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Wells Fargo Analyst Says The Retro Trend is Waning

Steeper discounting of retro fashion merchandise suggests the trend could be on its way out—and that could mean trouble for some apparel brands. According to Wells Fargo analyst Ike Boruchow, momentum in the apparel sector saw an uptick last year that started to slow during holiday, and continued to moderate through 2019. The interest in…

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