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Executive Summary

  • This week’s note “From the Desk of Deborah Weinswig” discusses how strong demand for value fashion, e-commerce pure plays and sportswear brands is pressuring Europe’s middleground apparel retailers.
  • Following a stronger-than-expected IPO, Levi Strauss CEO Chip Bergh said on Mar. 21 that Levi’s has a “clear runway for growth” as it looks to boost women’s jeans sales.
  • British supermarket Ocado signed an exclusive services agreement with Australian supermarket Coles to develop Coles’ online grocery business using the Ocado Smart Platform.
  • Chinese technology giant Tencent plans to enter the lucrative mobile payments market in India by introducing WeChat Pay in the country, pitching it against Google Pay and Paytm.

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