Retail stocks gained ground today as Wall Street briefly touched a five-year high and proved to be strong enough to support a rumor that accessories giant Coach Inc. could put itself on the market.
A Coach spokeswoman batted away the talk, noting, “We do not comment on speculation or rumors, particularly unsubstantiated ones.” But the report, attributed to DealReporter, was enough to push shares of Coach up as much as 5.4 percent before the stock closed up 2.8 percent at $47.82. More than 14 million shares traded hands, well above the 5.5 million daily average for the past three months.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)