• From left, Stefano Gabbana, Kim Kardashian and Domenico Dolce attend the end of their spring/Summer 2023 show during the Milan Fashion Week, in Italy, on September 2022. EPA
    From left, Stefano Gabbana, Kim Kardashian and Domenico Dolce attend the end of their spring/Summer 2023 show during the Milan Fashion Week, in Italy, on September 2022. EPA
  • Models present creations by Dolce & Gabbana for spring/summer 2023. EPA
    Models present creations by Dolce & Gabbana for spring/summer 2023. EPA
  • The collection is presented against the backdrop of a film showing Kardashian, styled as a Hollywood starlet, eating a plate of pasta. EPA
    The collection is presented against the backdrop of a film showing Kardashian, styled as a Hollywood starlet, eating a plate of pasta. EPA
  • Kim Kardashian took Milan by storm on Saturday, curating a new collection for Dolce & Gabbana that took inspiration from 20 years of archival looks. EPA
    Kim Kardashian took Milan by storm on Saturday, curating a new collection for Dolce & Gabbana that took inspiration from 20 years of archival looks. EPA
  • Kardashian adhered to a mostly neutral palette. EPA
    Kardashian adhered to a mostly neutral palette. EPA
  • Kardashian’s curation showed her full embrace of Dolce & Gabbana’s Italian roots. EPA
    Kardashian’s curation showed her full embrace of Dolce & Gabbana’s Italian roots. EPA
  • Lingerie strongly inspired the collection. EPA
    Lingerie strongly inspired the collection. EPA
  • There were corsets, incorporated bras and bodysuits, employing all of the designer’s best tricks. EPA
    There were corsets, incorporated bras and bodysuits, employing all of the designer’s best tricks. EPA
  • From rigid bones for structural elements, to pretty lace and eye-catching crystals. EPA
    From rigid bones for structural elements, to pretty lace and eye-catching crystals. EPA
  • Black, grey and beige, with some burgundy, made an appearance. EPA
    Black, grey and beige, with some burgundy, made an appearance. EPA
  • Kardashian drew the line at prints, completely rejecting the brand’s fruits and florals. EPA
    Kardashian drew the line at prints, completely rejecting the brand’s fruits and florals. EPA
  • A splash of red. EPA
    A splash of red. EPA
  • Kardashian went all in with the leopard print. AFP
    Kardashian went all in with the leopard print. AFP
  • A model presents another leopard-print creation. AFP
    A model presents another leopard-print creation. AFP
  • The collection was designed with women of all ages and shapes in mind. EPA
    The collection was designed with women of all ages and shapes in mind. EPA
  • The goal was to simplify designs to help some of the more ornate pieces feel less intimidating. AFP
    The goal was to simplify designs to help some of the more ornate pieces feel less intimidating. AFP
  • Kardashian’s mother, three of her children and sister Khloe sat in the front row. AFP
    Kardashian’s mother, three of her children and sister Khloe sat in the front row. AFP
  • Kim Kardashian’s love of Dolce & Gabbana goes way back, and the affection showed in her curation of their latest collection, drawing on archival looks from 1987 to 2007. AFP
    Kim Kardashian’s love of Dolce & Gabbana goes way back, and the affection showed in her curation of their latest collection, drawing on archival looks from 1987 to 2007. AFP
  • Standing out in white. AFP
    Standing out in white. AFP
  • Kardashian remembers growing up watching her mother dress in Dolce & Gabbana for date nights. AFP
    Kardashian remembers growing up watching her mother dress in Dolce & Gabbana for date nights. AFP
  • Even the Kardashian family dogs were named Dolce and Gabbana. AFP
    Even the Kardashian family dogs were named Dolce and Gabbana. AFP
  • Sleek silhouettes and structural elements on show. AFP
    Sleek silhouettes and structural elements on show. AFP
  • When Kardashian and her sisters owned a store, she borrowed her father’s credit card to buy a bunch of D&G dresses, jeans and belts before her paycheck came in. AFP
    When Kardashian and her sisters owned a store, she borrowed her father’s credit card to buy a bunch of D&G dresses, jeans and belts before her paycheck came in. AFP
  • Italian fashion designers Domenico Dolce (R) and Stefano Gabbana acknowledge applause with US media personality Kim Kardashian at the end of the presentation of Dolce & Gabbana's Women's Spring Summer 2023 fashion collection on September 24, 2022 as part of the Fashion Week in Milan. (Photo by Miguel MEDINA / AFP)
    Italian fashion designers Domenico Dolce (R) and Stefano Gabbana acknowledge applause with US media personality Kim Kardashian at the end of the presentation of Dolce & Gabbana's Women's Spring Summer 2023 fashion collection on September 24, 2022 as part of the Fashion Week in Milan. (Photo by Miguel MEDINA / AFP)
  • Models make their way down the runway. AP Photo
    Models make their way down the runway. AP Photo
  • A guest, wearing Dolce & Gabbana logo earrings, ahead of the show. LaPresse via AP
    A guest, wearing Dolce & Gabbana logo earrings, ahead of the show. LaPresse via AP
  • Guests flooded to see the collection. LaPresse via AP
    Guests flooded to see the collection. LaPresse via AP
  • Only the most well-dressed patrons arrived. LaPresse via AP
    Only the most well-dressed patrons arrived. LaPresse via AP
  • A guest arrives in a striking red outfit. LaPresse via AP
    A guest arrives in a striking red outfit. LaPresse via AP

Kim Kardashian debuts Dolce & Gabbana collection and other Milan Fashion Week highlights


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Kim Kardashian took Milan by storm on Saturday, curating a new collection for Dolce & Gabbana that took inspiration from 20 years of archival looks.

It was a day of debuts at Milan Fashion Week, including Maximilian Davis, a British designer aged 27 with Afro-Caribbean roots, at the creative helm of Salvatore Ferragamo and Filipino-American designer Rhuigi Villasenor at Bally, as the brand returns to the runway for the first time in 20 years.

Here are some of the highlights.

Kim Kardashian for Dolce & Gabbana

Kim Kardashian’s love of Dolce & Gabbana goes way back, and the affection showed in her curation of their latest collection, drawing on archival looks from 1987 to 2007.

She remembers growing up watching her mother dress in the designer brand for date nights with her stepfather, recalling “she always looked so smart and so strong”.

Even the family dogs were named Dolce and Gabbana. Gabbana was a black labrador, Dolce a tiny chihuahua.

Designers Stefano Gabbana and Domenico Dolce stand next to Kim Kardashian at the end of the Dolce & Gabbana spring/summer 2023 show. Reuters
Designers Stefano Gabbana and Domenico Dolce stand next to Kim Kardashian at the end of the Dolce & Gabbana spring/summer 2023 show. Reuters

“It is very close to reality,’’ Stefano Gabbana quipped in a presentation for the new collection.

But no matter how hard she tried, even sending her mother, Kris Jenner, to help make her case, the designers refused to open their archives. “The past is the past,’’ Domenico Dolce explained. “We try to go ahead with the new generation.”

That is, until Kardashian proved she had the right stuff.

When Kourtney Kardashian married Travis Barker in Italy in May this year, social media swarmed with the vintage Dolce & Gabbana dresses that she and her sisters wore. They were all from Kim Kardashian’s private collection, which she accrued with the help of a book of more than 100 desired Dolce & Gabbana looks she and her stylist compiled years before.

Dolce said the wedding photos persuaded them to dig into the archives, and he approached Kardashian about the project.

“We were afraid that the vintage dresses would look old. Instead, they were still contemporary,’’ Dolce said.

And so, the new spring/summer 2023 collection was born, with the designers selecting looks from the past that they loved, many with memories attached to working with models such as Linda Evangelista and Monica Bellucci. Kardashian curated from there.

“After all these years, this is all of the stuff we would wear today," Kardashian said. “As a designer, I would just think that is so cool, to see everyone trying to emulate the looks. And why not do a full collection, obviously with some new pieces in there, but just reimagined in a way that we would wear it today, which is so similar to how it was shot and worn back then.”

Dolce and Gabbana presented their spring/summer 2023 collection against the backdrop of a film showing Kardashian, styled as a starlet, sensually eating a plate of pasta.

Kardashian’s curation showed her full embrace of Dolce & Gabbana’s Italian roots.

Lingerie strongly inspired the collection. There were corsets, incorporated bras and bodysuits, employing all of the designer’s best tricks, from rigid bones for structural elements, to pretty lace and eye-catching crystals. They were worn with gartered stockings and long gloves, or under beautiful wraps.

Kardashian adhered to a mostly neutral palette: black, grey and beige, with some burgundy. And she drew the line at prints, completely rejecting the brand’s fruits and florals.

But the reality TV and social media star went all in on the leopard. “I would say the boys brought out the leopard in me," Kardashian said. “I think you will see that for me, colour is the crystals.’’

The collection was designed with women of all ages and shapes in mind, Kardashian said, with the goal of simplifying designs to help some of the more ornate pieces feel less intimidating.

“If you simplify it, more people can feel confident wearing it. And I think we really achieved that in the show,” she said.

Kardashian’s mother, three of her four children and sister Khloe sat in the front row. Proud mama Kris Jenner filmed the entire show on her phone.

Jil Sander's tranquility

Fringe and feathers dominated the runway at the Jil Sander spring/summer 2023 show during Milan Fashion Week on September 24, 2022 in Italy. Getty
Fringe and feathers dominated the runway at the Jil Sander spring/summer 2023 show during Milan Fashion Week on September 24, 2022 in Italy. Getty

Jil Sander created a tranquil island in Milan’s chaotic fashion week, filling a temporary show space in a distant field with a thicket of wildflowers and grasses, along with soothing pastels and forgiving silhouettes.

The collection lends itself to easy layering and defies all gender stereotypes. Creative directors Lucie and Luke Meier continued to dabble in embellishments, adding sequins, feathers and metallic accents to the brand’s minimalist silhouette.

Sleeveless suiting worked across genders, and men wore long pastel kilts with button-down shirts. Knitwear was distressed, with rough edges and slits, in both tops and dresses. The designers chose a single print, featuring blurry points of light.

Models carried umbrellas to protect the looks from the seasonal rainfall — inconvenient for an outdoor show but welcome in Italy after months of drought.

Salvatore Ferragamo's new dawn

Strong silhouettes and simple elements at Salvatore Ferragamo's spring/summer 2023 show. Getty
Strong silhouettes and simple elements at Salvatore Ferragamo's spring/summer 2023 show. Getty

Maximilian Davis created a vermilion red background for his Salvatore Ferragamo debut in the courtyard of a 17th-century Baroque and Neoclassical palace — all the better to highlight the fashion house’s new direction.

The British designer worked in strong silhouettes and simple elements, such as tank tops and leggings, or full-on bodysuits, all the better to highlight the bag of the season, and oversized cutout bags in highly polished leather with a canvas interior. Dresses were slinky in solid colours or flowing chiffon in degradé prints; a red trouser and skin-tight top combo popped with crystals. Strappy sandals featured a distinctive circular heel.

The male silhouette was challenged with an off-shoulder, sheer ombre dyed top, the colours an homage to the California sunset. Davis tapped Ferragamo’s leather heritage with boyishly short leather shorts paired with a leather blazer. Any male divo can make a red-carpet entrance with a silver sheer off-shoulder top that flows dramatically into a trailing scarf.

Models trod across red sand that covered the entire courtyard, a reference to Ferragamo’s Hollywood origins near the California beaches, and Davis’s own Caribbean heritage.

The sea and the sand mean to him "a place where you can go to reflect, and feel at one", he said. "I wanted to show that perspective, but now through the Ferragamo lens.”

Supermodel Naomi Campbell turned out for the show.

Bally rebooted

Models parade slinky gold and mustard creations for Bally women's spring/summer 2023 show at Milan Fashion Week on September 24, 2022. AP Photo
Models parade slinky gold and mustard creations for Bally women's spring/summer 2023 show at Milan Fashion Week on September 24, 2022. AP Photo

Filipino-American designer Villasenor, best known for his US streetwear brand, is seeking to drive a transition at the storied Swiss brand Bally, founded in 1851.

His debut collection paid tribute to the brand’s heritage of quiet elegance while introducing an edge. A plunging V-neck swimsuit was worn with snakeskin boots, while a long beaded skirt featured a waist-high slit and was paired casually with a denim top. For him, a flashy reptile leather jacket was worn with a mesh top and jeans, but there was also a dark blue double-breasted suit for more formal business occasions.

Villasenor said he was inspired by “the brand’s codes around art, graphic design, architecture and nature”.

Bottega Veneta's tromp l'oeiel

Kate Moss in classic plaid shirt and denim-imitating leather trousers at Bottega Veneta women's spring/summer 2023 show. AP Photo
Kate Moss in classic plaid shirt and denim-imitating leather trousers at Bottega Veneta women's spring/summer 2023 show. AP Photo

To the uninitiated, Kate Moss looked downright dressed down on the Bottega Veneta runway, in a pair of loose jeans and a plaid shirt. But that is the genius of designer Matthieu Blazy, who replayed a trick from his first season, showing leather pants that replicate the look of jeans.

Every piece in Blazy’s sophomore collection was strong: from the intarsia knitwear that had ice blue and red vying for the starring role, to the leather shift dresses and jackets with unexpected folds, to the shredded leather skirts and dresses, and sheer dresses embellished with velvety floral appliques.

At Bottega Veneta, leather is king. Bags include beautifully crafted fishing bags that fit neatly on the body, either in flat leather or a basket weave, to bucket bags worn flung over the shoulder.

Blazy collaborated with Italian architect and designer Gaetano Pesce on the sculptural resin runway and 400 unique chairs, some with hand drawings, used for guests at the show and destined for Design Miami.

Models with Arab heritage hit the runway for Versace, including Gigi Hadid and Nora Attal — in pictures

  • Bella Hadid sports a purple creation with veil for the Versace show during Milan Fashion Week on September 23, 2022 in Italy. Getty
    Bella Hadid sports a purple creation with veil for the Versace show during Milan Fashion Week on September 23, 2022 in Italy. Getty
  • Paris Hilton makes a surprise guest appearance to close the Versace show. Getty
    Paris Hilton makes a surprise guest appearance to close the Versace show. Getty
  • Imaan Hammam walks the runway. Getty
    Imaan Hammam walks the runway. Getty
  • Gigi Hadid in black at the start of the show. Getty
    Gigi Hadid in black at the start of the show. Getty
  • Nora Attal makes an appearance in purple. AFP
    Nora Attal makes an appearance in purple. AFP
  • Loli Bahia is pretty in pink. Getty
    Loli Bahia is pretty in pink. Getty
  • The collection is called 'a goddess gone gothic'. EPA
    The collection is called 'a goddess gone gothic'. EPA
  • Paris Hilton's veil is thought to be a nod to one of her six wedding gowns from her November nuptials. EPA
    Paris Hilton's veil is thought to be a nod to one of her six wedding gowns from her November nuptials. EPA
  • A model presents a creation by Versace. EPA
    A model presents a creation by Versace. EPA
  • Lime green makes an appearance on the runway. EPA
    Lime green makes an appearance on the runway. EPA
  • A lot of black on the runway. EPA
    A lot of black on the runway. EPA
  • Purple was a big design inspiration. EPA
    Purple was a big design inspiration. EPA
  • 'I have always loved a rebel,' said designer Donatella Versace. AFP
    'I have always loved a rebel,' said designer Donatella Versace. AFP
  • The collection is for 'a woman who is confident, smart and a little bit of a diva,' said Donatella in her show statement. AFP
    The collection is for 'a woman who is confident, smart and a little bit of a diva,' said Donatella in her show statement. AFP
  • Italian fashion designer Donatella Versace acknowledges applause following the presentation. AFP
    Italian fashion designer Donatella Versace acknowledges applause following the presentation. AFP
  • Irina Shayk walks the runway. Getty
    Irina Shayk walks the runway. Getty
  • Emily Ratajkowski also walks during the show. Getty
    Emily Ratajkowski also walks during the show. Getty
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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.”

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The End of Loneliness
Benedict Wells
Translated from the German by Charlotte Collins
Sceptre

Updated: October 13, 2022, 10:59 AM