European retailers risk dressing-down from investors as consumers flinch cyprus-mail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cyprus-mail.com Daily Mail and Mail on Sunday newspapers.
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.
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.