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.
@beyonce chose a custom gown by @falgunishanepeacockindia for mother @mstinalawson 's second annual Wearable Art Gala last night. The gown, which took 10 days to make, was inspired by Nubian warrior queen Amanishakheto. Reporting by @hernameislex . #wwdeye 👑 🐝#beyonce
After dressing @justintimberlake for his Super Bowl halftime performance last month, @stellamccartney has designed the star’s "Man of the Woods" tour wardrobe. Timberlake will be wearing a mix of pieces from McCartney’s fall men's collection as well as custom designs and items from his own closet. #wwdfashion
@carmeloanthony is upping his fashion game once again, introducing a hat collection with @goorinbros. Called Fresh Greens by Melo x Goorin, the line consists of five unisex models, all of which are made in America from 100 percent wool. Each hat is lined with Anthony’s signature and the inscription “Knowledge of self, wisdom and understanding.” You can purchase the collection line at Goorin’s website as well as three off its stores in San Francisco, New York City and Las Vegas #wwdaccessories
“I am of tradition, but that doesn’t mean I have an old outlook on life,” Hubert de Givenchy told WWD in an interview in 1978. The legendary designer, who died last week at the age of 91, achieved wide success soon after launching his own couture boutique in the early ’50s, but he refused to pine for that time. For the first time since its original publication, read our interview with Givenchy on his awe for Audrey Hepburn and looking forward. Link in bio. #wwdarchives #fbf (📷: Pierre Schermann)
About last night: @alexachung and @supergausa toasted the launch of their capsule collection. “It’s the shape that I love, so rather than amend the last and make the sole crazy or do anything wild, we just did really subtle additions that I think make it look really luxe-y,” said Chung. #wwdfashion (📷: Marc Patrick)
Exclusive: @off____white’s @virgilabloh is launching an exclusive eyewear capsule collection @sunglasshut. The unisex collection, which is made up of three styles, first made its debut on the brand’s fall runway show in Paris. Get all the details on WWD.com – link in bio. #wwdnews #wwdfashion