PYMNTS-MonitorEdge-May-2024

Today in Data: Poshmark Struggles in Q3 Sales, Tying Fashion to Content, Adidas’ Supply Chain Woes

Poshmark

Netflix embraces contextual commerce, and Adidas is staring at $1.2 billion in lost sales because of factory closures and supply chain bottlenecks. Plus, Apple’s privacy changes hamper Poshmark’s Q3 sales.

Data:

$1.2B: Expected hit to Adidas’ sales in the next two quarters because of Vietnam factory closures and supply chain snags.

20; 100M: Number of weeks of production Adidas lost this year and units not manufactured.

7.3M: Number of active Poshmark buyers in the past 12 months through Sept. 30.

79%: Share of buyers who bought a brand for the first time on Poshmark.

213M: Netflix’s total paid subscriber count.

PYMNTS-MonitorEdge-May-2024