A quintet of U.S.-based equities, including Coach Inc., generated the largest gains for the day as the WWD Global Stock Tracker rose 0.2 percent to land at 97.32.
Shrugging off factors that drove the major U.S. indices down — including a 0.8 percent drop for the Dow Jones Industrial Average — WWD’s monitor of 100 top fashion, retail and beauty stocks around the world rose for the first time after five consecutive trading days of declines.
The largest gain of the day came from Quiksilver Inc., which advanced 6.4 percent to $2.98, followed by Coach Inc., up 4.3 percent to $35.80 after reporting better-than-expected fourth-quarter results. American Eagle Outfitters Inc.’s shares rose 4.2 percent to $10.86 while Tumi Holdings Inc.’s picked up 3.9 percent to $21.55.
Target Corp. registered the largest single decline of equities covered by the tracker, with shares easing 4.4 percent to $58.03 after it reduced guidance for second-quarter results based on expenses and charges tied to its holiday 2013 data breach.
Also surrendering market capitalization were Express Inc., with shares down 2.7 percent to $15.45; and Matsuya Co., down 2.4 percent to 1,072 yen, or TKTKTKT at current exchange. Myer Holdings Ltd., Yoox.com and Onward Holdings Co. each shed 2.1 percent to drop, respectively, to 2.33 Australian dollars, or $2.17; 18.10 euros, or $24.31, and 717 yen, or $6.99.
J.C. Penney Co. Inc. and Sears Holdings Corp. were off 1.7 and 1.6 percent, respectively, to $9.08 and $37.07, with Macy’s Inc. down 1.6 percent to $57.64. Penney’s said it would open its first unit in Brooklyn, a 124,000-square-foot, single-level store in phase two of Gateway Center, on Aug. 29.
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty