Daniel Lee led the revival of Italian brand Bottega Veneta. Photo: Bottega Veneta
Daniel Lee led the revival of Italian brand Bottega Veneta. Photo: Bottega Veneta
Daniel Lee led the revival of Italian brand Bottega Veneta. Photo: Bottega Veneta
Daniel Lee led the revival of Italian brand Bottega Veneta. Photo: Bottega Veneta

Burberry names Daniel Lee as new creative head in major shake-up


  • English
  • Arabic

Daniel Lee, the British designer best known for breathing new life into Bottega Veneta, will replace Riccardo Tisci as creative director at Burberry.

Italian designer Tisci has held the position at the British house since 2018 and has been widely credited with steering it in a new direction, introducing a new streetwear element that has done well in menswear. However, with the arrival of new Burberry chief executive Jonathan Akeroyd, a shake-up has long been rumoured. And now it has been confirmed that Lee will take over the house from Monday.

"After almost five years, Riccardo Tisci has decided to step down as chief creative officer and leave Burberry at the end of this month. His spring/summer 2023 collection, presented this week in London, was his last for Burberry," the brand posted on social media.

Tisci's spring/summer 2023 collection had been postponed after the death of Queen Elizabeth II and finally took place, sandwiched between the end of Milan Fashion Week and the start of Paris Fashion Week.

Themed on the concept of the beach and the life that evolves around that, while bristling with colour and stripes, the collection felt more akin to the resort collections that thrive in Europe and the Middle East, thanks to better weather, rather than being a show that spoke to Burberry's customers.

Lee, 36, was appointed creative director of the storied Italian house Bottega Veneta in July 2018.

He led the revival of the brand, reworking house styles, but in soft, sensual shapes. Bags and accessories became slouchy and immensely tactile, as clothes became younger and more directional. However, in April last year, he was investigated for possible infringement of social-distancing regulations with regard to an after-party and in November, his departure from the brand was announced as a "joint decision."

With the new appointment, he once again steps into the helm of a major fashion house, with all eyes now on him to see what he can do at Burberry.

  • Bella Hadid walks the runway during the Burberry autumn/winter 2022 fashion show on March 11 in London. All photos: Getty Images
    Bella Hadid walks the runway during the Burberry autumn/winter 2022 fashion show on March 11 in London. All photos: Getty Images
  • The other Hadid model sister, Gigi, also walked the runway.
    The other Hadid model sister, Gigi, also walked the runway.
  • Russian model Irina Shayk walks the runway.
    Russian model Irina Shayk walks the runway.
  • Burberry returned to live fashion shows after two years of pandemic-induced absence.
    Burberry returned to live fashion shows after two years of pandemic-induced absence.
  • Burberry's chief creative officer, Riccardo Tisci, took over a church in central London for the show.
    Burberry's chief creative officer, Riccardo Tisci, took over a church in central London for the show.
  • The fashion show was a celebration of Britishness.
    The fashion show was a celebration of Britishness.
  • The fashion house behind the famous check pattern took over the imposing edifice of Central Hall Westminster.
    The fashion house behind the famous check pattern took over the imposing edifice of Central Hall Westminster.
  • Models showed off the autumn/winter 2022 collection to the sounds of the London Contemporary Orchestra and around 100 choristers.
    Models showed off the autumn/winter 2022 collection to the sounds of the London Contemporary Orchestra and around 100 choristers.
  • The company has undergone a lot of changes with the departure of chief executive Marco Gobbetti, his replacement by Jonathan Akeroyd and a 'lot of Covid'.
    The company has undergone a lot of changes with the departure of chief executive Marco Gobbetti, his replacement by Jonathan Akeroyd and a 'lot of Covid'.
  • Tisci says it was important for him to explore what it means to belong, 'how our roots influence our identity'.
    Tisci says it was important for him to explore what it means to belong, 'how our roots influence our identity'.
  • Models came down stairs and walked among those attending before climbing onto tables specially laid with crockery and cutlery for the occasion.
    Models came down stairs and walked among those attending before climbing onto tables specially laid with crockery and cutlery for the occasion.
  • Celebrities including Kate Moss, Naomi Campbell and Adam Driver were in attendance.
    Celebrities including Kate Moss, Naomi Campbell and Adam Driver were in attendance.
  • A model walks in a pale pink dress.
    A model walks in a pale pink dress.
  • Burberry's iconic trench coat was augmented with chains, worn as a dress or printed with trompe l'oeil images.
    Burberry's iconic trench coat was augmented with chains, worn as a dress or printed with trompe l'oeil images.
  • The show presented both womens and mens collection.
    The show presented both womens and mens collection.
  • The new collection is a unique fusion of Britishness that honours the beauty of the past.
    The new collection is a unique fusion of Britishness that honours the beauty of the past.
  • Burberry skipped last month's London Fashion Week.
    Burberry skipped last month's London Fashion Week.
  • The audience sat in the dark in a dramatic setting for the show.
    The audience sat in the dark in a dramatic setting for the 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

TECH%20SPECS%3A%20APPLE%20WATCH%20SERIES%209
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2041mm%20%E2%80%93%20352%20x%20430%3B%2045mm%20%E2%80%93%20396%20x%20484%3B%20always-on%20Retina%20LTPO%20OLED%2C%202000%20nits%20max%3B%20Ion-X%20glass%20(aluminium%20cases)%2C%20sapphire%20crystal%20(stainless%20steel%20cases)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20S9%2064-bit%2C%20W3%20wireless%2C%202nd-gen%20Ultra%20Wideband%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECapacity%3A%3C%2Fstrong%3E%2064GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%201GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20watchOS%2010%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EHealth%20metrics%3A%3C%2Fstrong%3E%20Blood%20oxygen%20sensor%2C%20electrical%20heart%20sensor%20and%20ECG%2C%203rd-gen%20optical%20heart%20sensor%2C%20high%20and%20low%20heart%20rate%20notifications%2C%20irregular%20rhythm%20notifications%2C%20sleep%20stages%2C%20temperature%20sensing%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EEmergency%20services%3A%3C%2Fstrong%3E%20Emergency%20SOS%2C%20international%20emergency%20calling%2C%20crash%20detection%2C%20fall%20detection%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20GPS%2FGPS%20%2B%20cellular%3B%20Wi-Fi%2C%20LTE%2C%20Bluetooth%205.3%2C%20NFC%20(Apple%20Pay)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDurability%3A%3C%2Fstrong%3E%20IP6X%2C%20water%20resistant%20up%20to%2050m%2C%20dust%20resistant%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%20308mAh%20Li-ion%2C%20up%20to%2018h%20regular%2F36h%20low%20power%3B%20wireless%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECards%3A%3C%2Fstrong%3E%20eSIM%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFinishes%3A%3C%2Fstrong%3E%20Aluminium%20%E2%80%93%20midnight%2C%20pink%2C%20Product%20Red%2C%20silver%2C%20starlight%3B%20stainless%20steel%20%E2%80%93%20gold%2C%20graphite%2C%20silver%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20Watch%20Series%209%2C%20woven%20magnetic-to-USB-C%20charging%20cable%2C%20band%2Floop%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20Starts%20at%20Dh1%2C599%20(41mm)%20%2F%20Dh1%2C719%20(45mm)%3C%2Fp%3E%0A
Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
AL%20BOOM
%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BDirector%3AAssad%20Al%20Waslati%26nbsp%3B%3C%2Fp%3E%0A%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%0DStarring%3A%20Omar%20Al%20Mulla%2C%20Badr%20Hakami%20and%20Rehab%20Al%20Attar%0D%3Cbr%3E%0D%3Cbr%3EStreaming%20on%3A%20ADtv%0D%3Cbr%3E%0D%3Cbr%3ERating%3A%203.5%2F5%0D%3Cbr%3E%0D%3Cbr%3E%3C%2Fp%3E%0A
The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

Updated: September 28, 2022, 12:11 PM