21 Dior CDI.PA$126.15 B$699.27 0.08% France UPDATED ON 31.12.26.

Largest companies in the EU by market capitalization
​
​Companies: 1,757 total market cap: $15.343 T  
Price (30 days)1ASML
ASML$416.15 B$1,0720.00% Netherlands
2LVMH
MC.PA$375.97 B$757.400.89% France
3SAP
SAP$284.65 B$243.960.26% Germany
4Prosus
PRX.AS$271.16 B$62.060.02% Netherlands
5Hermès
RMS.PA$261.22 B$2,4920.00% France
6L'Oréal
OR.PA$229.78 B$430.480.10% France
7Novo Nordisk
NVO$226.77 B$51.040.36% Denmark
8Siemens
SIE.DE$219.94 B$280.820.89% Germany
9Inditex
ITX.MC$206.17 B$66.160.49% Spain
10Airbus
AIR.PA$183.90 B$232.970.27% Netherlands
11Allianz SE
ALV.DE$176.79 B$458.550.44% Germany
12Santander
SAN$172.95 B$11.780.55% Spain
13Accenture
ACN$166.89 B$269.120.33% Ireland
14Deutsche Telekom
DTE.DE$161.70 B$32.480.14% Germany
15Schneider Electric
SU.PA$155.08 B$275.830.45% France
16EssilorLuxottica
EL.PA$146.79 B$316.930.33% France
17Safran
SAF.PA$145.59 B$349.220.00% France
Close Ad X
18Iberdrola
IBE.MC$144.86 B$21.680.05% Spain
19TotalEnergies
TTE$139.89 B$65.240.49% France
20Banco Bilbao Vizcaya Argentaria
BBVA$132.42 B$23.360.36% Spain
21Dior
CDI.PA$126.15 B$699.270.08% France
22UniCredit
UCG.MI$125.46 B$83.282.29% Italy
23Anheuser-Busch Inbev
BUD$124.79 B$64.120.76% Belgium
24Eaton
ETN$124.40 B$319.560.41% Ireland
25Medtronic
MDT$123.61 B$96.380.29% Ireland
26Intesa Sanpaolo
ISP.MI$120.86 B$6.951.42% Italy
27Siemens Energy
ENR.F$120.47 B$140.850.50% Germany
28Spotify
SPOT$119.82 B$581.980.92% Sweden
29Sanofi
SNY$117.81 B$48.630.23% France
30Investor AB
INVE-B.ST$109.77 B$35.840.76% Sweden
31Air Liquide
AI.PA$108.92 B$188.190.22% France
32BNP Paribas
BNP.PA$106.04 B$94.870.38% France
33Enel
ENEL.MI$104.80 B$10.420.71% Italy
34AXA
CS.PA$102.75 B$48.100.44% France
35Trane Technologies
TT$86.94 B$390.740.25% Ireland
36Munich RE (Münchener Rück)
MUV2.DE$86.75 B$660.170.25% Germany
37CaixaBank
CABK.MC$85.96 B$12.270.14% Spain
38Atlas Copco
ATCO-B.ST$85.49 B$16.160.24% Sweden
39Cement Roadstone Holding
CRH$83.79 B$125.240.45% Ireland
40ING
ING$81.75 B$28.020.27% Netherlands
41Rheinmetall
RHM.F$81.42 B$1,8252.51% Germany
42Johnson Controls
JCI$78.79 B$120.420.43% Ireland
43Vinci
DG.PA$78.39 B$140.970.33% France
44Deutsche Bank
DB$75.20 B$38.630.46% Germany
45Mercedes-Benz
MBG.DE$67.92 B$70.540.49% Germany
46BMW
BMW.DE$66.66 B$109.370.43% Germany
47Ferrari
RACE$65.77 B$370.450.54% Italy
48Volvo Group
VOLV-A.ST$65.45 B$32.190.75% Sweden
49Nordea Bank
NDA-FI.HE$64.63 B$18.891.16% Finland

​ eToro, highlighting insights from Simon Peters, Crypto Market Analyst at eToro, on subdued crypto market activity over the festive period and China’s latest move on the digital yuan.
 
The total crypto market capitalisation has remained around $3 trillion, with bitcoin trading in a narrow range between $85,000 and $90,000 as markets await a catalyst. The commentary also looks ahead to 2026, with easing financial conditions, regulatory developments and potential spot ETF inflows expected to support sentiment.

Dubai, UAE – 29 December 2025: As you walk towards the seventh-generation Nissan Patrol,
you’ll notice a little detail that goes beyond its imposing presence and progressive styling. A
puddle lamp that lights up the ground with the vehicle’s silhouette, and a tribute to its 74-year
legacy.
A touch that honors the Patrol’s legacy, before you even step into it: evolution that respects
lineage. And it’s available from AED 239,900 through Arabian Automobiles Company (AAC), the
flagship company of AW Rostamani Group and the exclusive dealer for Nissan in Dubai,
Sharjah, and the Northern Emirates.
What’s significant about 1951?
Everything.
It’s the launch year of the vehicle that would become fundamental to the country’s roads (and
sands). Nissan crafted a greeting that connects you to seven decades of Patrol heritage. 
And it’s the same school of thought that materializes throughout. Dual-tone panels that build
presence through deliberate contrast, not decorative excess. Signature double c-shape
headlights flowing into the bodywork, visible from the sides. Nothing is arbitrary.

The MyNISSAN app extends capability beyond the cabin, to any part of the world.
The redesigned powertrain features a 9-speed automatic transmission paired to a 3.8L V6 or
3.5L V6 Twin Turbo, delivering up to 425 horsepower and 700 Nm of torque. That power flows
into the terrain through multiple drive modes, letting you conquer all types of conditions. And the
rear differential lock provides raw, untamed off-road capability.

Nissan refuses to compromise on what makes a Patrol a Patrol. The commanding exterior
evokes the same authority as all six preceding generations. That unshakeable off-road
dominance remains untouched. The Patrol is still the undisputed king when tarmac ends and
sands begin.

Like flying, business class.
The Zero Gravity seats feature Japanese-inspired quilted patterns printed into high-damping
foam designed to support posture over long distances. Seating accommodates eight across
three rows, each seat adjustable to individual preferences.
The Klipsch Premium Audio system, Nissan's first automotive collaboration with the 78-year-old
audio company, features 12 strategically placed speakers. The panoramic sunroof opens to the
skies. Biometric cooling and air ionization address UAE-specific concerns: heat, dust, and air
quality.

BVLGARI HOTELS appoints Jean-Christophe Babin as new CEO, and the— LVMH-owned jewelry house elevates Laura Burdese to the top role as she succeeds Jean-Christophe Babin, who remains affiliated with the brand ...
BVLGARI HOTELS announces the appointment of  Jean-Christophe Babin as new CEO. After a 22 year tenure, Jean-Christophe Babin is exiting BVLGARI în 2026, nevertheless, he has been confirmed to head the hospitality …

Carlo Capasa reports a 3% drop in turnover for Italy’s textile and apparel industry in 2025- a relatively contained figure given the extremely challenging economic and geopolitical backdrop. The president of CNMI unveiled the upcoming Milan Men’s Fashion Week, to be held in Milan from January 16–20, 2026, announcing 76 appointments in total: 18 physical and seven digital shows, 39 presentations, and 12 events.

Italian fashion: exports hold up in 2025, but 3,000 companies lost in three years

“We expect a decrease in turnover of only 3% for the full 2025 financial year for textiles and apparel, including accessories, because the last few months have been better than the first. Unfortunately, however, we cannot delude ourselves by looking only at the elements that drive the sector, as there are weaknesses and difficulties along the supply chain, as ICE president Matteo Zoppas has also pointed out,” explains Carlo Capasa. Meanwile Paris is growing. “A striking figure is that in 2022 we had 62,000 companies and now there are 59,000. We have lost 3,000 in three years. All together- we, the associations- with the support of the government, which is and remains fundamental, must do our utmost to overcome this phase.”
Exports amount to 87.5 billion euros, still a very high share of the total 93 billion euros in turnover. Moreover, Capasa recalls, in 2023 the shortfall in domestic consumption was 13 billion euros; now it is half that. “Unfortunately, if salaries have grown little compared to the cost of living, this weighs heavily on domestic consumption,” says the president of Camera Nazionale della Moda Italiana, adding that “imports have increased because we are importing much more from China (+11.8%), while exports have decreased because we are exporting much less to China (around -20%).”

The positive note, according to Capasa, is that US duties have been absorbed fairly well and, after an initial period of difficulty, trade relations with the US are improving. Companies are not standing still; many will present their Cruise collections in the US- Moncler, for example, will be in Aspen- as a signal of their intention to stimulate this key market.

Jewellery and eyewear, which performed strongly in recent years, have run into headwinds in 2025. Most notably, jewellery was down 4.1% in the first nine months, with eyewear down 2%. “We hope for a better result in 2026, since in the last two years we have lost 10 billion in turnover- a significant loss, also in absolute terms,” Capasa recalled.


Dsquared2 - Spring-Summer 2025 - Menswear - Milan - ©Launchmetrics/spotlight
In menswear, Italy is the world’s second-largest exporter after China, with an 8% share. “Here too, from April to August, after a negative start to the year, exports grew by 5% across all categories. The final outcome, after the first eight months were flat, is that we are at the same level as last year, so menswear has, in some respects, outperformed womenswear,” said the executive. Exports to the US were strong for menswear, outperforming other categories, rising by 9% from January to November.

Turning to Fashion Week, the communications campaign, created with the City of Milan and Yes Milano, again shines a spotlight on new talents and emblematic locations in Milan, weaving a narrative that includes collaboration with the Milan Cortina 2026 Olympic and Paralympic Winter Games. The location chosen this time is the entrance to a historic 1940s building on Via Foppa. The campaign was shot by photographer Alessandro Burzigotti, with styling by Daria Di Gennaro and the support of Stilema Studio for set design, and is enriched with objects loaned by the Olympic Museum in Lausanne. The brands involved are Ascend Beyond, Cascinelli, Federico Cina, Gams Note, Meriisi, Moarno, Mordecai, Mtl Studio, Noskra, Setchu and Viapiave33.

MFW men's January 2026: 9 new runway shows, 7 presentation debuts

The official Milan Fashion Week menswear show calendar will feature Ralph Lauren, Domenico Orefice, and Victor Hart for the first time. Meanwhile, the digital show calendar will welcome Absent Findings, Ajabeng, Kente Gentlemen, Raimondi, State of Chaos, and Subwae as new additions. Returning to the runway calendar are Zegna and Dsquared2, whose show will be followed by a party.

As for the presentations calendar, there will be seven new brands: Bottega Bernard, Dunhill, K-Way, Plās Collective, Moarno, Sagaboi, and Stone Island, while Ferragamo returns.


Ferragamo - Fall-Winter 2025/26 - Womenswear - Milan - ©Launchmetrics/spotlight
The major names in Italian menswear are all confirmed. Showing (or presenting) at this Fashion Week are leading names such as Brunello Cucinelli, Prada, Giorgio Armani, Corneliani, Tod's, Brioni, Lardini, Kiton, Mordecai, and Montecore.

MFW men's January 2026: anniversaries and events

This edition also sees the celebration of important anniversaries: Blauer will mark its 25th anniversary, Pronounce its 10th and Marcello Pipitone–Bonola its 5th. Among the events, EA7 Emporio Armani will celebrate in store the Milan Cortina 2026 Olympic and Paralympic Games. K-Way, together with Vogue and GQ, will present 'Montagna Milano: The Alpine Club in Town.' The event, open to the public, will take place over three days and include panels, workshops, and après-ski experiences.

Li-Ning will then celebrate movement, culture, and the brand’s evolution in sportswear with a runway presentation of its Autumn–Winter 2026/27 Men’s and Women’s collections. Stone Island will present 'Prototype Research_Series 09, Air Blown Lamination On Knit' through an installation by Ken-Tonio Yamamoto featuring garments born of non-industrial research and experimentation processes.

Finally, for this edition, Fondazione Sozzani will serve as CNMI’s space during Men’s Fashion Week, with the aim of supporting and promoting the new generation of designers. Domenico Orefice and Simon Cracker will show there, while the labels Bottega Bernard, Maragno, Marcello Pipitone–Bonola, Moarno, Mtl Studio, Pecoranera, and Sagaboi will be present with a showcase.


Ralph Lauren will show for the first time at Milan Men's Fashion Week - Ralph Lauren
“It will be a vibrant space where many things will happen; it will be a pleasure to spend time there, because it is a special environment,” Carlo Capasa assured about the location chosen by CNMI at Fondazione Sozzani. “Streaming and international broadcasting of the Milan Fashion Week Collection will be ensured in this edition as well,” he added. “The event will be streamed on the Milan Fashion Week platform, which will also host a section dedicated to virtual showrooms, both multi-brand and mono-brand. This is an important point, because we must always remember that Milan has the most important fair in the world, which is the citywide showroom fair- 800 showrooms with 3,000 brands, open seven months a year, that showcase and sell to the world the visions of a great many designers.”

A Fashion Week intertwined with the Milan Cortina 2026 Olympic Games

“As with every Fashion Week, Milan becomes an international crossroads of meetings, contacts and relationships that constitute that precious heritage supporting creativity, know-how and innovation recognised all over the world. A Men’s Fashion Week with events and locations that will surely make it rich and interesting and that will herald a moment we hope will be fruitful for Milan and for fashion as a whole: the Olympic Games. A union that already begins with the advertising campaign,” recalled Alessia Cappello, councillor for Economic Development and Labour Policies with responsibility for Commerce, Fashion, and Design, in her speech.

“The economic impact that the event will generate is not yet precisely known. Our research centre believes that dovetailing with the Winter Olympic Games will bring even more visitors and tourists to Milan- namely people who will be interested not only in fashion but also, and above all, in sport,” Cappello continued. “It will be a relay: Men’s Milan Fashion Week in January, the Olympics in February, women’s fashion week placed between the end of the Games and the beginning of the Paralympics. Usually the economic impact is around 80 million euros during men’s Fashion Weeks and 100 million during women’s Fashion Weeks, but we think it will be even higher this time. I also want to mention the very important synergy with Florence, with which there is a solid and fruitful relationship. Because men’s fashion week starts in Florence and ends in Milan,” concluded Alessia Cappello.
This article is an automatic translation. Click here to read the original article.
Copyright © 2025 FashionNetwork.com All rights reserved.

The Comité Colbert has unanimously elected Hélène Poulit-Duquesne to be the new chair of the leading French luxury federation. Poulit-Duquesne, the CEO of Maison Boucheron, succeeds Laurent Boillot. She will take up her new responsibilities in June 2026, working alongside Bénédicte Épinay, general delegate of the Comité Colbert.

Poulit-Duquesne has been a long-term active member of the Comité Colbert. As CEO of Maison Boucheron, she has served on the association's board of directors since 2018 and became its vice president in May 2022.
 
"I am proud and happy for the trust placed in me today. My roadmap is to continue supporting the Comité Colbert's major challenges: promoting our expertise and supporting our industries, collectively promoting our values and our Houses internationally, and placing sustainable development, a future challenge for the planet and our professions, at the heart of our strategies,” said the Boucheron CEO in a release.
The Comité Colbert’s membership includes a wide variety of French luxury labels such as fashion houses like Louis Vuitton, Balenciaga, Dior, Givenchy, Jean Paul Gaultier, and Balmain; fine wines like Château Lafitte Rothschild and Perrier Jouët champagne; perfume brands- Frédéric Malle, Guerlain, and Francis Kurkdjian; jewellers such as Van Cleef & Arpels and Messika; and master chefs and restaurants including Yannick Alléno, Taillevent, and Guy Savoy.
 
“Each Maison of the Comité Colbert, beyond its individual performance and regardless of its market share and size, has a greater role to play: that of defending values that are universal and cement the foundation of our collective: the values of art, culture, and craftsmanship, the hand of man. Because they have meaning, they give meaning. They enrich the lives of millions of people and inspire them to dream,” insisted Poulit-Duquesne.
 
A notably experienced executive, Poulit-Duquesne has held senior positions in three of the largest luxury groups in the world- LVMH, Richemont, and Kering.
 
Hélène Poulit-Duquesne is a graduate of ESSEC Business School in the Paris suburbs, who began her career at LVMH before joining Cartier International, the key brand in the Richemont Group, in 1998. In 2010, she joined its Executive Committee as director of international marketing, before joining the Kering Group at the end of 2015 as CEO of Maison Boucheron.
 
"I am delighted at the prospect of working with Hélène Poulit-Duquesne to serve, together with our collective, the influence of an industry whose excellence and creativity are one of the major jewels in the crown of the French economy. We are committed to supporting its development, honouring its expertise, and amplifying its international influence," added Épinay.
 
Created in 1954 on the initiative of famed perfumer Jean-Jacques Guerlain, the Comité Colbert is a non-profit association recognised as being of public interest, bringing together 98 French luxury houses and 17 cultural institutions. The Comité Colbert's goal is to work together to promote the French art of living internationally, as well as to preserve and pass on French expertise and creativity.

Abu Dhabi, United Arab Emirates – December 9, 2025 – Gold is set to close 2025 as one of the best-
performing assets globally, rising almost 60% year-to-date—its strongest annual performance in more
than 45 years—according to Farhan B., Market Analyst at eToro.
Although prices have eased slightly from the record highs reached in October, gold remains on firm
footing as markets head into the Federal Reserve’s final meeting of the year. “Markets remain convinced
that a December rate cut is coming, and the backdrop still supports that view,” said Badami.
He added that while inflation has been volatile, it has remained largely contained, and recent tariff
policies have not reignited the kind of price pressures that would force the Fed to adopt a more
aggressive stance. The ongoing US government shutdown has added further complexity, with
policymakers forced to operate without a full flow of economic data. Still, markets appear confident,
with the S&P 500 climbing around 5% since its November low, reflecting expectations that a rate cut is
already priced in.
Badami noted that Federal Reserve Chair Jerome Powell faces a delicate communications challenge at
this week’s meeting. “He needs to strike a balance between confidence that inflation continues to move
in the right direction and reassurance that the Fed is not cutting because it fears a sharper downturn,”
he said.
Throughout 2025, gold has thrived against a backdrop of safe-haven demand, persistent geopolitical
tensions, and substantial central bank buying. #ETF inflows have reached record highs, underscoring
broad-based investor interest ranging from large institutions to younger retail investors.
Looking toward 2026, Badami believes the key question is not whether gold will maintain its safe-haven
appeal, but how high prices could climb if uncertainty persists. “Central banks look set to keep
accumulating bullion as they hedge against currency and inflation risks. That steady official demand
remains a strong anchor for prices, and USD $5,000 is not off the table,” he said.
The macro forces that propelled gold to all-time highs in 2025—geopolitical instability, inflation
pressures, and shifting US fiscal dynamics—show little sign of easing, particularly with President Donald
Trump’s administration contributing to global uncertainty. This environment, Badami concluded, “sets
the stage for another year in which investors continue to seek comfort, stability, and protection in the
world’s oldest safe haven.”