LONDON — Europe’s major markets were mostly down in mid-morning trading Monday, with the exception of the FTSE 100 in London, which was up 0.2 percent to 7,391.19.The DAX in Frankfurt declined 0.3 percent to 12,599.64, followed by the CAC 40 in Paris and the FTSE MIB in Milan, which both fell 0.1 percent to 5,232.81 and to 21,478.02, respectively.The euro traded at $1.15, while the pound fetched $1.31 and the Swedish krona was equivalent to $1.04 at 11:15 a.m. CET.Retail and luxury stocks were uneven, with the morning’s biggest gainers including SuperGroup and Zalando, which were both up 1 percent to 14.83 pounds and to 41.96 euros, respectively, and Hennes & Mauritz, 1.2 percent to 213.70 Swedish kronor after the company announced that June sales had gained 7 percent year-on-year at constant rates, in line with consensus.Jimmy Choo climbed 1.2 percent to 1.89 pounds following speculation by Sky News on Friday that the company may draw bids of up to 800 million pounds from suitors including Michael Kors, Hony Capital, the Chinese private equity firm, and CVC Capital Partners.None of the companies involved commented on the speculation.Among the stocks that fell the most in mid-morning were Italia Independent Group, 1.4 percent to 4.93 euros; Tod’s, 0.5 percent to 55.80 euros, and Adidas, 0.4 percent to 179.95.Click Here for the WWD Global Stock Tracker >>
In honor the @CFDA’s announcement of @iamnaomicampbell receiving the Fashion Icon Award at the 2018 #CFDAAwards, which will take place on June 4, here’s a #tbt of the supermodel on @michaelkors’ runway in 1991. #wwdfashion #wwdarchive (📷: George Chinsee)
“I was making the guacamole when my scout saw me,” says model @stuckinteenage on being discovered just six months ago while working at @chipotlemexicangrill. Since then Williams has signed with @dnamodels, walked in her first show at @calvinklein and landed on the cover of @vogueitalia – a high point of any model’s career. To read @lisajlockwood’s full interview with the model on her experiences thus far, head to WWD.com – link in bio. (📷: George Chinsee)
“I love the idea of dialogue, period. It’s where I’ve always gotten my inspiration from: hearing other women speak, their journeys and their paths,” said @hereisgina, who delivered the keynote speech during @sxsw for @createcultivate in partnership with @fossil. For her two panels, Rodriguez chose female empowering, female-led and female entrepreneurs to focus on. Head to WWD.com to read more about her thoughts on Time’s Up, growing up in a family of women and why we “need a girls’ club.” #wwdeye #sxsw (📷: @jgreenery)
Leading luxury brand are shaking things up to keep up with streetwear. Case in point: the arrival of @mrkimjones as artistic director of @diorhomme. Jones, who succeeds @Kris_Van_Assche, is seen as one of the handful of designers who can actually straddle the luxury and streetwear worlds — which could lead to even more changes at established brands. What could this mean for the rest of the menswear landscape? Head to WWD.com to find out what experts predict #wwdfashion (📷: @franckmura)
“It’s like buying groceries. You’re going to buy the best mango, the best mozzarella, the best things. You have to, or others are going to take it all,” said @gabrielahearst on why she uses only the finest fabrics. Last week, Hearst received her first @cfda nomination for Womenswear Designer of the Year, and earlier this month she opened a permanent showroom in Paris. To read @jessiredale’s interview with the designer and find out why this is shaping up to be a big year for her, head to WWD.com. #wwdfashion (📷: @francoisgoize)
“It’s an interesting thing, playing a younger version of your mother. It’s an interesting concept. I adore my mom and love her in every capacity, but it was just something that had never crossed my mind,” says @anniemstarke on playing a young Joan Castleman in “The Wife.” The same role will be played by her mother Glenn Close. Read more about her growing up in the film industry as the daughter of producer John H. Starke and Close and what she has planned for the future #wwdeye (📷: @nataliamantini)
@asics is launching a new streetwear sneaker inspired by its latest ambassador, @steveaoki. The Hyper-Kenzen x Aoki, which will launch at @footlocker stores exclusively tomorrow, is a slip-on style that incorporates the brand’s proprietary Gel technology through beads integrated into the midsole for comfort and endurance. Read the full story on WWD.com.