The WWD Global Stock Tracker dipped 0.1 percent to 105.33 to end Friday’s trading session.
That’s still up from the Tracker’s close of 103.10 a week ago.
Other than the Dow Jones Industrial Average, which slipped 0.1 percent to 17,634.74, most other global indices saw gains in their trading sessions. In addition, the S&P 500 Retailing Industry Group rose nearly 0.5 percent to 978.76.
Overseas, the FTSE MIB in Milan saw the biggest gain, up nearly 1 percent to 18,965.41, followed by the CAC 40 in Paris, which rose 0.4 percent to 4,202.46. The FTSE 100 in London was up 0.3 percent to 6,654.37, while the DAX in Frankfurt inched up nearly 0.1 percent to 9,252.94.
The top stocks that saw declines were Movado Group Inc., dropping 31.8 percent to $26.25; Quiksilver Inc. slipped 3.9 percent to $1.96, and Urban Outfitters Inc., down 2.5 percent to $30.85.
Shares of Movado fell after the company scaled back its guidance for sales and profits. Efraim Grinberg, chairman and chief executive officer, said on Friday the “overall watch category is experiencing slower growth.”
Although not part of the Tracker’s 100 stocks, shares of Joe’s Jeans also was a big loser, shedding 21.2 percent to close at 75 cents in Nasdaq trading. The company said it had fallen out of compliance with the profit requirements of its Garrison Loan Agency term loan and was seeking waivers and adjustments. The default also put Joe’s in violation of its revolving credit and factory facility with CIT Commercial Services. Joe’s is negotiating with both lenders for waivers on the dual defaults.
Among the top gainers were Ascena Retail Group Inc. up 5.1 percent to $13.16; Debenhams Plc, up 4.2 percent to 70 pence, or $1.09 at current exchange, and J.C. Penney Co. Inc., up 3.9 percent to $7.38.