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Amazon's YOY Shoe Sales Growth Explains a Lot

Amazon's YOY Shoe Sales Growth Explains a Lot

Aug 04, 2017
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Amazon's YOY Shoe Sales Growth Explains a Lot
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Eight years ago Amazon ($AMZN) invested $1.2b in Zappos. In 2016 alone, Amazon sold $1.6b worth of footwear. And, significantly, that was a 35% increase over 2015. This would explain Nike's newfound willingness to leverage the Amazon platform ($NKE). 

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