Having worked with Chloé, John Galliano and Roberto Cavalli, Shourouk Rhaiem established her eponymous company in 2008, and has a following that includes the likes of Anna Dello Russo, Lady Gaga, Sarah Jessica Parker and Michelle Obama. She tells us more about herself and her inspirations.
If you could wake up anywhere in the world tomorrow, where would you be?
Il Pellicano, Italy. After the pressure and stress of a hectic fashion week, I need some relaxation with a Mediterranean touch.
You're sitting down to the perfect meal. Where are you, whom are you with, and what are you eating?
I am in Tunisia, on the front porch of my house, under our jasmine tree. I’m eating fish couscous, with the whole family shouting at each other because the table isn’t set properly – that is a typically oriental way of life.
What is your favourite beauty product?
My Tom Ford Flame lipstick – the bright, medium-dark, orange-red lip colour is my signature.
What are your top three travel essentials?
My traditional embroidered Turkish socks that I wear on the plane (it’s always so cold), or my last collection prototypes that I wear avant-première, even before I’ve decided to produce them. I also carry my perfume, Grand Bal by Dior, and a pair of Miu Miu heels, even if I am trekking in Machu Picchu. Every girl needs her Miu Miu while travelling. OK, that was four, I know.
Which is your favourite city in the world?
Mumbai. It’s one of my main inspirations: the colours, the culture and the people are all pretty amazing.
You're about to start your next design project. What materials are on your table?
First of all, I would need my fabulous girls with me – each brings her own special touch that I love. Then we yell and we argue. Afterwards, we sit down with our inspirational pictures or mood boards, the Swarovski stones, the natural pearls, and the new (confidential) materials.
What inspired your latest collection, Dating with Pharaohs?
I wanted to take everybody on a flamboyant Cairo holiday with a contemporary Cleopatra. The collection was inspired by Egyptian Golden Age melodrama, mixed with the paradox of Middle East and revival art deco figures. The result is a dramatic combination of micro-mosaic Bastet chokers, beaded anacondas rolling up the neck and explosions of gilded necklaces, which are a tribute to the iconic belly dancer Tahia Carioca.
If you could choose anyone in the world to collaborate with, who would it be?
Youssef Nabil. I loved his exhibition I Saved My Belly Dancer. The way he recreates Egyptian movies in art takes me back to when I used to watch those movies as a child and it inspires me – you can recognise some belly-dancer-inspired jewellery in my new autumn/winter collection.
From cereal boxes to banana peels, your Instagram profile shows some seriously blinged-out pieces. What's an item that you've always dreamed of embellishing?
I would love to crystallise the Mona Lisa. Sorry, Leonardo, but, if they allowed me, I don't think I could resist. It would also be amazing to add some sparkle to The Birth Of Venus by Sandro Botticelli.
Who are your go-to designers?
I would have to say Zayan [Ghandour], from Zayan the Label. We share the same vision of the modern woman, and we both love to mix and create. I love to wear her pieces and mix them with some vintage and Prada shoes – the combination is just gorgeous. She plays with transparencies, colours and prints and creates new and beautiful dress shapes.
What is your favourite item in your wardrobe right now?
My lamé-pleated silver skirt, combined with my Cleopatra and David Bowie T-shirts. I can’t stop wearing them.
What was your first-ever luxury purchase?
A pair of Prada heels. I still have them, but I can’t bring myself to wear them; they are very precious to me.
What is the one piece of jewellery that you most treasure?
My great-grandmother’s Bvlgari snake bracelet. It has been in my family for generations, and I guard it with my life
Shourouk's latest collection is available at S*uce stores in the UAE.
Read this and related stories in Luxury magazine's Watches & Jewellery issue, out with The National on Thursday, April 14.
hlodi@thenational.ae
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Four reasons global stock markets are falling right now
There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:
1. Rising US interest rates
The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.
Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”
At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.
2. Stronger dollar
High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.”
3. Global trade war
Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”
4. Eurozone uncertainty
Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.
Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”
The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”
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Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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Details
Through Her Lens: The stories behind the photography of Eva Sereny
Forewords by Jacqueline Bisset and Charlotte Rampling, ACC Art Books
Profile Periscope Media
Founder: Smeetha Ghosh, one co-founder (anonymous)
Launch year: 2020
Employees: four – plans to add another 10 by July 2021
Financing stage: $250,000 bootstrap funding, approaching VC firms this year
Investors: Co-founders
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
Joker: Folie a Deux
Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson
Director: Todd Phillips
Rating: 2/5
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Habib El Qalb
Assi Al Hallani
(Rotana)