As 2013 draws almost to a close, most major global indices ended their trading sessions on a down note. One exception was the Dow Jones Industrial Average in the U.S., which rose nearly 0.2 percent to 16,504.29. The S&P Retailing Industry Group followed the trend of Europe’s majors indices, dipping slightly by 0.01 percent to 934.07.
Among the top gainers in the U.S. were Express Inc., up 3.7 percent to $18.87; Sears Holdings Corp., which rose 3.3 percent to $47.70, and The Wet Seal Inc., which gained 2.7 percent to $2.64. Christopher & Banks Corp. was the top loser on the retail front, down 2.6 percent to $8.64.
In Europe, the DAX in Frankfurt fell 0.4 percent to 9,552.16, while the FTSE 100 in London slipped 0.3 percent to 6,731.27. The CAC 40 in Paris was down 0.1 percent to 4,275.71, while the FTSE MIB in Milan managed to edge up 0.1 percent to 18,967.71.
Retail stocks led the falls in London — among the FTSE 100’s top five worst performing stocks were Marks & Spencer, down 1.7 percent to 4.42 pounds; Sainsbury, the supermarket chain, down 1.9 percent to 3.71 pounds, and Sports Direct International, the activewear retailer, down 1.6 percent to 7.17 pounds.
Luxury stocks performed better in the day’s trading. Aeffe gained 5 percent to 0.7 euros, while Moncler surged 7.1 percent to 15.80 euros. Prada gained 1.9 percent to 69.80 Hong Kong dollars and Mulberry Group rose 2.1 percent to 9.80 pounds.
Swatch Group ended the day down 0.3 percent to 100.40 Swiss francs, recovering from deeper losses earlier in the day, as investors reacted to news of a fire that destroyed the workshop at ETA Manufacture Horlogère, a Swiss Swatch company that manufactures watch movements.
The euro traded for $1.37 Monday, while the pound traded for $1.65, the Hong Kong dollar for $0.13 and the Swiss franc for $1.12.
The down note in Europe was in contrast to the gains earlier in the day in Asia, which saw the Nikkei 225 in Tokyo rise 0.7 percent to 16,291.31, and the Hang Seng Index in Hong Kong up 0.01 percent to 23,244.87.
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