Fashion
Euro area unemployment stable at 6.3% in September: Eurostat
Eurostat estimates that 13.246 million persons in the EU, of whom 11.003 million in the euro area, were unemployed in September 2025. Compared with August 2025, unemployment increased by 63,000 in the EU and by 65,000 in the euro area. Compared with September 2024, unemployment increased by 227, 000 in the EU and by 187, 000 in the euro area.
In September 2025, 2.866 million young persons (under 25) were unemployed in the EU, of whom 2.282 million were in the euro area. In September 2025, the youth unemployment rate was 14.8 per cent in the EU, stable compared with August 2025, and 14.4 per cent in the euro area, up from 14.3 per cent in the previous month. Compared with August 2025, youth unemployment increased by 10 thousand in the EU and by 23,000 in the euro area. Compared with September 2024, youth unemployment decreased by 121,000 in the EU and by 79,000 in the euro area.
In September 2025, euro area unemployment stood at 6.3 per cent, and the EU rate at 6.0 per cent, Eurostat reported.
Around 13.25 million people in the EU and 11.00 million in the euro area were unemployed.
Youth unemployment was 14.8 per cent in the EU and 14.4 per cent in the euro area.
Women’s and men’s unemployment rates remained stable at 6.1 per cent and 5.8 per cent in the EU, respectively.
In September 2025, the unemployment rate for women was 6.1 per cent in the EU and the unemployment rate for men was 5.8 per cent, both stable compared with the previous month. In the euro area, the unemployment rate for women was 6.5 per cent, stable compared with August 2025, and the unemployment rate for men was 6.2 per cent, up from 6.1 per cent in the previous month.
Fibre2Fashion News Desk (RR)
According to updated Eurosystem staff projections, headline inflation is expected to average 2.1 per cent in 2025, easing to 1.9 per cent in 2026 and 1.8 per cent in 2027, before returning to 2.0 per cent in 2028. Inflation excluding energy and food is forecast at 2.4 per cent in 2025, gradually declining to 2.0 per cent by 2028. Inflation for 2026 has been revised upward, mainly due to expectations that services inflation will fall more slowly than previously anticipated, the Governing Council of the ECB said in a press release.
European Central Bank has kept its key interest rates unchanged, maintaining confidence that inflation will stabilise at the 2 per cent target.
Updated projections show inflation easing gradually over the coming years, with a slight upward revision for 2026 due to persistent services prices.
Economic growth forecasts have been revised higher, supported by stronger domestic demand.
The ECB also revised its economic growth outlook higher compared with its September projections. Growth is now expected to reach 1.4 per cent in 2025, 1.2 per cent in 2026 and 1.4 per cent in 2027, with expansion projected to remain at 1.4 per cent in 2028. The improvement is driven largely by stronger domestic demand across the euro area.
The Council reiterated its commitment to ensuring that inflation stabilises sustainably at the 2 per cent target. It emphasised that future monetary policy decisions will remain data-dependent and assessed on a meeting-by-meeting basis, without pre-committing to any specific interest rate path.
Fibre2Fashion News Desk (KD)
Vera Bradley reported Q3 net revenues of $62.3 million, down from $70.5 million year over year.
Direct revenues fell 5.3 per cent, with comparable sales down 5.8 per cent, while indirect revenues dropped 30.2 per cent.
Gross margin declined to 42.1 per cent, impacted by inventory write-downs and higher duties, despite early progress from its Project Sunshine transformation.
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