The S&P 500 Retailing Industry Group rose 0.1 percent to 931.77 today, modestly outperforming the Dow Jones Industrial Average's 0.1 percent decline to 16,437.05.
Among the major gainers were Zale Corp., which rose 14.7 percent to $16.23 after reporting holiday sales gains, and Abercrombie & Fitch Co., which increased 12 percent to $37.19 after it indicated that its holiday turned out better than previously thought.
On the downside, Sears Holdings Co. fell 13.8 percent to $36.71 after the company said its November and December comparable-store sales fell a combined 7.4 percent.
In Europe, markets were on the rise.
The FTSE 100 in London increased 0.7 percent to 6,739.94, while the CAC 40 in Paris climbed 0.6 percent to 4,250.60. The DAX in Frankfurt also rose 0.6 percent to 9,473.24 and the FTSE MIB in Milan closed up 0.3 percent to 9,473.24.
It was a mostly positive picture for fashion, luxury and retail stocks, too.
Among those perking up were Swatch Group, which gained 3.9 percent to 98.35 Swiss francs after the watchmaker reported Friday that its gross sales rose 8.3 percent in 2013. Richemont, whose portfolio includes watchmakers such as Piaget and IWC, gained 4 percent to 87.70 Swiss francs following Swatch’s positive update. Other luxury names that rose included Burberry, up 3.7 percent to 14.73 pounds and Mulberry, up 3 percent to 9.31 pounds.
Among the few stocks in the sector that fell were Aeffe, down 3.4 percent to 0.84 euros; Brunello Cucinelli, which dipped 2.4 percent to 23.24 euros, and Yoox, which slipped 2.7 percent to 31.34 euros.
The pound traded for $1.65 against the U.S. dollar, while the euro went for $1.36 and the Swiss franc for $1.10.
@fearofgod and @maxfieldla have teamed up on a pop-up installation. The store, located in the gallery space across from Maxfield’s Melrose Ave location, is the site of the brand’s House of God pop-up in which Fear of God founder @jerrylorenzo has created a church-inspired installation. A dozen vintage church pews sit in front of an LED screen playing 90s gospel singers in an effort to re-create an environment akin to a Southern Baptist Church, Lorenzo explained. Read more about the pop-up on WWD.com #wwdfashion (📷: Jennifer Johnson)
Known for his sleek, sophisticated American glamour, Norman Norell is the subject of an upcoming exhibition at @fitnyc. “Norell: Dean of American Fashion,” which runs from February 9 through April 14, will feature approximately 100 ensembles and accessories. His best work is exemplified by the designer’s glittering “mermaid” gowns frosted with thousands of hand-sewn sequins – like the one pictured. (📷: William Helburn) #wwdfashion
For pre-fall 2018, @balmain didn’t let go of the glitz. A crystal embroidered baseball jacket priced at around $40,000 hangs in the “couture” section of the brand’s first men’s pre-collection. Sporting the words “Balmain Army” across the back, the item took around two months to make. “When it was completed, it was like Christmas, it was like, ‘It’s done, it’s exactly what I wanted,’” said Balmain’s creative director @olivier_rousteing during a tour of the collection in a Paris showroom on Monday. #wwdfashion
Eighty degree temperatures and outdoor installations at the annual Art Basel Miami Beach called for bright, elevated beachwear. See more street style pictures on WWD.com. #theyarewearing #ABMB (📷: @lifeinreverie)
Following September’s emotional tribute to her brother Gianni, Donatella Versace wanted to bring the spring show’s deep sense of intimacy to her @versace_official pre-fall collection. Donatella found inspiration in Versace Palazzo in Milan and from Gianni’s opulent apartment. Archival patterns and new motifs were splashed on silk shirtdresses and fitted jersey frocks. See the rest of the photos on WWD.com. #wwdfashion
Demna Gvasalia continues to shake up the Paris fashion calendar — and experiment with new runway timetables for his @vetements_official brand. WWD has learned that Vetements plans to stage its next coed show for the fall 2018 season on January 19 during Men’s Fashion Week in the French capital. Details about the timing and venue have not been confirmed — stay tuned on WWD.com to catch the latest. #wwdnews (📷: @giovanni_giannoni_photo)
@zacposen's go-to holiday gift? Cookies! "I'll usually bake cookies and send them as a gift," said the designer, who recently released his cookbook "Cooking With Zac: Recipes from Rustic to Refined." Get the recipe for his Brown Butter-Chocolate Chip Cookies via link in bio 🍪🍪🍪 #wwdeye #cookingwithzac
For @monsemaison’s pre-fall 2018 collection, Fernando Garcia and Laura Kim honed in on the brand’s many signatures — men’s wear, which was tweaked and feminized through deconstruction, proportion play and lots of bare shoulders. See the rest of the photos on WWD.com #wwdfashion (📷: George Chinese)
On Friday night, @yohjiyamamotoofficial received the Design for Asia Lifetime Achievement Award in Hong Kong. The 75-year-old designer has been celebrated for many years and is best known for his dark and avant-garde tailoring. “In my long career, in design, architecture, [I’ve been to] so many parties, this is the very first time that I have such a warm feeling, I really appreciate this,” Yamamoto said. #wwdfashion (📷: @dominiquemaitre)