Daily LInks
1. Pinterest Fires Back at Influencer Claiming She Helped Create the Site: Pinterest Inc. says a digital marketing strategist who claims she helped conceive the social media platform waited too long to accuse its founders in a lawsuit of reneging on a promise to compensate her. – Read More on Bloomberg
2. Auction sales hit record $15 billion as young, wealthy collectors enter the market: The Big Three auction houses hit a record $15 billion in sales this year, as a surge in global wealth and a wave of young, first-time collectors drove sales of everything from Basquiats to Birkin bags. – Read More on CNBC
3. A year later, consumers are much more comfortable with living active lives. What’s in store for 2022? Much of consumers’ pent-up retail demand has been met, and spending is shifting back toward essentials such as groceries, as well as other segments like travel, whose resurgence took longer than retail’s. – Read More on Morning Consult
4. Nordstrom Considers Spinning off Rack into New Business: Experts have speculated that Nordstrom might complete a merger or acquisition after the Nordstrom family suspended a deal to buy the company in 2017. – Read More on PYMNTS
5. Nike beats revenue estimates on North America demand: Nike Inc beat quarterly revenue and profit estimates on Monday, lifted by strong demand for its sports shoes and apparel in North America, and said it was more confident of easing supply chain issues in its next fiscal year. – Read More on Reuters
