The boom in weight-loss drugs is set to provide a boost to sportswear brands and clothing retailers, according to Deutsche Bank AG analysts. Slimmer people will likely need to purchase smaller sizes and will be motivated to exercise more to keep the weight off, analyst Adam Cochrane wrote in a note. He identified sports wear makers Adidas AG and Puma AG as potential beneficiaries, along with apparel retailers Inditex SA, Hennes & Mauritz A/S and the Primark chain owned by Associated British Foods Plc. Cochrane said the class of drugs known as GLP-1s, which include Novo Nordisk A/S’s Ozempic and Wegovy injectables, could provide a “structural tailwind” for the apparel industry that hasn’t b
Hence then, the article about clothing stocks seen as latest winners from weight loss drugs was published today ( ) and is available onTOP world News today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Clothing Stocks Seen as Latest Winners From Weight-Loss Drugs )