Survey: Weight loss drugs could increase apparel spending —

Photo by Diana Polekhina on Unsplash

The use of GLP-1 drugs for weight loss could increase spending in some categories, including apparel:

Per the report, Stifel’s Jim Duffy mentioned several retailers who could benefit from expanded use of GLP-1 drugs, including Lululemon, Levi’s and Dick’s Sporting Goods, as people who stick with a weight loss drug and lose a great deal of weight would double their clothing spending.

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