LONDON — European stock markets logged gains in morning trading on Friday.The FTSE MIB in Milan was up 0.5 percent to 22,232.51, followed by the FTSE 100 in London, which advanced 0.3 percent to 7,546.98. The DAX in Frankfurt rose 0.2 percent to 13,021.86, and the CAC 40 in Paris was up 0.1 percent to 5,371.10.The euro traded at $1.18, while the pound fetched $1.31 at 11:00 a.m. CET.Retail and luxury stocks were uneven, with the morning’s biggest gainers including Joules Group, up 2.3 percent to 2.96 pounds; Gemfields, 2 percent to 0.32 pounds, and Asos.com, 1 percent to 55.61 pounds.Among the stocks that lost the most ground were Aeffe, down 2.6 percent to 2.26 euros; Koovs.com, 1.8 percent to 0.27 pounds, and Unilever, 1.6 percent to 48.49 euros.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.