Pull down the shutters! Wheel out the bargain rail! Retail stocks on both sides of the Atlantic are having a punishing time as investors fret about how shoppers will react to tariff wars and gloomy economic prospects.
Shares in Puma and Zara and Massimo Dutti owner Inditex fell sharply last week. Retail is among the worst-performing sectors on the Dow Jones Industrial Average, Euro Stoxx 50 and FTSE 100 indices so far this year.
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