One of Christian Dior's Spring/Summer 2012 creations on display at the Haute Couture Paris Fashion Week.
One of Christian Dior's Spring/Summer 2012 creations on display at the Haute Couture Paris Fashion Week.

Haute couture triumphs in Paris



In spite of the dismal rain and grey vistas that greeted visitors in Paris last week, there was a bright, bold and optimistic mood on the catwalks for the spring/summer 2012 haute couture shows.

This most inaccessible yet seductive of fashion disciplines, ruinously expensive to produce and within the reach of only a few thousand people in the world, is where the few designers who still take part get to unleash their imaginations and display the unparalleled skills of the teams at their ateliers - those "petites mains" who spend thousands of hours painstakingly appliquéing, beading and embroidering these one-off pieces.

Indeed, this was the first set of collections since the great couture embroidery maestro François Lesage died last month. The head of his eponymous Chanel-owned atelier, Lesage had worked with everyone from Christian Dior to Yves Saint Laurent, and his will be a profound loss to the business.

This season, too, comes on the back of several years of difficult market conditions, during which the whole tone of the industry has become, out of necessity, more commercial, wearable and sometimes muted.

It was a delight, then, to see bright hues, youthful shapes and spring-friendly pastel tints return this week. Alexis Mabille offered perhaps the most vibrant collection, overtly inspired by flowers, with bright slender satin or chiffon dresses topped with enormous rose headpieces in the same colour.

On the side of iced pastels and crisp innocence was Elie Saab, who interspersed his trademark bias-cut beaded evening gowns with demurely pretty short prom dresses in white, mint, coral, ice blue, yellow and sugar pink. This full silhouette is fairly new for the streamlined Saab, and provided him with some characterful looks - flirty on one hand, coy on the other, coolly severe when teamed with a high cowl neck and three-quarter sleeves, and lightheartedly elegant on the final wedding gown, when the full skirt extended to the ground in a Grace Kelly-meets-Barbie white and pink brocade.

This 1950s-inspired look may have become especially popular in the last two years, but it is a style with which Giambattista Valli is synonymous, and over the seasons he has refined it to a beautiful austerity. For this collection - his first as a fully fledged haute couturier rather than a mere guest of the Chambre Syndicale - he combined rigid silks, voluptuously folded into beautiful, pure tulips, bows and arched peplums, with some of his favourite appliqué techniques, densely clustering silk and lace flowers over shoulders, down skirts and across the décolletage. His creamy palette was punctuated with black, most effectively when dramatically waterfalled down a white lace skirt.

His designs echoed some of the Dior heritage, and as ever Dior was one of the most eagerly anticipated shows - the brand still without a creative director since the dismissal of John Galliano in March 2011 after his anti-Semitic outburst. Bill Gaytten, Galliano's long-time studio head, who has been holding the fort ever since, had a dismal outing at the last couture season, cruelly derided by the fashion press. But he earned a grudging thumbs-up from the industry for his next collection, at ready-to-wear in October 2011, and for couture he genuinely excelled, raising the question of whether he might, in fact, get the gig himself, after the toughest job interview in fashion history.

Sticking to an almost monochrome palette, with blasts of scarlet and purple, this collection had a neat concept, revealing the "skeleton" of the clothes as if through a sartorial X-ray. Light-as-air fabrics sprang from visible seaming, white stitching appeared on black tailoring, sheer black and red gazar silk were layered over white to show immaculate hems, and all with the polish that one expects from Dior.

Another heavily themed show was Jean Paul Gaultier's, an ode to the late Amy Winehouse. Taste issues aside, it was a fun, light and sassy collection, all beehives and eyeliner, with pencil skirts, tiny waists, coquettish scraps of lace and colour combinations so vivid they almost vibrated.

For Stéphane Rolland it was the business of fabulosity as usual: high-octane hourglass shapes were carved from heavily draped jersey in cream, black and red, with a sense of 1940s Cruella de Vil drama - strong shoulders, sculptural Plexiglas panels and sophisticated, haughty silhouettes.

Donatella Versace returned to Paris couture after eight years with the Atelier Versace label, which she showed as a presentation of gowns that were, if anything, even more pneumatic than normal. Tiny curved dresses and white kinky boots were Barbarella-cute, while those wonderfully constructed gowns - out just in time for the Oscars - were fit for a futuristic red carpet.

After all the colour and drama, Karl Lagerfeld's entirely blue collection for Chanel at the Grand Palais offered no 1950s nostalgia or space-age shenanigans: just lots of instantly recognisable dresses, jackets, trousers and - this being Lagerfeld - an outrageous set made up of a replica plane interior, complete with airline-style seating. Simple woollen shift dresses, long, slimline coats, boat-neck collars and the classic high-cut sleeves moved into cutaway shoulders on halter-neck dresses and icy, frothy confections for evening, accessorised with large metallic or sequinned camellias.

Of course, whatever happens to couture, Lagerfeld will be fine, with a finger in every fashion pie: on Thursday, he also launched his budget line, Karl, on Net-a-Porter and in pop-up shops in New York, Sydney, Berlin, London and Paris. The prices? From Dh115 for a canvas tote. Talk about spreading your risks.

Follow us on Twitter and keep up to date with the latest in arts and lifestyle news at twitter.com/LifeNationalUAE

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Emirates Cricket Board Women’s T10

ECB Hawks v ECB Falcons

Monday, April 6, 7.30pm, Sharjah Cricket Stadium

The match will be broadcast live on the My Sports Eye Facebook page

 

Hawks

Coach: Chaitrali Kalgutkar

Squad: Chaya Mughal (captain), Archara Supriya, Chamani Senevirathne, Chathurika Anand, Geethika Jyothis, Indhuja Nandakumar, Kashish Loungani, Khushi Sharma, Khushi Tanwar, Rinitha Rajith, Siddhi Pagarani, Siya Gokhale, Subha Srinivasan, Suraksha Kotte, Theertha Satish

 

Falcons

Coach: Najeeb Amar

Squad: Kavisha Kumari (captain), Almaseera Jahangir, Annika Shivpuri, Archisha Mukherjee, Judit Cleetus, Ishani Senavirathne, Lavanya Keny, Mahika Gaur, Malavika Unnithan, Rishitha Rajith, Rithika Rajith, Samaira Dharnidharka, Shashini Kaluarachchi, Udeni Kuruppuarachchi, Vaishnave Mahesh

 

 

The%20specs%3A%202024%20Mercedes%20E200
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%20four-cyl%20turbo%20%2B%20mild%20hybrid%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E204hp%20at%205%2C800rpm%20%2B23hp%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C800rpm%20%2B205Nm%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E9-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E7.3L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENovember%2FDecember%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh205%2C000%20(estimate)%3C%2Fp%3E%0A
Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills

The Prison Letters of Nelson Mandela
Edited by Sahm Venter
Published by Liveright

UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets

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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