LONDON — Europe’s major markets continued to lose ground Friday morning as the war of words between North Korea and the U.S. persists.The FTSE MIB in Milan lost the most, falling 1.3 percent to 21,407.37, followed by the CAC 40 in Paris, 1.2 percent to 5,052.98, and the FTSE 100 in London, 1.1 percent to 7,306.07. The DAX in Frankfurt dipped 0.5 percent to 11,959.52.The euro traded at $1.17, while the pound fetched $1.30 at 11:40 a.m. CET.Retail and luxury stocks were mostly down, with the morning’s biggest fallers including Geox, 3 percent to 3.28 euros; Safilo Group, 2.2 percent to 6.10 euros, and Tod’s, 2.1 percent to 56.65 euros.Among the very few stocks to gain ground were Gemfields, 2 percent to 0.32 pounds, and Superdry parent SuperGroup, 1.3 percent to 15.43 pounds.Click Here for the WWD Global Stock Tracker >>
@juicebeauty, where @gwynethpaltrow holds the title of creative director of makeup, has become one of the foremost labels in the organic beauty category –– with sales on track to hit $100 million this year. What’s behind the rapid growth the brand is experiencing right now? It all started in 2005 when the wellness movement was just getting started. Read more on WWD.com. #wwdbeauty
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"I want to tell a story that inspires people to feel good about themselves, but also I'm making a commentary about the lack of female stories and female directors and saying this should change," said @imheathergraham on her latest project "Half Magic." The comedy feature, which the actress wrote and directed, is based on her own struggles as a woman in show business. Read @andrewnodell's full interview with Graham on WWD.com. #wwdeye (📷: @jgreenery)
@meltcosmetics cofounders @lora_arellano and @danabomar built their brand on a single idea: a true matte lipstick. To set the brand apart, they said they always put their customers first –– including a personalized note in each package. #wwdsummits #wwdbeauty
@moncler unveiled its latest project, #MonclerGenius, yesterday at Milan Fashion Week. The Italian outwear maker gave show-goers a preview of the monthly collections – which were created by eight designers and creative talents including Pierpaolo Piccioli, Simone Rocha, Craig Green and more – that will start rolling out in the summer.