The Mediobanca Research Area has presented its new report on the global fashion system, which analyses the financial data and stock market performance of the 75 leading fashion industry multinationals with revenues of over €1bn, 39 of which are based in Europe, 25 in North America, eight in Asia and three in Africa. The report contains a focus on the first FY 2025 results published, including a comparison between European and US groups, and between Italian and French companies.