continually present in national and local press? There is no doubt that the first place goes to the Citizens’ Income (RdC). ...