Sophie Toh wears her Philip Lim dress when she is pitching for a new account.
Sophie Toh wears her Philip Lim dress when she is pitching for a new account.

It's the way you dress that says success



Helena Frith Powell speaks to four women who have found that when it comes to climbing the career ladder, the right outfit can make a world of difference. "Clothes make the man," Mark Twain once said. "Naked people have little or no influence in society." The saying goes double for women, who are finding what they wear is increasingly important if they want to get ahead in business. Katherine Garrett-Cox, the chief executive and executive director of Alliance Trust plc, one of Britain's leading investment companies, and nicknamed Katherine the Great by the British financial press, says, "The way you dress signals that you mean business and that you take pride in your appearance."

On a beach in Dubai at the end of a two-day World Economic Forum meeting, Garrett-Cox, in a bikini and wrap, would be unrecognisable to her colleagues who are used to seeing her in a pin-striped tailored suit. Does she think that women consciously dress for success? "I think that women, and I include myself in that, do dress for success, absolutely," she says. "And the clothes I wear are extremely important to my frame of mind."

Garret-Cox's favourite outfit is usually a tailored suit from the high-end British fashion chain, LK Bennett. Sophie Toh, who is the founder of Toh Public Relations and based in Dubai and London, says she has a "pitch dress" that she wears whenever she is negotiating for a new account. "I wear my navy Philip Lim wool dress," she says. "It walks the perfect line between corporate and fashion and I have yet to feel inappropriate in it. My husband bought it on impulse for me on our honeymoon and it still makes me smile when I put it on. I love the high-waisted belt which makes me sit up straight in meetings. I also love the way the pleated skirt moves as I walk and the fact that it's above the knee, but not too short.

"I consider myself quite shy and this outfit really helps give me confidence when I walk into a room of strangers armed with only my ideas. When paired with my Marc Jacob heels and Prada bag, it's the fashion equivalent of caffeine. It has yet to let me down." Toh feels that dressing for success is as much about mentally preparing what you are about to do as what you wear. "In the workplace, clothes are your armour and can help project an image even if you're not feeling it. If you have an important day ahead, selecting the outfit can also be a form of mental preparation, a sort of fashion visualisation exercise."

Uzma Sarfraz-Khan, the managing partner and group editor of Who's Who International Magazine, relies on either "my Chanels" or the outfit described above when it comes to important business meetings. "They are über-conservative and very mature. My fashion-conscious friends hate it when I wear them. They tell me I can wear them when I'm a granny. But when I need extra confidence - for example if I'm about to ask someone for a lot of money - they give me the right feeling. I feel empowered when I wear them."

The outfits women choose have a lot to do with their mood. Amanda Banham, the PR director for Viola Communications in Abu Dhabi, says that when she puts on a certain pair of 10cm high heels she feels she can "achieve anything, I can conquer the world". "For important meetings I wear a pin-striped trouser suit from Long Tall Sally, so the legs are long enough for me, a black vest top from Massimo Dutti, black high-heeled boots and a Gucci bag. If I feel smart and am wearing something I think suits me, I feel strong and confident."

And clothes do more than just make you feel good in the workplace. Many believe that they are essential to your career progress. "If you're middle management and you want to be senior management, dress the part," says Uzma Sarfraz-Khan, who is originally from Pakistan but grew up in the US. "I worked out early on that this was the way forward and chucked out all my college clothes by my second year at work. In my first job I was a journalist and I saw that there was a real difference between what we wore and management wore. I thought 'OK, this has got to change' and threw out all my tracksuit bottoms." Now she sticks to high-end designer pieces only - Choé, Hermès, Donna Karan.

Sophie Toh agrees. "I think that if you're serious about your career, the urge to dress the part will come naturally. Working in PR has ingrained a sense of immaculate presentation into me. "I've worked with some fantastically well-groomed women and I've picked up some tricks from them. In my first work appraisal at the age of 22, I was told by my Parisian boss that I wore too much pink and that the luxury industry was clearly unfathomable to me. "I was mortified and vowed never to let my choice of dress stand in the way of my career. From that day on, I've embraced the black dress and the white shirt and feel uncomfortable out of heels. If I ever do really well, my reward will be a Hermès Birkin bag."

Accessorise well; appropriate but not flashy. Wear memorable shoes - Katherine Garret-Cox Don't let your clothes take centre stage. They should complement your character and personality, not take it over - Amanda Banham Plan ahead. It has taken me years to work this out. Think about the image you want to project and organise your outfit the day before - Uzma Sarfraz-Khan Be yourself. Don't be overly swayed by the fashion of the moment. Fashion rarely looks good in the boardroom - Sophie Toh

Pay attention to personal grooming at work. Facial and body hair are out. Blonde or otherwise, get rid of it. Also, men notice nails - Uzma Sarfraz-Khan

Dress appropriately for your job and the people you interact with. You need to be aware of the local culture, no matter where you live. Don't wear skin-tight clothes, miniskirts or low-cut tops to work in the UAE - or anywhere else for that matter - Amanda Banham Anything that makes you look skinny and feel confident is the way to go - Uzma Sarfraz-Khan

COMPANY PROFILE

Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

SCHEDULE

Saturday, April 20: 11am to 7pm - Abu Dhabi World Jiu-Jitsu Festival and Para jiu-jitsu.

Sunday, April 21: 11am to 6pm - Abu Dhabi World Youth (female) Jiu-Jitsu Championship.

Monday, April 22: 11am to 6pm - Abu Dhabi World Youth (male) Jiu-Jitsu Championship.

Tuesday, April 23: 11am-6pm Abu Dhabi World Masters Jiu-Jitsu Championship.

Wednesday, April 24: 11am-6pm Abu Dhabi World Professional Jiu-Jitsu Championship.

Thursday, April 25: 11am-5pm Abu Dhabi World Professional Jiu-Jitsu Championship.

Friday, April 26: 3pm to 6pm Finals of the Abu Dhabi World Professional Jiu-Jitsu Championship.

Saturday, April 27: 4pm and 8pm awards ceremony.

Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

TWISTERS

Director: Lee Isaac Chung

Starring: Glenn Powell, Daisy Edgar-Jones, Anthony Ramos

Rating: 2.5/5

The specs

Engine: 2.3-litre 4cyl turbo
Power: 299hp at 5,500rpm
Torque: 420Nm at 2,750rpm
Transmission: 10-speed auto
Fuel consumption: 12.4L/100km
On sale: Now
Price: From Dh157,395 (XLS); Dh199,395 (Limited)

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.”

Herc's Adventures

Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5