Models walk the runway during a fashion show put on by Indian fashion designer Manish Malhotra at the Address Dubai Marina. Sarah Dea / The National
Models walk the runway during a fashion show put on by Indian fashion designer Manish Malhotra at the Address Dubai Marina. Sarah Dea / The National

One on one with Manish Malhotra in Dubai



Indian fashion designer Manish Malhotra showed some of his newest creations at The Address Dubai Marina hotel, during a glittering event on Thursday that was packed with local celebrities.

Bollywood actor Arjun Kapoor – who the designer “has known since he was 5 years old” – flew in from Mumbai to walk the ramp.

Malhotra, 49, who this year celebrates 25 years in the industry – and the 10th anniversary of his label – showed pieces from The Empress Story and The Gentlemen’s Club collections, which were revealed at recent fashion weeks in India. The Dubai show, by Jaipur Gems and Studio 8, featured a mix of pastel-­coloured bridal wear as well as evening gowns and shalwar kameezes in rich, earthy hues, some of them incorporating a distinctly western influence.

We sat down with Malhotra, who talked about the importance of staying relevant, working with Bollywood celebrities and his plans to open a boutique in Dubai.

Tell us about your early years in Bollywood as a costume designer. Most people didn’t even know what costume designing was, so how did you know you wanted to do it?

I loved watching Hindi films growing up and I was good with art and painting. When the time came for college, I started modelling and working in sales in a boutique, where I practised my sketching and worked on the clothes. Many designers had just launched their new collections and I knew I didn’t have the means to study abroad, so I thought I would be noticed if I worked in movies. I met a photographer who took me to [actress] Sridevi and we did a photo shoot with her. Soon after, I styled a song in the movie Swarg [1990], with [actress] Juhi Chawla. I was diligent about styling a cohesive look for all my work, and I started meeting a lot of directors. Everything took off from there.

How has Bollywood fashion evolved?

Bollywood clothes and make-up used to be styled differently. I implemented a rule where, if the film is being shot abroad, the clothes must come from that place. How can the actress look different from the world her character is from? So the term “styling” is what I really introduced to Bollywood. I was the first costume designer to join mainstream fashion and I think when you’re the first person to have that vision or take that chance, you always enjoy the perks the longest.

Who inspired you and helped you reach the position you are in today?

Lots of people. All the actresses I’ve ever worked with, from Sridevi to Kajol, Urmila Matondkar to Karisma Kapoor. Also the filmmakers and clients who always believed in me.

Your fashion shows are a unique experience, where you introduced the concept of showstoppers. How did you come about this idea and who is your favourite showstopper so far?

At my first fashion show I wanted Urmila Matondkar to walk – on emotional grounds. We had worked together on the film Rangeela and that was the first time they had given an award to a costume designer. So I didn't really think about it – I just really wanted her to be part of the show – and that's how I introduced the term showstopper to Indian fashion. Urmila holds a special place since she was my first showstopper, but I deeply appreciate everyone who has taken time out to come and walk for me.

Who are your muses?

So many of the actresses I work with are my muses. So are the beautiful brides that wear my clothes on the most special day of their lives. To think I am a part of those special days makes me feel great. I’ve been working with some people for almost 25 years.

What do you think sets you apart from other designers?

The fact that after all these years I’m still relevant. I work with young actors of today, such as Alia Bhatt and Arjun Kapoor. Staying relevant is the true test of any profession. Ups and downs are there in any profession, but the fact that my work stands the tides of time, to me, is an achievement bigger than anything else – beyond money, beyond awards. I also think my professionalism sets me apart. My focus is not on backstage drama or politics, but solely my work.

Tell us about the Empress collection and the Gentlemen's Club.

The success of my label made me think it would be fun and interesting to do some gowns with more western influences. It’s the first time we’ve done gowns like that and it has received a phenomenal response, because I think youngsters are looking for more versatile outfits, with variations.

Where do you think the Indian fashion industry is headed?

I think it’s got a great new feel. There are a lot of new stylists and designers and a lot of interesting work. I think that the ones doing bespoke, edgy stuff will eventually have their own brands and appeal to people worldwide.

Who are some of your favourite designers?

Tom Ford, Marc Jacobs, Armani, I like what Christopher Bailey has done with Burberry. I also like Kenzo.

What advice do you have for designers trying to break into the industry?

They need to stay focused. The power of sustainability will be the true measure of success.

Which movies are you working on?

Dilwale for Kajol, Fitoor for Tabu, Ki and Ka for Kareena Kapoor and Arjun Kapoor, and Karan Johar's new films with Aishwarya Rai Bachchan.

What’s next for Manish Malhotra?

I am looking to open a flagship store in both Dubai and London next year. I’m looking towards a more international line in the London store, with western influences. Dubai is one of my favourite cities, I can’t wait to open my store here.

artslife@thenational.ae

Armies of Sand

By Kenneth Pollack (Oxford University Press)
 

ROUTE TO TITLE

Round 1: Beat Leolia Jeanjean 6-1, 6-2
Round 2: Beat Naomi Osaka 7-6, 1-6, 7-5
Round 3: Beat Marie Bouzkova 6-4, 6-2
Round 4: Beat Anastasia Potapova 6-0, 6-0
Quarter-final: Beat Marketa Vondrousova 6-0, 6-2
Semi-final: Beat Coco Gauff 6-2, 6-4
Final: Beat Jasmine Paolini 6-2, 6-2

WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

COMPANY PROFILE

Company name: Klipit

Started: 2022

Founders: Venkat Reddy, Mohammed Al Bulooki, Bilal Merchant, Asif Ahmed, Ovais Merchant

Based: Dubai, UAE

Industry: Digital receipts, finance, blockchain

Funding: $4 million

Investors: Privately/self-funded

UAE athletes heading to Paris 2024

Equestrian

Abdullah Humaid Al Muhairi, Abdullah Al Marri, Omar Al Marzooqi, Salem Al Suwaidi, and Ali Al Karbi (four to be selected).

Judo
Men: Narmandakh Bayanmunkh (66kg), Nugzari Tatalashvili (81kg), Aram Grigorian (90kg), Dzhafar Kostoev (100kg), Magomedomar Magomedomarov (+100kg); women's Khorloodoi Bishrelt (52kg).

Cycling
Safia Al Sayegh (women's road race).

Swimming

Men: Yousef Rashid Al Matroushi (100m freestyle); women: Maha Abdullah Al Shehi (200m freestyle).

Athletics

Maryam Mohammed Al Farsi (women's 100 metres).

MATCH INFO

Red Star Belgrade v Tottenham Hotspur, midnight (Thursday), UAE

Company Profile

Company name: Namara
Started: June 2022
Founder: Mohammed Alnamara
Based: Dubai
Sector: Microfinance
Current number of staff: 16
Investment stage: Series A
Investors: Family offices

CONFIRMED LINE-UP

Elena Rybakina (Kazakhstan)
Ons Jabeur (Tunisia)
Maria Sakkari (Greece)
Barbora Krejčíková (Czech Republic)
Beatriz Haddad Maia (Brazil)
Jeļena Ostapenko (Latvia)
Liudmila Samsonova
Daria Kasatkina 
Veronika Kudermetova 
Caroline Garcia (France) 
Magda Linette (Poland) 
Sorana Cîrstea (Romania) 
Anastasia Potapova 
Anhelina Kalinina (Ukraine)  
Jasmine Paolini (Italy) 
Emma Navarro (USA) 
Lesia Tsurenko (Ukraine)
Naomi Osaka (Japan) - wildcard
Emma Raducanu (Great Britain) - wildcard

HOW TO ACTIVATE THE GEMINI SHORTCUT ON CHROME CANARY

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2. Find and enable Expansion pack for the Site Search starter pack

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2020 Oscars winners: in numbers
  • Parasite – 4
  • 1917– 3
  • Ford v Ferrari – 2
  • Joker – 2
  • Once Upon a Time ... in Hollywood – 2
  • American Factory – 1
  • Bombshell – 1
  • Hair Love – 1
  • Jojo Rabbit – 1
  • Judy – 1
  • Little Women – 1
  • Learning to Skateboard in a Warzone (If You're a Girl) – 1
  • Marriage Story – 1
  • Rocketman – 1
  • The Neighbors' Window – 1
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Company profile

Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends

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.”