Made in Italy: still the best label in the world. When it comes to design – especially of luxurious clothing and jewellery – no one beats the Italians. They seem blessed with a collective good eye and a peerless ability to cut flatteringly, conjure the subtlest colours, and – once you’re pulling out your credit card – charm you into feeling you’re making the most sophisticated, discerning choice. We’ll ignore their aberrational fondness for Speedos on men and sequinned leopard-skin on women; at the top-end, Italian design is lean, clean and ultra elegant.
One of the great things about visiting this country is that, thanks to the national obsession with looking chic and creating la bella figura, even if you go to a small town, you can find designer boutiques and a couple of stores selling lovely underwear, nightwear and knockout beachwear. However, when it comes to a luxury shopping trip, there is nowhere better than Rome.
Italy’s most extravagantly beautiful city feels less tense than the fashion and business capital, Milan, and less choked by tourists than Florence. Crucially, most of the delectissimo shops, Italian and international, lie within the old heart of the city, around Piazza di Spagna and the Spanish Steps. Shopping on and around Via Condotti, Borgognona and Frattini is further simplified because most shops specialise in just one item. So, if you’ve finished your cappuccino, let’s go.
Italian designerwear
Maybe it’s the recession, but Rome’s sales assistants seem noticeably warmer than their too-cool-for-school, spikily thin counterparts in Milan.
“Sooo beautiful, yes?” smiles a sales assistant in Pucci. Enjoying a resurgence since the hiring of a new designer, explains Eleonora, my shopping guide, Pucci is “huuuge” now, and has just moved to large new premises in prime position on Piazza di Spagna. The assistant holds out one of the delicate little dresses that the house’s Peter Dundas has produced, with the classic swirly Pucci pattern embellished with beading (€1,750; Dh8,800), which, I agree, is utterly exquisite. As are the over-the-knee, rust suede boots to be worn with the slightly puffball-shaped, short lilac coat. Nearby, at Moncler, I linger by a vividly patterned white one-piece ski suit (€1,295; Dh6,515). “You ski?” asks Eleonora. Er, no. I don’t. But as with the knits at nearby Missoni, luscious dresses at Dolce & Gabbana, absolutely everything for men and women alike at Prada and Armani, whispers of silk blouses at Valentino, retro sunglasses at Trussardi, cashmere at Loro Piana and sumptuous bronze-and-slate-coloured bed coverlets at Frette, it is indeed sooo beautiful.
Hats & gloves, shoes & boots
“Belt loops without a belt, a hat without gloves, the wrong height on a heel, a coat without a scarf – these things make us Italians feel ill to see,” says Eleanora. And specialist accessory shops abound in Rome. At 20 Piazza del Popolo, a few minutes’ walk from Piazza di Spagna and just past Hotel de Russie, Borsalino has been selling hand-blocked hats made in Piedmont since 1857. Daniel Craig bought one of their flat wool caps (€85; Dh428) while filming Skyfall in Rome, Woody Allen added to his collection of floppy linen hats here (not a look anyone in their right mind would copy, admittedly), and Justin Timberlake, Sharon Stone and the divine Andy Garcia have all bought Borsalino’s classic fedora (€263; Dh1,320). “But, you wear hats or you don’t,” admits Eleonora. Either way, you still need gloves (gloves without a hat being OK).
At 9a Via della Croce, Caesar: The Glove Shop has devastatingly chic, tight long gloves that button to the armpits of the slender-limbed for €189 (Dh950); the kind of flirty little wrist-length gloves that, once you’ve started browsing, you’ll want in five different colours, cost €39 (Dh196). Men’s driving gloves cost €99 (Dh498).
For the softest leather shoes and bags, there’s Gucci, Ferragamo, Campanile and Fratelli Rossetti; for slightly more reasonable prices, try Loriblu and Pollini; and, for the most comfortable shoes to walk around these cobbled streets, Tod’s rubber-soled slip-ons. If you prefer throwaway slip-ons, similar to Tod’s suede ones, Trendy Shoes at 146 Via Sistina has them for just €39 (Dh196).
Bedroom-wear, underwear & swimwear
When you go looking for the city’s loveliest lingerie for women, you might walk straight past Lingerie D’Elia, so anonymous is this little shop at 119 Via Sistina, where Princess Diana is thought to have ordered a pure silk, lace-trimmed nightdress (€1,500; Dh7,547). The stock in this tiny store, run by two middle-aged sisters, is of utmost beauty, but if the prices seem excessive, there’s La Perla at 28 Via Bocca di Leone. “Customers tell me prices here are half what’s charged in London,” says Eleonora, encouragingly, of the €330 (Dh1,660) silk-and-lace slips and €75 (Dh377) bras and knickers.
Also recommended: Brighenti boutique, where stars of Italy’s biggest film studio, Cinecittà, shopped, and Schostal for men’s cotton and silk pyjamas and dressing gowns.
Jewellery
Bulgari, on Via Condotti, with its devastatingly understated window displays – a little jewel-box embedded in each blank wall – is peerless. The new, young designers, who showcase at the regularly held, wonderful My Cup of Tea pop-up events are particularly worth investigating (www.mycupoftea.it). “But when you want to buy a special present for a friend, everyone goes to Lucia Odescalchi,” says Eleanora. And you can see why. What a find! An ex-model married to a prince, Lucia (www.luciaodescalchi.com; 00 39 366 260 0739) produces some of the most beautiful avant-garde jewellery I’ve seen; some, using gold and diamonds, are for €750+ (Dh3,773 onwards), others, made with resin, rubber, leather and so on, go for under €300 (Dh1,509).
“Dinner conversation” necklaces, so named because “wearing them always makes people ask you about them”, are seemingly made of luminous giant pearls (actually painted aluminium) and cost €260 (Dh1,300). Lucia plans to open her own store soon but in the meantime sells at the jeweller Gasparrini at 42 Via Fontanelle Borghese.
Where to stop for coffee
The 19th century Babington’s English Tea Rooms, right by the Spanish Steps, exert undeniable historic appeal, but are outrageously expensive. So, too, the seductively dark lair that is the old artists’ hangout, Caffe Greco, on Via Condotti. One gorgeous, old, untouristy cafe you won’t want to miss, though, is the 18th century Canova Tadolini on 150 Via del Babuino. The great Italian director Federico Fellini used to come here for coffee every morning and sit at one of the outside tables. Inside, a long wooden bar, glass display cases of inviting cakes and sandwiches, casts of some of the bronze and stone statues that decorate Rome, a glamorous manageress and a sardonic crew of waiters create as atmospheric a setting as you could hope for. Stand at the bar and a cappuccino costs just €1 (Dh5); sit at a table and it’s €2.50 (Dh12.5). It’s a bargain – and one that is repeated across the city (Babington’s Tea Rooms excepted).
For another glimpse of the luxurious life of the 1960s, head over to Via Veneto, a location for Fellini’s La Dolce Vita, for cappuccino at Harry’s Bar (great old photos but less great staff) or Cafe de Paris, opposite the Jumeirah hotel, with a 1940s interior and more photos from the 1960s.
On a chilly day, the plush Sala Vietri Lobby Bar at the majestic old Hotel Hassler – where Woody Allen stayed while filming To Rome With Love – is a deliciously comfortable spot to sink into a velvet sofa for afternoon tea.
Where to stay
The most stylish hotel is unarguably the Hotel de Russie, on Via del Babuino, off Piazza di Spagna, full of high-ceilinged spare interiors in jades, mustards and purples, and vases of berried twigs. But the best place to stay in Rome is actually slightly outside, a 15-minute trip by free shuttle-bus from the Trevi Fountain. The hilltop Cavalieri, now a Waldorf Astoria, and currently celebrating its 50th anniversary, has unrivalled views of the city – as well as a three-Michelin-starred rooftop restaurant where they change the table decorations before serving dessert, sumptuous Grand Spa Club, heated outdoor pools, and the 7th floor Imperial lounge serving all-day free meals and snacks. Breakfasting on the balcony here – with sparrows hopping out of the foliage in bright-eyed hope of croissant crumbs, and Rome spread gloriously below you – is dangerous, though. You just want to order another coffee and stay put. A double room costs from €240 (Dh1220) per night.
What to read
Profusely illustrated and comprehensive, DK Eyewitness Travel Guide: Rome is the best guidebook, while the easy-to-slip-into-your-pocket or download-as-an-app Luxe City Guide to Rome pinpoints the best places to see and shop in short, no-pix snippets.
Once in the city, you should go to the Keats-Shelley Memorial House museum by the Spanish Steps and, after looking around the flat where the famous English poet John Keats spent the last three months of his short life (in the end too weak to get out of the single bed – still in place – to look out onto the square), buy one of the histories of the 19th century Grand Tour Visits to Rome from the lovely little gift shop.
Shopping guide
The entertaining style journalist Eleonora Attolico (00 39 06 687 2312) – who lives in a 17th-century palacio, knows everyone and doesn’t take commission from any of the shops she takes you to – charges €60 (Dh300) per person, per hour for her Art of Shopping tour. Tell her beforehand what you want to focus on – costume jewellery, upscale Italian designer boutiques, backstreet artisan shops, etc – and she’ll devise a personalised itinerary.
How to get there
Emirates (www.emirates.com) offers direct flights from Dubai to Rome from Dh3,195. Alitalia (www.alitalia.it) flies direct from Abu Dhabi to Rome from Dh3,100. Etihad Airways (www.etihad.ae) will launch a direct service from July 15.
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Company%20profile
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A Prayer Before Dawn
Director: Jean-Stephane Sauvaire
Starring: Joe Cole, Somluck Kamsing, Panya Yimmumphai
Three stars
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.
If you go...
Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.
Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50
RedCrow Intelligence Company Profile
Started: 2016
Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel
Based: Ramallah, Palestine
Sector: Technology, Security
# of staff: 13
Investment: $745,000
Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
EMIRATES'S%20REVISED%20A350%20DEPLOYMENT%20SCHEDULE
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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.”
More from Rashmee Roshan Lall
Our legal consultant
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Info
What: 11th edition of the Mubadala World Tennis Championship
When: December 27-29, 2018
Confirmed: men: Novak Djokovic, Rafael Nadal, Kevin Anderson, Dominic Thiem, Hyeon Chung, Karen Khachanov; women: Venus Williams
Tickets: www.ticketmaster.ae, Virgin megastores or call 800 86 823
TEACHERS' PAY - WHAT YOU NEED TO KNOW
Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
- average salary across curriculums and skill levels is about Dh10,000, recruiters say
- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance
- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs
- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills
- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month
- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Tips for newlyweds to better manage finances
All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.
Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.
Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.
Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.
Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.
Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.
EXPATS
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MATCH INFO
Champions League quarter-final, first leg
Tottenham Hotspur v Manchester City, Tuesday, 11pm (UAE)
Matches can be watched on BeIN Sports
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