Gigi Hadid and Tan France will present season 2 of Next In Fashion. Photo: Netflix
Gigi Hadid and Tan France will present season 2 of Next In Fashion. Photo: Netflix
Gigi Hadid and Tan France will present season 2 of Next In Fashion. Photo: Netflix
Gigi Hadid and Tan France will present season 2 of Next In Fashion. Photo: Netflix

New trailer offers first glimpse of Gigi Hadid presenting Netflix's Next in Fashion


Sophie Prideaux
  • English
  • Arabic

Netflix has released a first look at the second season of Next in Fashion, which will mark supermodel Gigi Hadid's debut as co-presenter.

The part-Palestinian model will take the reins from British TV presenter and fashion designer Alexa Chung, who presented the first season alongside Queer Eye’s Tan France.

The 55-second trailer opens with with shots of Hadid sporting some outlandish looks on the runway, before France jokes that she has “an actual job to do”.

In the series, a group of fashion designers are tasked with creating collections every week, often centred around a specific theme, to display at a show watched by a panel of top industry judges. The first season, which came out in January 2020, had 18 designers competing for the chance to win a $250,000 prize.

Korean designer Minju Kim emerged the winner and launched a collection with Net-a-Porter in December 2021. She also collaborated with high-street retailer & Other Stories and showcased her latest collection with a pop-up at the autumn/winter 2022 season of the New York Fashion Week.

Hadid is one of the world’s top supermodels and has walked for brands such as Chanel, Tom Ford and Jacquemus, as well as dozens of other designers. She has 37 Vogue covers under her belt.

The news that she would be joining the show was announced last January. France, who is good friends with Hadid, made the announcement on his Instagram page. “Who would have thought when we met over FaceTime 4 years ago that we’d be hosting Next in Fashion together! You read that right! The secret’s out. You better get ready,” he wrote.

Season two will be available to stream on Netflix from March 3

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

Jawan
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Updated: January 27, 2023, 4:01 PM