LONDON — Europe’s stock markets closed on the upswing on Friday, while the Nasdaq and Dow Jones Industrial Average also made gains in half-day trading, buoyed by Black Friday sales.The CAC 40 in Paris and the DAX in Frankfurt both rose 0.9 percent to 3,528.80 and to 7,309.13 respectively, while the FTSE 100 in London and the FTSE MIB in Milan both advanced 0.5 percent to 5,819.14, and to 15,635.89 respectively.
The Nasdaq climbed 1.4 percent to 2,966.85, while Dow Jones was also up 1.4 percent to 13,009.68, as shoppers took advantage of Black Friday sales - some of which started even earlier — on Thursday — this year.
The euro traded at $1.29, while the pound traded at $1.60.
In Europe, retail and luxury stocks made strong gains, despite news that a two-day meeting of European Union leaders in Brussels yielded no agreement on the 2014-20 budget.
Among the biggest winners were Tod’s, which advanced 1.1 percent to 90.85 euros; LVMH Moet Hennessy Louis Vuitton, which advanced 1.3 percent to 130.55 euros; and Metro, which was up 1.4 percent to 22.16 euros.
In the U.S. the big gainers included Macy’s Inc, which advanced 1.8 percent to $41.73; Nordstrom, Inc., which climbed 1.7 percent to $56.55; Wal-Mart Stores Inc., which was up 1.9 percent to $70.20; Dollar General Corporation, which climbed 2.9 percent to $49.41; and Aeropostale, Inc. which rose 3.8 percent to $14.45. Other stocks on the rise included Ralph Lauren Corporation, up 2.2 percent to $159.6.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)