Data news and archive

Markets speak: Inditex rises and Puig falls after results presentation

Madrid – Puig and Inditex presented their respective balance sheets for the first half of 2025 between the afternoon of Tuesday, September 9 and the morning of Wednesday, September 10. The markets responded to these reports in clearly contrasting ways, reflecting both rejection and confidence from investors in their respective performances and...

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Italian leather industry closes 2024 with 30 billion euro turnover, down 8.6 percent

Milan - With approximately 10,000 active businesses, the Italian leather industry closed 2024 with a total turnover of 30 billion euros. This represents an 8.6 percent decrease compared to the previous year. The negative trend was also confirmed in the first six months of 2025, with a further 5.3 percent decline compared to the same period in...

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Burberry to rejoin FTSE 100 amid stronger share price

British heritage brand Burberry is set to rejoin London’s FTSE 100 index a year after it was demoted. FTSE Russell confirmed the decision came after a quarterly review, with the reinstatement to take effect from the start of trading on September 22. The luxury label left the blue chip benchmark in 2024 after its market value declined over 70...

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Louis Vuitton under investigation in US for data breach

French luxury giant Louis Vuitton is under investigation in the US for a data breach in which hackers gained unauthorised access to customer information. The US subsidiary of the brand, Louis Vuitton North America, Inc., has been accused of potentially violating state and federal laws after it delayed notifying impacted individuals following the...

Fashion

StockX: Asics maintains top spot, Labubu breaks records

Both storied brands and emerging names were winning over customers during the first half of the year, according to StockX’s latest ‘Big Facts: Brands Making Moves’ report. “From the Labubu phenomenon to up-and-comers like Bravest Studios, there’s great energy in the secondary market right now,” the resale platform’s CEO, Greg Schwartz said on...

Retail

US: Summer sales boost spending as consumers brace for tariff impact on prices

Consumer spending was up in July as summer sales helped drive forward activity following a more lacklustre June. According to the CNBC/NRF Retail Monitor, total retail sales in the US, excluding automobiles and gasoline, rose 1.45 percent seasonally adjusted month-over-month. Unadjusted year-over-year sales increased 5.89 percent, compared to a...

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Crocs share price plummets 30 percent after reporting operating loss

Footwear group Crocs, Inc. has seen its share price fall significantly after publishing its second-quarter results. The group was forced to report a swing from profit to loss. Share price subsequently fell by 30 percent on the Nasdaq compared to the previous day. Crocs, Inc. reported an operating loss of 428 million dollars on Thursday. This...

Retail

American Eagle store traffic falls amid backlash over Sydney Sweeney ad

In-store visits for American Eagle are reported to have fallen last week after the brand became embroiled in backlash over a campaign featuring actress Sydney Sweeney. According to data collected by Pass_by, store visits across the US dropped 3.9 percent year-over-year for the week ended August 2. Impact was most prominent in the south, where...

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French textile industry faces challenges and opportunities in 2025

Between the law against ultra fast fashion, the (relative) drop in mergers and acquisitions, and persistent deindustrialisation, the first six months of 2025 have been somewhat turbulent and tinged with warning signs for the French textile industry. Adopted in early June, the new French law against ultra fast fashion marks a "historic turning...

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Swiss inflation rises to 0.2 percent in July

Swiss inflation rose again in July, reaching 0.2 percent year-on-year. This follows a dip into negative territory in May, which fuelled deflation fears, the Swiss Federal Statistical Office (SFSO) reported on Monday. In June, inflation had already climbed back to 0.1 percent year-on-year. It continued to strengthen in July, driven by a 0.7...

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Kering stock analysis: Shareholder confidence despite profit drop

Kering's (KER) share price remains steady on Wednesday morning. After a brief dip immediately following the stock market's opening, the share price is now a few percentage points higher than the previous day. The French luxury group published its second-quarter and first-half results for the financial year after markets closed on Tuesday. The...

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EssilorLuxottica stock surges on strong H1 and smart glasses success

EssilorLuxottica's shares experienced a significant surge on the Paris stock exchange on Tuesday, July 29, climbing 6.34 percent by 11 am GMT and emerging as one of the strongest performers on the CAC 40. This impressive rise signals a renewed market confidence, fueled by the company's solid half-year financial results and an ambitious...