Men are liking the cut of their cloth almost everywhere



Growth in menswear is not just confined to Asia.

The Middle East and African apparel market was the second fastest growing region globally in 2012, following Latin America, and menswear is an important staple of that growth.

Both mass market and luxury fashion brands alike are considering the region as an important source of growth, in the next few years, according to Euromonitor International.

In the Middle East, ongoing population growth coupled with a strong economic framework is expected to boost menswear sales. The region’s importance as a travel destination and shopping paradise also helps to attract multinational brands into the market.

Luxury apparel in particular has benefited from the strong increase in tourist arrivals from emerging markets such as Russia and China. For example, the number of Chinese tourists has more than doubled since 2009, reaching more than 300,000 in 2012.

Like Hong Kong, Abu Dhabi and Dubai remain of strategic importance for international brands looking to make their mark globally.

Ermenegildo Zegna, the Italian label that celebrated its 100th anniversary in 2010, has continued to open stores throughout the region, two in Abu Dhabi since 2012, even as it has looked to new emerging markets. There are now 543 Zegna stores in more than 100 countries in the world and group revenues reached €1.2 billion (Dh5.95bn) last year.

Zegna opened its first African store – in Lagos, Nigeria – last year and the company is considering opening outlets in Angola and Mozambique in 2014. It opened 30 stores in 2013, a rate of growth that is set to continue this year.

More than 90 per cent of Zegna’s sales are from exports, and nearly half of group revenues derive from emerging markets. Sales in Greater China, the US, Russia and the Middle East were strong in 2013, according to the company. Revenues fell in Spain, Japan and Korea.

Results in Europe were positive overall, with sales in Italy, France and the UK buoyed by tourists.

Another Italian company that has its eye on expansion is Billionaire Italian Couture, the fashion label set up by the Italian tycoon Flavio Briatore.

The retailer, which sells suits that start from almost £2,000 (Dh11,964) and fine leather boots for £800, now has 27 outlets around the world, including two boutiques in Dubai and one in Doha.

Mario Chiarenza, creative director of the brand which combines Italian decadence with British traditional tailoring, says that the growing global interest in menswear is very much reflected in the Middle East.

“Our Middle Eastern clientele have an increasing appreciation of fashion, for accessories in particular. They explore what is on the market both at home and when they travel abroad.”

“They are incredibly discerning and they are after a very specific product. They don’t tend to want formalwear, rather a more laid-back sport look which is not only of the highest quality but also creative, colourful and different.”

Mr Chiaranza says that the Middle Eastern customer is so important that he has even introduced specific items and products – particularly in their accessories range.

The company will be opening its fourth store in the region, in Jeddah, in July. “Dubai is one of our most successful locations so there are absolutely plans to continue expanding in the region,” Mr Chiarenza says.

And it’s not just clothes, suits and bags that men are craving. Jewellery, for so long shunned by many men, is something the most fashionable man is buying.

The functional cufflink – perhaps the only piece of jewellery, besides a wedding ring, that many men will own – is right on trend, according to the award-winning British jewellery designer, Babette Wasserman. But men are also buying tie bars and lapel pins.

Ms Wasserman, who trained at Central St Martin School of Art and Design in London, also designs a large range of men’s bracelets, using semi-precious stones, sterling silver and leather, which are selling well.

The Wasserman jewellery range – which has been seen adorning the likes of David Beckham, Rufus Wainwright and Antonio Banderas – is now available from the first Babette Wasserman pop-up store in Dubai.

The pop-up store opened at the start of the year and will be open through to March 31 in Emirates Towers.

business@thenational.ae

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

SPECS: Polestar 3

Engine: Long-range dual motor with 400V battery
Power: 360kW / 483bhp
Torque: 840Nm
Transmission: Single-speed automatic
Max touring range: 628km
0-100km/h: 4.7sec
Top speed: 210kph
Price: From Dh360,000
On sale: September

THE BIO

Favourite place to go to in the UAE: The desert sand dunes, just after some rain

Who inspires you: Anybody with new and smart ideas, challenging questions, an open mind and a positive attitude

Where would you like to retire: Most probably in my home country, Hungary, but with frequent returns to the UAE

Favorite book: A book by Transilvanian author, Albert Wass, entitled ‘Sword and Reap’ (Kard es Kasza) - not really known internationally

Favourite subjects in school: Mathematics and science

Top New Zealand cop on policing the virtual world

New Zealand police began closer scrutiny of social media and online communities after the attacks on two mosques in March, the country's top officer said.

The killing of 51 people in Christchurch and wounding of more than 40 others shocked the world. Brenton Tarrant, a suspected white supremacist, was accused of the killings. His trial is ongoing and he denies the charges.

Mike Bush, commissioner of New Zealand Police, said officers looked closely at how they monitored social media in the wake of the tragedy to see if lessons could be learned.

“We decided that it was fit for purpose but we need to deepen it in terms of community relationships, extending them not only with the traditional community but the virtual one as well," he told The National.

"We want to get ahead of attacks like we suffered in New Zealand so we have to challenge ourselves to be better."

Bundesliga fixtures

Saturday, May 16 (kick-offs UAE time)

Borussia Dortmund v Schalke (4.30pm) 

RB Leipzig v Freiburg (4.30pm) 

Hoffenheim v Hertha Berlin (4.30pm) 

Fortuna Dusseldorf v Paderborn  (4.30pm) 

Augsburg v Wolfsburg (4.30pm) 

Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)

Sunday, May 17

Cologne v Mainz (4.30pm),

Union Berlin v Bayern Munich (7pm)

Monday, May 18

Werder Bremen v Bayer Leverkusen (9.30pm)

Cricket World Cup League 2

UAE results
Lost to Oman by eight runs
Beat Namibia by three wickets
Lost to Oman by 12 runs
Beat Namibia by 43 runs

UAE fixtures
Free admission. All fixtures broadcast live on icc.tv

Tuesday March 15, v PNG at Sharjah Cricket Stadium
Friday March 18, v Nepal at Dubai International Stadium
Saturday March 19, v PNG at Dubai International Stadium
Monday March 21, v Nepal at Dubai International Stadium

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

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

Pros and cons of BNPL

Pros

  • Easy to use and require less rigorous credit checks than traditional credit options
  • Offers the ability to spread the cost of purchases over time, often interest-free
  • Convenient and can be integrated directly into the checkout process, useful for online shopping
  • Helps facilitate cash flow planning when used wisely

Cons

  • The ease of making purchases can lead to overspending and accumulation of debt
  • Missing payments can result in hefty fees and, in some cases, high interest rates after an initial interest-free period
  • Failure to make payments can impact credit score negatively
  • Refunds can be complicated and delayed

Courtesy: Carol Glynn

Innotech Profile

Date started: 2013

Founder/CEO: Othman Al Mandhari

Based: Muscat, Oman

Sector: Additive manufacturing, 3D printing technologies

Size: 15 full-time employees

Stage: Seed stage and seeking Series A round of financing 

Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now. 

Voices: How A Great Singer Can Change Your Life
Nick Coleman
Jonathan Cape

JOKE'S ON YOU

Google wasn't new to busting out April Fool's jokes: before the Gmail "prank", it tricked users with mind-reading MentalPlex responses and said well-fed pigeons were running its search engine operations .

In subsequent years, they announced home internet services through your toilet with its "patented GFlush system", made us believe the Moon's surface was made of cheese and unveiled a dating service in which they called founders Sergey Brin and Larry Page "Stanford PhD wannabes ".

But Gmail was all too real, purportedly inspired by one – a single – Google user complaining about the "poor quality of existing email services" and born "millions of M&Ms later".

From exhibitions to the battlefield

In 2016, the Shaded Dome was awarded with the 'De Vernufteling' people's choice award, an annual prize by the Dutch Association of Consulting Engineers and the Royal Netherlands Society of Engineers for the most innovative project by a Dutch engineering firm.

It was assigned by the Dutch Ministry of Defence to modify the Shaded Dome to make it suitable for ballistic protection. Royal HaskoningDHV, one of the companies which designed the dome, is an independent international engineering and project management consultancy, leading the way in sustainable development and innovation.

It is driving positive change through innovation and technology, helping use resources more efficiently.

It aims to minimise the impact on the environment by leading by example in its projects in sustainable development and innovation, to become part of the solution to a more sustainable society now and into the future.

Defending champions

World Series: South Africa
Women’s World Series: Australia
Gulf Men’s League: Dubai Exiles
Gulf Men’s Social: Mediclinic Barrelhouse Warriors
Gulf Vets: Jebel Ali Dragons Veterans
Gulf Women: Dubai Sports City Eagles
Gulf Under 19: British School Al Khubairat
Gulf Under 19 Girls: Dubai Exiles
UAE National Schools: Al Safa School
International Invitational: Speranza 22
International Vets: Joining Jack