The WWD Global Stock Tracker registered a 0.1 percent gain in its first day of operation, moving to 100.10 from its baseline of 100. The largest gains among the 100 international fashion, retail and beauty issues now tracked by WWD came from Elizabeth Arden Inc. and Inter Parfums Inc., which rose 3.3 and 2.9 percent, respectively, to close at $21.30 and $29.49. Under Armour Inc. and Kate Spade & Co. finished nearly as strongly, with gains of 2.9 percent to end the day at $59.91 and $38.12, respectively.Click Here for the WWD Global Stock Tracker >> Among issues pulling back on the day were Quiksilver Inc., down 6.4 percent to $3.36; Safilo Group SpA, down 5.1 percent to $15.33; Youngor Group Co., down 2.5 percent to 6.69 yuan, or $1.08 at current exchange; and Shanghai Metersbonwe Fashion & Accessories, down 2.4 percent to 8.17 yuan, or $1.32. Shares of Coach Inc. were off 1.4 percent to $34.50 after analysts at Buckingham Research downgraded the stock to “underperform” from “neutral” and cut their price target to $28 from $32. A number of British retail stocks fell in the day’s trading, after the British Retail Consortium reported late Tuesday that prices in British shops fell 1.8 percent in June compared to the same month last year. That marked the biggest annual drop in prices since 2006, the BRC said. That contributed to a 2.4 percent dip in shares of Marks and Spencer Group, which closed at 4.18 pounds, or $7.15.
“I like everything she does,” said @lilkimthequeenbee about @parishilton at Hilton’s launch party for her collab with @boohoo. “She understands women and the certain body types. I think her clothes are so cute. It’s hot. She’s funny, but sexy at the same time, just like me.” #wwdeye (📸 @chelsealaurenla ) #parishilton #boohoo #lilkim
“It has to be authentic and real to me,” @charlotteslawrence tells WWD’s @leighen about writing her own music. “No matter what I’m singing, I have to still be able to feel it in that moment or in five years from now — I have to be able to connect to that moment: this is my story, this is a little piece of me.” Read more on wwd.com (📸: @jgreenery ) #wwdeye #charlottelawrence
To celebrate Pride 2018, @themarcjacobs released the #GratefulNotHateful campaign, a social media initiative aimed at extending Pride beyond the parade. Inspired by Jacobs’ everyday outlook, the campaign features Jacobs along with a group of models and social media stars who are members and supporters of the LGBT community, all seen wearing @marcbeauty’s Highliner Gel Eye Crayons in colors of the rainbow. Head to our Instagram stories to see close-ups of the liner. #wwdbeauty