1129 GMT - The fashion retail sector could see a strong polarization in performance in a highly competitive market, RBC Capital Markets analyst Richard Chamberlain says. Inditex, Next and Uniqlo are expected to gain like-for-like share versus H&M and Primark, the analyst writes in a research note. "Major fashion retailers that are outperforming have exposure to more affluent customers," he says, adding that these companies have a high amount of product innovation and operational flexibility. "We expect valuation multiples increasingly to reflect this disparity in performance," Chamberlain says. The lower end of the market remains the most price competitive, with Shein continuing to market aggressively in countries like the U.K., the analyst says. Meanwhile, H&M is attempting to move away from low price competition, but this strategy is relatively hard to execute successfully, he adds. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

June 01, 2026 07:29 ET (11:29 GMT)

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