Parents and their children are becoming more brand aware as the market grows and designer houses push the trend for kids' fashion. Above, youngsters model clothing by Gap Kids. Randi Sokoloff / The National
Parents and their children are becoming more brand aware as the market grows and designer houses push the trend for kids' fashion. Above, youngsters model clothing by Gap Kids. Randi Sokoloff / The National
Parents and their children are becoming more brand aware as the market grows and designer houses push the trend for kids' fashion. Above, youngsters model clothing by Gap Kids. Randi Sokoloff / The National
Parents and their children are becoming more brand aware as the market grows and designer houses push the trend for kids' fashion. Above, youngsters model clothing by Gap Kids. Randi Sokoloff / The Na

Childrens' brands the height of UAE fashion


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Bubbles & Giggles, Pitter Patter and Gingersnaps are just a few of the creatively named children's fashion stores in Dubai Mall.

Overlooking the aquarium on the second floor, shoals of pram-pushing mothers nip in and out of brightly coloured stores that make up a corridor of children's fashion.

Lesser-known brands such as Petit Bateau, Petits Petons and Little Castle ply their trade next to world-famous designer names such as Ralph Lauren and Armani Kids.

This busy corridor of more than 20 children's shops is growing, with Lovely Lace Baby, Dior Kids and Gucci Kids all soon to open glamorous stores for equally glamorous mothers and their fashion-conscious offspring.

"Parents want to see their children dressed well, and even the children are becoming very brand-conscious," says Manmeet Padam, the brand manager for Angels, a home-grown designer children's store run by the Rivoli Group. "It's a big market for the fashion houses."

Angels, which has nine stores in the UAE, is a multi-branded retailer, selling French, Italian and American products, including Baby Dior, Burberry, Kenzo Kids, Ferrari and Hugo Boss.

Clothing prices in the store start at Dh250 (US$68) and go up to Dh2,500.

"There's an increase in activity in the market. It's only going to get bigger and better," says Ms Padam.

But the market is already huge. Parents spent an estimated $1 billion on children's designer clothing and footwear last year in the Emirates, according to the research company Euromonitor.

Moreover, the total spent on children's fashion, not just designer clothing, is estimated to run into billions as the big operators, such as BabyShop and Mothercare, dominate the mass market.

"Buying children's designer clothing is most common within the local community and the Arab expatriates who are happy to splash out on their children when they can afford it," says Sana Toukan, an analyst at Euromonitor. "Children's designer outerwear in the UAE saw a healthy 16 per cent growth in 2010 on the previous year as the economy recovered, leaving people with more disposable income to spend on their children."

Ms Toukan has not yet firmed up her figures for last year, but stores such as Angels have reported sales growth of more than 30 per cent for last year compared with 2010.

Retailers have quickly recognised what the spending trend can mean for their bottom lines, opening stores not just in Dubai Mall, but also in shopping centres in Abu Dhabi, Qatar and Saudi Arabia.

The Chalhoub Group, one of the biggest luxury players in the Middle East, is rolling out its home-grown children's concept called Katakeet, Arabic for "chicks".

In the mass-market segment, Liwa Trading Enterprises, an Abu Dhabi retailer, plans to open 50 to 60 children's stores in the GCC in the next few years, having signed franchise agreements with the Spanish retailers Gocco and Charanga.

"Every international brand wants to move here," says Aniss Baobaid, the general manager of Liwa Trading. "They are basically creating the same fashionability of the adult clothing, but for kids."

As the market grows and fashion houses push the trend, children are also becoming more brand-aware.

On a catwalk in Dubai Mall last Wednesday evening, the latest cocktail dresses, tuxedos and dinner jackets - all for children - were on display. Arranged by Majestic Kids, a store owned by International Business Group Majestic, the event had five different themes: chic afternoon couples; beachwear; glitter and jeans; fresh and snobbish; and evening occasions.

It seems children also need wardrobes fit for any occasion.

As she rushes around Ralph Lauren Kids in Dubai Mall, Katja Kern, a housewife from Germany who lives in Dubai, explains that her two girls, who are 3 and 5, are aware of what is fashionable and what is destined for the charity shop.

"My girls are very conscious of what they like," she says, just after explaining to the shop assistant that her daughters will not like the colours suggested for polo shirts. "They have colours and princess ideas in mind, which they learn in school and not at home. I do not make them aware of brands. I'm very price-conscious and buy a lot in sales."

Saleh Suhail, an Emirati from Abu Dhabi, is also wandering around the children's corridor, pushing his 2-month-old baby boy in a pram.

He is acutely aware that his son will quickly outgrow his clothes.

"I have bought a lot from BabyShop. I cannot buy all my clothes from [designer] brands," Mr Suhail says. "They grow up so fast and their size is always changing."

Despite parents' value-conscious approach to shopping for their children, retailers say the market for newborn to 4 years old is one of the most lucrative, because, as Mr Suhail says, young children grow quickly.

"The main business is from zero months to 12 years old, and we can say that 50 per cent of the business is generated from sales for 0 months to 4 years, and in this case the parents are the decision-makers," says Rania Masri, the operations manager at the Chalhoub Group retail division.

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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.”

Nepotism is the name of the game

Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad. 

PROVISIONAL FIXTURE LIST

Premier League

Wednesday, June 17 (Kick-offs uae times) Aston Villa v Sheffield United 9pm; Manchester City v Arsenal 11pm 

Friday, June 19 Norwich v Southampton 9pm; Tottenham v Manchester United 11pm  

Saturday, June 20 Watford v Leicester 3.30pm; Brighton v Arsenal 6pm; West Ham v Wolves 8.30pm; Bournemouth v Crystal Palace 10.45pm 

Sunday, June 21 Newcastle v Sheffield United 2pm; Aston Villa v Chelsea 7.30pm; Everton v Liverpool 10pm 

Monday, June 22 Manchester City v Burnley 11pm (Sky)

Tuesday, June 23 Southampton v Arsenal 9pm; Tottenham v West Ham 11.15pm 

Wednesday, June 24 Manchester United v Sheffield United 9pm; Newcastle v Aston Villa 9pm; Norwich v Everton 9pm; Liverpool v Crystal Palace 11.15pm

Thursday, June 25 Burnley v Watford 9pm; Leicester v Brighton 9pm; Chelsea v Manchester City 11.15pm; Wolves v Bournemouth 11.15pm

Sunday June 28 Aston Villa vs Wolves 3pm; Watford vs Southampton 7.30pm 

Monday June 29 Crystal Palace vs Burnley 11pm

Tuesday June 30 Brighton vs Manchester United 9pm; Sheffield United vs Tottenham 11.15pm 

Wednesday July 1 Bournemouth vs Newcastle 9pm; Everton vs Leicester 9pm; West Ham vs Chelsea 11.15pm

Thursday July 2 Arsenal vs Norwich 9pm; Manchester City vs Liverpool 11.15pm

 

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

UAE currency: the story behind the money in your pockets
yallacompare profile

Date of launch: 2014

Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer

Based: Media City, Dubai 

Sector: Financial services

Size: 120 employees

Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)

SPEC%20SHEET%3A%20APPLE%20IPHONE%2014
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Squads

India: Kohli (c), Rahul, Shaw, Agarwal, Pujara, Rahane, Vihari, Pant (wk), Ashwin, Jadeja, Kuldeep, Shami, Umesh, Siraj, Thakur

West Indies: Holder (c), Ambris, Bishoo, Brathwaite, Chase, Dowrich (wk), Gabriel, Hamilton, Hetmyer, Hope, Lewis, Paul, Powell, Roach, Warrican, Joseph

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
Match info

Uefa Champions League Group B

Barcelona v Tottenham Hotspur, midnight

Museum of the Future in numbers
  •  78 metres is the height of the museum
  •  30,000 square metres is its total area
  •  17,000 square metres is the length of the stainless steel facade
  •  14 kilometres is the length of LED lights used on the facade
  •  1,024 individual pieces make up the exterior 
  •  7 floors in all, with one for administrative offices
  •  2,400 diagonally intersecting steel members frame the torus shape
  •  100 species of trees and plants dot the gardens
  •  Dh145 is the price of a ticket

Various Artists 
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
​​​​​​​

Company%20profile
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Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Results:

6.30pm: Handicap (Turf) | US$175,000 2,410m | Winner: Bin Battuta, Christophe Soumillon (jockey), Saeed bin Suroor (trainer)

7.05pm: UAE 1000 Guineas Trial Conditions (Dirt) | $100,000 1,400m | Winner: Al Hayette, Fabrice Veron, Ismail Mohammed

7.40pm: Handicap (T) $145,000 1,000m | Winner: Faatinah, Jim Crowley, David Hayes

8.15pm: Dubawi Stakes Group 3 (D) $200,000 1,200m | Winner: Raven’s Corner, Richard Mullen, Satish Seemar

8.50pm: Singspiel Stakes Group 3 (T) $200,000 1,800m | Winner: Dream Castle, Christophe Soumillon, Saeed bin Suroor

9.25pm: Handicap (T) $175,000 1,400m​​​ | Winner: Another Batt, Connor Beasley, George Scott

Gulf Men's League final

Dubai Hurricanes 24-12 Abu Dhabi Harlequins

Famous left-handers

- Marie Curie

- Jimi Hendrix

- Leonardo Di Vinci

- David Bowie

- Paul McCartney

- Albert Einstein

- Jack the Ripper

- Barack Obama

- Helen Keller

- Joan of Arc

Company%20profile
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The biog

Favourite film: Motorcycle Dairies, Monsieur Hulot’s Holiday, Kagemusha

Favourite book: One Hundred Years of Solitude

Holiday destination: Sri Lanka

First car: VW Golf

Proudest achievement: Building Robotics Labs at Khalifa University and King’s College London, Daughters

Driverless cars or drones: Driverless Cars