Trends - Kering - Business Recorder

Kering

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

Life & Style

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 14	284.77
USD PKR Interbank Buying / Jul 14	284.52
USD to Japanese Yen / Jul 14	147.66
USD to Swiss Franc / Jul 14	0.80
Pound Sterling to USD / Jul 14	1.34
Euro to USD / Jul 14	1.17
UK LIBOR % / Jul 14	4.96

Stock	Volume
S&P 500 / Jul 14	6,268.56
India Sensex / Jul 14	82,253.46
Tokyo Nikkei / Jul 14	39,502.44
Nasdaq / Jul 14	20,640.33
Hang Seng / Jul 14	24,238.51
FTSE 100 / Jul 14	8,998.06
Dow Jones / Jul 14	44,459.65
Germany DAX 30 / Jul 14	24,160.64
France CAC40 / Jul 14	7,808.17

Item	Value
Crude Oil USD/Barrel / Jul 14	66.60
Karachi Cotton PKR/37.32 KG / Jul 14	16,585
Gold 10 Grams PKR / Jul 14	308,384
Gold Spot USD/Ounce / Jul 14	3,357.40
Cotton US¢/pound / Jul 14	67.96
Petrol/Litre / Jul 15	266.79
Diesel/Litre / Jul 15	272.98

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Jul 15 PICIC Insurance Limited(PIL)	5.41 ▲ 1 (22.68%)
Trust Mod. / Jul 15 Trust Modaraba(TRSM)	7.72 ▲ 1 (14.88%)
Cres.Star Ins. / Jul 15 Crescent Star Insurance Limited(CSIL)	4.83 ▲ 0.49 (11.29%)
Media Times Ltd / Jul 15 Media Times Limited(MDTL)	3.13 ▲ 0.3 (10.6%)
Safe Mix Con.Lt / Jul 15 Safe Mix Concrete Limited(SMCPL)	24.48 ▲ 2.23 (10.02%)
DH Partners / Jul 15 DH Partners Limited(DHPL)	43.31 ▲ 3.94 (10.01%)
Ask.Gen.Insur. / Jul 15 Askari General Insurance Company Limited(AGIC)	47.47 ▲ 4.32 (10.01%)
EMCO Industries / Jul 15 Emco Industries Limited(EMCO)	49.12 ▲ 4.47 (10.01%)
Nets Internat.Comm. / Jul 15 Nets International Communication Limited(GEMNETS)	37.68 ▲ 3.43 (10.01%)
Cyan Limited / Jul 15 Cyan Limited(CYAN)	39.60 ▲ 3.6 (10%)

Stock	Price
Karam Ceramics / Jul 15 Karam Ceramics Limited(KCL)	193 ▼ -19.23 (-9.06%)
First Imrooz Mod. / Jul 15 First Imrooz Modaraba(FIMM)	182.25 ▼ -17.41 (-8.72%)
Suhail Jute / Jul 15 Suhail Jute Mills Limited(SUHJ)	118.99 ▼ -10.94 (-8.42%)
National Silk / Jul 15 The National Silk & Rayon Mills Limited(NSRM)	141.55 ▼ -11.76 (-7.67%)
Quetta Textile / Jul 15 Quetta Textile Mills Limited(QUET)	14.82 ▼ -1.19 (-7.43%)
Stylers International / Jul 15 Stylers International Limited(STYLERS)	43 ▼ -3.42 (-7.37%)
Sanghar Sugar / Jul 15 Sanghar Sugar Mills Limited(SANSM)	47.11 ▼ -3.74 (-7.35%)
Ali Asghar / Jul 15 Ali Asghar Textile Mills Limited(AATM)	83 ▼ -6.5 (-7.26%)
AN Textile Mills / Jul 15 AN Textile Mills Limited(ANTM)	24 ▼ -1.8 (-6.98%)
Fazal Cloth / Jul 15 Fazal Cloth Mills Limited(FZCM)	395.99 ▼ -29.65 (-6.97%)

Stock	Volume
Trust Mod. / Jul 15 Trust Modaraba(TRSM)	44,527,600 ▲ 1
K-Electric Ltd. / Jul 15 K-Electric Limited(KEL)	39,076,325 ▲ 0.11
B.O.Punjab / Jul 15 The Bank of Punjab(BOP)	23,680,752 ▲ 0.14
Cres.Star Ins. / Jul 15 Crescent Star Insurance Limited(CSIL)	19,629,380 ▲ 0.49
Siddiqsons Tin / Jul 15 Siddiqsons Tin Plate Limited(STPL)	14,116,956 ▼ -0.08
WorldCall Telecom / Jul 15 Worldcall Telecom Limited(WTL)	12,431,752 ▲ 0.01
Ist.Capital Sec / Jul 15 First Capital Securities Corporation(FCSC)	11,641,984 ▲ 0.2
Kohinoor Spining / Jul 15 Kohinoor Spinning Mills Limited(KOSM)	8,704,164 ▲ 0.03
Askari Bank / Jul 15 Askari Bank Limited(AKBL)	8,345,476 ▲ 0.84
Javedan Corp. / Jul 15 Javedan Corporation Limited(JVDC)	7,430,006 ▲ 6.41

Markets →

Kering

Most Popular