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In the fast-moving worlds of fashion and finance, it can be hard to tell at any given moment who’s up, who’s down and who’s at the top of the heap.
Helping to cut through the noise is the WWD Global Stock Tracker, a stock benchmark for the fashion industry that reflects its geographical breadth and product category depth.
This story first appeared in the July 10, 2014 issue of WWD. Subscribe Today.
Prada SpA might trade in Hong Kong dollars, while LVMH Moët Hennessy Louis Vuitton is quoted in euros and Michael Kors Holdings Ltd. in dollars, but they are all squaring off in the same global marketplace.
And they are part of a broader group of competitors and collaborators that include beauty giants such as Estée Lauder Cos. Inc., activewear player Under Armour Inc. and retailers from Japan’s Seven & I Holdings Co. to Wal-Mart Stores Inc.
In all, the Tracker follows 100 of the most important fashion, retail, luxury and beauty stocks around the world, as chosen by WWD editors. It is based on market capitalization and updated each day at 4:45 p.m. Eastern Standard Time.
The Tracker landing page at wwd.com/business-news/stock-tracker has a complete list of the component stocks, with the day’s best performers listed on top. It also opens up plenty of opportunities to compare and contrast to see exactly where one stacks up.