Trends - Hermes - Business Recorder

Hermes

Walmart to Gulf Royals: world’s richest add $2trn to their wealth in 2024

The owners of US retail chain Walmart – The Walton family – topped Bloomberg’s annual ranking of the world’s...

Published 16 Dec, 2024 04:58pm

Life & Style

Hermes defies luxury slowdown, reports strong sales

PARIS: French luxury group Hermes posted Thursday a jump in third quarter sales, bucking the overall gloom in the...

Published 24 Oct, 2024 04:41pm

Life & Style

Hermes sued in antitrust class action over Birkin bag sales

French luxury house Hermes, has been sued in California over claims it unlawfully allows only customers with...

Published 21 Mar, 2024 12:21am

Life & Style

Paris Fashion Week highlights: teddies, kids and a phone ban

Paris Fashion Week, which runs until Tuesday, has seen no shortage of eye-catching moments this week. Here are a few...

Published 04 Mar, 2024 02:48pm

Life & Style

Hermes’ shares reach record high as booming sales outpace rivals

PARIS: Hermes’, opens new tab shares rose to a record high on Friday after the Birkin bag maker again outpaced its...

Published 09 Feb, 2024 02:39pm

Life & Style

‘Sports tourism, train travel’: Conde Nast Traveler identifies biggest travel trends for 2024

Scoping planes, trains and automobiles, elite travel journal Conde Nast Traveler has marked a series of new...

Updated 18 Dec, 2023 05:30pm

Life & Style

Hermès to Gulf royals: world’s richest add $1.5trn to their wealth in 2023

Al Nahyans, the rulers of Abu Dhabi, lead the way followed by the Walton family

Updated 09 Dec, 2023 08:18pm

Life & Style

Hermes sales beat expectations as US, Europe shoppers splurge on Birkin bags

PARIS: Sales at Hermes rose briskly in the third quarter, beating expectations and outshining rivals as economic...

Published 25 Oct, 2023 01:51pm

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

Hermes defies luxury slowdown with strong sales

PARIS: Sales at Birkin bag maker Hermes accelerated in the second quarter, showing the resilience of global demand...

Published 28 Jul, 2023 03:40pm

Life & Style

Why China could become the luxury industry’s next sore spot

SHANGHAI/PARIS: The luxury goods industry has relied heavily on China and North America for growth in recent years,...

Published 19 Jul, 2023 01:04pm

Life & Style

Actress and singer Jane Birkin dies, France loses an ‘icon’

PARIS: British-born actress and singer Jane Birkin, a 1960s wildchild who became a beloved figure in France, has...

Published 17 Jul, 2023 12:46pm

Life & Style

Richemont sales boosted by China bounceback, shares hit record

Luxury goods group Richemont beat expectations on Friday after high demand from Chinese consumers for jewellery and...

Published 12 May, 2023 02:41pm

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

Perspectives

Luxury buying continues unabated: will the trend continue?

A plummeting rupee, record-high inflation, and a tight leash on imports – all brought on by depleting foreign...

Updated 31 Mar, 2023 09:12pm

Life & Style

Hermes beats forecasts on robust growth in China, U.S.

PARIS: Birkin bagmaker Hermes said that wealthy Chinese clients snapped up its products in the fourth quarter even...

Published 17 Feb, 2023 06:00pm

Technology

Hermes, NFT creator spar over ‘MetaBirkins’ in trademark trial

NEW YORK: Hermes International SCA urged a U.S. jury on Monday to find that a creator of non-fungible tokens...

Published 07 Feb, 2023 04:21pm

Life & Style

Formal shoes making comeback after years of sneaker dominance

PARIS: Once the preserve of nerds and stuffy young conservatives, loafers, moccasins and other formal shoes are...

Published 18 Jan, 2023 05:24pm

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

Life & Style

Under a cloud of belt-tightening, Paris Fashion Week struts on

PARIS: Celebrities and international crowds have descended on the French capital, marking the fashion industry's...

Updated 01 Oct, 2022 03:31pm

Business & Finance

Chinese snap up used Rolexes, Birkins to satisfy luxury cravings amid slowdown

SHANGHAI: China's coronavirus-driven economic slowdown is proving to be a boon for Zhu Tainiqi, the Shanghai-based...

Published 28 Sep, 2022 01:39pm

Business & Finance

Sell few, make more: luxury companies' strategy paying off amid economic downturn

Wealthier consumers' savings are still being eroded by inflation, but they currently seem focused on enjoying the freedoms that have returned with the easing of COVID-19 restrictions

Published 30 Jul, 2022 04:52pm

Business & Finance

Hermes says profits up in first half

PARIS: Hermes, the French maker of luxury fashionwear, said Friday that profits rose sharply in the first six ...

Published 29 Jul, 2022 05:52pm

Business & Finance

Luxury watchmakers face soaring demand, but there isn't enough time

Production capacity, delay in release of new collections coming under discussion

Published 06 Apr, 2022 06:18pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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