A look from Marc Jacobs for Louis Vuitton during the spring/summer 2012 ready-to-wear collections shown at Paris Fashion Week.
A look from Marc Jacobs for Louis Vuitton during the spring/summer 2012 ready-to-wear collections shown at Paris Fashion Week.

The fashion outlook for spring



The style world's biannual whirligig finally came to a halt in Paris last week, with the four major fashion weeks (the others being New York, Milan and London) having offered us a view on what we'll all be wearing next summer.

The shows in Paris ended with two labels that are favourites in the Middle East. Louis Vuitton (designed by Marc Jacobs, who is still the hot ticket for the top spot at Dior) and Elie Saab both offered classically wearable, ladylike collections that reflect the still-shaky state of the fashion industry. Neither was austere, of course - Saab remains the king of the glittering red-carpet dress, and while Jacobs's shapes were demure, the fabrics were, as in his similarly ladylike autumn/winter 2010 collection, almost couture-like in their uniqueness and handworking.

That was one of the themes of the season: simple, classic, no-great-shakes silhouettes were made extraordinary using texture, beading, embellishment, thick brocade, embroidery, appliqué, sequins and paillettes. It's a fairly obvious strategy but one that makes shopping easier: investment pieces that will last. If you're going to splash out on a new frock when you're supposed to be tightening your belt, you'd better be able to wear it time and time again.

This being fashion, though, it's not quite so simple: where some designers went bounding off towards the heavy satins, elaborate details and sit-up-straight constructions of mid-century Mad Men couture, others pared everything down for a more relaxed version of the practical, minimalist, menswear-inspired looks that have been gaining ground for the past couple of seasons. From easy, loose jackets in pastel colours at Paul Smith, Margaret Howell and, of course, Stella McCartney, for whom the look is a signature, to Jean Paul Gaultier's deconstructed pinstripes, Sonia Rykiel's sporty-girl pleated skirts and Anne-Valérie Hash's lean silhouettes and soft, light fabrics, this is less about masculine dressing than about looking confident, strong and above all, womanly.

Beyond the obvious trends, there are a few ongoing details that span the collections in the shops right now and the ones that will appear in six months' time. Curved shoulders, often constructed with a raglan sleeve (in which the sleeve goes in one piece from the cuff to the neckline, rather than having a classic "socket"), are probably most iconically found on the Dior Bar jacket, as reprised by Bill Gaytten this season, but can be seen across the collections as an easy, sophisticated alternative to padded shoulders. Shoe heights have continued to shrink, and although there are still plenty of platforms out there (the most popular for summer being the block-platform sandal), flats and kitten-heels are making incursions, as are rather elegant stilettos. Trousers ranged from clown-wide (at Kenzo) to cigarette-thin (at Yves Saint Laurent), but while you might not always look to Italy for innovation, its collections will usually offer the most flattering version of any prevailing look, and Giorgio Armani's trousers were just that: slender but not tight, cropped a fraction above the ankle and loose in the hips.

Here we look at the five essential trends for next season.

Full skirts

It started a few seasons ago, at Dior and Louis Vuitton, but that full-skirted Mad Men look has developed into something altogether less "costumey" and more relaxed.

Having taken a couple of detours, both brands are going down this route again, with Dior's bouncy silk gazar puffballs (Andrew Gn designed puffballs, too) and Vuitton's structured bell skirts.

For a more daytime approach, Burberry Prorsum, Jonathan Saunders and Diane von Furstenberg's cool cotton skirts sprang out from tight waists but were more relaxed, even a little creased, and suited for a crisp spring.

Straddling the two, Oscar de la Renta and Dolce & Gabbana went ladylike without being froufrou: de la Renta's taffeta ball skirts looking modern with their lean lace tops, and Dolce & Gabbana's vibrant print versions offering that Sophia-Loren-on-the-Italian-Riviera look.

Dropped waists

Perhaps in reaction to the 1950s hourglass obsession, autumn saw a few tentative steps towards the dropped-waist dress, but this season, the flapper look has really come into its own.

Its most fabulous incarnation was probably at Gucci, where Frida Giannini's 1920s-style evening frocks were beaded in gold and black art deco-inspired motifs. Ralph Lauren offered a fairly literal interpretation of the Great Gatsby look, Marc Jacobs went for Bob Fosse-style sassy 1920s city girls, and Philosophy di Alberta Ferretti's frocks were as delicately sparkling as ever.

At Chanel, Karl Lagerfeld combined the dropped waist with puffed-out tulle skirts, a more glamorous alternative to the flapper, and a number of designers, including Paule Ka and Kenzo, used the shape for a naive, doll-like, baggy frock with a straight top and gathered skirt.

Yellow and orange

Since Prada blasted through the beige last spring with a shot of neon orange, it's a colour that has been on the up, and it's now almost mandatory to include at least one mandarin look in a collection.

The shock of it now mitigated, the new dazzler is bright yellow, with designers including Sonia Rykiel, Jill Scott, Paul Smith and even the normally fad-free Elie Saab offering some sunshine with this hard-to-wear hue. With dark skin or a tan, it looks fantastic, but those with pale or olive complexions should be cautious: perhaps stick to an accessory or a blast of yellow on a skirt, where it's not too near the face.

Print and pattern

While autumn's colour-blocking obsession remains important for spring and summer (particularly Yves Klein blue with cinnabar red or orange), prints are huge, too.

Dries Van Noten always offers a huge selection, which this season ranged from traditional botanical drawings to photographic digital prints. Florals appeared in giant form at Dolce & Gabbana and delicate sprigs at Ralph Lauren, and graphic pastel prints at Preen and Marni looked modern and crisp.

Art Nouveau-inspired pattern, too, came through, with Yves Saint Laurent's dark twill silks covered in sinuous curlicues - something to look out for next season, if the one-colour jacquard brocades at a number of shows are anything to go by.

Top-to-toe white

For some, colour and pattern were an unnecessary distraction from the serious business of silhouette, and all-white ensembles - even some all-white collections - were seen across the shows.

Diane von Furstenberg started her show with a crisp, unfussy white shirtdress that was as far from her usual aesthetic as you can imagine; Giambattista Valli's stiff, structured shapes were shown to great effect in a white and off-white palette and the Olsen Twins' fantastic brand The Row offered the sort of eerie asceticism that the fashionable pair represent.

Chanel and Alexander McQueen both had large sections of all-white, using fabric texture and embellishment to work around the colour limitation.

ICC T20 Rankings

1. India - 270 ranking points

 

2. England - 265 points

 

3. Pakistan - 261 points

 

4. South Africa - 253 points

 

5. Australia - 251 points 

 

6. New Zealand - 250 points

 

7. West Indies - 240 points

 

8. Bangladesh - 233 points

 

9. Sri Lanka - 230 points

 

10. Afghanistan - 226 points

 
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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

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MATCH INFO

Uefa Champioons League semi-final, first leg:

Liverpool 5
Salah (35', 45 1'), Mane (56'), Firmino (61', 68')

Roma 2
Dzeko (81'), Perotti (85' pen)

Second leg: May 2, Stadio Olimpico, Rome

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

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.”

Best Foreign Language Film nominees

Capernaum (Lebanon)

Cold War (Poland)

Never Look Away (Germany)

Roma (Mexico)

Shoplifters (Japan)

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5