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Lucrative Cloud, Advertising Businesses Power Amazon Earnings

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Amazon’s outsize second-quarter earnings caught analysts by surprise, as the company’s profits, revenue and sales grew faster than expected. “Amazon’s powerful commerce engine keeps chugging along and is finally beginning to drop more to the bottom line,” eMarketer principal analyst Andrew Lipsman said of the company’s $52.9 billion quarterly sales. “But the bigger story coming…

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