Share

Bag: Sheer Abercrombie. Nike, LVMH, Tod's to the rescue

Sharp collapse of Abercrombie & Fitch on the New York Stock Exchange. Big brands and luxury are in the spotlight on European price lists

Bag: Sheer Abercrombie. Nike, LVMH, Tod's to the rescue

Abercrombie & Fitch, the famous brand favored by teenagers all over the world, crashed Monday afternoon on the Nasdaq in New York. The stock, around 17:30 Italian time, dropped 5,69%. The brand is one of the most popular internationally with over a thousand stores overall, nine-tenths of which are located in the United States. Of the opposite sign, again at Nadaq, is the performance of Nike the sportswear giant which stands out with an increase of 3,31%.

The big brands day signals a real leap in Paris with LVMH (Louis Vuitton Moët Hennessy). The French luxury holding company recorded surges of 4,9% on the Paris stock exchange with a positive impact on the sector.

In Milan he benefited from it Tod's: theshines with an increase of 6,10%.

 

comments