inditex has always bucked the _ her zara. inditex has always bucked the trend, _ her zara.out them doing, you know, in line with expectations if not better, whereas other rivals are struggling more than inditex. how does inditex get things right?— things right? well, they very much focus _ things right? well, they very much focus on _ things right? well, they very much focus on trends - things right? well, they very much focus on trends at - things right? well, they very much focus on trends at an l much focus on trends at an affordable price. they are not cheap — cheap, unlike shine where price is the marketing tool, but zara have it right they have consistent trends, they have consistent trends, they produce a value for money, which in a cost—of—living crisis really makes sense, they have a very good business model. —— shein. if you look at their websites and look at what they�*re doing on sustainability they�*re doing on sustainability they are addressing it and they have all these key target. so the customer thinks that actually they are aware it�*s not as bad as some o

inditex — the spanish clothing giant behind zara, bershka and pull&bear — says sales were up 9% in theore difficult trading environment — zara continues to do better than its rivals — the likes of high street chain h&m and chinese online fashion retailer shein. as fashion journalist julia robson told us earlier. it�*s tough out there and there�*s a lot of companies such as boohoo that we sort of think of, and pretty little things that have released figures that aren�*t doing very well. but i don�*t see any change in fast fashion at the moment because until the consumer doesn�*t want to buy ariana grande in wicked or, um, any sort of, you know, trend that we consider to be exciting and new and different, um, the consumer has been so used to being able to purchase something, um, quite quickly. it�*s the trends that are moving so quickly, so i don�*t. the business model is certainly changing to reflect a more thoughtful consumer, but for the moment, she still loves her zara. in other news.... hackers have made a hole in the world�*s most famous doughnut firm. krispy kreme says it�*s been

investors not happy with the numbers from inditex earlier today. on top of that, burying the lead regarding the announcement from zalando, regarding an acquisition they plan to do. we will see what will happen here, but no that at the moment, retail stocks and their names under a lot of pressure at this stage, basically sources down 6/10 of a percent, despite a message of stimulus from china earlier this week. i also want to take you to u.s. futures so we get a better picture of how it will likely open on wall street today. while it is indicated it could be a mixed start to trading day on wall street with the dow estimated to open lower, this after we saw the major indices also down on tuesday's session with the dow posting its fourth straight negative session. >>> let me give you some updates regarding what is happening stateside as well. the u.s. treasury secretary janet yellen has warned tariffs threatened by president-elect donald trump on the likes of china, to me in canada could derail progress on inflation. yelling acknowledged that tariffs

earlier today, we heard from inditex, the company reported a strong start to the holiday season, posting a 9% revenue growth in the six weeks to december 9th. february to october sales growth 7% to 28.8 billion euros, missing analysts' expectations. the spanish fashion group reiterated its full-year outlook. however, because it had missed expectations, we are seeing the stock down roughly 6% in early deals, putting pressure across the sector. let's see, frank, whether perhaps the cpi in the united states will change a portion for some european names thus far, overall a cautious approach ahead of us. >> a lot of caution in the markets in the u.s. as well, sylvia. great to see you. silvia amaro, live in london peer >>> time for this morning's big-money movers, top stories this morning. we start with shares of dave and busters, now that more than 15%. the company announcing chris morris has resigned after two years, the move comes after the arcade chain reported a significantly wider loss than its second uarter as shares decline against shares of dave and busters are down more than 15%. >>>

but there is a bit of fog of war when you have a cyberattack inditex something that is certainly anomalous malicious. that is companies like ours come into help quickly attribute anomalous activity to certain threat actors and to known exploited vulnerabilities in order to protect the actual breach of information or documents or encryption through ransomware. carol: is this just a case of this is the environment we live in and we are going to hack into chinese systems and vice versa and this is just the way it is, despite cyber companies like yourself out there? this is just our continued new reality? wendy: i think the reality is the attacks will continue right as 2025. we look to have heightened geopolitical tension which could contribute to additional escalating cyber activity particularly with china. whether that is increasing tariff policies that may come into play, the tiktok january 19 deadline coming around the sale of the company. carol: does something like this make you think tiktok understands u.s. concerns? wendy: absolutely. anyone using tiktok should do so with caution. that