A Salvatore Ferragamo SS18 bias cut dress. Courtesy Salvatore Ferragamo
A Salvatore Ferragamo SS18 bias cut dress. Courtesy Salvatore Ferragamo

Deconstructing: bias-cut dresses



Madame Madeleine Vionnet was the first to cut a dress on the bias in 1927 in Paris, and in doing so, revolutionised clothes for women. She is often credited as inventing the technique, but in truth it was already in use for making skirts and trims: she simply had the vision to use it on an entire dress. Almost immediately, women were seduced by her new style of cutting, which was both flattering and elegant, and by the 1930s, it was the only style to be seen in. It earned Vionnet the nickname "Queen of the bias cut".

Technically demanding to handle, bias involves cutting fabric at a 45-degree angle. Fabric is made by weaving horizontal weft threads through vertical warp threads, creating a grid structure that dictates how the fabric moves. By cutting diagonally across that structure, the integrity changes, allowing fabric to hang and flow in a completely different way. However, it also makes the fabric very difficult to sew without puckering, and creating perfectly straight flat seams requires considerable skill.

Despite its tricky nature, bias creates beautiful silhouettes, seen on the stars of the 1930s silver screen, including Katherine Hepburn and Jean Harlow. The most spectacular examples, however, appeared in the musicals of the time, for example, when Ginger Rogers – the dancing partner of Fred Astaire – executed routines in metres of swirling silk. Rogers even designed her own gown for the film Top Hat (1935), a dress completely covered in white ostrich feathers for the number Cheek to Cheek that shed feathers with every twirl. 

Fast-forward several decades, and John Galliano has long been a fan of the technique – using it in almost every collection during his years at Dior. More recently, the new designer at Roberto Cavalli, Paul Surridge, has updated bias into racerback dresses, while Alexander McQueen has used it to carve sports mesh into flouncy pieces.  

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Read more:

Deconstructing: braces

Deconstructing: Henna

Deconstructing: The crew cut

Deconstructing: Denim

Deconstructing: Gloves

Deconstructing: Cufflinks

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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.”

MATCH INFO

Manchester United 1 (Greenwood 77')

Everton 1 (Lindelof 36' og)

Scoreline:

Cardiff City 0

Liverpool 2

Wijnaldum 57', Milner 81' (pen)

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Director: Lana Wachowski

Stars: Keanu Reeves, Carrie-Anne Moss, Jessica Henwick 

Rating:****

TWISTERS

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Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

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Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.