Paskal is a Ukrainian brand showing at Paris Fashion Week. Photo: USAID
Paskal is a Ukrainian brand showing at Paris Fashion Week. Photo: USAID
Paskal is a Ukrainian brand showing at Paris Fashion Week. Photo: USAID
Paskal is a Ukrainian brand showing at Paris Fashion Week. Photo: USAID

Seven Ukrainian designers showing collections at Paris Fashion Week


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Seven emerging designers from Ukraine have been showing their autumn/winter 2023 collections at Paris Fashion Week.

They are supported by the USAID Competitive Economy Programme that is working to uphold the Ukrainian fashion industry in the midst of war. The aim is to bring emerging designers to a new, global audience as well as to secure attention, orders and ultimately, safeguard jobs.

The collections on show are all the more remarkable for having been produced by hand, against the backdrop of power cuts, air raid sirens and needing to decamp ateliers to bomb shelters. Despite all of the difficulties faced by the designers, this is the second such outing to Paris Fashion Week.

Frolov, known for its daring and surrealist eveningwear, is one such name. The label found fame creating a mini-dress for Beyonce to wear during her private party performance at Dubai's Atlantis The Royal’s hotel. The piece included body-con pieces, including a fitted all-in-one body suit of kick-flare trousers topped with a faux-nude bustier, with a golden, sequinned heart.

Kachorovska, meanwhile is one of Ukraine’s most well known brands, crafting shoes and footwear. Known for its ankle boots in distressed leather, it is expected to be popular with the Parisian crowd.

Shoes and bags by Kachorovska have been showing in Paris. Photo: USAID
Shoes and bags by Kachorovska have been showing in Paris. Photo: USAID

Another name is My Sleeping Gypsy, that is built around sustainability, and utilises motifs from Ukrainian heritage. Using the patterning that adorns traditional garb, these have now been updated to cover loose, shift-cut dresses and simple separates for a modern audience.

Label Chereshnivska uses hand-drawn prints across its largely unisex range. This season's collection is made from predominately recycled materials, while taking inspiration from the creative scene in Kyiv.

Another name is Katerina Kvit, whose take on minimalistic luxury is about well-tailored pieces with a subversive twist. Paskal, on the other hand, offers playful riffs on flower patterning that lifts off the surface. Finally, Olena Dats' brings old-school glam to the French capital with satin gowns featuring integrated capes and trains.

The project is the brainchild of Jen Sidary, who has been working to support Ukrainian fashion designers since 2020, and in September 2021 first took them to join Paris Fashion Week.

Initially conceived to support the fledgling industry in the face of the pandemic, it has since taken on a greater urgency following the invasion by Russia last year. Sidary says that Ukrainian fashion was a "hidden gem“ despite everything that was going on. "I have huge respect for all the people of Ukraine and for how they are adapting their lives to survive and continue to grow," she said.

Meanwhile, Olesya Zaluska, chief of party of the USAID Competitive Economy Programme, added why it is vital to help out the hard-hit industry. “Ukrainian fashion businesses have a huge potential to win the hearts and minds of those who appreciate quality and design ... [that will] contribute to the nascent recovery of the economy.”

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

Nayanthara: Beyond The Fairy Tale

Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni

Director: Amith Krishnan

Rating: 3.5/5

The Transfiguration

Director: Michael O’Shea

Starring: Eric Ruffin, Chloe Levine

Three stars

Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”

The years Ramadan fell in May

1987

1954

1921

1888

War and the virus
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.

Karwaan

Producer: Ronnie Screwvala

Director: Akarsh Khurana

Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar

Rating: 4/5

Results

2.15pm: Maiden (PA) Dh40,000 1,200m

Winner: Maqam, Fabrice Veron (jockey), Eric Lemartinel (trainer).

2.45pm: Maiden (PA) Dh40,000 1,200m

Winner: Mamia Al Reef, Szczepan Mazur, Ibrahim Al Hadhrami.

3.15pm: Handicap (PA) Dh40,000 2,000m

Winner: Jaahiz, Fabrice Veron, Eric Lemartinel.

3.45pm: Handicap (PA) Dh40,000 1,000m

Winner: Qanoon, Szczepan Mazur, Irfan Ellahi.

4.15pm: Sheikh Hamdan bin Rashid Cup Handicap (TB) Dh200,000 1,700m.

Winner: Philosopher, Tadhg O’Shea, Salem bin Ghadayer.

54.45pm: Handicap (PA) Dh40,000 1,700m

Winner: Jap Al Yassoob, Fernando Jara, Irfan Ellahi.

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

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ABU DHABI CARD

5pm: UAE Martyrs Cup (TB) Conditions; Dh90,000; 2,200m
5.30pm: Wathba Stallions Cup (PA) Handicap; Dh70,000; 1,400m​​​​​​​
6pm: UAE Matyrs Trophy (PA) Maiden; Dh80,000; 1,600m​​​​​​​
6.30pm: Sheikha Fatima bint Mubarak (IFAHR) Apprentice Championship (PA) Prestige; Dh100,000; 1,600m​​​​​​​
7pm: Sheikha Fatima bint Mubarak (IFAHR) Ladies World Championship (PA) Prestige; Dh125,000; 1,600m​​​​​​​
8pm: Sheikh Zayed bin Sultan Al Nahyan Jewel Crown (PA) Group 1; Dh5,000,000; 1,600m

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

UAE currency: the story behind the money in your pockets
The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Specs

Price, base: Dhs850,000
Engine: 3.9-litre twin-turbo V8
Transmission: Seven-speed automatic
Power: 591bhp @ 7,500rpm
Torque: 760Nm @ 3,000rpm
Fuel economy, combined: 11.3L / 100km

UK-EU trade at a glance

EU fishing vessels guaranteed access to UK waters for 12 years

Co-operation on security initiatives and procurement of defence products

Youth experience scheme to work, study or volunteer in UK and EU countries

Smoother border management with use of e-gates

Cutting red tape on import and export of food

ONCE UPON A TIME IN GAZA

Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi

Directors: Tarzan and Arab Nasser

Rating: 4.5/5

The five pillars of Islam
Defence review at a glance

• Increase defence spending to 2.5% of GDP by 2027 but given “turbulent times it may be necessary to go faster”

• Prioritise a shift towards working with AI and autonomous systems

• Invest in the resilience of military space systems.

• Number of active reserves should be increased by 20%

• More F-35 fighter jets required in the next decade

• New “hybrid Navy” with AUKUS submarines and autonomous vessels

The years Ramadan fell in May

1987

1954

1921

1888

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Updated: September 27, 2023, 8:09 AM`