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  "documentTitle": "FIGS, Inc. (FIGS)",
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      "text": "FIGS generally frames the competitive environment as a battle between itself and a monolithic ‘big scrubs” industry of unbranded, commodity products. We think the reality is that both (1) legacy scrubs suppliers have innovated on product, and (2) several dozen specialty scrubs providers have emerged.",
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      "text": "The FIGS Pitch vs The Highly-Branded Actual Competitive Landscape",
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