Retail Detail (Sainsbury 1Q, Kering/Richemont previews, UK shop price inflation)

Research evidence excerpt

Retail Detail (Sainsbury 1Q, Kering/Richemont previews, UK shop price inflation)

Equity Research

30 June 2026

Retail Detail

Daily Retail and Luxury News (30

June 2026)

Sainsbury 1Q, Kering/Richemont previews, UK shop price UK Mid & Small Cap Leisure/Consumer

inflation NEUTRAL

European Food Retail

NEUTRAL

European General Retail

Morning's key headlines (more stories below) EMEANEUTRALInternet

Retail: POSITIVE

• **BARCLAYS RESEARCH: Sainsbury - Expect shares up on better Grocery and European Luxury Goods & Specialty Retail

NEUTRAL Argos**

• UK shop price inflation unchanged as food inflation eases again in June. European Food and General Retail

• Irish grocery sales accelerate to +4.8% in the 4w to 14 June. Matthew Clements

• German textile sales down -1% amid heatwave. +44 (0)20 7773 6018

• France approves ultra-fast fashion bill targeting Shein and Temu. matthew.clements@barclays.com

Barclays, UK

• Burnham pledges business rates reform as part of high street revival plan.

Imogen Doyle

Luxury: +44 (0)20 7773 2605

• **BARCLAYS RESEARCH: Kering 2Q26 preview: FY guidance looking increasingly imogen.doyle@barclays.com

unattainable**

• **BARCLAYS RESEARCH: Richemont 1Q27 preview: Expecting Jewellery Maisons at European Luxury Goods & Specialty

16%** Retail

• Louis Vuitton Opens Temporary Women’s Store in Miami Design District. Viktoria Petrova

• Tiffany Opens Reimagined South Coast Plaza Flagship in California. +49 (0)69 7161 1052

• Jaeger-LeCoultre Opens Boutique at Bangkok’s ICONSIAM. viktoria.petrova@barclays.com

BBI, Frankfurt

Carole Madjo

+44 (0)20 3134 3168

carole.madjo@barclays.com

Filippo Croce

+44 (0)20 3555 2994

filippo.croce1@barclays.com

Barclays Capital Inc. and/or one of its affiliates does and seeks to do business with companies