Author: Omar Taylor Affiliation: Independent Researcher Received 12 July 2025; Revised 28 August 2025; Accepted 3 September 2025; Available online 15 September 2025; Version of Record 15 September 2025. Abstract In September 2025, the luxury sector encountered a significant governance moment with the disclosure of Giorgio Armani’s posthumous succession instructions. These instructions outlined a staged ownership transition in Giorgio Armani S.p.A., including an initial divest

Author: Rustam Sharipov Affiliation: Independent Researcher Received 1 July 2025; Revised 18 August 2025; Accepted 27 August 2025; Available online 10 September 2025; Version of Record 10 September 2025. Abstract This article offers a critical sociological analysis of Tumblr’s dramatic valuation trajectory—from Yahoo’s approximately US $1.1 billion acquisition in 2013 to its sale for a price widely reported as under US $3 million in 2019. Going beyond surface narratives of