• At Gucci's Milan Fashion Week show on day three, it was a mix of old and new for autumn/winter 2023. Getty Images
    At Gucci's Milan Fashion Week show on day three, it was a mix of old and new for autumn/winter 2023. Getty Images
  • There were flourishes of ex-creative director Alessandro Michele throughout the show. Getty Images
    There were flourishes of ex-creative director Alessandro Michele throughout the show. Getty Images
  • An oversized, shaggy coat at Gucci. Reuters
    An oversized, shaggy coat at Gucci. Reuters
  • There was an influx of simple separates at Gucci. Reuters
    There was an influx of simple separates at Gucci. Reuters
  • An asymmetric collar and faux fur cuffs at Gucci. Reuters
    An asymmetric collar and faux fur cuffs at Gucci. Reuters
  • A coat made of strips of metal beading at Gucci. AFP
    A coat made of strips of metal beading at Gucci. AFP
  • Exaggerated hips at Gucci. AFP
    Exaggerated hips at Gucci. AFP
  • An oversized coat and long fluid trousers at Loro Piana for autumn/winter 2023. Photo: Loro Piana
    An oversized coat and long fluid trousers at Loro Piana for autumn/winter 2023. Photo: Loro Piana
  • A languid suit in rich chocolate at Loro Piana. Photo: Loro Piana
    A languid suit in rich chocolate at Loro Piana. Photo: Loro Piana
  • Loro Piana is known for using only the finest wool, vicuna and cashmere in the world. Photo: Loro Piana
    Loro Piana is known for using only the finest wool, vicuna and cashmere in the world. Photo: Loro Piana
  • Fine wool dresses came with matching leggings at Loro Piana. Photo: Loro Piana
    Fine wool dresses came with matching leggings at Loro Piana. Photo: Loro Piana
  • A fluid coat and pantaloon leggings at Loro Piana. Photo: Loro Piana
    A fluid coat and pantaloon leggings at Loro Piana. Photo: Loro Piana
  • At Sportmax, an oversized suit was held closed with fasteners for autumn/winter 2023. AFP
    At Sportmax, an oversized suit was held closed with fasteners for autumn/winter 2023. AFP
  • Oversized tailoring at the Sportmax show. Getty Images
    Oversized tailoring at the Sportmax show. Getty Images
  • Knotting and draping were prevalent at Sportmax. Getty Images
    Knotting and draping were prevalent at Sportmax. Getty Images
  • A drape-fronted metallic dress at Sportmax. Getty Images
    A drape-fronted metallic dress at Sportmax. Getty Images

Milan Fashion Week: Masterclasses by Gucci and Loro Piana bring the house down


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The big ticket show on day three of Milan Fashion Week was undoubtedly Gucci — the house's first since the shock departure of creative director Alessandro Michele in November — and celebrity fans were out in full force in a show of support.

American rapper A$AP Rocky, Italian band Maneskin and Chinese actor Xiao Zhan were among those in attendance — the latter even drew in his own crowd of admirers, with some holding welcome banners outside.

In a space transformed into a 1960s-style pad, with sunken seating and ceiling windows, Gucci presented a collection that was light and bohemian.

A$AP Rocky, centre, with the four-piece group Maneskin at Gucci's autumn/winter show in Milan. Getty Images
A$AP Rocky, centre, with the four-piece group Maneskin at Gucci's autumn/winter show in Milan. Getty Images

Michele’s presence was felt throughout the collection (he would have been halfway through creating it when he left). A coat covered in swaying fringes of silver beads, a bright pink faux fur coat and a sheer lace dress worn with neon underwear had his famed touch, but the overall collection signalled a simpler, lighter direction for the house. Gone were the heavy pattern clashing and jewellery looks that Michele pioneered, replaced instead with block colours, simple separates and classic masculine suiting. The collection felt like a midpoint between Michele’s past and Gucci’s future, under the new leadership of soon-to-arrive creative director Sabato De Sarno.

In the absence of a creative head to lead the customary bow, all 30 members of the design studio appeared on the runway, and if the thunderous standing ovation was anything to go by, things are looking good for the days ahead at Gucci.

Loro Piana

At Loro Piana, changes were afoot as the Italian luxury house showed its men’s and women's collections together for the first time. In a presentation, rather than a show, it allowed visitors to get up close and personal with the clothes on offer. Piana is hailed for its use of the finest cashmere, vicuna and wool in the world, and the showcase allowed for these materials to be appreciated in all their glory.

The clothes were soft and enveloping, such as a wrap-fronted shearling jacket with an oversized collar, or a double-faced wool coat that flowed from the shoulders, mixed in with relaxed tailoring. There were suits in slate grey and rich chocolate, the latter with wide legs that pooled around the shoes, while pleated dresses arrived worn with matching leggings underneath. More leggings appeared in ribbed wool as loose as pantaloons, before snatching in around the calves, worn with soft polo necks under exquisite coating. Laid-back, languid, and beautiful, this is how winter dressing is meant to be.

Sportmax

Feather fringing at Sportmax. Getty Images
Feather fringing at Sportmax. Getty Images

At Sportmax, there was more tailoring by way of oversized suits in creamy buttermilk, contrasted against skirts, dresses and tops that seemingly twisted around the body.

Draping and knotting was a clear theme, with the asymmetric neck of a cream leather mini dress extended and flung over one shoulder like a scarf, while other dresses were made of pieces of fabric held together with knots. A metallic gold dress, meanwhile, came with a draped front.

A moment of rigidity came via a starched corset holding up a fluid skirt with the clips normally seen on men’s braces. Meanwhile, sleeves were elongated, at times almost to the floor, and long fringing ran down the backs of sleeves and hems. The collection was a bit mismatched at times, however, what came through was the skill and technique of the house (this is a little sister to Max Mara, after all), which was flawless.

MATCH INFO

Qalandars 109-3 (10ovs)

Salt 30, Malan 24, Trego 23, Jayasuriya 2-14

Bangla Tigers (9.4ovs)

Fletcher 52, Rossouw 31

Bangla Tigers win by six wickets

Essentials

The flights
Whether you trek after mountain gorillas in Rwanda, Uganda or the Congo, the most convenient international airport is in Rwanda’s capital city, Kigali. There are direct flights from Dubai a couple of days a week with RwandAir. Otherwise, an indirect route is available via Nairobi with Kenya Airways. Flydubai flies to Kinshasa in the Democratic Republic of Congo, via Entebbe in Uganda. Expect to pay from US$350 (Dh1,286) return, including taxes.
The tours
Superb ape-watching tours that take in all three gorilla countries mentioned above are run by Natural World Safaris. In September, the company will be operating a unique Ugandan ape safari guided by well-known primatologist Ben Garrod.
In the Democratic Republic of Congo, local operator Kivu Travel can organise pretty much any kind of safari throughout the Virunga National Park and elsewhere in eastern Congo.

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

THE BIO

Born: Mukalla, Yemen, 1979

Education: UAE University, Al Ain

Family: Married with two daughters: Asayel, 7, and Sara, 6

Favourite piece of music: Horse Dance by Naseer Shamma

Favourite book: Science and geology

Favourite place to travel to: Washington DC

Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.

RESULT

Bayer Leverkusen 2 Bayern Munich 4
Leverkusen:
 Alario (9'), Wirtz (89')
Bayern: Coman (27'), Goretzka (42'), Gnabry (45'), Lewandowski (66')

AIDA%20RETURNS
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ECarol%20Mansour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EAida%20Abboud%2C%20Carol%20Mansour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5.%2F5%3C%2Fp%3E%0A
While you're here
The biog

Hometown: Birchgrove, Sydney Australia
Age: 59
Favourite TV series: Outlander Netflix series
Favourite place in the UAE: Sheikh Zayed Grand Mosque / desert / Louvre Abu Dhabi
Favourite book: Father of our Nation: Collected Quotes of Sheikh Zayed bin Sultan Al Nahyan
Thing you will miss most about the UAE: My friends and family, Formula 1, having Friday's off, desert adventures, and Arabic culture and people
 

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

Play-off fixtures

Two-legged ties to be played November 9-11 and November 12-14

 

  • Northern Ireland v Switzerland
  • Croatia v Greece
  • Denmark v Ireland
  • Sweden v Italy
Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Astra%20Tech%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EMarch%202022%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EAbdallah%20Abu%20Sheikh%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20technology%20investment%20and%20development%3Cbr%3E%3Cstrong%3EFunding%20size%3A%3C%2Fstrong%3E%20%24500m%3C%2Fp%3E%0A
What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

Yuki Means Happiness
Alison Jean Lester
John Murray 

Fatherland

Kele Okereke

(BMG)

THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5

The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

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 Laughing Apple

Yusuf/Cat Stevens

(Verve Decca Crossover)

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
Kanye%20West
%3Cp%3EYe%20%E2%80%94%20the%20rapper%20formerly%20known%20as%20Kanye%20West%20%E2%80%94%20has%20seen%20his%20net%20worth%20fall%20to%20%24400%20million%20in%20recent%20weeks.%20That%E2%80%99s%20a%20precipitous%20drop%20from%20Bloomberg%E2%80%99s%20estimates%20of%20%246.8%20billion%20at%20the%20end%20of%202021.%3Cbr%3EYe%E2%80%99s%20wealth%20plunged%20after%20business%20partners%2C%20including%20Adidas%2C%20severed%20ties%20with%20him%20on%20the%20back%20of%20anti-Semitic%20remarks%20earlier%20this%20year.%3Cbr%3EWest%E2%80%99s%20present%20net%20worth%20derives%20from%20cash%2C%20his%20music%2C%20real%20estate%20and%20a%20stake%20in%20former%20wife%20Kim%20Kardashian%E2%80%99s%20shapewear%20firm%2C%20Skims.%3C%2Fp%3E%0A
The bio

Favourite food: Japanese

Favourite car: Lamborghini

Favourite hobby: Football

Favourite quote: If your dreams don’t scare you, they are not big enough

Favourite country: UAE

Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ETuhoon%0D%3Cbr%3E%3Cstrong%3EYear%20started%3A%20%3C%2Fstrong%3EJune%202021%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%20%3C%2Fstrong%3EFares%20Ghandour%2C%20Dr%20Naif%20Almutawa%2C%20Aymane%20Sennoussi%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Ehealth%20care%0D%3Cbr%3E%3Cstrong%3ESize%3A%20%3C%2Fstrong%3E15%20employees%2C%20%24250%2C000%20in%20revenue%0D%3Cbr%3EI%3Cstrong%3Envestment%20stage%3A%20s%3C%2Fstrong%3Eeed%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EWamda%20Capital%2C%20Nuwa%20Capital%2C%20angel%20investors%3C%2Fp%3E%0A
How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

The Baghdad Clock

Shahad Al Rawi, Oneworld

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The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

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

Titanium Escrow profile

Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue  
Stage: Early stage
Investors: Founder's friends and Family

Updated: February 25, 2023, 7:14 AM