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Fashion index up 32% on annual basis
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TOPIC: Fashion index up 32% on annual basis
#4215
Fashion index up 32% on annual basis 1 Year, 10 Months ago  
Listed apparel companies have seen their joint market value to go up by 32% over the past 12 months. This growth beats that of general indices like DOW Jones, FTSE, Nikkei and most others. The international fashion industry benchmark started trading at 1,000 exactly one year ago and closed at 1,320 the last of June 2011.


Taking into account that Dow Jones´annual growth of 26%, London's FTSE added 24% to its market value, while Nikkei grew 7% and Hong Kong-based Hang Seng´s a 10%, fashion has been the most lucrative investment over the past 365 days, as its representative index, the FashionUnited Top 100 increased by 32% in the past twelve months.

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