Creative consultant Fausto Puglisi will bring a new Roberto Cavalli collection to Dubai Fashion Week. EPA
Creative consultant Fausto Puglisi will bring a new Roberto Cavalli collection to Dubai Fashion Week. EPA
Creative consultant Fausto Puglisi will bring a new Roberto Cavalli collection to Dubai Fashion Week. EPA
Creative consultant Fausto Puglisi will bring a new Roberto Cavalli collection to Dubai Fashion Week. EPA

Roberto Cavalli to close Dubai Fashion Week spring/summer 2025


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The Italian house of Roberto Cavalli will be the guest of honour at the next season of Dubai Fashion Week, it has been announced.

Running from September 1 until September 7 at Dubai Design District, the spring/summer 2025 event will conclude with a special collection by Cavalli.

It joins a growing list of big name labels invited to DFW, that also includes the American brand Carolina Herrera. Cavalli will bring the season to a close with its own take on high octane Italian glamour.

In 2020, Fausto Puglisi was named creative consultant of Roberto Cavalli, and during his four years at the helm has threaded through his own vision of glamour to the house, reimagining it for a new audience. Having already dressed the likes of Madonna, Beyonce and Jennifer Lopez under his own label in the days before he joined Cavalli, Puglisi is a dab hand at catching the spirit and mood of the moment, and guests at the DFW event can expect a parade of fabulous looks that seamlessly blend bohemia and strength.

Roberto Cavalli will unveil an exclusive collection at Dubai Fashion Week in September. Photo: Roberto Cavalli
Roberto Cavalli will unveil an exclusive collection at Dubai Fashion Week in September. Photo: Roberto Cavalli

After founding his eponymous label in 1970, Roberto Cavalli quickly gained a global following for his unapologetic take on excess and animalia, with flowing, floaty clothes that were made for being seen in and for celebrating life. The first Roberto Cavalli store opened in the fashionable enclave of St Tropez in 1972 and in the years after, his designs came to epitomise glamour and fashionable living.

Cavalli retired in 2015, handing the reins to the Norwegian designer Peter Dundas.

This is not the first time that Roberto Cavalli has brought its collection to the Middle East – the brand was also part of the Abu Dhabi Fashion Week in 2007. For the event, which took place on the grounds of Emirates Palace, Cavalli showed an array of colourful evening gowns.

Roberto Cavalli died in April, aged 83, while the company he founded today is owned by Hussain Sajwani of Damac Properties, who purchased it in 2019.

How to join and use Abu Dhabi’s public libraries

• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.

• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.

• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.

• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.

• For more information visit the library network's website.

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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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Updated: August 05, 2024, 12:48 PM