The S&P Retail Index rose 0.7 percent, or 4.53 points, to 632.19 as trading settled, and the Dow Jones Industrial Average slipped just 0.1 percent, or 7.36 points, to 13,164.78.
Abercrombie warned earlier this month that its second-quarter results would be disappointing and analysts said investor expectation were low when results came out today. That set up a 9 percent jump to $35.23 for the firm’s stock.
Other gainers included Perry Ellis International Inc., up 8.9 percent to $22.27; True Religion Apparel Inc., 6.7 percent to $22.83; Movado Group Inc., 6.1 percent to $27.87, and Rue21 Inc., 4.3 percent to $27.11.
Markets were mixed in Europe. Milan’s FTSE MIB gained 0.9 percent to 14,656.87, but the Paris CAC 40 slipped 0.03 percent to 3,449.20, Frankfurt’s DAX fell 0.4 percent to 6,946.80, and London’s FTSE 100 fell 0.5 percent to 5,833.04.
The strongest stocks for the day included Salvatore Ferragamo, up 1.1 percent to 17.38 euros; Burberry Group, ahead 1.1 percent to 13.77 pounds, and Luxottica Group, up 0.6 percent to 28.88 euros.
The euro traded at $1.23 and the pound went for $1.57.
Etro’s show, titled “The Tree of Life,” was a celebration of the house’s 50th anniversary. “My father founded the company in 1968, which was the year of counterculture and psychedelia. It’s really a show that celebrates that and the paisley design of India and its origin,” said Veronica Etro. #wwdfashion #mfw #ss18 (📷: @delphineachard)
For @msgm’s spring 2018 show, creative director @massimogiorgetti said “Words, sounds, colors. Synthesis and therapy of a collection,” were the inspirations behind the collection, showing today. Read the rest of Milan spring 2018 inspirations on WWD.com. #mfw #wwdfashion #ss18
For her first solo album in over 10 years, Fergie tapped Carine Roitfeld, Mert and Marcus, Giovanni Bianco and more to create a fashion-focused video approach for the record, Double Dutchess. "Giovanni really helped me get back in touch with my tomboy side, my hardside," said the singer. #wwdeye #wwdfashion ( : @slovekinpics)
“Volumes and Graphic Art of the Nineties are the main inspirations of the new Aquilano.Rimondi SS 2018 collection,” said cocreative directors Tommaso Aquilano and Roberto Rimondi. #wwdfashion #mfw #ss18