STOCK MARKET / Global fashion stocks closing on March 31, 2025
The fashion and luxury sector closed the March 31 session mostly in negative territory, reflecting a climate of uncertainty in global markets. Among the biggest decliners, Smcp lost 4.64%, closing at €3.08, followed by Kering, down 4.18% at €190.92. Burberry Group also recorded a loss of 4.17%, settling at €771.8. Ermenegildo Zegna NV closed at €7.40, down 3.65%, while Richemont dropped 3.44% to €152.95. Lululemon Athletica fell 3.41%, closing at $283.06, while Piquadro declined 2.96%, ending at €1.97. Other major players in the sector also ended in the red: Capri Holdings lost 2.81%, finishing at $19.73, Louis Vuitton dropped 2.62% to €571.70, while Christian Dior fell 2.59% to €527.50. Smaller losses were recorded by Brunello Cucinelli (-1.12% at €105.60), Salvatore Ferragamo (-1.04% at €6.20), and Hermès (-1.03% at €2,411.00). Moncler closed at €56.60, down 0.60%, while Inditex declined 0.82%, settling at €45.85. Despite the generally negative trend, some stocks recorded gains. Lanvin Group stood out with a strong increase of 8.11%, closing at €2.40. Pattern posted a 4.15% gain, ending at €5.52, while Mulberry rose 2.86%, closing at £90.00. Ralph Lauren finished up 2.35% at $220.74, followed by American Eagle Outfitters (+1.75% at $11.62) and CSP International Fashion Group (+1.71% at €0.297). Gap closed with a 0.93% increase at $20.61, while Next gained 0.86%, reaching £11,085.0.