Retail companies accumulate a fateful year on the stock market, which has led the sector to trade at a minimum of two years. The prospects remain uncertain, and Citigroup analysts have today cut their valuation of Inditex by 35%.

The current year is being especially complicated in the markets, and among the most penalized sectors in Europe, retail companies stand out. Proof of this is that the Stoxx Europe 600 Retail index has lost more than a third of