Having disrupted the world in 2020, Covid-19 has also unleashed a certain rawness within the fashion universe.
It seems as if designers are taking the opportunity of the pause afforded by the pandemic to reset and refocus – and this seems to have rekindled the love of design that drew them all into the business in the first place.
The hectic, but rigid, schedules of different seasons and audiences seem to have gone pretty much out of the window, as was made evident at the weekend, when a smorgasbord of collections were shown, with haute couture, menswear, womenswear and resort all being unveiled at the same time.
Confusing? Definitely. But the bigger message coming through is that after years of having punishing timetables imposed upon them, brands now feel able to show new collections in a way that feels more relevant to them.
Jacquemus spring / summer 2021
Last year, Jacquemus held its fashion show in a lavender field. This season, it chose a wheat field outside Paris.
Hosted in front of a scaled-back audience, its spring / summer 2021 show was two things: firstly, it was genderless, with both men's and women's looks on display. Secondly, it was breathtakingly light. Tones of cream, buttermilk, ochre and soft grey reflected the crops surrounding the show, with a dash of sky blue for good measure. There were leaf-print cargo pants, half-tucked-in crumpled linen shirts, artfully misaligned jackets and witty bags that served as harnesses for a single plate, to drive home the new reality of social distancing.
Single-pleat fronted trousers came worn with shirts decorated with images of pitchers, bowls and other symbols of home life, while another shirt was strewn with the familiar squiggles of Spanish Surrealist, Joan Miro.
The women's pieces delivered a pair of ultra-high waisted trousers (stopping somewhere mid-ribcage) and a simple sheath dress that ballooned out from below the hip in crisp white.
Louis Vuitton cruise 2021
Creative director Nicolas Ghesquiere, and by default Louis Vuitton, delivered a dual collection that looked back as well as forward, revisiting past hits as well as introducing new ideas.
Most notably, the flashbacks came as frilled collars now over planetary-patterned jackets, as soft jersey jumpsuits, and on pin-tucked blouses. Rolled-up trousers and stripy leggings lent an easy, everyday feel to tougher pieces, such as tightly belted funnel-neck jackets worn with pumps, or wool and glossy-leather swing coats.
Working around the theme of a pack of cards, the four suits popped up across bags, including zip-top clutches, flap-fronted pieces and best of all, a shoulder strap bag in the shape of fanned cards.
With Ghesquiere's knack for plugging into the mood of his customers, these are guaranteed to be bestsellers.
Maison Margiela haute couture autumn / winter 2020
The ever unpredictable genius that is designer John Galliano released the latest Maison Margiela couture offering not as a show, but as a 50-minute film made in conjunction with fashion photographer Nick Knight.
Part show, part documentary, it follows the complex and intense process of creating a couture collection – from Galliano chatting with his studio team, to the skill of the atelier in actually making the pieces a reality. Here, too, nostalgia came into play, with Galliano looking back to the theatrical days of the New Romantics in 1980s London, where cash-strapped clubbers spent the week making looks to be worn on the dance floor at Blitz nightclub.
As is Galliano’s skill, he wove that storytelling and sense of handmade into this collection, making it about the pure romanticism of dressing up as an antidote to the grim reality of the present day.
Delivering veiled models in wispy bias-cut dresses worn under skilfully deconstructed jackets, this was a beautiful insight into one of fashion's most brilliant (if controversial) minds, and a showcase for his unmatched skill in cutting. Whether or not you are drawn to the clothes, anyone with even a passing interest in fashion would do well to watch this film.
Gucci cruise 2021
Another brand demanding a long attention span was Gucci, as it turned its cruise show into 12 non-stop hours of backstage live streaming. Predictably, not much happened for large chunks of the footage, but when the "show" finally arrived, it was both the debut of the collection and the advertising campaign for it.
Called Epilogue, the whole event carried a wonderful twist, in that the clothes were shown not on models, but on the Gucci team that actually designed them. The all-too-often anonymous studio team, who work long and hard to bring creative director Alessandro Michele's vision to life, were taken from the shadows and put front and centre.
On the final images, Post-It notes explain the name and role of each person, so we get to see the team clad in psychedelic florals and geometric prints, with belts, hats, sunglasses and, of course, bags.
Intimate and inviting, it worked to bring the viewers into the Gucci family and put faces to the different departments, while sparking the chicken-and-egg question: Is Michele inspired by his somewhat nerdy-looking team? Or has his team evolved to embrace his nerdy aesthetic? What a fabulous conundrum.
Salvatore Ferragamo resort 2021
Designer Paul Andrew deliberately chose to shoot this collection on a beach and in the sunshine, as a counterbalance to the weeks of confinement everyone has struggled with.
Offering both men's and women's pieces, as with the Jacquemus collection, this, too, is bright, light and utterly effortless. Highlights include a pencil skirt cut from natural linen and teamed with a zip-up bomber jacket the colour of toffee. Flat-front trousers in dove grey with a two-tone short-sleeved shirt also stood out, along with a long coat in parchment-coloured cotton, with press stud side vents.
All so simple, so crisp and so perfectly wearable, its true beauty is the lack of razzmatazz, leaving good-quality, well-cut materials, to speak, instead.
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PROFILE OF STARZPLAY
Date started: 2014
Founders: Maaz Sheikh, Danny Bates
Based: Dubai, UAE
Sector: Entertainment/Streaming Video On Demand
Number of employees: 125
Investors/Investment amount: $125 million. Major investors include Starz/Lionsgate, State Street, SEQ and Delta Partners
The five new places of worship
Church of South Indian Parish
St Andrew's Church Mussaffah branch
St Andrew's Church Al Ain branch
St John's Baptist Church, Ruwais
Church of the Virgin Mary and St Paul the Apostle, Ruwais
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%3Cp%3EAverage%20amount%20of%20biofuel%20produced%20at%20DIC%20factory%20every%20month%3A%20%3Cstrong%3EApproximately%20106%2C000%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EAmount%20of%20biofuel%20produced%20from%201%20litre%20of%20used%20cooking%20oil%3A%20%3Cstrong%3E920ml%20(92%25)%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3ETime%20required%20for%20one%20full%20cycle%20of%20production%20from%20used%20cooking%20oil%20to%20biofuel%3A%20%3Cstrong%3EOne%20day%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EEnergy%20requirements%20for%20one%20cycle%20of%20production%20from%201%2C000%20litres%20of%20used%20cooking%20oil%3A%3Cbr%3E%3Cstrong%3E%E2%96%AA%20Electricity%20-%201.1904%20units%3Cbr%3E%E2%96%AA%20Water-%2031%20litres%3Cbr%3E%E2%96%AA%20Diesel%20%E2%80%93%2026.275%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A
'Unrivaled: Why America Will Remain the World’s Sole Superpower'
Michael Beckley, Cornell Press
THE SPECS
Engine: Four-cylinder 2.5-litre
Transmission: Seven-speed auto
Power: 165hp
Torque: 241Nm
Price: Dh99,900 to Dh134,000
On sale: now
Global state-owned investor ranking by size
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Canada
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Dhadak 2
Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5
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.”
UAE currency: the story behind the money in your pockets
In-demand jobs and monthly salaries
- Technology expert in robotics and automation: Dh20,000 to Dh40,000
- Energy engineer: Dh25,000 to Dh30,000
- Production engineer: Dh30,000 to Dh40,000
- Data-driven supply chain management professional: Dh30,000 to Dh50,000
- HR leader: Dh40,000 to Dh60,000
- Engineering leader: Dh30,000 to Dh55,000
- Project manager: Dh55,000 to Dh65,000
- Senior reservoir engineer: Dh40,000 to Dh55,000
- Senior drilling engineer: Dh38,000 to Dh46,000
- Senior process engineer: Dh28,000 to Dh38,000
- Senior maintenance engineer: Dh22,000 to Dh34,000
- Field engineer: Dh6,500 to Dh7,500
- Field supervisor: Dh9,000 to Dh12,000
- Field operator: Dh5,000 to Dh7,000
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
The biog:
From: Wimbledon, London, UK
Education: Medical doctor
Hobbies: Travelling, meeting new people and cultures
Favourite animals: All of them
THE 12 BREAKAWAY CLUBS
England
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur
Italy
AC Milan, Inter Milan, Juventus
Spain
Atletico Madrid, Barcelona, Real Madrid
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5