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Weekly Insights Jul 7, 2017

Executive Summary

  • This week’s note “From the Desk of Deborah Weinswig” discusses Alibaba’s recent entry into the seemingly crowded intelligent digital assistant space.
  • Nike confirmed that it will finally start selling its products directly on The partnership with Amazon is in its early stages and involves only a limited selection of Nike products for now.
  • German discount grocery chain Aldi North is planning to spend more than €5 billion (US$5.7 billion) to revamp its stores worldwide, pending approval of one of the three foundations that control the company.
  • Beauty products giant L’Oréal has signed a contract to sell The Body Shop to Brazilian cosmetics maker Natura Cosméticos for a reported €1 billion (US$1.1 billion), subject to clearance by antitrust authorities, notably in Brazil and the US. The deal is expected to close during 2017.

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