LONDON — European stock markets made gains in mid-morning trading on Friday, with Milan’s FTSE MIB leading the rise.
The Italian market advanced 1.2 percent to 17,297.54; the CAC 40 in Paris, 0.6 percent to 3,950.76; the DAX in Frankfurt, 0.5 percent to 8,304.34; and the FTSE 100 in London, 0.3 percent to 6,614.45.
The euro traded at $1.31 against the dollar, while the pound fetched $1.55, and the Swiss franc equaled $1.07 at 11:45 am CET.
Retail and luxury stocks were mostly on the uptick, with the day’s biggest gainers including Asos.com, up 2.7 percent to 37.08 pounds; Inditex, 2 percent to 104 euros; Luxottica Group, 1.5 percent to 40.80 euros; and Brunello Cucinelli, 1.4 percent to 16.94 euros.
“I’ve struggled my whole life to find a bathing suit that fits me that doesn’t look like a maternity bra. I’m proud of the line because it’s an accurate representation of me rather than me putting on someone else’s clothes,” says @atlantabean of her swimwear collaboration with @piaarrobio, LPA X ATL. The two decided on a swimwear collab and increased the industry standard size for the pieces. Read more about the line — and our interview with de Cadenet Taylor and Arrobio — on WWD.com #wwdfashion
Exclusive: Cate Blanchett has been named the first global beauty ambassador for @armanibeauty. Blanchett has been the face of the brand’s Sì fragrance franchise since 2013, and is now representing all of the label’s beauty categories including makeup and skin care. #wwdbeauty (📷: @zefashioninsider)
“From concept to creation, my goal was to create beautiful pieces, with a variety of sizes, all at affordable prices,” said @joansmalls of the swimwear and intimate apparel she designed for @smartandsexysocial. The collection includes neon laced bras, sheer bodysuits and swimwear separates. The intimates collection will launch in July, while the swimwear collection will be available for purchase on Tuesday at select @walmart stores, walmart.com and smartandsexy.com. #wwdfashion