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LVMH

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

Paris Fashion Week highlights: Rosalia, women designers, stark contrasts

PARIS: One of the buzziest menswear weeks in recent memory wrapped in Paris on Sunday. Here are some of the...

Published 23 Jan, 2023 12:47pm

Life & Style

Dior Homme gives new life to age-old classics at Paris Fashion Week

PARIS: Dior Homme took to the runway with a polished lineup of reworked classics on Friday, kicking Paris Fashion...

Published 21 Jan, 2023 01:07pm

Life & Style

Rosalia performs in Louis Vuitton catwalk show at Paris Fashion Week

PARIS: Louis Vuitton switched up the traditional fashion runway format with a performance from Spanish singer ...

Published 20 Jan, 2023 03:14pm

Life & Style

Givenchy doubles down on suits and hoodies at Paris Fashion Week

PARIS: Givenchy creative director Matthew M. Williams hit the runway Wednesday with a collection of layered looks ...

Published 19 Jan, 2023 12:47pm

Business & Finance

LVMH shakes up leadership at Louis Vuitton, Dior

PARIS: French luxury group LVMH announced a leadership shuffle on Wednesday, naming a new CEO at flagship brand ...

Published 16 Jan, 2023 06:18am

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

LVMH shakes up leadership at Dior, Louis Vuitton

PARIS: French luxury group LVMH announced a leadership shuffle on Wednesday, naming new chief executives at major...

Published 11 Jan, 2023 02:10pm

Markets

European shares fall, record worst year since 2018

PARIS: European shares slipped in the last trading day of a rough year marked by geopolitical tensions and fears of ...

Published 02 Jan, 2023 05:54am

Business & Finance

LVMH chairman’s son Antoine Arnault to head family holding Christian Dior

PARIS: Antoine Arnault, the eldest son of LVMH chairman and chief executive officer Bernard Arnault, has been named...

Published 12 Dec, 2022 06:07am

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

Energy-saving in fashion, Valentino turns off lights early

MILAN: Italian brand Valentino has decided to switch off the lights in its shops earlier at night to save energy and...

Published 07 Oct, 2022 01:46pm

Life & Style

Dior takes baroque-theme to catwalk for Paris Fashion Week

PARIS: Dior designer Maria Grazia Chiuri looked to the reign of Catherine de Medici and seized on the era’s hoop...

Published 28 Sep, 2022 04:18pm

Life & Style

LVMH to turn off lights earlier at night in French stores

PARIS: LVMH plans to turn off the lights at its stores earlier at night, starting in France in October, with plans ...

Published 16 Sep, 2022 03:07pm

Business & Finance

Swiss watchmakers remain upbeat ahead of Geneva gathering

ZURICH: Swiss watchmakers are not seeing signs so far that geopolitical tensions and recession fears are hitting...

Published 29 Aug, 2022 07:59pm

Life & Style

Gen Z poses a problem for the luxury industry

SHANGHAI/PARIS: From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting...

Published 19 Aug, 2022 04:21pm

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

Markets

STOXX 600 ends earnings-heavy day

LONDON: Europe’s STOXX 600 index closed near a seven-week high on Thursday, boosted by a slew of upbeat earnings...

Published 29 Jul, 2022 06:14am

Life & Style

American tourists splurge in Paris boutiques as euro slides

PARIS: American tourist Shawna Wilson says she has splashed out on four dresses at the high-end LVMH-owned ...

Published 16 Jul, 2022 03:59pm

Life & Style

Dior withdraws Valentino compensation demand over glitzy Rome show, source says

PARIS: LVMH-owned Dior has withdrawn a request for 100,000 euros in compensation from rival fashion label Valentino...

Published 13 Jul, 2022 02:33pm

Markets

European shares rise on aero, luxury stocks boost

LONDON: European shares rose on Tuesday led by beaten-down aerospace, luxury and travel stocks, although worries...

Published 13 Jul, 2022 05:48am

Markets

European shares rise

LONDON: European shares touched their highest level in almost a month on Monday, with optimism buoyed by China’s...

Published 31 May, 2022 05:11am

Markets

Retailers lift European stocks but growth worries persist

BENGALURU: European markets rose on Thursday with the retail sector leading the charge as Britain revealed new...

Published 27 May, 2022 05:50am

Life & Style

Kim Kardashian West collaborates with luxury label Fendi

Kim Kardashian West's shapewear brand, Skims, is collaborating with Fendi on a new clothing collection, the ...

Updated 26 Oct, 2021 11:10am

Markets

Europe ends flat

LONDON: European stocks ended flat on Tuesday, with miners, banks and luxury stocks leading declines as optimism ...

Published 15 Sep, 2021 04:19am

Markets

Luxury stocks, UK grocers lift European shares

LONDON: European stocks rose on Monday after a bruising sell-off last week on global growth worries, with a rebound...

Published 24 Aug, 2021 05:02am

Business & Finance

Luxury looks homeward as Covid curtails travel

Hermes's sales in the US jumped by a quarter from their pre-pandemic level

Published 01 Aug, 2021 11:02am

World

Luxury groups want to let consumers use blockchain to verify goods

PARIS: Luxury groups LVMH and Prada along with Cartier announced Tuesday they are joining forces on a blockchain ...

Updated 26 Apr, 2021 10:15am

Markets

European stocks up

AMSTERDAM/LONDON: European stocks inched up on Wednesday, as upbeat earnings from German software firm SAP and ...

Published 15 Apr, 2021 03:22am

Gainers
Losers
Leaders

Stock	Price
Data Textile / Feb 1 Data Textiles Limited(DATM)	7.08 ▲ 1.00 (16.45%)
Sec. Inv. Bank / Feb 1 Security Investment Bank Limited(SIBL)	4.85 ▲ 0.55 (12.79%)
Shaheen Ins. / Feb 1 Shaheen Insurance Company Limited(SHNI)	3.30 ▲ 0.30 (10.00%)
Gammon Pak / Feb 1 Gammon Pakistan Limited(GAMON)	6 ▲ 0.54 (9.89%)
Ashfaq Textile / Feb 1 Ashfaq Textile Mills Limited(ASHT)	10.39 ▲ 0.89 (9.37%)
Leather Up Ltd. / Feb 1 Leather Up Limited(LEUL)	11.72 ▲ 1.00 (9.33%)
Saif Textile / Feb 1 Saif Textile Mills Limited(SAIF)	11.99 ▲ 0.98 (8.90%)
Sindh Modaraba / Feb 1 Sindh Modaraba(SINDM)	7.60 ▲ 0.60 (8.57%)
Next Capital / Feb 1 Next Capital Limited(NEXT)	5.15 ▲ 0.39 (8.19%)
OLP Modaraba / Feb 1 OLP Modaraba Limited(OLPM)	13.50 ▲ 0.98 (7.83%)

Stock	Price
Pak Gulf Leasing / Feb 1 Pak-Gulf Leasing Company Limited(PGLC)	5.55 ▲ -0.90 (-13.95%)
First Pak Mod. / Feb 1 First Pak Modaraba(PAKMI)	1.33 ▲ -0.17 (-11.33%)
Jubilee Spinning / Feb 1 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.60 ▲ -0.30 (-10.34%)
Sakrand Sugar / Feb 1 Sakrand Sugar Mills Limited(SKRS)	9.74 ▲ -0.84 (-7.94%)
Ist.Capital Sec / Feb 1 First Capital Securities Corporation(FCSC)	1.20 ▲ -0.10 (-7.69%)
Dawood Lawrencepur / Feb 1 Dawood Lawrencepur Limited(DLL)	207.76 ▲ -16.84 (-7.50%)
JDW Sugar / Feb 1 JDW Sugar Mills Limited(JDWS)	350.59 ▲ -28.41 (-7.50%)
Pakistan Services / Feb 1 Pakistan Services Limited(PSEL)	2095.13 ▲ -169.87 (-7.50%)
Shahtaj Sugar / Feb 1 Shahtaj Sugar Mills Limited(SHJS)	45.79 ▲ -3.71 (-7.49%)
EFG Hermes Pak / Feb 1 EFG Hermes Pakistan Limited(EFGH)	12.49 ▲ -1.01 (-7.48%)

Stock	Volume
WorldCall Telecom / Feb 1 Worldcall Telecom Limited(WTL)	13,426,966 ▼ 0.00
Pak Petroleum / Feb 1 Pakistan Petroleum Limited(PPL)	10,194,870 ▲ -0.75
Gul Ahmed / Feb 1 Gul Ahmed Textile Mills Limited(GATM)	8,350,767 ▼ 0.57
P.I.A.C.(A) / Feb 1 Pakistan International Airlines Corp(PIAA)	8,280,000 ▼ 0.28
Pak Refinery / Feb 1 Pakistan Refinery Limited(PRL)	7,748,506 ▼ 0.08
Maple Leaf Cement / Feb 1 Maple Leaf Cement Factory Limited(MLCF)	6,561,607 ▼ 0.49
Habib Bank / Feb 1 Habib Bank Limited(HBL)	6,169,723 ▼ 0.57
Oil & Gas Dev. / Feb 1 Oil & Gas Development Company Limited(OGDC)	5,214,064 ▲ -0.69
K-Electric Ltd. / Feb 1 K-Electric Limited(KEL)	4,941,333 ▼ 0.02
Fauji Cement / Feb 1 Fauji Cement Company Limited(FCCL)	4,779,500 ▼ 0.01

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 1	270.85
USD PKR Interbank Buying / Feb 1	268.85
USD to Japanese Yen / Feb 1	130.23
USD to Swiss Franc / Feb 1	0.92
Pound Sterling to USD / Feb 1	1.23
Euro to USD / Feb 1	1.09
UK LIBOR % / Jan 31	4.31

Stock	Volume
S&P 500 / Jan 31	4076.60
Nasdaq / Jan 31	11584.55
Dow Jones / Jan 31	34086.04
India Sensex / Feb 1	59708.08
Tokyo Nikkei / Feb 1	27345.74
Hang Seng / Feb 1	22072.18
FTSE 100 / Feb 1	7780.98
Germany DAX 30 / Feb 1	15120.54
France CAC40 / Feb 1	7085.19

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 31	20735
Gold 10 Grams PKR / Jan 31	172754
Crude Oil USD/Barrel / Feb 1	79.25
Gold Spot USD/Ounce / Feb 1	1925.87
Cotton US¢/pound / Feb 1	86.58

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