Lebanese label Georges Hobeika has announced it will delay the presentation of its spring / summer couture collection owing to the coronavirus pandemic.
The designer had been due to present his collection on Monday during Paris Haute Couture Week, but announced that the label would now push the presentation back to "more serene and happier times".
“As the pandemic remains strong, health restrictions are being put in place around the world: they are needed to help healthcare workers and researchers that save precious lives,” the label’s statement, posted on Instagram, reads.
“Haute couture will always be the privileged instrument of dreams, poetry and magic. These wonders are made possible thanks to the virtuosity of the craftsmen and the dedication of the employees who combine their precious know-how to bring life to the fabrics; their safety and well-being are paramount."
The label added it would announce a new presentation date, in "more serene and happier times", on social media.
The news follows fellow countryman Elie Saab's decision to also withdraw from the event. Speaking to WWD, Elie Saab Jr, the brand's chief executive, revealed that although the collection is ready, a decision had been made to postpone its presentation until conditions in Lebanon had improved.
“The haute couture collection is ready, but there’s the whole shooting logistic, which is quite complicated. We decided to take a small break and wait for the right time to shoot it and to present it to the public.
“What we’ve seen in recent weeks in Lebanon is an important escalation of cases and an important scarcity in hospital beds and hospital tools such as respirators. Things are really getting out of control, so we have to be cautious, we have to be responsible,” said Saab Jr.
“Honestly, the risk is too high, and for us, regardless of what we are doing, safety comes first, especially the safety of our employees and everyone that’s working on the collection.”
Paris Haute Couture Week runs from Monday, January 25 to Thursday, January 28, and is scheduled to feature presentations from the likes of Chanel, Giorgio Armani, Viktor & Rolf, and Jean-Paul Gaultier.
However, the presentations will be digital as pandemic restrictions mean that events cannot go ahead as usual.
Haute Couture Week follows Menswear week, which saw labels including Louis Vuitton and Dior present their latest collections.
Georges Hobeika's Paris Fashion Week spring / summer 2020 show:
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
If you go
The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at.
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.
Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
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Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
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