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Burberry profit slumps as luxury sector takes hit

LONDON: Burberry on Wednesday said its annual net profit almost halved and predicted struggles ahead as the luxury...

Published 15 May, 2024 11:15pm

Life & Style

Gucci takes over London’s Tate Modern for cruise line catwalk show

LONDON: Gucci turned London’s Tate Modern art gallery into a catwalk on Monday, as the Italian luxury label...

Published 14 May, 2024 01:27pm

Life & Style

Luxury brands lure Chinese shoppers despite slowdown

SHANGHAI: Sipping champagne and nibbling fried dumplings, Shanghai’s rich and influential posed by Louis Vuitton...

Published 03 May, 2024 05:00pm

Life & Style

Valentino hires former Gucci designer Michele as creative director

MILAN: Valentino has hired former Gucci designer Alessandro Michele as creative director, after the announcement of...

Published 29 Mar, 2024 02:56pm

Life & Style

Kering anticipates 10% sales drop due to Gucci decline: statement

PARIS: French luxury giant Kering said Tuesday it is anticipating a 10-percent drop in year-on-year sales in the...

Published 20 Mar, 2024 03:52pm

Life & Style

Milan Fashion Week fires up catwalks despite cautious outlook

MILAN: The fashion set moves to Italy Wednesday for Milan Fashion Week, marked by a new designer at Moschino but...

Published 21 Feb, 2024 01:35pm

Business & Finance

Gucci owner Kering says profit fell 17% in 2023

PARIS: French luxury giant Kering said Thursday its sales and net profit fell in 2023, warning its investment...

Published 08 Feb, 2024 12:51pm

Life & Style

Gucci opens Milan Fashion Week with De Sarno’s dressy looks for men

MILAN: Gucci creative director Sabato De Sarno kicked off Milan Fashion Week on Friday with a lineup of refined...

Published 13 Jan, 2024 01:32pm

Life & Style

Adam Driver on biopic ‘Ferrari’: ‘the pressure was on to get it right’

LONDON: American actor Adam Driver once again puts on an Italian accent in his latest film, playing carmaker Enzo...

Published 05 Dec, 2023 01:43pm

Life & Style

Louis Vuitton, Gucci to open at Mukesh Ambani’s Jio World Plaza in Mumbai

Mumbai's Jio World Plaza will house more than 66 luxury brands, including Dior, Rolex and Bulgari

Updated 01 Nov, 2023 04:26pm

Life & Style

Moschino names former Gucci designer Renne creative director

MILAN: Italian fashion group Aeffe said on Monday that former Gucci’s head designer of womenswear Davide Renne would...

Published 17 Oct, 2023 01:14pm

Life & Style

LVMH shares tumble, hit fashion sector as luxury giant’s sales growth slows

PARIS: LVMH’s shares slumped on Wednesday, to their lowest level since December, knocking other shares in the...

Published 11 Oct, 2023 01:53pm

Life & Style

Chloe names new designer Chemena Kamali

PARIS: French luxury brand Chloe announced Monday it had appointed a new creative director, Chemena Kamali, in the...

Published 10 Oct, 2023 05:41pm

Life & Style

Sean McGirr named as creative director of Alexander McQueen

PARIS: Sean McGirr was named by French luxury goods group Kering as creative director of British label Alexander...

Published 04 Oct, 2023 05:30pm

Life & Style

Five trends from Milan: quiet luxury to everything green

MILAN: Fashion week in Milan wrapped up Monday after showcasing new designers, from Sabato de Sarno at Gucci to...

Published 26 Sep, 2023 04:13pm

Life & Style

Paris Fashion Week promises drama and departures

PARIS: Milan Fashion Week was not even over and the fashionistas were already heading to Paris on Monday for another...

Published 25 Sep, 2023 05:49pm

Life & Style

For Gucci debut, new designer De Sarno showcases minimalist glamour

MILAN: Gucci’s new designer Sabato De Sarno sent out a glamorous, skin-baring lineup of minimalist designs for his...

Published 23 Sep, 2023 01:34pm

Life & Style

Sabato De Sarno to hit Milan catwalk on Friday with high stakes Gucci debut

MILAN/PARIS: Gucci creative director Sabato De Sarno takes to the runway in Milan on Friday, in a high-stakes...

Published 19 Sep, 2023 03:08pm

Life & Style

LVMH, Gucci to expand in India with new outlets in Reliance’s luxury mall

MUMBAI: Gucci, Cartier and Louis Vuitton are among brands to sign leases for stores in Indian tycoon Mukesh Ambani’s...

Published 19 Sep, 2023 02:31pm

Life & Style

Alia Bhatt makes debut as Gucci’s global ambassador in Seoul

Bollywood actor Alia Bhatt made her debut as global ambassador for Gucci, attending their Cruise 2024 show staged in...

Updated 17 May, 2023 05:26pm

Life & Style

Alia Bhatt named as Gucci’s first Indian global ambassador

Bollywood actor set to attend first show with Gucci’s upcoming Cruise 2024 showcase in Seoul

Updated 11 May, 2023 05:12pm

Life & Style

Fewer luxury shoppers but bigger spenders as Chinese return to Europe

SHANGHAI/PARIS: China's five-day Labour Day holiday in early May was once a good excuse for a quick European jaunt -...

Published 05 May, 2023 01:33pm

Life & Style

Analysis: LVMH’s caution points to Americans’ waning lust for luxury

PARIS: Luxury shoppers in the United States are curtailing purchases of high-end fashion and leather goods, LVMH’s...

Published 13 Apr, 2023 04:40pm

Life & Style

Fendi, Alberta Ferretti kick off Milan Fashion Week

MILAN: Milan kicked off its leg of the month-long catwalk calendar on Wednesday, with Italian luxury labels Fendi...

Published 23 Feb, 2023 01:29pm

Life & Style

Gucci’s challenge: reigniting heat while boosting timeless appeal

PARIS: Sabato De Sarno, newly appointed by Kering to reinvigorate its prized Gucci brand, needs to spark heat with a...

Published 31 Jan, 2023 02:38pm

Life & Style

Kering appoints De Sarno as Gucci creative director

PARIS: French luxury giant Kering has appointed Sabato De Sarno, a senior fashion designer at Valentino, as creative...

Published 28 Jan, 2023 05:25pm

Life & Style

Gucci hits runway as fashion world awaits new designer

PARIS/MILAN: Gucci kicked off Milan fashion week on Friday with a lineup of slouchy, androgynous menswear styles,...

Published 14 Jan, 2023 03:58pm

Life & Style

Gucci faces daunting task to replace top designer

PARIS: The abrupt departure fromGucci of Alessandro Michele, the flamboyant designer who was a favourite of Harry...

Published 25 Nov, 2022 04:14pm

Life & Style

Gucci's creative director Michele to step down

PARIS: Gucci creative director Alessandro Michele is leaving Kering's star label after seven years, a source said on...

Published 23 Nov, 2022 06:07pm

Life & Style

Affluent splash out on pricey Birkin bags but clouds loom

PARIS: Brushing off higher prices, affluent spenders are continuing to splash out on luxuries including $10,000...

Updated 21 Oct, 2022 11:46pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)
B.R.R. Guardian / Dec 18 B.R.R. Guardian Limited(BRRG)	21.24 ▲ 1.93 (9.99%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
TPL Insurance / Dec 18 TPL Insurance Limited(TPLI)	10.45 ▼ -1.15 (-9.91%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.20 ▼ -3.15 (-9.74%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	51 ▼ -4.95 (-8.85%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	67.27 ▼ -6.49 (-8.80%)
Chakwal Spinning / Dec 18 Chakwal Spinning Mills Limited(CWSM)	49 ▼ -4.72 (-8.79%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.07
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.78
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.18
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.22
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.15
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.97
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.24
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -1.43
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.08

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