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GLP-1 weight loss drugs prompt changes in fashion and food sectors
A new HSBC report projects that lower food spending tied to GLP-1 drug use could reduce overall consumer spending by as much as 7 percent in some countries. Clothing brands are adjusting designs and inventory practices for changing body sizes. Wedding retailers are adding size waivers for customers.
May 28, 7:51 AM·1m read1 source
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The growing global use of GLP-1 weight-loss drugs is prompting adjustments in the fashion and food industries. Major clothing brands are designing garments for body fluctuation and size volatility, according to The Business of Fashion. This shift is leading companies to revise supply chains and inventory management.
Wedding retailers are requiring customers to sign size waivers. Some brides are ordering smaller dresses in anticipation of rapid weight loss. A new HSBC report forecasts that reduced food expenditures could lower consumer spending by as much as 7 percent overall in some countries.
Eastern Europe, Latin America, and the United States are expected to see the largest effects due to higher obesity rates.
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