By Paul Pannone
The world didn’t end on 21-21-2012 but the event may have helped push for the end of how some businesses operate in the future. An ongoing eWedNewz investigation looking at the bailout of big businesses shows how Social Media displaces traditional forms of operation, especially advertising. Established companies and those who head them are realizing it’s time to pack it in and enjoy the fruits of their labor, allowing a younger generation of CEO’s and management style that understands Social Media and connecting with today’s consumers to assume a leadership role.
The top newZ story for this week was the breaking story surrounding the sale of a majority stake in Jim’s formal wear to Armory. eWedNewz broke the story on December 20th, preceding a Press Release detailing the information. A private exchange with Gary Davis, CEO of Jim’s, told eWedNewz how the “family business” will now continue in the same way except now it’s two families running the company, not just one.
A follow up story explaining the changes taking place in the tuxedo rental business was prompted by feedback received from confused people of the tux regarding the move of Joseph Abboud, the person, now head of the creative department at Men’s Wearhouse. In an ongoing eWedNewz investigation malicious information spread by competing tuxedo manufacturers who create and make fictitious brand products spreading false rumors are found to be at the heart of the misinformation.
The world watched as the last victims of the shooting in Connecticut were laid to rest. eWedNewz continues to poll the community to see if posting in the usual way during such horrific events is proper.
Coming up this week we look back on what made top newZ in 2012.
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