The Hermès Wanderland exhibition is inspired by the art of flânerie - wandering the streets and drinking in the details of everyday life. Courtesy Hermès
The Hermès Wanderland exhibition is inspired by the art of flânerie - wandering the streets and drinking in the details of everyday life. Courtesy Hermès

Exclusive: A chat with the scenographer behind Dubai’s Hermès Wanderland



'Flânerie is the elegant way to lose one's time," says Hubert Le Gall, the scenographer behind Hermès Wanderland, an exhibition being held at The Dubai Fountains until February 7.

Beloved of 19th-century French dandies, flânerie was once deemed an essential part of being a gentleman. With no direct English translation, it is, in essence, the art of the aimless stroll, of being curious yet idle.

The vague but precise nature of this charming concept is reflected in the title of the exhibition, Wanderland. This is not about wondering (as in enquiring) but about wandering (as in moving freely). Coming from Hermès, which is known for its intense attention to detail, this is an important distinction.

Flânerie is a term that might well apply to the man considered as the founding force of modern-day Hermès. Emile-Maurice Hermès was the grandson of the founder, and took over the company with his brother in the early 1900s. After briefly changing the brand's name to Hermès Frères, he soon went it alone, restoring the original name. A traveller, entrepreneur and innovator, Emile-Maurice was regarded as a creative eccentric, known for his curious mind and love of collecting. Fascinated with trinkets, new ideas and other cultures, he avidly acquired pieces from around the world, storing them away and later distilling them into inspiration for his company.

Possessed by an insatiable curiosity, it was Emile-Maurice who acquired the French patent for the zip, introducing it to France, where for many years it was known as the Hermès fastening. He was the first in France to use the zip on clothing, when he created a golf jacket for the Prince of Wales, which, incidentally, was the first-ever item of Hermès clothing.

Emile-Maurice was also behind the Hermès scarf, launching a worldwide fascination with the printed silk squares that endures to this day, with an Hermès scarf now reportedly sold every 20 seconds.

"Emile Hermès was, for me, the incarnation of the flâneur," says Le Gall.

Shunning the word "luxury" in favour of the word "refinement", Hermès has guarded this legacy. The company stands by the claim that, to this day, every Hermès item is handmade by a single artisan. It has totally shunned mass-production techniques. Although time-consuming and costly, many of its processes have hardly changed through the ages.

Such is the quality of the company's pieces that it hardly seems surprising that a recent report in The Guardian listed the iconic Hermès Birkin bag as a better investment than gold, with an average yearly return of 14.2 per cent, according to Baghunter.com.

It is this heritage and unwavering commitment to quality that is being highlighted in Wanderland. Curated by Bruno Gaduichon of La Piscine-Musée d'Art et d'Industrie in Roubaix, who collaborated with the artist Le Gall, the unique touring exhibition was first shown in London at the Saatchi Gallery, before moving to Paris, where it was housed on the banks of the Seine. In a major coup, Dubai has become its third stop, and next on the list is Seoul in South Korea. The next destination after that is a closely guarded secret, but is rumoured to be Shanghai.

Described as an "immersive exhibition", Wanderland, which is free to enter, offers a rare opportunity to get up close and personal with the pathologically discreet French fashion giant. As curator, Gaduichon was granted full access to the private museum of Emile-Maurice Hermès, situated above the brand's flagship store at 24 Rue du Faubourg Saint-Honoré, to gather some of the 30,000 objects on display.

Eight artists were brought on board to help realise the vision of Gaduichon and Le Gall, including the digital artist Nicolas Tourte. There are local elements to each show, too. In Paris, the graffiti artist Sept created a piece, while in Dubai, local graffiti artist Khalid Mezaina was tasked with creating a live artwork for the opening.

“My inspiration was a surrealistic vision of Paris, which enabled me to play and make distortions with space and time,” Le Gall explains. “The architecture of Paris is full of history, but Paris is also changing every day, and my idea was to mix the past, and the current and present creativity that transforms the town and makes it keep its eternal identity.”

Ranging from pieces first collected by Emile-Maurice to vintage Hermès creations, the real surprise is perhaps not in the items on show, but the way in which they are displayed. There are no stuffy cabinets filled with endless labelled objects; the visitor is instead taken on a slightly surreal journey through 11 rooms.

Invited to stroll at leisure – to become a flâneur – you are taken on an extraordinary trip that passes from a room decorated entirely in canes (yet another famous Hermès item), and whose only exit is via a wardrobe (bringing back childlike memories for anyone who read The Lion, The Witch and the Wardrobe), through to a cafe, complete with a street scene, chairs and tables, called simply The Café of Forgotten Objects.

A 19th-century Parisian street, with a tiled floor and covered roof, is flanked by inviting shopfronts. But the windows aren’t brimming with things for sale; they consist instead of eccentric scenes. A giant elephant sculpture lies squashed into the window of one shop, surrounded by upturned chinaware, while in another, gleaming leather saddles rest quietly on floor lamps. Elsewhere, a glitter ball is the only illumination in a room where a looping film of a dancer twirling vintage canes sweeps across the walls. And a horse’s head sits mounted on a wall, its Pegasus wings decorated with flippers, tennis rackets and golf clubs.

Why? Why not, seems to be the only answer.

smaisey@thenational.ae

If you go

The flights

Etihad flies direct from Abu Dhabi to San Francisco from Dh5,760 return including taxes. 

The car

Etihad Guest members get a 10 per cent worldwide discount when booking with Hertz, as well as earning miles on their rentals. A week's car hire costs from Dh1,500 including taxes.

The hotels

Along the route, Motel 6 (www.motel6.com) offers good value and comfort, with rooms from $55 (Dh202) per night including taxes. In Portland, the Jupiter Hotel (https://jupiterhotel.com/) has rooms from $165 (Dh606) per night including taxes. The Society Hotel https://thesocietyhotel.com/ has rooms from $130 (Dh478) per night including taxes. 

More info

To keep up with constant developments in Portland, visit www.travelportland.com. Good guidebooks include the Lonely Planet guides to Northern California and Washington, Oregon & the Pacific Northwest. 

 

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COMPANY%20PROFILE
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UAE currency: the story behind the money in your pockets
Company%20profile
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Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

AIDA%20RETURNS
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The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

MATCH INFO

Uefa Nations League

League A, Group 4
Spain v England, 10.45pm (UAE)

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Company Fact Box

Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

UAE currency: the story behind the money in your pockets
The specs

Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now

The years Ramadan fell in May

1987

1954

1921

1888

The specs: 2018 GMC Terrain

Price, base / as tested: Dh94,600 / Dh159,700

Engine: 2.0-litre turbocharged four-cylinder

Power: 252hp @ 5,500rpm

Torque: 353Nm @ 2,500rpm

Transmission: Nine-speed automatic

Fuel consumption, combined: 7.4L  / 100km

Company%20profile
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The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

The Bio

Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”

Holiday destination: “I like Paris very much, it’s a city very close to my heart.”

Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”

Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”

The%20specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3EDual%20permanently%20excited%20synchronous%20motors%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E516hp%20or%20400Kw%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E858Nm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle%20speed%20auto%3Cbr%3E%3Cstrong%3ERange%3A%20%3C%2Fstrong%3E485km%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh699%2C000%3C%2Fp%3E%0A
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

Company%20profile
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UAE%20SQUAD
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AUSTRALIA SQUAD

Aaron Finch, Matt Renshaw, Brendan Doggett, Michael Neser, Usman Khawaja, Shaun Marsh, Mitchell Marsh, Tim Paine (captain), Travis Head, Marnus Labuschagne, Nathan Lyon, Jon Holland, Ashton Agar, Mitchell Starc, Peter Siddle

How to play the stock market recovery in 2021?

If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.

Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.

Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.

Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).

Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal. 

Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.

By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.

As demand for energy fell, the oil and gas industry had a tough year, too.

Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.

He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.” 

This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”

Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.