Clothing Stocks Seen as Latest Winners From Weight-Loss Drugs
- Slimmer consumers could update their wardrobes, analyst says
- Adidas, Puma, Inditex and H&M among those seen benefiting
A customer enters a Puma store in Berlin.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
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.