Every week The National's Luxury magazine team puts together Black Book, a cheat sheet of the most interesting and noteworthy arrivals in fashion, watches, jewellery and cosmetics.
Youth to the People
The world of skincare trends is always evolving. For an interesting superfood meets science take, look no further than Californian skincare brand Youth to the People, which has just landed in the Middle East at Sephora. The range was inspired by the skincare routine of founding cousins Joe Cloyes and Greg Gonzalez's grandmother. It looks to use unconventional ingredients like superfoods and cold press extracts in its recipes.
Nike x Nigo
After many rumours, Nigo, the Japanese designer behind Kenzo and A Bathing Ape, has finally announced a collaboration with Nike for Air Force 3 trainers and a line of clothing. Called the Blue Void, the trainers are low rise and in primary colours of red, yellow and green on white or black. It references some of Nigo’s favourite films with graphics on the tongue and heel, and is bound to make an impact with collectors.
Ahead of the launch, Nigo released an anime short about the tie-up that nods to Transformers, Power Rangers and Akira cartoons. “The AF3 is a hidden masterpiece that I remember loving at the time,” said Nigo of the project. "Through my first collaboration with Nike, I want to reintroduce everyone to its magnificence." As well as the new trainer, there is a varsity jacket and a range of hoodies, that mix the name Nigo with the Nike swoosh.
Stella McCartney
Hollywood star Eva Mendes and British singer-songwriter Raye are the faces of Stella McCartney's autumn/winter collection. As a brand known to focus on sustainability, free of animal products since launching more than two decades ago, Mendes wears a trench coat in vegan leather that has been embossed to look like crocodile hide.
Raye meanwhile, wears a shaggy coat that looks like Mongolian wool, but is not. Aimed at the small space where luxury overlaps with cruelty-free, McCartney has been a lone voice for better practices for years. Now Mendes joins Kendal Jenner in working with the designer.
Tag Heuer
The new limited-edition Tag Heuer Monaco Chronograph Racing Green, part of the Racing Monaco series, nods to the colours of the British teams, most noticeably as the second's hand and the marker for 12 o'clock. In keeping with the racing theme, the dial is in sunray brushed silver to echo the dashboards of the 1920s and '30s racing cars. Made in titanium, the 39mm case is robust but extremely lightweight and is compact enough to fit in the new trend towards smaller watches.
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
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
The%20specs
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COMPANY%20PROFILE
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How to play the stock market recovery in 2021?
If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.
Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.
Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.
Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).
Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal.
Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.
By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.
As demand for energy fell, the oil and gas industry had a tough year, too.
Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.
He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.”
This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”
Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.
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Gothia Cup 2025
4,872 matches
1,942 teams
116 pitches
76 nations
26 UAE teams
15 Lebanese teams
2 Kuwaiti teams
The specs
Engine: 6.2-litre V8
Power: 502hp at 7,600rpm
Torque: 637Nm at 5,150rpm
Transmission: 8-speed dual-clutch auto
Price: from Dh317,671
On sale: now
French business
France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.
The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
2025 Fifa Club World Cup groups
Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, Leon.
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
Moonfall
Director: Rolan Emmerich
Stars: Patrick Wilson, Halle Berry
Rating: 3/5
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