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Walmart Stock (WMT) Fails to Gain Traction Despite Analyst Optimism on Fashion Strategy
Walmart Stock (WMT) Fails to Gain Traction Despite Analyst Optimism on Fashion Strategy
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BTCCSquare news:
Walmart shares underperformed despite UBS analyst Michael Lasser's bullish outlook on the retailer's fashion pivot. The company is shifting from generic clothing to private-label brands like Scoop and Free Assembly, while expanding partnerships with national names such as Reebok and Polo.
Lasser notes Walmart's growing appeal among younger demographics, calling its progress merely "scratching the surface" of potential. The retailer's AI-powered Trend-to-Product technology reportedly slashes design-to-production timelines from six months to six weeks—a potential game-changer for fast fashion.
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