The S&P 500 Retailing Industry Group fell 0.2 percent to 912.10 today even as the Dow Jones Industrial Average increased 0.3 percent to 16,458.56. Among the retail and apparel stocks that posted gains were Signet Jewelers Ltd., up 3.2 percent to $75.42; Vince Holding Corp., up 2.6 percent to $24.87; Quicksilver Inc, up 2.5 percent to $7.90, and Christopher & Banks Corp., up 1.8 percent to $8.00. For those firms that lost ground, two beauty firms led the way. Elizabeth Arden Inc. fell 19 percent to $27.96 after a profit warning, while Nu Skin Enterprises Inc. slipped 6.3 percent to $79.47 following word that Chinese officials were investigating its operations in the country. Also losing ground were, J.C. Penney Co. Inc. down 5.5 percent to $6.52; Destination XL Group Inc., off 5.1 percent to $5.56 and Columbia Sportswear Co., down 4.7 percent to $75.38. In the European markets, stocks edged up slightly, with the FTSE MIB in Milan leading the way. The Italian market advanced 0.5 percent to 19,969.33; followed by the DAX in Frankfurt, 0.3 percent to 9,742.96; the FTSE 100 in London, 0.2 percent to 6,829.30, and the CAC 40 in Paris, 0.2 percent to 4,327.50. The euro traded at $1.36 against the dollar, while the pound fetched $1.64, and the Swiss franc equaled $1.10. Retail and luxury stocks put on a mixed show, with the day’s biggest gainers including Bonmarche Holding, up 5.9 percent to 2.87 pounds; Brunello Cucinelli, up 2.5 percent to 22.81 euros; Marks & Spencer Group, up 1.8 percent to 4.87 pounds, and Salvatore Ferragamo, ahead 1.6 percent to 24.47 euros. Among the stocks that lost the most ground were Metro AG, down 2.1 percent to 34.92 euros; French Connection, 2.1 percent to 0.35 pounds; and Hugo Boss, 1.1 percent to 96.12 euros.
La Double J made a name for itself with its vintage-inspired prints, but for resort, designer JJ Martin has ventured into new territory: enter rich jewel toned solids and decadent embellishment, in the form of appliqués, crystals and sequins. #wwdfashion #resort19 #ladoublej
This Just In: J. Crew Group has named Johanna Uurasjarvi as its chief design officer.
Uurasjarvi succeeds Somsack Sikhounmuong, who left the company last September. Tap the link in bio for the full report. #wwdnews
“She came into my hotel room and she was like, ‘I have Chanel and Christian Dior.’ She was like, ‘Chanel likes you.’ And I was like, ‘I’m going to start crying,’” breakout star Maddie Hasson tells WWD of her styling sessions Molly Dickson. “I really like classic, elegant things. I love the way Anna Wintour dresses.” Read more about Hasson’s role in @impulseseries on wwd.com. (📸: @jgreenery ) #wwdeye
@virgilabloh revealed he's working with Australian stylist and
Vogue Australia fashion director @christinecentenera for his debut @louisvuitton men's collection, which will be presented in Paris on June 21. Centenera met Abloh while both working with Kanye West, where she consulted on his all his runway collections since his debut spring 2012 women's wear show. Read the full story on WWD.com. #wwdfashion #wwdnews (📷: @asussmanphoto)
"In order for Shudu to wear garments, she needs to be able to put them on, just like you would in the real world. You have to digitize the outfits," said Cameron-James Wilson on dressing 3-D model @shudu.gram for her WWD photoshoot with @itsclo3d. #wwdfashion (📸: @cjw.photo)
“Shudu is a digital supermodel, a very glamour and amazing woman. But she’s 3-D,” says Cameron-James Wilson, a fashion photographer and the creature of @shudu.gram. Here, Shudu wears @cushnieetochs for her debut fashion editorial. #wwdfashion (📷: @cjw.photo)
“It is the fierce female performances that came before me that made be able to clearly identify for myself what it was that I wanted to do, what kind of artist I wanted to be, what kind of films I wanted to make,” said @brielarson at the Women in Film Crystal + Lucy Awards. See more pictures from the event on WWD.com. #wwdeye (📷: Matt Baron)