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European retailers have been unlikely stock market stars this year, but a long spell of high borrowing costs and inflation has started to bite, so wary investors will be looking for reassurances from the likes of H&M and Zara-owner Inditex when they issue business updates this week. Last year, investors and strategists expected retailers' margins to take a hit, as inflation eroded households' discretionary spending and some of the region's heavyweights warned of tough months ahead. The broader STOXX 600 is up by 7% this year, meaning retailers are outperforming by the most on record.

City ofUnited kingdomAlexandre bompardAmanda cooperBenjamin jonesTomasz janowskiJoice alvesFlorian ielpoMacro researchMulti asset group lombard odier managementDeutsche bankZara owner inditexFundamental multi assetMulti asset group lombard odierRetail stocksEuropean retailers