In 2008, fashion was going through a muted phase, defined by plain surfaces largely devoid of pattern. Into this arena stepped Mary Katrantzou, whose work brimmed with complex digital prints, explosive colour combinations and dense collages inspired by jewellery, architecture and intricate floral patterns. Wildly optimistic and diametrically opposite to everything else on offer, her pieces were an immediate hit.
It has been 10 years, and her designs still shout their arrival from across the room. Her latest spring/summer 2018 collection is a giddy melange of parachute and puffball silhouettes, polka dots and Designers Guild-inspired florals, in verdant greens, acid yellows and tangerine oranges. In less skilled hands, such styling might easily descend into chaos, but the confidence with which it is all drawn together shows exactly why Katrantzou is referred to as the "queen of prints". Although, as I learn when I meet her in Dubai, the moniker clearly makes her uncomfortable. "To be called the queen of anything is very flattering," she tells me. "But I think I don't deserve it."
Either way, Katrantzou’s bold designs are not for the faint-hearted. Her clients “obviously love pattern and colour, and the positivity that wearing a bright dress will give them”, she says. “It is a confident woman who wears my pieces. They want to feel that they are wearing something that is a little more thought-provoking, perhaps.”
It's an approach that has clearly struck a chord. In 2016, the brand turned over a reported US$15 million (Dh55m). "When I started, I did pretty much everything myself," Katrantzou explains, "and it was very tough, especially since I didn't have a business degree. But, strangely, I loved that part. I am very driven towards making my brand successful, but I didn't realise that I had business acumen. I was thrown into the deep end so early, I had to learn fast."
The brand has enjoyed a steady upward trajectory, including winning the prestigious BFC/Vogue Designer Fashion Fund award in 2015, securing a Dh1m prize in the process. This financial boost enabled the Greek designer to hire a bigger team, including her first CEO, Trino Verkade (who previously worked for Thom Browne and Lee McQueen).
Unlike most of her competitors, Katrantzou does not have any stand-alone stores, preferring instead to collaborate with partners around the world, such as Harrods, Selfridges and Liberty in the United Kingdom; Bergdorf Goodman and Saks Fifth Avenue in the United States; Harvey Nichols, Etoile and Boutique 1 in the UAE; and The Modist, MyTheresa and Net-a-Porter online.
“We would love to have our own stand-alone stores one day,” she says, “but we know that retail is shifting, and I don’t just want a store in the classic sense of having a boutique. I have only been in business since 2008, but even in that time, the industry has changed. It’s a tough environment out there, and it pushes brands to be very true to who they are, and to their audience. It really focuses you. When I started, I didn’t know the woman I was dressing, but when I design now, I am thinking of all the women who I have met on my travels. What are they wearing, what occasions are they wearing it to, what other brands are they mixing it with and how are they styling it?
“I am not about imposing. I don’t come out and say: ‘That’s my target audience and I am going to design for them.’ No, I design instinctively, what I love and feel. And that gets a reaction. I never thought of my product as mass, but I have always wanted it to appeal to a diverse group of women. For us, it’s about figuring out how to make a product appeal to different sizes, ages and occasions, and less about flooding the market. There has to be a sense of uniqueness about the brand, and if you take that away, then we are just a print brand.”
Having pioneered the use of digital printing techniques, Katrantzou also introduced methods that allowed her to mould patterns perfectly around the body, creating a uniquely flattering image, as well as dramatically reducing wastage. Such innovation does not come cheap, but the designer is quick to defend her use of time-consuming techniques.
“They are precision-engineered. The production process is very elaborate, and there is no way to now change my business model to be very commercial. I think it is all about value. It’s not about pricing. If we are doing a cotton shirt covered in embroidery, it should be worth that. A piece that took two months to make by hand, like the friendship bracelet dresses we did for spring/summer 2018 – that cannot be mass-produced. A machine never touched it, it was all done by hand. Okay, perhaps only three women in the world appreciate that, but that becomes your archive. I only need one woman to be happy, and that makes all the work worth it.”
In recent years, Katrantzou has strived to show that there is more to her label than just digital imagery. Aware of the risk of being pigeonholed, her autumn/winter 2014 collection was remarkable for its total lack of prints, and instead used lace, embroidery and jacquard weaves to create a surface design. “I felt I needed that space to explore different techniques, because I am a textile designer at heart, and digital print is just one part of that. There are endless possibilities in print, but I just had to step back and widen the spectrum of what my work is about,” the designer says.
Nonetheless, her prints are emblematic enough to have been exhibited at both the Metropolitan Museum of Art and Cooper Hewitt, Smithsonian Design Museum in New York. More recently, Katrantzou was invited to showcase a retrospective of her work at the Dallas Contemporary museum in January, to coincide with her 10th anniversary.
“It’s very exciting,” the designer says, “because it allows me to create a common thread between all my work and showcase it. We will also be allowing people to buy pieces from our archive in a made-to-measure way, which we weren’t able to do at the time, as we were too small.”
Katrantzou relishes the idea of re-releasing her past collections – even on a small scale. "For me, seeing women wear earlier collections is so refreshing. If I go to a wedding, and see a woman wearing one of my designs from 2011, I am amazed. At an event where everyone is dressing up, she chooses a piece that she already has in her wardrobe? That's a huge compliment.
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Aigner could be the most important fashion brand you've never heard of
The fashionable face of female empowerment: #MeToo at NYFW
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"Seeing people wear my clothes makes it all meaningful. When you are designing, you are so into that world of design, it doesn't become real until you see someone wearing it. It puts it into perspective – that somehow we have created something that makes people feel good. That's an incredible feeling."
For 2019, the Greek designer has an exciting project in the pipeline – creating dance costumes for the Sadler's Wells Theatre in London. She will be working alongside composer and fellow Greek Vangelis (the man behind the soundtracks for the films Chariots of Fire, 1492: Conquest of Paradise, Alexander and Blade Runner), and is clearly excited about the opportunity. "It is a long way away, but it is always such a privilege to be asked to create costumes. I react to the choreography and the music, and having it all come together is very beautiful," she says.
The specs: 2018 BMW R nineT Scrambler
Price, base / as tested Dh57,000
Engine 1,170cc air/oil-cooled flat twin four-stroke engine
Transmission Six-speed gearbox
Power 110hp) @ 7,750rpm
Torque 116Nm @ 6,000rpm
Fuel economy, combined 5.3L / 100km
Upcoming games
SUNDAY
Brighton and Hove Albion v Southampton (5.30pm)
Leicester City v Everton (8pm)
MONDAY
Burnley v Newcastle United (midnight)
Origin
Dan Brown
Doubleday
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Thor: Ragnarok
Dir: Taika Waititi
Starring: Chris Hemsworth, Tom Hiddleston, Cate Blanchett, Jeff Goldblum, Mark Ruffalo, Tessa Thompson
Four stars
if you go
The flights
The closest international airport to the TMB trail is Geneva (just over an hour’s drive from the French ski town of Chamonix where most people start and end the walk). Direct flights from the UAE to Geneva are available with Etihad and Emirates from about Dh2,790 including taxes.
The trek
The Tour du Mont Blanc takes about 10 to 14 days to complete if walked in its entirety, but by using the services of a tour operator such as Raw Travel, a shorter “highlights” version allows you to complete the best of the route in a week, from Dh6,750 per person. The trails are blocked by snow from about late October to early May. Most people walk in July and August, but be warned that trails are often uncomfortably busy at this time and it can be very hot. The prime months are June and September.
How to help
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
UAE currency: the story behind the money in your pockets
Abu Dhabi Card
5pm: Maiden (PA) Dh 80,000 1,400m
National selection: AF Mohanak
5.30pm: Handicap (PA) Dh 90,000 1,400m
National selection: Jayide Al Boraq
6pm: Handicap (TB) Dh 100,000 1,400m
National selection: Rocket Power
6.30pm: Abu Dhabi Championship Listed (PA) Dh 180,000 1,600m
National selection: Ihtesham
7pm: Wathba Stallions Cup Handicap (PA) Dh 70,000 1,600m
National selection: Noof KB
7.30pm: Maiden (PA) Dh 80,000 2.200m
National selection: EL Faust
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How to help
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
Results:
5pm: Baynunah Conditions (UAE bred) Dh80,000 1,400m.
Winner: Al Tiryaq, Dane O’Neill (jockey), Abdullah Al Hammadi (trainer).
5.30pm: Al Zahra Handicap (rated 0-45) Dh 80,000 1,400m:
Winner: Fahadd, Richard Mullen, Ahmed Al Mehairbi.
6pm: Al Ras Al Akhdar Maiden Dh80,000 1,600m.
Winner: Jaahiz, Jesus Rosales, Eric Lemartinel.
6.30pm: Al Reem Island Handicap Dh90,000 1,600m.
Winner: AF Al Jahed, Antonio Fresu, Ernst Oertel.
7pm: Al Khubairah Handicap (TB) 100,000 2,200m.
Winner: Empoli, Pat Dobbs, Doug Watson.
7.30pm: Wathba Stallions Cup Handicap Dh80,000 2,200m.
Winner: Shivan OA, Patrick Cosgrave, Helal Al Alawi.
Retail gloom
Online grocer Ocado revealed retail sales fell 5.7 per cen in its first quarter as customers switched back to pre-pandemic shopping patterns.
It was a tough comparison from a year earlier, when the UK was in lockdown, but on a two-year basis its retail division, a joint venture with Marks&Spencer, rose 31.7 per cent over the quarter.
The group added that a 15 per cent drop in customer basket size offset an 11.6. per cent rise in the number of customer transactions.
In the Restaurant: Society in Four Courses
Christoph Ribbat
Translated by Jamie Searle Romanelli
Pushkin Press
Sweet%20Tooth
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COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EShaffra%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2023%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDIFC%20Innovation%20Hub%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Emetaverse-as-a-Service%20(MaaS)%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3Ecurrently%20closing%20%241.5%20million%20seed%20round%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Epre-seed%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%20Abu%20Dhabi%20and%20different%20PCs%20and%20angel%20investors%20from%20Saudi%20Arabia%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3Enine%3C%2Fp%3E%0A
Company profile
Name: Fruitful Day
Founders: Marie-Christine Luijckx, Lyla Dalal AlRawi, Lindsey Fournie
Based: Dubai, UAE
Founded: 2015
Number of employees: 30
Sector: F&B
Funding so far: Dh3 million
Future funding plans: None at present
Future markets: Saudi Arabia, potentially Kuwait and other GCC countries
Gifts exchanged
- King Charles - replica of President Eisenhower Sword
- Queen Camilla - Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
- Donald Trump - hand-bound leather book with Declaration of Independence
- Melania Trump - personalised Anya Hindmarch handbag
UAE currency: the story behind the money in your pockets
The Sky Is Pink
Director: Shonali Bose
Cast: Priyanka Chopra Jonas, Farhan Akhtar, Zaira Wasim, Rohit Saraf
Three stars
The Vile
Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah
Director: Majid Al Ansari
Rating: 4/5
More from Rashmee Roshan Lall
Takreem Awards winners 2021
Corporate Leadership: Carl Bistany (Lebanon)
Cultural Excellence: Hoor Al Qasimi (UAE)
Environmental Development and Sustainability: Bkerzay (Lebanon)
Environmental Development and Sustainability: Raya Ani (Iraq)
Humanitarian and Civic Services: Women’s Programs Association (Lebanon)
Humanitarian and Civic Services: Osamah Al Thini (Libya)
Excellence in Education: World Innovation Summit for Education (WISE) (Qatar)
Outstanding Arab Woman: Balghis Badri (Sudan)
Scientific and Technological Achievement: Mohamed Slim Alouini (KSA)
Young Entrepreneur: Omar Itani (Lebanon)
Lifetime Achievement: Suad Al Amiry (Palestine)
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
The biogs
Name: Zinah Madi
Occupation: Co-founder of Dots and links
Nationality: Syrian
Family: Married, Mother of Tala, 18, Sharif, 14, Kareem, 2
Favourite Quote: “There is only one way to succeed in anything, and that is to give it everything.”
Name: Razan Nabulsi
Occupation: Co-founder of Dots and Links
Nationality: Jordanian
Family: Married, Mother of Yahya, 3.5
Favourite Quote: A Chinese proverb that says: “Be not afraid of moving slowly, be afraid only of standing still.”
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.”
Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
Race card
1.30pm: Handicap (PA) Dh 50,000 (Dirt) 1,400m
2pm: Handicap (TB) Dh 84,000 (D) 1,400m
2.30pm: Maiden (TB) Dh 60,000 (D) 1,200m
3pm: Conditions (TB) Dh 100,000 (D) 1.950m
3.30pm: Handicap (TB) Dh 76,000 (D) 1,800m
4pm: Maiden (TB) Dh 60,000 (D) 1,600m
4.30pm: Handicap (TB) Dh 68,000 (D) 1,000m
Squid Game season two
Director: Hwang Dong-hyuk
Stars: Lee Jung-jae, Wi Ha-joon and Lee Byung-hun
Rating: 4.5/5
PROFILE OF CURE.FIT
Started: July 2016
Founders: Mukesh Bansal and Ankit Nagori
Based: Bangalore, India
Sector: Health & wellness
Size: 500 employees
Investment: $250 million
Investors: Accel, Oaktree Capital (US); Chiratae Ventures, Epiq Capital, Innoven Capital, Kalaari Capital, Kotak Mahindra Bank, Piramal Group’s Anand Piramal, Pratithi Investment Trust, Ratan Tata (India); and Unilever Ventures (Unilever’s global venture capital arm)
MATCH INFO
Manchester City 3 (Silva 8' &15, Foden 33')
Birmginahm City 0
Man of the match Bernado Silva (Manchester City)