LONDON — European stock markets were broadly flat in mid-morning trading on Thursday.The FTSE MIB in Milan edged up 0.4 percent to 17,413.06, while the CAC 40 in Paris advanced 0.3 percent to 3,720.90. The FTSE 100 inLondon rose 0.01 percent to 6,104.61 while the DAX in Frankfurt retreated 0.3 percent to 7,670.74.The euro traded at $1.33 while the pound traded at $1.60 and the Swiss franc traded at $1.10 at 11:20 a.m. CET.Retail and luxury stocks were mostly up, with the morning’s biggest gainers including Carrefour SA, which climbed 5.9 percent to 20.45 euros, on the back of a 0.8 percent rise in fourth quarter revenues to 22.85 billion euros; Tod’s, which advanced 1.5 percent to 101.40 euros; and Ferragamo, which was up 1 percent to 19.80 euros.Asos.com advanced 0.2 percent to 26.60 pounds after reporting a 39.8 percent rise in revenues to 79.8 million pounds in the month of December. International retail sales were up 47 percent, while U.S. retail sales rose 53 percent in the month — and the outlook is rosy.“We remain positive in our outlook for 2012/13 as we continue our journey to becoming the number one online fashion destination for twenty-somethings, globally,” asserted the company’s chief executive Nick Robertson in a statement.
“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