Retail shares fell just short of positive territory in an abbreviated trading day on Wall Street Tuesday.
The S&P 500 Retailing Industry Group was down 0.1 percent to 934.77 as trading came to an end at 1 p.m. in New York. The Dow Jones Industrial Average advanced 0.4 percent to 16,357.55 while the S&P 500 moved up 0.3 percent to 1,833.32. Both the Dow and the S&P headed into the Christmas at record closing levels.
Continuing a run that has seen its shares more than double in value in 2013, G-III Apparel Group Ltd. registered the strongest gain among the fashion, retail and beauty stocks tracked by WWD. Shares rose 6.1 percent to close at $73.89. Zale Corp. was up 4.6 percent to $16.15.
The Bon-Ton Stores Inc.’s shares declined 3.2 percent to $17.31 while Delia’s Inc.’s were of 3 percent to 92 cents.
In Europe, the DAX in Frankfurt and the FTSE MIB in Milan were both closed for the holidays. In London, the FTSE 100 closed up 0.2 percent to 6,694.17 while the CAC 40 in Paris was up 0.1 percent to 4,218.41.
It was generally a positive day for the fashion, luxury and retail stocks in those markets.
Those that rose in the day’s thin trading included Asos.com, up 0.4 percent to 61.80 pounds; Burberry, which gained 0.7 percent to 14.66 pounds, and Mulberry Group, which rose 2.5 percent to 9.53 pounds.
Among the few that logged declines were L’Oréal, which fell 0.2 percent to 124.90 euros; Hermès, which dipped 0.6 percent to 250.80 euros, and French Connection, down 0.4 percent to 0.36 pounds.
The pound traded for $1.63 Tuesday, while the euro went for $1.37.
In his new book “Hollywood Royale,” Andy Warhol’s Protégé Matthew Rolston celebrates the Eighties revival of Hollywood glamour. Featuring more than 100 portraits taken by Rolston from 1977 to 1993, the book contains photos of icons like Michael Jackson, Cyndi Lauper, and @drewbarrymore, pictured here in 1991. “Hollywood Royale,” out today, will be accompanied by an exhibition opening at Los Angeles’ Fahey/Klein Gallery on March 1. #wwdeye
"Nowadays when life is not so happy with everything going on in the world, I think people come to me for a little bit of whimsy and color and fun." - Designer Rebecca De Ravenel on her cult-favorite jewelry line. (📸 : @vsteves) #wwd40
“Everyone is talking about how the retail industry is struggling, but I think it’s an incredible time because brands who are doing something different and innovative are setting themselves up for the future,” said @adamgoldston, who founded the luxury athletic brand @apl with his brother @ryangoldsten. The Goldston’s are part of WWD’s 40 under 40: a group of industry notables. See the rest of the list on WWD.com. (📷: @vsteves) #wwd40
@eyeswoon blogger Athena Calderone debuted her first-ever cookbook, “Cook Beautiful,” which is heavily centered on the presentation and visual expression of food. Pictured here are her miso glazed carrots from the book. Get the recipe on WWD.com. (📷: @johnny_miller_) #wwdeye
“It’s passion that helps get anybody to a certain point and it’s what’s propelled me,” said Kith founder @ronniefieg, one of WWD’s 40 under 40: a group of industry notables who are changing the face of retail, fashion and beauty. Fieg, who opened a Manhattan flagship on October 7, began his career at age 13 as a stock boy and salesman for footwear chain David Z. “I think staying true to [my] beliefs, hard work and passion have gotten me to where [Kith] is today.” See the rest of the 40 at WWD.com. (📷: @vsteves) #wwd40
25-year-old @samweaving is about to break out this fall, starring in Netflix’s horror film “The Babysitter,” fittingly out today on Friday the 13th. That’s not the only place you’ll be seeing her, though — Weaving’s got a role Showtime’s “SMILF” and another alongside Frances McDormand and Woody Harrelson in “Three Billboards Outside Ebbing, Missouri.” Though she’s got a full plate at the moment, there’s one role she’s got her eye on: Marilyn Monroe. “I’m a little too young at the moment, but it’s on my bucket list,” the actress told WWD (📷: @dandoperalski) #wwdeye
BFF's Poppy Jamie and Suki Waterhouse celebrated the launch of their bag line Pop x Suki at Nordstrom last night. "The line is really about our friendship, and how we are so different but complement each other," said Waterhouse. 👯 (📷: Katie Jones) #wwdeye
After designing the new @louisvuitton and @bulgariofficial flagships and a @chanelofficial boutique opening in Japan, @petermarinoarchitect has another project on his plate: The Lobster Club. Located in the Seagram Building, it’s the famed architect’s first restaurant project in New York, serving up modern Japanese brasserie-style cuisine. Bronze hues, bespoke material detailing, blush and chartreuse tones and a heavy emphasis on Picasso can be seen throughout. Mark your calendars for Nov. 1 for the much-anticipated opening. (📷: @clint_spaulding) #wwdeye
Did you know: @carlychaikin of "Mr. Robot" has been painting for about a decade? The actress, who plays Darlene on the show, is a self-taught artist who lists Salvador Dalí and Chuck Close as some of her idols. Chaikin told WWD that painting is a form of meditation for her — A much-needed one given the intensity of "Mr. Robot." See a piece Chaikin is working on at WWD.com (📷: @jilliansollazzo) #wwdeye