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https://www.retaildive.com/news/adidas-raises-guidance-sales-growth-third-quarter-yeezy/729993/
Adidas momentum continues with 7% sales growth | Retail Dive
Preliminary results for the third quarter also showed that, excluding Yeezy sales from this year and last, currency-neutral revenue surged 14%.
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https://www.retaildive.com/news/tiktok-shop-drives-social-commerce-growth/807665/
TikTok Shop is driving social commerce growth | Retail Dive
The platform’s sales are forecast to surpass $20 billion next year, and reach over $30 billion in 2028, according to Emarketer.
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https://www.retaildive.com/news/under-armour-plans-a-return-to-profitable-growth-in-2021/594862/
Under Armour plans a return to profitable growth in 2021 | Retail Dive
The exit of up to 3,000 wholesale doors will begin in the back half of the year, as the brand looks to shift to a more DTC-focused model.
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https://www.cfodive.com/news/retail-sales-fall-adding-signs-economy-cooling-hot-q3-growth-inflation-recession-Target-Home-Depot/699970/
Retail sales fall, adding to signs economy cooling after hot Q3 growth | CFO Dive
Gradual declines in consumer spending, hiring and inflation suggest that the Federal Reserve may achieve a “soft landing” for the economy.
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https://www.retaildive.com/news/thred-up-tests-peer-to-peer-resale-marketplace-growth-opportunity/804629/
ThredUp’s next big growth opportunity is peer-to-peer selling | Retail Dive
CEO James Reinhart believes he has the answers to the model’s oft-repeated challenges, including low-quality items, unverified sellers and difficult returns.
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