The WWD Global Stock Tracker pulled back 0.4 percent to 99.18, principally on declines in European markets.
The steepest decreases for the day were from U.S.-based equities, with Michael Kors Holdings Ltd. down 7.3 percent to $79.44, American Apparel Inc. down 5 percent to $1.15, Inter Parfums Inc. down 2.9 percent to $28.35 and Oxford Industries Inc. down 2.6 percent to $63.91. Of the 100 companies in the WWD sample, Trinity Ltd. was the only other issue to slip more than 2 percent, declining 2.4 percent to 2.03 Hong Kong dollars, or 26 cents at current exchange.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)