Emporio Armani's autumn/winter line featured elegantly tailored schoolgirl styles.
Emporio Armani's autumn/winter line featured elegantly tailored schoolgirl styles.

Austerity and innocence



You have to admire Giorgio Armani's stamina. Only a week ago he was opening a spanking new store in New York and dressing Anne Hathaway, Alicia Keys and Sean Penn for the Oscars. Now, less than five days after Hathaway appeared on the red carpet, he has just unveiled his new autumn/winter collections for Emporio and Giorgio Armani - and two very different ladies they are as well.

He hasn't been the only designer to focus on schoolgirl styles this season, but Emporio Armani's sweet little girls in their brogues and socks, modelling nimble overcoats with ruffle trims, pleated shorts and pinstripe skirts, were an altogether more wholesome image than the rebellious St Trinian's schoolgirls we saw on Vivienne Westwood's catwalk in London a week ago - mother would have approved of the Emporio girls who sweetly swung down the catwalk in pairs.

Armani's snappy and sexy Emporio collection opened Milan Fashion Week and his mainline collection on Friday was, as you might imagine, an altogether more grown-up affair. Sophisticated tailoring with its roots in the 1980s included short, fitted jackets and tiny, curvy skirts worn with shiny berets and squashy handbags - a new trend in the making this season. Coats were light with swishy hems, or big soft blanket cover-ups. Dresses were focused on glamorous cocktail styles in black velvet, fitted and worn with a pair of long patent black gloves pulled over bare arms. While Emporio surprisingly eschewed any form of trouser, whether tailored or jeans, the Giorgio Armani collection presented sleek, tightfitting styles worn with high heels. Trousers and flat jewelled boots were slipped under delicate sparkling tulle evening dresses that looked like cobwebs after a rain shower.

Raf Simon's collection for Jil Sander was a paean to the founder, who left the company in 2004 during Prada's troubled ownership of the brand. The company announced this week that it is moving its design studio to Milan, finally severing roots with its past in Hamburg, where Sander founded the label. The Belgian designer Raf Simons took over the creative reins in 2005 and he felt that now, as a new mood of austerity takes hold, is the appropriate time to pay homage to Sander with a collection that reiterates the style and soul of the brand. Luxuriously understated looks - collarless coats over matching jackets, and a camel round-neck coat over a matching round-neck dress - slim, sleek, over the knee, in cashmere and fine wools - evoke the relaxed balanced mood of the original.

There were two elements to the Jil Sander collection, as Simon was also inspired by a famous French ceramicist Pol Chambost (1906-1983) to produce the most divine dresses and coats that were sculpted but hung slightly proud of the body. He experimented by contouring the body with single folds of fabric in shocking, contrasting hues of orange and yellow against black. Some dresses smoothed the contours of the upper body and then sculpted a bulbous shape over the hips, mimicking an elegant ceramic bottle; it was infinitely more beautiful and flattering than it sounds.

It looks as though this season, designers will revert to what they do best, but keep it fresh and modern. A reminder of the troubled times we live in came on the opening day of the Milan collections, when Roberto Cavalli had to suddenly switch his catwalk show for his second line Just Cavalli to a smaller presentation because the manufacturer who produces the collection under the license Ittierre went bankrupt. It is another reminder that even Italian fashion is not impervious to the financial crisis. Its parent company IT Holding, as well as the Gianfranco Ferre brand that it owns, were both put into special administration, with a view to selling off Ferre.

There is no denying that these events lurk in the minds of designers and Christopher Bailey said after his show for Burberry Prorsum that he wanted "to stick with the DNA of the label, to keep it real and make clothes that last". He built on last season's collection, with its rustic charm, but said he wanted "this one to be more poetic". To this end, he produced a terrific array of slouchy trench coats slipped over gentle white cotton high-waisted dresses with a soft felt hat pulled on the head, in a carefree, folksy way. He returned to his Yorkshire roots to produce nubbly tweeds for swing box-pleated coats and sweet woollen dresses and used some lovely vintage chintzes for dirndl-skirt dresses. Perfect for the cool Burberry girl without a care in the world. Lucky her.

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Getting there
Flydubai flies direct from Dubai to Tbilisi from Dh1,025 return including taxes

The years Ramadan fell in May

1987

1954

1921

1888

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

if you go

The flights

Etihad and Emirates fly direct from the UAE to Seoul from Dh3,775 return, including taxes

The package

Ski Safari offers a seven-night ski package to Korea, including five nights at the Dragon Valley Hotel in Yongpyong and two nights at Seoul CenterMark hotel, from £720 (Dh3,488) per person, including transfers, based on two travelling in January

The info

Visit www.gokorea.co.uk

MISSION: IMPOSSIBLE – FINAL RECKONING

Director: Christopher McQuarrie

Starring: Tom Cruise, Hayley Atwell, Simon Pegg

Rating: 4/5

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.”

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Results

Ashraf Ghani 50.64 per cent

Abdullah Abdullah 39.52 per cent

Gulbuddin Hekmatyar 3.85 per cent

Rahmatullah Nabil 1.8 per cent

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

House-hunting

Top 10 locations for inquiries from US house hunters, according to Rightmove

  1. Edinburgh, Scotland 
  2. Westminster, London 
  3. Camden, London 
  4. Glasgow, Scotland 
  5. Islington, London 
  6. Kensington and Chelsea, London 
  7. Highlands, Scotland 
  8. Argyll and Bute, Scotland 
  9. Fife, Scotland 
  10. Tower Hamlets, London 

 

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
The specs: McLaren 600LT

Price, base: Dh914,000

Engine: 3.8-litre twin-turbo V8

Transmission: Seven-speed automatic

Power: 600hp @ 7,500rpm

Torque: 620Nm @ 5,500rpm

Fuel economy 12.2.L / 100km

Persuasion
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The biog

Name: James Mullan

Nationality: Irish

Family: Wife, Pom; and daughters Kate, 18, and Ciara, 13, who attend Jumeirah English Speaking School (JESS)

Favourite book or author: “That’s a really difficult question. I’m a big fan of Donna Tartt, The Secret History. I’d recommend that, go and have a read of that.”

Dream: “It would be to continue to have fun and to work with really interesting people, which I have been very fortunate to do for a lot of my life. I just enjoy working with very smart, fun people.”

ICC Women's T20 World Cup Asia Qualifier 2025, Thailand

UAE fixtures
May 9, v Malaysia
May 10, v Qatar
May 13, v Malaysia
May 15, v Qatar
May 18 and 19, semi-finals
May 20, final

The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

New schools in Dubai