The WWD Global Stock Tracker slipped 0.1 percent to 98.63 today, with Yoox.com, Kering and Michael Kors Holdings Ltd. leading the sector lower.
Yoox posted the worst performance in the 100-issue Tracker and fell 2.3 percent to 20.20 euros, or $27.15. This came despite the e-commerce company’s 15.9 percent rise in profits in the first half on a 14.7 percent gain in sales, to 238 million euros, or $326 million.
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)