Retail Detail (Luxury vs Retail call TODAY, Tesco/Morrison results, Swiss Watch Exports)

研报英文原文证据摘录

Retail Detail (Luxury vs Retail call TODAY, Tesco/Morrison results, Swiss Watch Exports)

Equity Research

18 June 2026

Retail Detail

Daily Retail and Luxury News (18

June 2026)

Luxury vs Retail call TODAY, Tesco/Morrison results, Swiss UK Mid & Small Cap Leisure/Consumer

Watch Exports NEUTRAL

European Food Retail

NEUTRAL

European General Retail

Morning's key headlines (more stories below) EMEANEUTRALInternet

Retail: POSITIVE

• **BARCLAYS RESEARCH: Tesco - In-line print with playbook proof points** European Luxury Goods & Specialty Retail

• Morrison 2Q results. NEUTRAL

• UK food inflation slows to +2.2% in May. European Food and General Retail

• IGD expects prolonged food inflation. Matthew Clements

• Primark appoints ex-Calvin Klein director as to lead womenswear design. +44 (0)20 7773 6018

matthew.clements@barclays.com

Luxury: Barclays, UK

• **BARCLAYS RESEARCH: Swiss Watch Exports data May: Exports flat at 0.4% with Imogen Doyle

significant decline in China** +44 (0)20 7773 2605

• US May Apparel Sales Rise. imogen.doyle@barclays.com

Barclays, UK • China Consumer Bad Debt Reach Record Levels.

• Asia Luxury Broadens Beyond Fashion Into Beauty and Leather Goods. European Luxury Goods & Specialty

Retail

Viktoria Petrova

+49 (0)69 7161 1052

viktoria.petrova@barclays.com

Barclays upcoming events BBI, Frankfurt

Carole Madjo

**Analyst Access: Barclays: Devil wears Zara: Luxury vs. fashion retail (18 June +44 (0)20 3134 3168

2026)** Please join Viktoria Petrova and Matt Clements for a chat discussing the EU carole.madjo@barclays.com

luxury sector compared to the EU fashion retail sector. The discussion will also look Barclays, UK

at broader consumer trends, key stocks and relative positioning in a K-shaped

Filippo Croce

economy. There will be time for Q&A. +44 (0)20 3555 2994