The WWD Global Stock Tracker regained some of the ground lost Monday with a 0.1 percent uptick to 108.07.
The tracker — an international group of 100 publicly traded fashion, retail and beauty companies — had started the week and the month with a 0.9 percent decline.
The increase came despite a 19.3 percent drop, to $29.48, from Vince Holding Corp., which began the day by reporting a third-quarter profit against a year-ago loss and a 20 percent sales increase. Still, analysts expressed concern about lower-than-expected gross margins.
Stocks showing strength were led by Youngor Group Co., up 5.3 percent to 10.03 yuan, or $1.63 at current exchange, and I.T Ltd., up 3.9 percent to 2.39 Hong Kong dollars, or 31 cents. Express Inc. shares were up 2.6 percent to $14.61 and Elizabeth Arden Inc. gained 2.2 percent to move to $17.67, while Avon Products Inc. ended the day 1.8 percent higher at $9.78.
Express is scheduled to report third-quarter results after the markets close Thursday.
The second largest decline among tracker stocks after Vince’s came from Quiksilver Inc., down 5.7 percent to $1.81. Salvatore Ferragamo Italia SpA shares gave back 4.6 percent to 20.77 euros, or $25.90, while Sears Holdings Corp.’s were down 4.4 percent to $33.91. Dickson Concepts lost 4.3 percent to close at 3.81 Hong Kong dollars, or 49 cents, and American Apparel Inc. slipped 3.7 percent to 53 cents.
Among major indices, the Dow Jones Industrial Average and S&P 500 both expanded 0.6 percent to 17,879.55 and 2,066.55, respectively, while the S&P 500 Retailing Industry Group was up 0.3 percent to 999.09, narrowly missing its third close above 1,000 since last Monday.