The finale of the Balmain spring/summer 2024 collection. AP
The finale of the Balmain spring/summer 2024 collection. AP
The finale of the Balmain spring/summer 2024 collection. AP
The finale of the Balmain spring/summer 2024 collection. AP

Balmain makes impressive comeback following robbery at Paris Fashion Week


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Balmain pulled off something amazing with its spring/summer 2024 show in Paris, showing a collection that had been remade almost entirely from scratch in just 10 days.

The reason for the rush was that on September 17, half of the collection was stolen in a robbery, forcing creative director Oliver Rousteing and his team to work around the clock to ditch those ideas and start over.

That the collection revealed on Wednesday felt fluid and coherent is a testimony to the extraordinary skill of everyone who clearly pulled out all the stops, to counter the disastrous event.

Following a robbery, the Balmain spring/summer 2024 collection had to be almost entirely remade. AP
Following a robbery, the Balmain spring/summer 2024 collection had to be almost entirely remade. AP

Starting with 1980s-style tailoring, as snappy skirt suits with big buttons, sculpted hips and wide shoulders, Rousteing introduced softness via skater skirts and pleated dresses of various lengths.

He also added flowers, first as fabric blooms added to handbags, around shoulders and necklines, then as oversize printed florals across structured mini dresses, before returning to physical petals again, most notably added to a mini dress covered in tiny slivers of mirror.

Taken together, there was a lovely contrast between the strict tailoring and the floral bohemia, which showed off what an extraordinary house Balmain really is to have pulled this together in such a short space of time.

Marni

Erykah Badu, Usher and Aya Nakamura attend the Marni womenswear spring/summer 2024 show as part of Paris Fashion Week. Getty Images
Erykah Badu, Usher and Aya Nakamura attend the Marni womenswear spring/summer 2024 show as part of Paris Fashion Week. Getty Images

At Marni, the show staged at Ville Lumiere had a runway that meandered through the house, around the garden and up and down the staircase in a charmingly Mad Hatter sort of way. The clothes followed this same eccentricity, starting as slimfit looks in white, tan and pale blue, growing in volume and colour as the show progressed.

What started as a floor-length pencil skirt, slung low on the hips, shifted to become a trapeze dress, to become just a shift dress in sheer, checked cloth and simple ballet flats.

In turn this was replaced with short, full skirts with hems held out with wire, falling in looping folds, as skirts, shirts and jackets grew is size to become more and more outlandish. In bright orange, deckchair stripes and wonderfully clashed checks (Marni's signature) these were all fun and uplifting, yet still lovely and wearable pieces.

Amid the bright striping and exaggerated volume, there were dresses made from hand-stitched flowers that were as beautiful as they were fragile, and three-dimensional metallic dresses of flowers made from recycled tin cans.

Dries Van Noten

A look that mixes sporty striping and sequins, from the Dries Van Noten spring/summer 2024 show. Reuters
A look that mixes sporty striping and sequins, from the Dries Van Noten spring/summer 2024 show. Reuters

Over at Dries Van Noten, men's classic striped shirting and sporting garb was remade into womenswear. Pale blue pin stripe was cut into a bralet top, the rippling edge of a dress and stretched into a wrap-fronted dress, while the wide stripes of rugby-tops appeared as a mini dress and snazzy knitted trousers, while the lined cuffs and hems of cricket whites turned up on tank tops and the piping on an oversized blazer.

This mixing of codes is what Van Noten does best and, as ever, a show that started simply became a masterclass in seeing the mundane anew as colours and patterns were pitched in ways that simply shouldn't work, but in Van Noten's skilled hands became fresh and covetable.

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

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The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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COMPANY PROFILE

Company name: Letstango.com

Started: June 2013

Founder: Alex Tchablakian

Based: Dubai

Industry: e-commerce

Initial investment: Dh10 million

Investors: Self-funded

Total customers: 300,000 unique customers every month

The distance learning plan

Spring break will be from March 8 - 19

Public school pupils will undergo distance learning from March 22 - April 2. School hours will be 8.30am to 1.30pm

Staff will be trained in distance learning programmes from March 15 - 19

Teaching hours will be 8am to 2pm during distance learning

Pupils will return to school for normal lessons from April 5

What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
The bio

Job: Coder, website designer and chief executive, Trinet solutions

School: Year 8 pupil at Elite English School in Abu Hail, Deira

Role Models: Mark Zuckerberg and Elon Musk

Dream City: San Francisco

Hometown: Dubai

City of birth: Thiruvilla, Kerala

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Essentials

The flights

Emirates and Etihad fly direct from the UAE to Geneva from Dh2,845 return, including taxes. The flight takes 6 hours. 

The package

Clinique La Prairie offers a variety of programmes. A six-night Master Detox costs from 14,900 Swiss francs (Dh57,655), including all food, accommodation and a set schedule of medical consultations and spa treatments.

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If you go...

Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.

Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50

The specs: 2019 Aston Martin DBS Superleggera

Price, base: Dh1.2 million

Engine: 5.2-litre twin-turbo V12

Transmission: Eight-speed automatic

Power: 725hp @ 6,500pm

Torque: 900Nm @ 1,800rpm

Fuel economy, combined:  12.3L / 100km (estimate)

THE BIO

Born: Mukalla, Yemen, 1979

Education: UAE University, Al Ain

Family: Married with two daughters: Asayel, 7, and Sara, 6

Favourite piece of music: Horse Dance by Naseer Shamma

Favourite book: Science and geology

Favourite place to travel to: Washington DC

Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.

The Bio

Name: Lynn Davison

Profession: History teacher at Al Yasmina Academy, Abu Dhabi

Children: She has one son, Casey, 28

Hometown: Pontefract, West Yorkshire in the UK

Favourite book: The Alchemist by Paulo Coelho

Favourite Author: CJ Sansom

Favourite holiday destination: Bali

Favourite food: A Sunday roast

The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
The specs

Engine: 8.0-litre, quad-turbo 16-cylinder

Transmission: 7-speed auto

0-100kmh 2.3 seconds

0-200kmh 5.5 seconds

0-300kmh 11.6 seconds

Power: 1500hp

Torque: 1600Nm

Price: Dh13,400,000

On sale: now

Updated: September 28, 2023, 2:25 PM