McQueen, Hermes and a poignant tribute to Vivienne Westwood at Paris Fashion Week


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If fashion weeks are about disruption, then it was a busy day at Paris Fashion Week. In a rollercoaster of emotions, Vivienne Westwood's widower and co-designer delivered the first collection since her death in December; while Hermes leaned into elegant rebellion, and Coperni offered a glimpse of the future with robotic dogs on the runway.

Coperni

The designer duo at the French brand Coperni, Sebastien Meyer and Arnaud Vaillant, are proving to be dab hands at grabbing headlines at a crowded Paris Fashion Week.

Last season, the pair went viral for spray painting a dress on to model Bella Hadid, in a moment that wedded technology with fashion. This season, that narrative has continued, executed as another internet crashing moment: sending robot dogs down the runway.

The five cyber hounds, all apparently called Spot, are made by Boston Dynamics, a tech company that has publicly declared its robots and drones would never be weaponised. As the models walked, the robo-dogs, with unsettling glowing green eyes, wandered around finally interacting with their human companions, by coming face to face with one model, before helping her to take off her blanket coat, before handing it back to her.

Although this show was hardly the stuff of Skynet-dystopian nightmares, the arrival of robots on the runway certainly marks a new era for tech, that perhaps one day, just might replace us all.

Alexander McQueen

A knitted top and leather mini skirt by Alexander McQueen autumn/winter 2023. Photo: Alexander McQueen
A knitted top and leather mini skirt by Alexander McQueen autumn/winter 2023. Photo: Alexander McQueen

With a heritage of subversion and elegant rebellion, Alexander McQueen looked back to the core of the house for autumn/winter 2023. Founded in the tailored excellence of Saville Row, where founder Alexander Lee McQueen cut his fashion teeth, creative director Sarah Burton returned to this, as a timely reminder of the sharp cutting skills of the house. Quietly leaning into this exceptional know-how, Burton offered a parade of streamlined suits, crisp white shirts and pinstripe cloth reworked into strict dresses.

The soft marks of tailoring chalk made the stripes on a sharp-shouldered coat, while traditional pinstripe jackets were de- and then reconstructed into clever dresses.

There was soft leather, folded into the twisted neckline of a red, corset dress, and pushed into the supple folds of a drop-shouldered coat in purple. More tailoring appeared, as a black wool coat was taken apart and remade into a caped top, with a high collar reaching up past the jawline.

There were plenty of bugle beads to add some decadent sheen, as a fitted dress with a sensual cutout across the torso, and a silver dress with three-dimensional forms supposedly inspired by the anatomy drawing of Leonardo da Vinci. In a beautifully creepy twist, the sinuous shapes moving across the dress were jewelled versions of the muscles that lie under our skin.

Hermes

At Hermes for autumn/winter 2023, the famous Birkin bag was given a makeover with new straps. AP
At Hermes for autumn/winter 2023, the famous Birkin bag was given a makeover with new straps. AP

As one of fashion's outliers, Hermes has never concerned itself with chasing trends, and instead has always walked to the tune of its own song, except that now, of course, everyone else is catching up with this mischievous, independent thinking.

Against this backdrop, Hermes continues as before, with a show filled with soft, louche and beautifully relaxed wares in rich autumnal tones that slowly shifted from a russet red to taupe via bitter chocolate and ochre.

Using surfaces as a highlight, a knitted jumper in russet, for example, was paired with a metallic plisse pencil skirt in the same tone, while a ribbed knitted dress appeared under a sleeveless gilet of brushed cashmere. A taffeta shirt and matching shorts in chocolate brown were offset by over-the-knee boots in brown suede.

Elsewhere, a cashmere wrap top in oatmeal was worn with an ivory coat of tightly shorn shearling wool. A trench coat in mustard arrived with a quilted lower half, in a nod to the equestrian roots of the house, as a leather all-in-one in olive-y taupe was worn with a heavy, cable knit-wrapped scarf.

It was, in short, classic Hermes, designed for the well-heeled, and made with the highest level of savoir-faire, which is precisely what we all expect from this storied French house.

Vivienne Westwood

A tight, laced corset worn over a skirt made from upholstery fabric, at the Vivienne Westwood autumn/winter 2023 show in Paris. AFP
A tight, laced corset worn over a skirt made from upholstery fabric, at the Vivienne Westwood autumn/winter 2023 show in Paris. AFP

As the first collection since the death of Westwood herself in December last year, this was always going to be an emotional affair, and the show that her widower and co-designer, Andreas Kronthaler, delivered was an ode to the fearlessness of his wife.

Across 68 looks, Kronthaler delved through the archive of the house he has been part of since he married Westwood in 1992. Although a designer in his own right, he has been increasingly involved with the house over the past few years, as Westwood lined him up for the succession.

The collection strode through the defining codes that made her name — namely punk, via a finger-knitted dress and spiked dog collar; the Pirate era, seen here as clashing patterns — worn by former muse Sara Stockbridge, swagged tops, pantaloon trousers and the famous buckled boots; to the new iterations of the 1987 "Statue of Liberty" corset, now tight-laced over curtain fabric skirts, and in gleaming satin. There were copious amounts of tartan, as oversized jackets, asymmetric skirts, gators, and a great coat with matching hat, while deconstructed tailoring was the backbone holding the collection together.

As the final collection that Westwood had a hand in, this show was very much about her. But, as the first offering as the solo trustee of the house, Kronthaler conjured a touching and often beautiful tribute to the woman who was part of his life for more than 30 years.

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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Profile of RentSher

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Updated: September 27, 2023, 8:11 AM