There is a lot of innovation when it comes to markets and NFT after the entry of the sports brands Adidas and Nike. The world of the Metaverse, opens a door to luxury brands and users who intend to show their virtual garments in the form of NFT, according to the Front Office Sports Pro scouting report on the evolution of e-commerce
Still on the distant reverberation of the war, we go to Politico which deals with the proposal from Kazakhstan to help European companies sell T-shirts and sneakers in Russia. A senior official says the European Commission is “more than happy” that Kazakhstan is helping EU companies sell to Russia. Senior official says European Commission is ‘more than happy’ for Kazakhstan to help EU firms sell to Russia.
Annual revenues for the U.S. sports footwear market grew by about 20% compared to 2020, although growth slowed to an average figure in the fourth quarter due to poor execution, supply chain delays, the end of stimulus payments and the lack of news in the market, according to The NPD Group.
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