Life & Style » Luxury

Luxury

Luxury automaker reveals new model, Ferrari Amalfi

Set to go on sale next year with an estimated starting price of $275,000

Published 03 Jul, 2025 03:20pm

Luxury

Pre-owned Rolex sales boom amid Trump tariff threat

Subdial observed a 160% bump in April – far above the average 112%

Published 30 May, 2025 03:25pm

Luxury

Cartier owner Richemont beats expectations as jewellery shines

PARIS: Cartier owner Richemont beat expectations on Friday with a 7% rise in quarterly sales as wealthy shoppers...

Published 16 May, 2025 03:10pm

Luxury

Rare blue diamond fetches $21.5mn at auction in Geneva

GENEVA: An exceptionally-rare blue diamond went under the hammer in Geneva late Tuesday, selling for $21.5 million,...

Published 14 May, 2025 05:36pm

Luxury

‘Mediterranean Blue Diamond’ could fetch $20 million at auction

GENEVA: A 10-carat blue diamond which could fetch $20 million when it goes under the hammer later this month was...

Published 09 May, 2025 01:54pm

Luxury

Harrods is latest British retailer to be hit by cyber attack

LONDON: London department store Harrods said on Thursday hackers had attempted to break into its systems, the third...

Published 02 May, 2025 03:15pm

Luxury

Elitist no more, caviar is turning casual

PARIS: When Burger King announced it was selling caviar with nuggets at its French restaurants on April 1, many...

Published 29 Apr, 2025 04:07pm

Luxury

Dior shows fall fashion collection in gardens of ancient Kyoto temple

KYOTO, Japan: Dior creative director Maria Grazia Chiuri showed her fall fashion collection of loose, minimalist...

Published 16 Apr, 2025 02:05pm

Luxury

Prada braves tariff uncertainty to clinch $1.4 billion deal for Versace

MILAN: Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that...

Published 11 Apr, 2025 04:25pm

Luxury

LVMH finds making Louis Vuitton bags messy in Texas

ALVARADO, Texas / PARIS: Six years ago, LVMH’s billionaire CEO Bernard Arnault and President Donald Trump cut the...

Published 10 Apr, 2025 04:53pm

Luxury

Swiss watchmaker Rolex debuts new model for 2025

Land-Dweller was revealed at Watches and Wonders Geneva

Published 02 Apr, 2025 02:46pm

Luxury

India ranks 4th in global billionaire wealth, behind US, China, Japan

India currently has 191 billionaires; Pakistan not mentioned on list

Updated 06 Mar, 2025 11:22pm

Luxury

Louis Vuitton set to launch luxury makeup line

La Beauté Louis Vuitton will debut in the Fall

Published 05 Mar, 2025 03:47pm

Luxury

2024: Pakistanis among top 5 buyers of real estate in Dubai, Indians top list

Property prices are set to rise 5-8% in 2025

Updated 05 Mar, 2025 07:23pm

Luxury

Milan Fashion week opens as luxury sector struggles

MILAN, Italy: Flair and fanfare promise to light up the Milan Fashion Week catwalks starting Tuesday, but upcoming...

Published 25 Feb, 2025 05:26pm

Luxury

Burberry winter collection draws on British country homes, equestrian styles

LONDON: Burberry’s winter 2025 collection, presented on Monday at London’s Tate Britain museum, drew on country...

Published 25 Feb, 2025 02:58pm

Luxury

Dubai International Boat Show 2025 underway as Golden Visa announced for yacht-owners

31st iteration runs from February 19-23

Published 21 Feb, 2025 05:53pm

Luxury

Dubai’s luxury market sets new record for over $10-million home sales

Dubai’s luxury residential market achieved a new record for $10 million-plus home sales, according to recent data...

Published 03 Feb, 2025 05:39pm

Luxury

Saudi Arabia set to launch region’s inaugural five-star luxury train

The train will launch in late 2026 in Riyadh

Updated 03 Feb, 2025 04:57pm

Luxury

Mercedes ‘streamliner’ fetches record 51mn euros at auction

STUTTGART, Germany: A streamlined Mercedes raced by Formula One greats Stirling Moss and Juan Manuel Fangio in 1955...

Published 03 Feb, 2025 01:52pm

Luxury

Mercedes 1955 ‘streamliner’ set to smash F1 record at auction

FELLBACH, Germany: A sleek, long-nosed Mercedes raced by Stirling Moss and five-times Formula One world champion...

Published 29 Jan, 2025 02:17pm

Luxury

LVMH considers widening US footprint as CEO Arnault expresses France fatigue

PARIS: Luxury giant LVMH is “seriously considering” bulking up its production capacities in the United States, CEO...

Published 29 Jan, 2025 02:12pm

Luxury

Wealthy Indians tap into bathroom luxury with $18,500 smart toilets

MUMBAI: In India’s polluted northern city of Kanpur, Rajat Ghai has a penchant for Rado watches and Louis Vuitton...

Updated 22 Jan, 2025 03:14pm

Luxury

$56,000 tuition a year: Dubai to welcome $100mn school campus in August

In another indicator of Dubai’s upward trajectory, one of the world’s largest operators of private schools – GEMS...

Updated 15 Jan, 2025 05:41pm

Luxury

Prada among suitors for Versace, newspaper reports

MILAN: Italy’s Prada is among the potential suitors looking at fashion group Versace which Capri Holdings has put up...

Published 10 Jan, 2025 02:32pm

Luxury

Rolex begins 2025 by raising prices up to 8% on select models

Swiss luxury watchmaker Rolex began the year by raising prices of some of its most popular models after gold values...

Published 02 Jan, 2025 07:23pm

Luxury

Priced at $21,000: the sweet smell of success for niche perfumes

PARIS: They don’t advertise and they are largely unknown to the general public but niche perfumes are able to...

Published 23 Dec, 2024 02:37pm

Luxury

Luxury labels focus on lower-priced goods to appeal to middle-class shoppers

PARIS: Confronting a broad decline in demand for their usual fare, including $3,000-and-up handbags and...

Published 20 Dec, 2024 02:02pm

Currency

As bitcoin soars, luxury brands consider accepting crypto payments

PARIS: Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further...

Updated 18 Dec, 2024 03:26pm

Luxury

Local in focus: 5 bridal designers on our radar

With wedding season underway in full force in Pakistan, event planners, florists, photographers and designers are...

Updated 17 Dec, 2024 06:51pm

Luxury

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

Real Estate

Dubai’s real estate sector is evolving, moving towards ‘branded residences’

Dubai’s recent crown as the ‘global leader in branded residences’ is also accompanied by high occupancy level in...

Published 13 Dec, 2024 06:29am

Arts

The $6.2 mn banana: Sotheby’s auctions controversial artwork

A banana duct-taped to a wall sold to a cryptocurrency entrepreneur

Updated 21 Nov, 2024 03:13pm

Real Estate

Why Dubai’s current real estate boom is here to stay

Knight Frank official says buying patterns point towards genuine end users rather than speculative investors

Updated 20 Nov, 2024 05:34pm

Luxury

Louis Vuitton opens bold pop-up store on NYC’s Fifth Avenue

Five-story location houses a cafe and chocolate shop

Updated 16 Nov, 2024 05:38pm

Luxury

Diamond necklace linked to Marie Antoinette sells for $4.8 million

GENEVA: A diamond-studded necklace thought to be linked to a scandal that hastened the downfall of the doomed 18th...

Published 14 Nov, 2024 02:22pm

Luxury

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

Travel

Dubai real estate developer DAMAC Properties launches luxury airline

DAMAC Air will offer journeys to coveted tropical destinations like Bali, Hawaii, and Maldives

Published 11 Nov, 2024 04:13pm

Luxury

Diamond necklace allegedly linked to Marie Antoinette’s demise up for auction

GENEVA: A diamond-studded necklace thought to be involved in a scandal that led to the eventual downfall of the last...

Published 08 Nov, 2024 02:04pm

Luxury

Dubai Real Estate Sector Strategy 2033 aims for AED 1 trillion market valuation

Dubai Land Department launched the Real Estate Sector Strategy 2033 on Tuesday, targeting doubling the sector’s GDP...

Published 30 Oct, 2024 10:39pm

Luxury

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

Movies & Music

Bollywood actor Sonam Kapoor named new Dior brand ambassador

French luxury brand Christian Dior has named Bollywood actor Sonam Kapoor as Brand Ambassador, it was announced on...

Updated 23 Oct, 2024 04:45pm

Luxury

Luxury brand Chanel to sponsor Oxford and Cambridge Boat Race

LONDON: French luxury brand Chanel will sponsor Britain’s historic Oxford and Cambridge Boat Race next year in the...

Published 22 Oct, 2024 05:41pm

Luxury

Prices from $41,243 to $88,378: Patek Philippe’s first new collection in 25 years

Patek Philippe released a new collection, the Cubitus, announced the luxury Swiss watchmaker earlier, a development...

Published 22 Oct, 2024 05:15pm

Luxury

Global rich are picking Dubai’s luxury real estate over a volatile stock market

City is already considered 'safe haven' for wealthy individuals amid global economic fluctuations and political uncertainties

Published 09 Oct, 2024 08:08pm

Travel

Cipriani demands Venice tackle speeding boats and ‘damaging waves’

ROME: The owner of Harry’s Bar, a Venetian bar and restaurant frequented by Ernest Hemingway, has filed a legal...

Published 02 Oct, 2024 02:27pm

Luxury

Louis Vuitton shows flouncy, layered looks at the Louvre for Paris Fashion Week

PARIS: Louis Vuitton womenswear designer Nicolas Ghesquiere showed a lineup of layered looks with short, flouncy...

Published 02 Oct, 2024 02:16pm

Luxury

Victoria Beckham shows breezy, minimalist dresses at Paris Fashion Week

PARIS: For the spring-summer collection of her namesake label, Victoria Beckham showed a line up of minimalist...

Published 28 Sep, 2024 04:41pm

Arts

Van Gogh painting set to break Asia record in Hong Kong auction

HONG KONG: A Vincent van Gogh painting displaying the artist’s shift from dark realism to vibrant impressionism...

Published 26 Sep, 2024 09:14pm

Luxury

Dior’s arrows and Amazons as Saint Laurent revives its master

PARIS: Dior gave Paris Fashion Week a shot of Olympic adrenaline on Tuesday with a troop of athletic Amazons...

Published 25 Sep, 2024 07:28pm

Luxury

Rolex begins selling used watches, but at a premium

Luxury Swiss watchmaker moves into the 'certified pre-owned' market

Published 24 Sep, 2024 04:22pm

Luxury

Diamond necklace valued at up to $2.8mn heads to auction

LONDON: A rare diamond necklace with possible links to former French queen consort Marie Antoinette is to be...

Published 24 Sep, 2024 03:09pm

Luxury

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

Luxury

China-EU trade spat’s next swipe may hit LVMH

LONDON: Few Western corporate chieftains command as much attention in China as Bernard Arnault. The 75-year-old boss...

Published 23 Sep, 2024 01:56pm

Luxury

Versace’s Milan show aims for ‘optimism and joy’ with colourful prints

MILAN: Presenting a playful and colourful collection of mismatched prints, Italian designer Donatella Versace said...

Published 21 Sep, 2024 07:10pm

Luxury

Harrods’ ex-owner Al Fayed raped, assaulted staff over decades, lawyers say

LONDON: The late Egyptian billionaire Mohamed Al Fayed sexually abused female staff at his London department store...

Published 21 Sep, 2024 07:08pm

Luxury

Wealth migration: Dubai, Abu Dhabi among cities leading way for centi-millionaire growth

The Centi-Millionaire Report 2024 marked Abu Dhabi, Shenzhen, Austin, Taipei for high growth by 2040

Published 21 Sep, 2024 07:31am

Luxury

Harrods apologises for sex abuse allegations against former owner Mohamed Al Fayed

LONDON: High-end London department store Harrods has apologised over allegations its former owner, Egyptian...

Published 20 Sep, 2024 03:19pm

Luxury

World’s 50 best hotels 2024: Asia leads the way in hospitality

Capella Bangkok tops list, Dubai's Atlantis The Royal at 9th place

Published 19 Sep, 2024 06:30pm

Luxury

How migrant workers, including from Pakistan, suffered to craft the ‘Made in Italy’ label

Investigation exposes sweatshop-like conditions at Dior, Giorgio Armani

Updated 18 Sep, 2024 05:09pm

Luxury

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

Luxury

Ralph Lauren takes fashionistas to the Hamptons for spring show

BRIDGEHAMPTON, New York: Veteran designer Ralph Lauren chose the upscale Hamptons seaside resort for his Spring 2025...

Published 07 Sep, 2024 03:52pm

Luxury

Burj Azizi: Dubai set to see ‘world’s second-tallest tower’

Luxury building is slated for completion in 2028

Published 05 Sep, 2024 04:39pm

Luxury

One of the world’s largest diamonds found in Botswana

GABORONE, Botswana: One of the world’s largest diamonds ever unearthed – a rough 2,492-carat stone – has been found...

Published 22 Aug, 2024 05:35pm

Luxury

Mukesh, Isha Ambani strengthen Reliance Retail with INR1bn Kiko Milano acquisition

Mukesh Ambani and Isha Ambani have further strengthened Reliance Retail’s position in the beauty sector with the...

Updated 21 Aug, 2024 07:51pm

Luxury

Crown Prince to build Louvre of Saudi Arabia featuring $450mn Leonardo da Vinci: report

Saudi Arabia is planning to build a version of the Louvre museum in Riyadh, according to a new BBC documentary on...

Published 20 Aug, 2024 06:54pm

Luxury

Dubai leads the way as GCC retail spending set to hit $300bn by 2028

Emirate ranks second to New York City in terms of retail spend per capita

Published 17 Aug, 2024 08:00am

Luxury

Jewels stolen in Germany’s Green Vault heist back on display

DRESDEN, Germany: Nearly five years after millions of euros’ worth of jewellery was stolen in a museum heist in...

Published 15 Aug, 2024 02:31pm

Luxury

Jeweller’s eye-popping watch is love letter to Albania

TIRANA: Albanian jeweller Pirro Ruco laboured day and night for five years to capture the essence of his country in...

Published 08 Aug, 2024 11:26pm

Luxury

LVMH’s Dior lagged on anti-slavery and sustainability certification

PARIS: LVMH’s second-largest fashion brand Dior was until last month behind on disclosures required by UK law about...

Published 06 Aug, 2024 01:50pm

Luxury

Sotheby’s bets on Chinese spending with Hong Kong retail outlet

HONG KONG: Sotheby’s embarks on a new kind of selling in Hong Kong on Saturday, with its first retail outlet,...

Published 26 Jul, 2024 02:38pm

Luxury

Jennifer Lopez wears custom Manish Malhotra for Bridgerton-themed birthday

Indian couturier opened first global flagship in Dubai last year

Updated 25 Jul, 2024 03:44pm

Luxury

LVMH sales miss estimates as Chinese market slows

PARIS: LVMH sales growth slowed in the second quarter as Chinese shoppers reined in spending on high-end fashion at...

Published 24 Jul, 2024 02:49pm

Luxury

Golden rule: Why younger investors are drawn to gold

NEW YORK: What asset class do millennials and Gen Z investors both want to own? Here is an answer you may not have...

Published 19 Jul, 2024 02:09pm

Luxury

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

Luxury

Prices for Rolex, Patek Philippe extend decline, down 23% over 2 years: report

Prices for Rolex, Patek Philippe and Audemars Piguet are down an overall 23% as they slipped on the secondary market...

Published 12 Jul, 2024 05:56pm

Luxury

Lavish Indian wedding for the Ambani family to snarl Mumbai traffic

MUMBAI: When the son of Asia’s richest person Mukesh Ambani gets married in Mumbai this week, traffic in a key part...

Updated 10 Jul, 2024 08:40pm

Middle East

Dubai’s high-end property sales undented by drop in listings, consultancy says

DUBAI: The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the...

Published 08 Jul, 2024 10:09am

Luxury

Michelin Guide reveals 2024 Dubai list

New Michelin-starred restaurants include Row on 45, Orfali Bros, Smoked Room

Published 05 Jul, 2024 04:43pm

Luxury

Experience the Taj lifestyle: living in luxury and comfort

The Sardar Group of Companies has long been an innovator in Pakistan’s luxury real estate market. With the success...

Published 03 Jul, 2024 04:58pm

Luxury

Singapore retains title as the world’s most expensive city for second year in a row

Singapore retained its title as the world’s most expensive city to live extremely well in for the second year in a...

Updated 28 Jun, 2024 06:04pm

Luxury

‘Dubai’s residential property still relatively affordable compared to regional cities’

Global Wealth & Lifestyle Report 2024 says emirate's status as robust and stable economic hub make it attractive place of residence

Updated 28 Jun, 2024 05:48pm

Luxury

Handbags and ball gowns: Princess Diana finery goes under the hammer

BEVERLY HILLS, United States: The biggest auction of Diana memorabilia since the late British princess sold dozens...

Published 26 Jun, 2024 11:22pm

Luxury

Chanel shows at Paris Opera as it seeks new designer

PARIS: Chanel held its haute couture show on Tuesday just three weeks after the very abrupt departure of creative...

Published 26 Jun, 2024 05:20pm

Luxury

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

Movies & Music

Vogue World brings together fashion and sport in Paris

PARIS: Paris played host Sunday to an ultra-glitzy collision between fashion and sport as Vogue put on its latest...

Published 24 Jun, 2024 01:53pm

Luxury

Bugatti’s speedy hybrid has $4mn-plus price tag

PARIS: Supercar maker Bugatti on Thursday showed off its first hybrid car with a top speed of about 445 kilometres...

Updated 21 Jun, 2024 03:47pm

Luxury

UAE to stay magnet for global millionaires third year in a row

The United Arab Emirates (UAE) is poised to stay as the world’s leading wealth magnet for the third year running,...

Published 20 Jun, 2024 08:12pm

Luxury

Ferrari’s first electric car to cost over $500,000

MILAN: Ferrari’s first electric car will cost at least 500,000 euros ($535,000), a source familiar with the matter...

Published 20 Jun, 2024 01:57pm

Luxury

Pharrell Williams kicks off Paris Fashion Week with Louis Vuitton show at UNESCO

PARIS: Louis Vuitton men’s creative director Pharrell Williams took to an outdoor, turf-lined runway at UNESCO...

Published 19 Jun, 2024 01:38pm

Luxury

Supercar Blondie: a Dubai Lamborghini has broken the world record for most expensive online car sale

A 2015 Lamborghini Veneno Roadster has apparently set the record for the most expensive online car sold online,...

Published 14 Jun, 2024 05:10pm

Luxury

Ambani bride-to-be Radhika shares details of upcoming wedding events

The wedding will take place in Mumbai in July

Published 14 Jun, 2024 03:45pm

Luxury

US luxury travel agents so far see underwhelming demand for Olympics

NEW YORK: Luxury travel agencies in the United States are so far seeing lackluster demand for the Paris Olympics, as...

Published 13 Jun, 2024 05:09pm

Luxury

G7 to meet in luxury Italian oasis favoured by Madonna

ROME: A luxury southern Italian resort frequented by Madonna and Justin Timberlake will host the G7 leaders this...

Published 11 Jun, 2024 02:41pm

Travel

With thistles and tartan, Dior pays tribute to Scotland in cruise collection

LONDON: French fashion house Christian Dior paid homage to Scotland at a catwalk show in a Perthshire castle, with...

Published 05 Jun, 2024 03:39pm

Luxury

Macau casinos play best hands to win over premium customers

HONG KONG: A change in the type of customers coming to Macau has seen smaller casino operators MGM China and Wynn...

Published 04 Jun, 2024 02:30pm

Luxury

‘Most visited place on earth’: Emaar announces AED1.5bn expansion for Dubai Mall

Dubai Mall – the “most visited place on earth” in 2023 – is set to undergo an AED1.5 billion expansion, which will...

Published 04 Jun, 2024 02:09pm

Luxury

Luxury influencers vanish from Chinese social media in wealth crackdown

SHANGHAI: Chinese social media censors have blocked multiple influencers known for showing off their lavish...

Published 28 May, 2024 04:51pm

Luxury

Gold rush in Dubai continues to attract all nationalities including Pakistanis

As bullion prices hit record highs in recent weeks, retail demand may have dampened, but traders in Dubai are...

Updated 28 May, 2024 11:33am

Luxury

Wedding gift: Nita Ambani presents $80mn Dubai villa to Radhika Merchant

Nita Ambani, wife of Mukesh Ambani, has gifted an $80-million, luxury villa in Dubai to her daughter-in-law to be...

Published 27 May, 2024 07:19pm

Luxury

Cartier reveals Deepika Padukone’s first campaign as global ambassador

French luxury jeweller Cartier revealed its latest high jewellery collection in Vienna on Monday, with its campaign...

Published 27 May, 2024 05:18pm

Arts

Spain’s national art museum to unveil newly verified Caravaggio

MADRID: A painting by Italian master Caravaggio, once mistakenly thought to be by an unknown artist and almost...

Published 27 May, 2024 01:38pm

Travel

Qatar Airways adds world’s first Gulfstream G700 aircraft to fleet

It will begin commercial service in June

Published 24 May, 2024 03:42pm

Luxury

New details emerge for Anant Ambani, Radhika Merchant wedding

Couple will host luxury cruise from Italy to southern France

Published 23 May, 2024 03:57pm

Luxury

Jennifer Lopez spotted in jewelry by Bollywood designer Manish Malhotra

Musician and actor's Netflix movie 'Atlas' premieres on May 24

Published 21 May, 2024 06:47pm

Luxury

Bulgari ambassador Priyanka Chopra debuts 140-carat diamond necklace worth $43mn

Brand launched their latest High Jewelry collection, 'Aeterna' in Rome

Updated 21 May, 2024 10:14pm

Arts

Monet painting fetches $35mn at New York auction

NEW YORK: A Monet sold for nearly $35 million at auction Wednesday evening, Sotheby’s said, marking a solid start to...

Updated 16 May, 2024 04:36pm

Luxury

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

Luxury

Dubai’s real estate MVPs: billionaire Mukesh Ambani leads the way with ‘most valuable’ properties

Asia’s richest man, billionaire Mukesh Ambani topped the list of people who owned the most valuable properties in...

Published 15 May, 2024 05:07pm

Luxury

Shine comes off De Beers as diamonds hit rough

JOHANNESBURG: Mining titan Anglo American announced Tuesday it planned to sell off the world’s long-dominant diamond...

Published 15 May, 2024 04:07pm

Luxury

Yellow diamond brooch resembling Queen Elizabeth’s up for auction

GENEVA: A golden-hued diamond brooch, similar to one worn by the late Queen Elizabeth, is expected to be sold for...

Published 14 May, 2024 01:34pm

Luxury

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

Luxury

Dubai has most millionaires in Middle East, New York tops global list

World’s Wealthiest Cities Report 2024, published by Henley & Partners, also shows Delhi has 30,700 millionaires

Updated 09 May, 2024 04:31pm

Luxury

London’s 200-year-old Garrick Club finally to allow women members

Members include King Charles now, Charles Dickens in past

Published 08 May, 2024 06:19pm

Luxury

London’s gentlemen-only club votes on admitting women

LONDON: One of London’s oldest gentlemen’s clubs on Tuesday votes on whether to start accepting women amid a row...

Published 07 May, 2024 11:23pm

Luxury

Starting at $2.5mn: actor Sylvester Stallone to auction rare Patek Philippe at Sotheby’s

Veteran Hollywood actor Sylvester Stallone is set to auction off 11 watches at Sotheby’s, along with a rare Patek...

Updated 07 May, 2024 04:18pm

Luxury

Italian shoemaker Tod’s to court US lovers of quiet luxury

MILAN: An investment firm backed by LVMH is betting demand from wealthy Americans for quiet luxury will ensure its...

Published 07 May, 2024 02:30pm

Luxury

Wynn Al Marjan releases new details of gaming resort in Ras Al Khaimah

The $3.9-billion resort is set to open in 2027, become MENA's first casino

Updated 06 May, 2024 06:05pm

Luxury

Spain’s fashion and beauty group Puig poised for IPO

MADRID: The iconic Nina Ricci, Paco Rabanne and Jean-Paul Gaultier labels make their market debut Friday as Spanish...

Published 03 May, 2024 11:43pm

Luxury

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

Luxury

World’s tallest residential tower coming to Dubai Marina

Six Senses Residences to be completed by 2028

Published 26 Apr, 2024 10:32pm

Travel

Condé Nast Traveler reveals its Hot List for 2024

The Lana, Dorchester Collection in Dubai and The Guild restaurant were notable openings

Updated 26 Apr, 2024 02:48pm

Luxury

One event of Anant Ambani-Radhika Merchant wedding to take place in London: report

Anant Ambani – son of billionaire Mukesh Ambani – is set to tie the knot with Radhika Merchant, and one event of the...

Published 25 Apr, 2024 03:48pm

Luxury

Klimt’s ‘Portrait of Miss Lieser’ fetches $32mn at auction

VIENNA: Gustav Klimt’s ‘Portrait of Miss Lieser’, a painting of a young woman left unfinished when the Austrian...

Published 25 Apr, 2024 02:33pm

Luxury

Louis Vuitton holds ‘Voyager’ fashion show in Shanghai

SHANGHAI: Louis Vuitton debuted its newly-labelled ‘Voyager’ travelling show in Shanghai on Thursday night, showing...

Published 19 Apr, 2024 01:56pm

Luxury

Vintage Alfa Romeo cars go on sale at auction in France

FONTAINEBLEAU, France: Eight vintage Alfa Romeo cars will go on sale at an auction near Paris on Sunday. The...

Published 18 Apr, 2024 07:47pm

Arts

Michelangelo’s scribble sells for $200,000 at New York auction

NEW YORK: A square scribbled on a yellowed piece of paper by Renaissance genius Michelangelo sold for $201,600 – 33...

Published 18 Apr, 2024 02:48pm

Luxury

Newly-opened Soneva Secret is most expensive resort in Maldives

Rooms begin at $3,200 a night with rates going as high as $11,000

Updated 18 Apr, 2024 03:27pm

Luxury

Bark Air set for launch, will offer $8,000 flights for dogs

Airline catering exclusively to canine comfort set to take-off in May

Published 17 Apr, 2024 04:39pm

Luxury

Swiss watch brands making time for India

GENEVA: Swiss watchmakers are increasingly turning their sights towards India thanks to a new free trade agreement...

Published 16 Apr, 2024 08:47pm

Real Estate

Dubai’s high-end property sales rise on overseas demand

DUBAI: Sales of homes in Dubai worth $10 million or more rose 6% in the first quarter versus last year, an industry...

Published 16 Apr, 2024 12:07pm

Luxury

Rolex’s new offerings for 2024 dominate headlines as Watches and Wonders Geneva concludes

New variations by Swiss luxury watchmaker include diamond-studded Daytona and Deepsea in 18-carat gold

Updated 15 Apr, 2024 02:53pm

Luxury

Italian fashion designer Roberto Cavalli dies aged 83

Italian fashion designer Roberto Cavalli, known for his animal-print designs loved by showbusiness stars, has died...

Published 13 Apr, 2024 02:41pm

Arts

Sotheby’s next hot auction: a Picasso-backed bond

NEW YORK: Francisco Goya’s Saturn devoured his son; Damien Hirst cut a shark into pieces. Financial markets are...

Published 12 Apr, 2024 02:43am

Movies & Music

Isha Ambani sells Los Angeles mansion to Jennifer Lopez and Ben Affleck for $61mn

Indian billionaire Mukesh Ambani’s daughter, Isha Ambani has sold her luxury Los Angeles mansion to musician...

Published 03 Apr, 2024 04:05pm

Movies & Music

Taylor Swift, Christian Louboutin, Magic Johnson newly-minted billionaires: Forbes

Forbes World's Billionaires List 2024 boasts record combined wealth of $14.2 trillion

Published 03 Apr, 2024 03:03pm

Luxury

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

Luxury

Asia gold: unrelenting price rally hammers wedding season demand in India

A sustained record rally in domestic gold prices crippled the typical busy wedding season demand in India, with...

Updated 28 Mar, 2024 06:19pm

Luxury

Louis Vuitton makes custom trunks for Paris Games flames, medals

PARIS: The Olympic and Paralympic flames will each travel in a custom-made Louis Vuitton trunk this summer thanks to...

Published 28 Mar, 2024 01:32pm

Luxury

Karl Lagerfeld’s Paris apartment sold for $10.8mn

PARIS: The futuristic Paris apartment of late fashion designer Karl Lagerfeld sold for 10 million euros ($10.8...

Updated 27 Mar, 2024 10:13pm

Luxury

London’s Mayfair tipped to become ‘world’s most expensive address’

Prices of residences likely to pass current record of £175 million

Published 27 Mar, 2024 04:14pm

Arts

Christie’s to open new Hong Kong HQ, sees growing Asian Gen Z interest

HONG KONG: Auction house Christie’s hopes its new 50,000-sq-ft Asia headquarters that opens in Hong Kong in...

Published 25 Mar, 2024 05:55pm

Luxury

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

Luxury

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

Luxury

Michelin to announce 62 newly starred French restaurants

TOURS, France: The Michelin Guide unveils its annual list of the best French restaurants on Monday, with its boss...

Published 18 Mar, 2024 03:03pm

Luxury

Dubai: Sotheby’s auction of rare cars, watches surpasses $17mn

RM Sotheby’s inaugural auction in Dubai featuring rare cars and watches surpassed $17 million (Dh62 million),...

Published 14 Mar, 2024 07:29pm

Luxury

900 luxury watches ‘go missing’ in Japan

TOKYO: Around 900 luxury watches worth almost $13 million are missing in Japan after a site renting them out folded...

Published 07 Mar, 2024 06:04pm

Arts

Low-end internet auctions upend art market: sector-tracker

PARIS: A boom in internet sales has boosted the lower end of the art market and could ultimately doom showroom...

Published 07 Mar, 2024 01:54pm

Luxury

Dubai Mall becomes ‘most visited place on earth’, set to see another ‘record year’

Sees record 105 million visitors in 2023

Published 05 Mar, 2024 05:37pm

Luxury

Most extravagant wedding ever?: Ambanis draw who’s who at three-day extravaganza

Celebrities and tycoons arrived on charter jets for a three-day-pre-wedding jamboree that began on Friday as Indian...

Updated 05 Mar, 2024 03:51pm

Luxury

Stella McCartney serves ‘gentle reminder’ on fashion’s environmental harm at Paris show

PARIS: Stella McCartney drew her audience to a giant greenhouse in a Paris park for her winter runway presentation,...

Published 05 Mar, 2024 02:11pm

Arts

‘Global cultural hub’: Art Dubai draws to a close

London-based Grosvenor Gallery cites interest in Pakistani art as 'robust'

Updated 04 Mar, 2024 11:15pm

Luxury

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

Luxury

Swiss watchmaker Rolex cements place as number 1 luxury brand, sales top $10bn: report

Analysts at Morgan Stanley say market share 'unprecedented'

Published 29 Feb, 2024 04:30pm

Luxury

Mukesh Ambani, Asia’s richest man, launches lavish pre-wedding party in India

NEW DELHI: India’s richest man has kicked off lavish pre-wedding parties for his son by feeding more than 50,000...

Updated 29 Feb, 2024 04:25pm

Luxury

Saint Laurent reins in volumes with sheer, fitted looks at Paris Fashion Week

PARIS: Saint Laurent designer Anthony Vaccarello trimmed down the label’s silhouettes for winter, tightly wrapping...

Published 28 Feb, 2024 02:38pm

Luxury

Christian Dior postpones much anticipated Hong Kong show

HONG KONG: French fashion label Christian Dior has postponed its planned mega fashion show in Hong Kong due to be...

Published 26 Feb, 2024 05:44pm

Luxury

Prada nods to past, snow at Emporio Armani for Milan Fashion Week

MILAN: Italian luxury label Prada said it looked to the past for its latest womenswear line at Milan Fashion Week on...

Published 23 Feb, 2024 01:50pm

Luxury

Ambani wedding: guests receive wardrobe instructions, chartered flight guidelines

Another Ambani wedding is on the horizon, and this time it is Anant Ambani – the youngest son of Indian billionaire...

Published 22 Feb, 2024 04:18pm

Luxury

Swiss luxury watch exports slow down amidst luxury glut

Buyers of luxury Swiss watches are reining in spending amid economic and geopolitical concerns following a pandemic...

Published 21 Feb, 2024 05:07pm

Luxury

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

Luxury

Burberry presents star-studded moody Autumnal collection

LONDON: Burberry’s creative director, Daniel Lee, on Monday showed his third brief at London Fashion Week, which is...

Published 20 Feb, 2024 01:10pm

Luxury

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

Luxury

London Fashion Week celebrates 40 years despite economic challenges

LONDON: Creators, influencers, buyers and celebrities will gather in London on Friday to celebrate the 40th...

Published 16 Feb, 2024 03:31pm

Luxury

Paris Olympics set for gold medal in luxury promotion

PARIS: From the podium to athletes’ wardrobes, French luxury goods giant LVMH is planning to put high-end Gallic...

Published 13 Feb, 2024 04:55pm

Luxury

Power blooms in Carolina Herrera’s show at New York Fashion Week

NEW YORK: Carolina Herrera aimed to highlight the powerful and resilient side of its clientele at its runway show at...

Published 13 Feb, 2024 04:25pm

Luxury

Dubai over ‘crime-ridden’ London: luxury property developer praises emirate

A luxury London property developer has said Dubai is drawing wealth due to “low crime” and “incredible...

Published 09 Feb, 2024 06:24pm

Luxury

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

Luxury

US Apple fans get hands on $3,500 Vision Pro

SAN FRANCISCO: US Apple stores on Friday will start selling the Vision Pro, the tech giant’s $3,499 headset and its...

Updated 02 Feb, 2024 05:42pm

Luxury

72,500 millionaires: Dubai third-richest city in BRICS

Dubai lives up to reputation as ‘city of gold’, says Henley & Partners report

Published 01 Feb, 2024 06:10pm

Luxury

Dubai property developer partners with Mercedes for $1bn residence tower

Dubai-based luxury developer Binghatti Properties on Wednesday launched a $1-billion new branded residence in the...

Updated 27 Jan, 2024 07:06pm

Arts

Early David Hockney pool painting ‘California’ headed for auction

LONDON: An early work by British artist David Hockney, a painting depicting his well-known pool motif and not seen...

Published 26 Jan, 2024 02:59pm

Luxury

Viktor & Rolf take a snip at Haute Couture with Paris runway collection

PARIS: For their spring summer couture show, Viktor Horsting and Rolf Snoeren, the Dutch design duo behind the label...

Published 25 Jan, 2024 01:10pm

Luxury

Maria Grazia Chiuri showcases moire at Dior’s haute couture runway show

PARIS: Christian Dior designer Maria Grazia Chiuri threw the spotlight on moire fabric at the haute couture label’s...

Published 23 Jan, 2024 02:14pm

Luxury

2023: Pakistanis remain among top 10 buyers of Dubai property, Indians top list

Indians emerged as the top buyers of Dubai real estate in 2023, while Pakistanis were placed seventh and also...

Updated 22 Jan, 2024 08:08pm

Luxury

Dior’s Kim Jones elevates tailoring at Paris Fashion Week

PARIS, Jan 19 (Reuters) - Dior men’s artistic director Kim Jones ratcheted up the elegance for his winter...

Published 20 Jan, 2024 01:22pm

South Asia

Indian devotees splurge on jets, gold idols as controversial Hindu temple opens

AYODHYA: The private jet parking lots at airports near the Indian city of Ayodhya are full and the shops have run...

Published 19 Jan, 2024 03:01pm

Luxury

Top UK Rolex retailer cuts forecast as luxury shopping dips

Watches of Switzerland Group – the top seller of Rolex watches in the UK – cut its sales and growth forecasts,...

Published 18 Jan, 2024 06:37pm

Luxury

Paris gang arrested over Balmain fashion robbery

BOBIGNY, France: Six people have been arrested over the theft of some 50 items from French luxury brand Balmain last...

Published 18 Jan, 2024 01:44pm

Luxury

Louis Vuitton opens Paris Fashion Week with Pharrell Williams’ styles from American West

PARIS: Pharrell Williams kicked off Paris Fashion Week with Louis Vuitton’s spring menswear show on Tuesday night,...

Published 17 Jan, 2024 02:28pm

Luxury

Sale of $25mn-plus homes doubles in Dubai, cements its ‘ultra-luxury’ status

The sale of top-tier luxury homes – $25 million (DHS92 million) and above – doubled to 56 the past year in Dubai,...

Published 16 Jan, 2024 03:25pm

Arts

In the age of AI, Rashid Rana looks to incorporate more tech in art

Eminent artist Rashid Rana is looking forward to the amalgamation of new technologies in his art practice, including...

Published 16 Jan, 2024 09:00am

Luxury

Between the office and nature for Prada’s winter menswear

MILAN: The contrast between office life and the change of scenery provided by nature is the leitmotiv of the new...

Published 15 Jan, 2024 02:56pm

Luxury

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

South Asia

Mercedes lines up new investment and array of cars for India

NEW DELHI: Mercedes Benz will invest $24 million in India this year and launch over a dozen new cars with a focus on...

Published 08 Jan, 2024 04:45pm

Luxury

LVMH roles held by Bernard Arnault’s children

PARIS: LVMH Chairman and CEO Bernard Arnault’s five children have been moving up the ranks of the luxury empire. All...

Updated 06 Jan, 2024 02:59pm

Luxury

Frederic Arnault to lead LVMH Watches in latest family promotion

PARIS: Frederic Arnault, one of LVMH Chairman and CEO Bernard Arnault’s five children and heirs, has been promoted...

Published 06 Jan, 2024 02:11pm

Luxury

All-time record: Dubai Duty Free registers sales of over $2bn in 2023

Top five selling categories for the year were perfumes followed by liquor, gold, cigarettes & tobacco and electronics

Published 05 Jan, 2024 05:53pm

Luxury

Swiss luxury watchmaker Rolex raises prices in the UK, leaves rates in US unchanged

Prices rose by approximately 4% on January 1

Published 04 Jan, 2024 03:27pm

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 23	278.10
USD PKR Interbank Buying / Jul 23	277.90
USD to Japanese Yen / Jul 24	163.83
USD to Swiss Franc / Jul 24	0.82
Pound Sterling to USD / Jul 24	1.33
Euro to USD / Jul 24	1.14
SOFR % / Jul 23	3.59

Stock	Volume
S&P 500 / Jul 23	7,408.30
Nasdaq / Jul 23	25,137.69
FTSE 100 / Jul 23	10,639.17
Dow Jones / Jul 23	51,711.65
Germany DAX 30 / Jul 23	24,763.12
France CAC40 / Jul 23	8,299.09
India Sensex / Jul 24	75,618.86
Tokyo Nikkei / Jul 24	64,568.75
Hang Seng / Jul 24	24,866.39

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 23	18,680
Gold 10 Grams PKR / Jul 23	370,401
Petrol/Litre / Jul 24	331.52
Crude Oil USD/Barrel / Jul 24	91.69
Gold Spot USD/Ounce / Jul 24	4,027.02
Diesel/Litre / Jul 24	378.66
Cotton US¢/pound / Jul 24	81.26

Gainers
Losers
Leaders

Stock	Price
Asia Ins. / Jul 24 Asia Insurance Company Limited(ASIC)	54.95 ▲ 5 (10.01%)
Olympia Mills / Jul 24 Olympia Mills Limited(OML)	173.26 ▲ 15.75 (10%)
Fateh Sports / Jul 24 Fateh Sports Wear Limited(FSWL)	172.68 ▲ 15.7 (10%)
UDL International / Jul 24 UDL International Limited(UDLI)	21.65 ▲ 1.86 (9.4%)
Karam Ceramics / Jul 24 Karam Ceramics Limited(KCL)	153 ▲ 11.63 (8.23%)
Sally Textile / Jul 24 Sally Textile Mills Limited(SLYT)	18.90 ▲ 1.16 (6.54%)
Diamond Ind. / Jul 24 Diamond Industries Limited(DIIL)	64.50 ▲ 3.75 (6.17%)
Reliance Weaving / Jul 24 Reliance Weaving Mills Limited(REWM)	175.99 ▲ 9.41 (5.65%)
Dadex Eternit / Jul 24 Dadex Eternit Limited(DADX)	93.98 ▲ 4.96 (5.57%)
Waves Home Appliances / Jul 24 Waves Home Appliances Limited(WAVESAPP)	8.69 ▲ 0.45 (5.46%)

Stock	Price
Dadabhoy Cement / Jul 24 Dadabhoy Cement Industries Limited(DBCI)	18.34 ▼ -2.04 (-10.01%)
Khairpur Sug. / Jul 24 Khairpur Sugar Mills Limited(KPUS)	1,105.08 ▼ -122.79 (-10%)
Sana Ind / Jul 24 Sana Industries Limited(SNAI)	34.66 ▼ -3.85 (-10%)
Shams Textile / Jul 24 Shams Textile Mills Limited(STML)	53.26 ▼ -5.88 (-9.94%)
Suhail Jute / Jul 24 Suhail Jute Mills Limited(SUHJ)	197.79 ▼ -21.69 (-9.88%)
J.K.Spinning / Jul 24 J.K. Spinning Mills Limited(JKSM)	208.70 ▼ -22.85 (-9.87%)
Elahi Cotton / Jul 24 Elahi Cotton Mills Limited(ELCM)	206 ▼ -21.34 (-9.39%)
Sindh Abadgar / Jul 24 Sindh Abadgar's Sugar Mills Limited(SASML)	353 ▼ -35.91 (-9.23%)
Javedan Corp.(Pref) / Jul 24 Javedan Corp.(Pref)(JVDCPS)	54.54 ▼ -5.46 (-9.1%)
Lotte Chemical / Jul 24 Lotte Chemical Pakistan Limited(LOTCHEM)	26.55 ▼ -2.57 (-8.83%)

Stock	Volume
Cnergyico PK / Jul 24 Cnergyico PK Limited(CNERGY)	24,916,617 ▲ 0.41
Trust Sec.& Brok. / Jul 24 Trust Securities & Brokerage Limited(TSBL)	9,963,139 ▲ 0.05
B.O.Punjab / Jul 24 The Bank of Punjab(BOP)	8,983,030 ▼ -0.7
Pak Refinery / Jul 24 Pakistan Refinery Limited(PRL)	6,327,076 ▲ 0.46
TPL Properties / Jul 24 TPL Properties Limited(TPLP)	6,040,671 ▼ -0.22
Lotte Chemical / Jul 24 Lotte Chemical Pakistan Limited(LOTCHEM)	5,166,406 ▼ -2.57
K-Electric Ltd. / Jul 24 K-Electric Limited(KEL)	4,248,101 ▲ 0.03
Waves Home Appliances / Jul 24 Waves Home Appliances Limited(WAVESAPP)	3,631,152 ▲ 0.45
WorldCall Telecom / Jul 24 Worldcall Telecom Limited(WTL)	3,168,125 ▲ 0
Blue-Ex Ltd / Jul 24 Blue-Ex Limited(BLUEX)	3,052,476 ▲ 0.16