It is rare that a couture house is better known for what it does today than what it did a century ago. Dior, Chanel and Balenciaga are among the famous Parisian fashion labels to tap into their significant couture heritage to validate what they do now. However, Elsa Schiaparelli, who founded her maison in 1927 and shuttered it in 1954 after accruing large debts, is far less well-known.
Having lain dormant for 60 years, Schiaparelli was relaunched amid much excitement in 2012 by Italian fashion tycoon Diego Della Valle, chairman of Tod’s Group. Fabled guest designer Christian Lacroix was enlisted to create the initial collection, which was presented in Schiaparelli’s lovingly restored headquarters at 21, Place Vendome.
However, it wasn’t until American singer Lady Gaga appeared in a spectacular custom-designed outfit to sing at President Biden’s inauguration that the Schiaparelli name truly registered on the radar of anyone outside the fashion world. The designer of that dress was Texan Daniel Roseberry, the thoughtful, quietly spoken son of an Anglican minister who was appointed creative director of the house of Schiaparelli in April 2019.
Schiaparelli was a competitor of Gabrielle Chanel and one of the most revered fashion names in the first half of the 20th century. Her pioneering collaborations included tie-ups with surrealist artists such as Jean Cocteau, Man Ray and Salvador Dali. Her use of “shocking” pink and witty details including the shoe hat, lobster dress, trompe d’oeil tear dress and chest of drawer pocket details on tailoring are examples of her irreverent design vocabulary. These relationships are explored in Shocking! The Surreal World of Elsa Schiaparelli, an exhibition at the Musee des Arts Decoratifs in Paris that opened this summer and will run until January 22.
In only 25 years, Schiaparelli turned fashion into a natural expression of the avant garde. She embodied the vision of a bright and vibrant Paris, curious about everything and enjoying each novelty that came her way. In November 1934, Harper’s Bazaar pronounced her to be “the most daring and original talent in the French dressmaking world … with volcanic energy and a fantastically fecund sense of modern invention”.
When she died in 1973, Cristobal Balenciaga proclaimed her “the only real artist in couture”. Yves Saint Laurent similarly observed: “When she died, chic closed her eyes.”
Schiaparelli was not just a dressmaker, she was “a brand maker”, explains Roseberry, sitting in the almost bare white studio overlooking the bustling Place Vendome where he spent the weekends during the pandemic sketching alone, in what at the time felt like an abandoned city. He realises, in hindsight, that it was a privilege and an incredibly inspiring time to think about her heritage, almost as if the ghost of Schiaparelli was looking over his shoulder.
“Her legacy is incredibly modern — the house is complicated because her work is specific and singular, but is still very relevant today,” Roseberry says, pointing out that relaunches of storied houses don’t always work. Like Vionnet, he suggests, who created a methodology about how to cut a garment rather than a lasting vision.
Roseberry believes the exhibition at the Musee des Arts Decoratifs lays bare “Elsa’s contribution to fashion — she was the first person to cross fashion with pop culture, but with artists that were the pop culture of that time”.
In a contemporary world, the creative dialogue between fashion and art has become almost commonplace, but Schiaparelli was the first to start that conversation. Perhaps because of her background, she was drawn into the bohemian world of artists.
An aristocrat, she grew up in a Baroque palace in Italy surrounded by Italian renaissance and classical antiquity and, intellectually, that went on to be reflected in her collections. Her father was an academic who specialised in the Islamic world and Middle Ages, while her uncle was a renowned astronomer. Schiaparelli, therefore, felt far more comfortable in the company of artists than in the Parisian “society” of her time.
She was an outsider, something that Roseberry can relate to coming to Paris as a little-known designer from Texas, who had spent 11 years working in New York at Thom Browne, a designer who himself likes to play with surrealist concepts. “I can see that there is a freedom to being an outsider that gives you permission to play by the rules or not,” Roseberry says. “I think there is something about this outsider’s perspective, where mastering something that you were not raised with gives you a different perspective.”
The house has given him the freedom to be himself, and while constantly linking back to Schiaparelli, “there are also things that are uniquely and personally mine”, Roseberry says.
He initially launched into her madcap world with moulded tailoring and an evaluation of how he would approach the figure, something that has been part of his creative process since enrolling for life drawing classes at the age of 16. This focus on silhouette also relates to the famous hourglass body of Schiaparelli’s signature perfume bottle for Shocking, with a tape measure creating a trompe l’oeil detail that Roseberry has since reproduced on jackets.
However, it is the eye-catching jewellery featuring parts of the anatomy that has made people sit up and notice. His gold body castings, he admits, caused a visceral reaction in the fashion world. Referencing the oversized gilded jewellery of the 1930s, 1970s and 1980s, they include cast ears, eyes, teeth and nose jewellery, gold toes on black shoes and lung necklaces, which Bella Hadid famously wore with a scooped neckline dress to the Cannes Film Festival last year. They were the first surrealist tropes that could live in a modern environment — however, he is conscious that the joke can wear thin, so expect something fresh and different in seasons to come.
Overall, Roseberry has taken a very restrained approach to the extraordinary legacy that Elsa Schiaparelli left behind.
“It’s about wearing the heritage in the archives very lightly because they can become a great burden, I think. Visually they are so striking and so specific and it’s not even silhouette driven, it’s even more specific than that,” explains Roseberry.
He wants to rouse the same thrill at seeing something new that Schiaparelli did in her day, without endlessly mimicking her work. “I don’t think that is what she would have wanted today.” The exhibition features not only Schiaparelli’s archives, but also the work of designers such as Azzedine Alaia and John Galliano, who were inspired by the couturier, and of course pieces from Roseberry’s collections, including autumn/winter 2022, which featured the black velvet corset and pants with hand-painted flowers that Cate Blanchett wore to the Venice Film Festival last month, and Lady Gaga’s famous inauguration outfit.
Roseberry has only been at Schiaparelli three years, but beyond Lady Gaga, he has chalked up several memorable red carpet moments with stars such as Adele, Cardi B, Maggie Gyllenhaal and Carey Mulligan. His personal favourite looks were Lady Gaga and Bella Hadid’s, along with the leather body-conscious dress Beyonce wore the night she set the record for the most Grammys won by a singer.
“I am so honoured to be part of that,” Roseberry muses, but also describes the exhibition opening, sharing a platform with the great Elsa Schiaparelli, as a “mind-blowing moment that will go down in memory”. It has been a remarkable trajectory for the man from Texas.
How has net migration to UK changed?
The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.
It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.
The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.
The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.
Jiu-jitsu calendar of events for 2017-2018:
August 5:
Round-1 of the President’s Cup in Al Ain.
August 11-13:
Asian Championship in Vietnam.
September 8-9:
Ajman International.
September 16-17
Asian Indoor and Martial Arts Games, Ashgabat.
September 22-24:
IJJF Balkan Junior Open, Montenegro.
September 23-24:
Grand Slam Los Angeles.
September 29:
Round-1 Mother of The Nation Cup.
October 13-14:
Al Ain U18 International.
September 20-21:
Al Ain International.
November 3:
Round-2 Mother of The National Cup.
November 4:
Round-2 President’s Cup.
November 10-12:
Grand Slam Rio de Janeiro.
November 24-26:
World Championship, Columbia.
November 30:
World Beach Championship, Columbia.
December 8-9:
Dubai International.
December 23:
Round-3 President’s Cup, Sharjah.
January 12-13:
Grand Slam Abu Dhabi.
January 26-27:
Fujairah International.
February 3:
Round-4 President’s Cup, Al Dhafra.
February 16-17:
Ras Al Khaimah International.
February 23-24:
The Challenge Championship.
March 10-11:
Grand Slam London.
March 16:
Final Round – Mother of The Nation.
March 17:
Final Round – President’s Cup.
GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
The lowdown
Badla
Rating: 2.5/5
Produced by: Red Chillies, Azure Entertainment
Director: Sujoy Ghosh
Cast: Amitabh Bachchan, Taapsee Pannu, Amrita Singh, Tony Luke
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
more from Janine di Giovanni
The%20Roundup
%3Cp%3EDirector%3A%20Lee%20Sang-yong%3Cbr%3EStars%3A%20Ma%20Dong-seok%2C%20Sukku%20Son%2C%20Choi%20Gwi-hwa%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A
What sanctions would be reimposed?
Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:
- An arms embargo
- A ban on uranium enrichment and reprocessing
- A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
- A targeted global asset freeze and travel ban on Iranian individuals and entities
- Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
Brown/Black belt finals
3pm: 49kg female: Mayssa Bastos (BRA) v Thamires Aquino (BRA)
3.07pm: 56kg male: Hiago George (BRA) v Carlos Alberto da Silva (BRA)
3.14pm: 55kg female: Amal Amjahid (BEL) v Bianca Basilio (BRA)
3.21pm: 62kg male: Gabriel de Sousa (BRA) v Joao Miyao (BRA)
3.28pm: 62kg female: Beatriz Mesquita (BRA) v Ffion Davies (GBR)
3.35pm: 69kg male: Isaac Doederlein (BRA) v Paulo Miyao (BRA)
3.42pm: 70kg female: Thamara Silva (BRA) v Alessandra Moss (AUS)
3.49pm: 77kg male: Oliver Lovell (GBR) v Tommy Langarkar (NOR)
3.56pm: 85kg male: Faisal Al Ketbi (UAE) v Rudson Mateus Teles (BRA)
4.03pm: 90kg female: Claire-France Thevenon (FRA) v Gabreili Passanha (BRA)
4.10pm: 94kg male: Adam Wardzinski (POL) v Kaynan Duarte (BRA)
4.17pm: 110kg male: Yahia Mansoor Al Hammadi (UAE) v Joao Rocha (BRA
LOVE%20AGAIN
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COMPANY PROFILE
● Company: Bidzi
● Started: 2024
● Founders: Akshay Dosaj and Asif Rashid
● Based: Dubai, UAE
● Industry: M&A
● Funding size: Bootstrapped
● No of employees: Nine
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.”
The specs
Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)
Tips for SMEs to cope
- Adapt your business model. Make changes that are future-proof to the new normal
- Make sure you have an online presence
- Open communication with suppliers, especially if they are international. Look for local suppliers to avoid delivery delays
- Open communication with customers to see how they are coping and be flexible about extending terms, etc
Courtesy: Craig Moore, founder and CEO of Beehive, which provides term finance and working capital finance to SMEs. Only SMEs that have been trading for two years are eligible for funding from Beehive.
UAE currency: the story behind the money in your pockets