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Pampered pets set Wall Street on the prowl for deals


By Harry Brumpton(Reuters) - Gordie Spater has been manufacturing dog harnesses for nearly 15 years on the northernmost reaches of the Massachusetts shoreline, but he is in high demand right now on Wall Street.His brand, Kurgo, occupies the sort of niche coveted by investors looking to profit from the U.S. pet economy, a range of outdoor gear and accessories for the traveling mutt.Consumers' increasing tendency to treat their pooches like family, along with the retail industry's need for new products to lure people online and in store, have created a boom in deals for companies catering to ...

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First Published: Tue, March 13 2018. 15:31 IST