The WWD Global Stock Tracker was able to do what the major U.S. indices could not — finish with an increase — on a day when stocks followed the price of oil both up and down.
WWD’s group of 100 international fashion, retail and luxury stocks ended the day ahead 0.2 percent to 109.28, just a half point below its high-water mark of 109.78 reached last Thursday.
While the Dow Jones Industrial Average ended the day down 0.2 percent at 17,613.68, its range for the day spanned 425 points — as low as 17,498.23 and as high as 17,923.01 — as stocks picked up in the morning as crude oil prices appeared to firm and then fell in the afternoon as oil fell once again.
The S&P 500 and its retailing subset, the S&P 500 Retailing Industry Group, both contracted 0.3 percent, to 2,023.03 and 998.70, respectively.
The strongest percentage gain among tracker stocks came from American Apparel Inc., up 7.4 percent, or 6 cents, to 86 cents, followed by Yoox.com, which gained 5 percent to close at 16.53 euros, or $19.56 at current exchange.
Brunello Cucinelli SpA shares were up 4.9 percent to 18.85 euros, or $22.31, while Dickson Concept International rose 4 percent to 3.92 Hong Kong dollars, or 51 cents, and Carrefour SA shares added 3.9 percent to end the day at 25.39 euros, or $30.04.
Among equities not included in the tracker, Bebe Stores Inc. shares rose 20.2 percent, to $2.98, after the women’s specialty store chain reported a same-store sales increase of 8 percent for the holiday quarter and reduced its anticipated loss for its second quarter ended Jan. 3.
Stocks in retreat were led by a quartet of retailers. The Buckle Inc., was down 10.8 percent to $50.04 while Debenhams plc was down 6.6 percent to 70 pence, or $1.06, and Urban Outfitters Inc. lost 5.2 percent to $34.51.
Shares of The Bon-Ton Stores contracted 4.2 percent to $6.42 and now stand 28.7 percent below their $9.01 close on Oct. 16. Kate Spade & Co. was off 3.9 percent to $27.06.
The Department of Commerce is slated to report preliminary December retail sales and adjusted November sales on Wednesday morning.
“What he has done at Vuitton is really exceptional,” said @gameofthrones’ actress Gwendoline Christie on @mrkimjones’ final show for @louisvuitton. “He has rebooted luxury in terms of making it commercial, viable and contemporary. And most importantly artistic. He has never compromised his artistic vision for the sake of commodity.” (📷: @zefashioninsider)
After seeing a demand for men’s wear from its customers, British contemporary women’s wear label @ariesarise has added a men’s wear component and will launch a unisex collection with @mrporterlive. The 20-piece collection includes jackets, denim, logo T-shirts and more with deconstructed ‘90s vibes. Set to launch on January 18, you can shop the pieces on Aries’ website and on mrporter.com. #wwdfashion
“And so spending so much time with a character who thinks like that, inevitability you try and analyze yourself and go back and think about your own demons and dark chapters that you had in your life,” says @thedanielbruhl of his role in TNT’s “The Alienist.” The show, set in the Gilded Age of New York, also stars Dakota Fanning and Luke Evans. Head to WWD.com to read about how 39-year-old Brühl prepared for the role and why he thinks the show is so relevant to today #wwdeye ( 📷: @Eriktanner)
Now that Celine Dion’s collection has topped $10 million in sales, the pop superstar, fashion icon and newly-minted industry player is eyeing growth in Asia. Read the full report by @tiffanyap, link in bio. #wwdnews #celinedion
“My personal philosophy to beauty is paying attention to oneself. I love to be outdoors, lots of fresh air, trying to take care of yourself as best you can. I always notice that comes through,” says Felicity Jones, the global face of @shiseido-owned @cledepeaubeauteus, which launches today. Head to WWD.com to read more about the actress’ love for beauty and how she prepared for her new role in “The Basis of Sex,” playing the young Ruth Bader Ginsburg. #wwdbeauty (📷: @dandoperalski)
Among the familiar faces at @off____white’s show was a surprise figure: Japanese artist @takashipom, pictured here on Wednesday morning. Other show-goers included @jerrylorenzo, who spoke about his upcoming project: a @nike collaboration for back to school, with designs inspired by his childhood on the West Coast. Sitting in the front row were Future, Don Crawley, @miguel and more. See the rest of the photos on WWD.com #wwdeye (📷: Stephane Feugere)
According to @laurentsai, former “Terrace House: Aloha State” cast member, she didn’t know she was auditioning for the Japanese version of “Real World.” “I was telling a couple of my friends and someone’s like, ‘That sounds a lot like Terrace House.’ I was like, ’No it can’t be.’” Turns out, it was. But Tsai isn’t just a reality star — she’s an illustrator who has worked with Starbucks Japan and most recently, she’s dipping her toes into the fashion world. Head to WWD.com to read about her time on the show, modeling and her art. #wwdeye (📷: @danieldorsa)
More changes are coming to New York Fashion Week: Beginning with the spring 2019 collection, @alexanderwangny will move his New York show to June from September, adopting a biannual schedule with collections shown in June and December. Additionally, the @cfda is planning for an official summer/winter fashion season taking place as soon as June and December 2018. Read more about the upcoming changes on WWD.com. #wwdnews #wwdfashion (📷: @slovekinpics)