Mossi Traore’s path to fashion was far from typical. Born to Malian parents in Hautes-Noues, a deprived Parisian suburb, he defied the odds to become a designer and founder of a top-tier vocational school.
Working with the unskilled, underrepresented and underprivileged, including migrants, Traore’s school, Les Ateliers Alix, equips students with rare haute couture skills. Located in the district where he grew up, the school embodies his commitment to giving back.
“When you are from the suburbs, life teaches you a lot of good,” he says. “It teaches you how to share, be strong together, how to sing together.” Now, he’s helping others rise.
Speaking from Mumbai, his passion is palpable. Founded in 2015, Les Ateliers Alix lifts up Paris’s forgotten youth, training them in flou (soft dressmaking) and tailleur (tailoring) over three years. Initially, it was just small workshops, creating pieces for the Paris National Opera and private designers. By 2019, the full programme was launched.
In September last year, the school achieved its biggest milestone – a partnership with Chanel. The couture house, noticing many of its atelier hires came from Les Ateliers Alix, reached out. “Chanel called saying, ‘We heard a lot about you. People coming to work with us are very good. We want to know where they’re being trained,’” Traore recalls.
The deal provides financial stability and eases students’ financial burdens. Many juggle part-time jobs while studying. “The partnership is very positive because Chanel wants to help the school and students. Today, we are the only school in France offering this kind of haute couture programme.”
As a couture house, Chanel understands the school’s importance. “It knows the school is good for all of the couture houses and their different needs,” he says. “It understands the elite values we are teaching, and importantly, it’s not coming to take only what it needs.”
While Chanel gets priority for hiring, students aren’t obligated to stay. “I think Chanel has very good values and spirit.” Chanel has long invested in preserving couture craftsmanship, acquiring specialist ateliers – lace, buttons, feathers – to safeguard disappearing skills. Karl Lagerfeld initiated this move in response to the risk of losing generational knowledge. Today, these ateliers are united under Chanel’s 19M, a dedicated space in Paris’s 19th arrondissement.
Les Ateliers Alix focuses on similar skills, passing on knowledge even fashion graduates often lack. Cutting, sewing, moulding, sculpting and draping with precision are not museum relics, but the foundation of couture, where a simple jacket starts at €25,000. “All students start as beginners, even those with fashion degrees,” Traore says.
“You don’t need experience, just motivation. We don’t need quantity; we need quality. That’s why we take only 12 students a year.” Beyond funding, Chanel donates archival fabrics, a priceless resource, as couture fabrics can cost hundreds of euros per metre. “If you want to study, you need the right fabrics,” he explains.
Traore’s passion drives every aspect of the school, from securing funding – an ongoing challenge that keeps him up at night – to its very name. Les Ateliers Alix honours Madame Alix Gres, one of France’s most revered designers. Traore discovered her work during his own studies in the early 2000s and was captivated.
“I asked my fashion teacher for the name of the most inspiring designer. She said Madame Gres. I didn’t know who she was, so I researched and studied her work for two to three hours daily. It was amazing.”
Renowned for her pleating and drapery, Gres created ethereal, Grecian-inspired gowns that influenced designers such as Issey Miyake and Yohji Yamamoto. “I discovered fashion the same year Yohji paid tribute to Madame Gres in his spring/summer 2005 collection.”
Her work inspired Traore to attend fashion school, work as a costume designer at the Paris Opera, and launch his eponymous label, Mossi, in 2017. However, running the school has forced him to put his brand on hold. “I had to sacrifice my own fashion brand to focus on the school and secure financial support for students,” he says.
The contrast between haute couture’s refinement and his own upbringing isn’t lost on Traore. His introduction to fashion came via stolen high-end clothes resold in his neighbourhood. Now, he passes on his love of fashion to students, helping them break cycles of deprivation and access the industry’s highest echelons.
“It’s a passion project. I’m not from a rich family, but if I can open a door that wasn’t open for me, I will – for the next generation, for immigrants, for people from the suburbs. You can be rich or poor, but if you have patience and motivation, I will do my best to open the door of fashion for you.”
Stamp duty timeline
December 2014: Former UK finance minister George Osbourne reforms stamp duty, replacing the slab system with a blended rate scheme, with the top rate increasing to 12 per cent from 10 per cent:
Up to £125,000 - 0%; £125,000 to £250,000 – 2%; £250,000 to £925,000 – 5%; £925,000 to £1.5m: 10%; Over £1.5m – 12%
April 2016: New 3% surcharge applied to any buy-to-let properties or additional homes purchased.
July 2020: Rishi Sunak unveils SDLT holiday, with no tax to pay on the first £500,000, with buyers saving up to £15,000.
March 2021: Mr Sunak decides the fate of SDLT holiday at his March 3 budget, with expectations he will extend the perk unti June.
April 2021: 2% SDLT surcharge added to property transactions made by overseas buyers.
More coverage from the Future Forum
The five pillars of Islam
WHAT ARE NFTs?
Non-fungible tokens (NFTs) are tokens that represent ownership of unique items. They allow the tokenisation of things such as art, collectibles and even real estate.
An NFT can have only one official owner at one time. And since they're minted and secured on the Ethereum blockchain, no one can modify the record of ownership, not even copy-paste it into a new one.
This means NFTs are not interchangeable and cannot be exchanged with other items. In contrast, fungible items, such as fiat currencies, can be exchanged because their value defines them rather than their unique properties.
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Who has lived at The Bishops Avenue?
- George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
- Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
- Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
- Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
- Land was originally the Bishop of London's hunting park, hence the name
- The road was laid out in the mid 19th Century, meandering through woodland and farmland
- Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
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APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
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Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
Company profile
Name: Infinite8
Based: Dubai
Launch year: 2017
Number of employees: 90
Sector: Online gaming industry
Funding: $1.2m from a UAE angel investor
HEADLINE HERE
- I would recommend writing out the text in the body
- And then copy into this box
- It can be as long as you link
- But I recommend you use the bullet point function (see red square)
- Or try to keep the word count down
- Be wary of other embeds lengthy fact boxes could crash into
- That's about it
Fixtures and results:
Wed, Aug 29:
- Malaysia bt Hong Kong by 3 wickets
- Oman bt Nepal by 7 wickets
- UAE bt Singapore by 215 runs
Thu, Aug 30: UAE v Nepal; Hong Kong v Singapore; Malaysia v Oman
Sat, Sep 1: UAE v Hong Kong; Oman v Singapore; Malaysia v Nepal
Sun, Sep 2: Hong Kong v Oman; Malaysia v UAE; Nepal v Singapore
Tue, Sep 4: Malaysia v Singapore; UAE v Oman; Nepal v Hong Kong
Thu, Sep 6: Final
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
Killing of Qassem Suleimani
Mohammed bin Zayed Majlis
Checks continue
A High Court judge issued an interim order on Friday suspending a decision by Agriculture Minister Edwin Poots to direct a stop to Brexit agri-food checks at Northern Ireland ports.
Mr Justice Colton said he was making the temporary direction until a judicial review of the minister's unilateral action this week to order a halt to port checks that are required under the Northern Ireland Protocol.
Civil servants have yet to implement the instruction, pending legal clarity on their obligations, and checks are continuing.
Guide to intelligent investing
Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
- Stay invested: Time in the market, not timing the market, is critical to long-term gains.
- Rational thinking: Breathe and avoid emotional decision-making; let logic and planning guide your actions.
- Strategic patience: Understand why you’re investing and allow time for your strategies to unfold.