• In an ode to Paris, several looks at the Dior autumn/winter 2023 show were made from fabric printed with a street map of the city. EPA
    In an ode to Paris, several looks at the Dior autumn/winter 2023 show were made from fabric printed with a street map of the city. EPA
  • Creative director Maria Grazia Chiuri offered 1950s-style dresses now made in modern, technical fabrics. EPA
    Creative director Maria Grazia Chiuri offered 1950s-style dresses now made in modern, technical fabrics. EPA
  • Dior leaned into its tailoring expertise to update 1950s shapes for a new audience. EPA
    Dior leaned into its tailoring expertise to update 1950s shapes for a new audience. EPA
  • Full skirts and full skirted coats at Dior. Getty Images
    Full skirts and full skirted coats at Dior. Getty Images
  • Classic 1950s silhouettes were revisited in a variety of patterned fabrics at Dior. Getty Images
    Classic 1950s silhouettes were revisited in a variety of patterned fabrics at Dior. Getty Images
  • Dior opened with a simple white shirt tucked into a pencil skirt. Getty Images
    Dior opened with a simple white shirt tucked into a pencil skirt. Getty Images
  • Over at Saint Laurent, 1980s power suits were the inspiration. Getty Images
    Over at Saint Laurent, 1980s power suits were the inspiration. Getty Images
  • The entire collection leaned heavily into the era's power-dressing styles. Getty Images
    The entire collection leaned heavily into the era's power-dressing styles. Getty Images
  • Pussy-bow blouses extended into trains at Saint Laurent. Getty Images
    Pussy-bow blouses extended into trains at Saint Laurent. Getty Images
  • A chiffon top trailing down to the floor at Saint Laurent. Getty Images
    A chiffon top trailing down to the floor at Saint Laurent. Getty Images
  • Wool wraps covered the body at Saint Laurent. Getty Images
    Wool wraps covered the body at Saint Laurent. Getty Images
  • Many looks came with oversized shoulders at Saint Laurent. Getty Images
    Many looks came with oversized shoulders at Saint Laurent. Getty Images
  • Leather and pencil skirts at Saint Laurent. Getty Images
    Leather and pencil skirts at Saint Laurent. Getty Images
  • The collection focused heavily on practical, structured separates. Getty Images
    The collection focused heavily on practical, structured separates. Getty Images

Paris Fashion Week: Dior and Saint Laurent make a strong and practical start


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Paris Fashion Week has opened with shows from two of the biggest names in the industry.

At Dior, creative director Maria Grazia Chiuri looked back at the history of the house she now leads, turning to the 1950s, when Christian Dior was still at the helm. Chiuri chose three women who were prominent during that era as muses for this latest collection — French singers Edith Piaf and Juliette Greco, and Christian's sister, Catherine, who was a member of the French Resistance during the Second World War War and who survived being imprisoned by the Gestapo in Ravensbruck women's concentration camp.

A trench coat and beret at Christian Dior's autumn/winter 2023 show in Paris. AFP
A trench coat and beret at Christian Dior's autumn/winter 2023 show in Paris. AFP

Chuiri resurrected classic 1950s silhouettes, now made with modern, technical materials. Opening the show was a beautifully simple white shirt, half undone, and teamed with a sleek black pencil skirt. Finishing the look were leather opera gloves, sheer ankle socks and pointed, ankle-strap pumps.

With customers worldwide expressing a desire for simple, practical pieces that will stand the test of time, the collection was pared-back and streamlined, both in terms of pieces on offer and the outlines, yet remained wonderfully, elegantly chic.

Fabrics were woven and boned with invisible metal to allow garments to be moulded for the perfect fit while providing a charmingly crumpled feel that looked artfully undone and lived in, like treasured pieces worn again and again.

The 1950s-inspired shapes continued as pencil skirts and full skirts, arriving without the rigid boning of the originals, instead cut to be looser, lighter and far less formal, echoing the need for comfort in the modern world. Many dresses and skirts were covered with differing blurred, hazy patterns, such as flowers seen through mesh or street maps of Paris — the city the house helped to make one of the fashion capitals of the world.

Saint Laurent

The Saint Laurent womenswear autumn/winter 2023 show. Getty Images
The Saint Laurent womenswear autumn/winter 2023 show. Getty Images

Over at Saint Laurent, meanwhile, creative director Anthony Vaccarello delivered a very different take on autumn/winter dressing. The collection also paid homage to eras past, but the inspiration for it was the ostentatious power-dressing of the 1980s.

The entire collection was created around the same exaggerated shoulder outline, offered in different combinations and fabrics. A single or double-breasted jacket with oversized shoulders was teamed with either over-the-knee thigh-split skirts or super-skinny trousers. A leather blouson jacket in equally outlandish proportions, dragged in one hand down the runway, offered some variation.

Although similar at first glance, as is typical of Vaccerello at Saint Laurent, the devil was in the detail. From black-on-black pinstripe to Harris tweed and tartan, constant shifts in fabric offered variation to the collection. Tops worn underneath jackets were made in plain silk scooped low in the front, or as sheer pussy-bow blouses featuring chiffon scarves that trailed down the back.

While the collection may have centered on the practicality of the suit, it still offered plenty of evening glam inspiration. Models were styled with slicked-back hair, dark glasses, huge hoop earrings and spike-heel pumps — taking office wear from day to night. Interestingly, there was only one dress (by my count, at least), made in elegantly draped chiffon.

The collection was very singular in its message, but working to one theme is one of Vaccarello's strengths — he can inhabit an idea so completely there is no need for anything else. Those who love fitted skirts and skin-tight trousers — as many Saint Laurent customers do — will love this collection.

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Why are asylum seekers being housed in hotels?

The number of asylum applications in the UK has reached a new record high, driven by those illegally entering the country in small boats crossing the English Channel.

A total of 111,084 people applied for asylum in the UK in the year to June 2025, the highest number for any 12-month period since current records began in 2001.

Asylum seekers and their families can be housed in temporary accommodation while their claim is assessed.

The Home Office provides the accommodation, meaning asylum seekers cannot choose where they live.

When there is not enough housing, the Home Office can move people to hotels or large sites like former military bases.

HIJRA

Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy

Director: Shahad Ameen

Rating: 3/5

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.”

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Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

Updated: March 01, 2023, 1:23 PM