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Kering

Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says

MILAN: Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with...

Published 13 Nov, 2024 07:17pm

Life & Style

Musical chairs at top as Paris Fashion Week starts

PARIS: Paris Fashion Week starts Monday in a swirl of rumours of musical chairs at some of the sector’s most fabled...

Published 23 Sep, 2024 04:58pm

Life & Style

LVMH names UK designer Sarah Burton Givenchy creative director

PARIS: French luxury goods company LVMH named on Monday Sarah Burton, the longtime-Alexander McQueen designer behind...

Published 09 Sep, 2024 02:17pm

Life & Style

Richemont: luxury group in sights of LVMH’S Arnault?

ZURICH: The Swiss luxury group Richemont, which owns Cartier and other jewellery brands, is regularly the subject of...

Published 18 Jul, 2024 06:05pm

Life & Style

Dior nods to sports with jersey fabrics in Paris haute couture show

PARIS: Christian Dior designer Maria Grazia Chiuri nodded to sports with an haute couture runway show in Paris on...

Published 25 Jun, 2024 02:05pm

Life & Style

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

World

Israeli military says it killed 90 ‘gunmen’ at Gaza’s Al Shifa hospital

OCCUPIED JERUSALEM: Israel’s military said on Wednesday it had killed around 90 “gunmen” and arrested 160 in a raid...

Published 20 Mar, 2024 03:25pm

Life & Style

Spring festival spending on China’s duty-free island hits record

SHANGHAI: Shoppers visiting China’s island province of Hainan spent a record 2.49 billion yuan ($346.2 million) on...

Published 19 Feb, 2024 05:01pm

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

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

Britain’s Burberry hit by slowdown in luxury spending

LONDON: Britain’s Burberry said it was being hit by a global slowdown in luxury spending and it would struggle to...

Published 16 Nov, 2023 01:01pm

Life & Style

Focus: Giorgio Armani fashions his own legacy with succession plan

MILAN: Giorgio Armani has always kept a tight grip on the firm he founded, and the Italian fashion king’s attention...

Published 15 Nov, 2023 02:47pm

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

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

Dior and Saint Laurent bring contrasting feminisms to Paris

PARIS: Christian Dior mocked sexist stereotypes while Saint Laurent was inspired by female pioneers at their Paris...

Published 27 Sep, 2023 05:25pm

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

The ‘tyranny of thinness’ still dominates fashion

PARIS: Despite claims that the fashion industry is embracing curvier bodies, the data suggests it could be guilty of...

Published 25 Sep, 2023 01:32pm

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

Malala joins Oprah Winfrey, Salma Hayek, at Kering dinner

second annual Caring for Women Gala held in New York City

Published 14 Sep, 2023 05:16pm

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

Kering Foundation to hold 2nd annual ‘Caring for Women’ dinner in New York

Event will be co-chaired by activist Malala Yousafzai among others
Beneficiaries of proceeds from the event to include Malala Fund

Published 18 Jul, 2023 06:53pm

Life & Style

Italy’s luxury groups set aside rivalries to keep it local

MILAN: Italy’s luxury fashion groups, which for decades jealously guarded their independence, have started teaming...

Published 14 Jul, 2023 02:30pm

Life & Style

Valentino takes modern haute couture lineup to Chateau de Chantilly

PARIS: Italian fashion house Valentino took to the Chateau de Chantilly, north of Paris, for its fall haute couture...

Published 06 Jul, 2023 02:30pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
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%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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