• RICHEMONT SHARES CLIMB: Shares in Compagnie Financière Richemont soared nearly 40 percent on Tuesday, their first day of trading as a stand-alone luxury goods stock. Richemont, which still trades on the Swiss Stock Exchange, closed at 25.90 Swiss francs, or $22.42, up from a pro-forma closing price of 18.73 Swiss francs, or $16.21, a 38.2 percent change. All dollar figures have been calculated at current exchange. Luca Solca, a retail analyst at Bernstein in London, said the luxury-only stock is now more attractive to some investors. Richemont was split in two earlier this month: A luxury company that owns brands including Cartier, Dunhill and Chloé, and the holding company Reinet, whose investments include British American Tobacco.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)