Luks Kadife Velvets

Lüks Kadife Ticaret ve Sanayii A.S. is a velvet fabric producer manufacturing in the Kayseri Organized Industrial Zone. Its shares trade on Borsa Istanbul under the ticker LUKSK.

The company manufactures plain and jacquard velvet fabrics. By end use, its products fall into three groups: apparel, upholstery and curtain fabrics; denim qualities produced with a velvet texture also feature in apparel collections. The company exports its products to many countries and presents its new collections at international home textile fairs such as Heimtextil in Frankfurt. It has announced that its weaving looms were renewed as part of modernization investments. The scope of activity in its articles of association is establishing and operating production facilities for textile products, primarily velvet.

For velvet and home textile producers, yarn and dye costs, demand in the furniture and decoration sectors, export markets and currency movements are the key factors. For LUKSK, the Lzzo.com page includes the latest price, daily statistics, an interactive chart and a technical indicator summary; comparison with other stocks in the same sector is also possible.