LONDON — Europe’s major stock markets started the week on a down note, with the German and French markets leading the decline.
In mid-morning trading today, the DAX in Frankfurt and the CAC 40 in Paris were both down 1.1 percent, to 6,789.25 and 3,429.33 points, respectively. The FTSE 100 in London sank 0.7 percent to 5,896.72, followed by the FTSE MIB, which edged down 0.4 percent to 16,242.16. The euro traded at $1.34, while the pound traded at $1.59 at 11:10 a.m. CET. Retail and luxury stocks put on a mixed show. Stocks on the rise included Hugo Boss, which was up 0.1 percent to 72.73 euros; French Connection climbed 2.6 percent to 0.50 pounds; Yoox was up 1 percent to 10.56 euros, and Marks & Spencer rose 1.2 percent to 3.58 pounds. Among the stocks that lost ground were Ferragamo, which tumbled 2.5 percent to 13.87 euros; Safilo Group, which sank 3.2 percent to 5.28 euros, and Burberry Group, which was down 1.5 percent to 14 pounds. According to the U.K.’s Office for National Statistics, the U.K. economy shrank by 0.2 percent in the fourth quarter of 2011, caused by a lack of investment by businesses and a fall in manufacturing.
The iconic Tiffany & Co. Fifth Avenue flagship will have a whole new look come 2021, reports @mistywhitesidell . The 10-story store is being expanded and renovated under the vision of chief artistic officer, Reed Krakoff. #wwdnews
“I feel like the [Emmy] nomination is this absurdly generous bonus to something that I’ve already been excited by for quite some time now,” Darren Criss tells @ktauer about his nomination for his role as Andrew Cunanan in The Assassination of Gianni Versace: American Crime Story, “My general attitude toward life is I hope for everything but expect nothing. But when you’re playing for the Warriors, there’s a good chance you’ll make it to the championships. And I’m not saying I’m Steph Curry, but when you’re on [showrunner] Ryan Murphy’s team, it seems more palpable than ever,” he continues. (Criss previously starred on “Glee,” another Murphy creation, although they didn’t directly work together.) “I feel like I’ve already won the lottery.” Read more in WWD.com (📸: @lexieblacklock ) #wwdeye #darrencriss #americancrimestory #emmys2018