During the midday trading session U.S. issues were mostly in the red, but had resisted the steep declines of Europe and Asia following a thumbs-down vote in Greece over bailout terms for the troubled country.
Milan's FTSE MIB was Europe's only major market to gain ground Tuesday morning.
Government and Trade
AGOA was the focus of a three-day conference in Geneva on Aid for Trade hosted by the World Trade Organization.
Mergers and Acquisitions
Combined companies' sales will exceed $19 billion with store count over 13,600 units.
Law firm aims to advise the $254 billion luxury and fashion industries on intellectual property.
Forecasts and Analysis
McKinsey study deems e-commerce an indispensable growth factory in luxury, set to generate 70 billion euros by 2025.
Marketing and Promotion
Cowshed kits will be offered to United Global First and United BusinessFirst passengers on long-haul international flights to and from the United States.
Succeeds Paul Dascoli, who has left the firm, and reports to Matthew Moellering, chief operating officer.
Maurices and Aéropostale expand apparel specialty clientele by two as Helzberg Diamonds and Things Remembered also sign on.
Despite fashion-related mergers and acquisition moving at a brisk clip, Bogner, the 83-year-old family-owned Munich brand, is no longer on the block.
Offering raises $1.6 billion to be applied to real estate purchases from Sears.