Investors in Tokyo took the lead of their U.S. counterparts and pushed shares in the Nikkei 225 down 5percent, or 605.04 points, to 11,609.72 Tuesday after the bankruptcy of investment bank Lehman Brothers and the sudden deal to sell Merrill Lynch to Bank of America rattled markets in the U.S. and Europe.
Among the fashion decliners in Tokyo were Fast Retailing, which runs the Uniqlo chain and was down 5.9 percent to 10,740 yen, and Shiseido, which fell 1.5 percent to 2,565 yen. Inthe department store sector, Takashimaya Co. was down 4.3 percent to 832 yenwhile Isetan Mitsukoshi Holdings was off 4.2 percent to 1,096 yen.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)