Here is a summary of the article in 100 words:
On “Black Monday”, the markets were dominated by uncertainty and fears of a trade war between the US and other countries. However, the major listed fashion and beauty companies showed mixed performance. Prada saw a 13.3% drop, while On Running rose by 3.43%. Other significant declines included Ferragamo (-8.02%), Puma (-7.29%), and LVMH (-4.23%). Nevertheless, some US-listed companies, such as On Running and L’Oréal, showed modest gains. The performance of the fashion and beauty sectors suggests that US-listed companies may be stabilizing after the initial tariffs announcement, while European and Asian listed companies may still face harsher effects.
