A denim-inspired coat and handbag, part of Fendi's 2016 Resort collection. Courtesy: Fendi
A denim-inspired coat and handbag, part of Fendi's 2016 Resort collection. Courtesy: Fendi
A denim-inspired coat and handbag, part of Fendi's 2016 Resort collection. Courtesy: Fendi
A denim-inspired coat and handbag, part of Fendi's 2016 Resort collection. Courtesy: Fendi

Tracking the denim trend


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In 1864, Webster's Dictionary defined denim as "a coarse cotton drilling used for overalls, etc". Fast-forward to May 2015, when Karl Lagerfeld simulated denim in his 2016 resort collection for Fendi – pieces were printed and woven to appear like the textile in question, and real denim was even bonded to mink to create a reversible jacket.

Lagerfeld isn’t alone in his apparent reverence of a denim-wearing muse. Other recent runway shows have left audiences marvelling at the fact that there is a place for something so seemingly run-of-the-mill in the world of high fashion. From the spring/summer 2015 head-to-toe denim looks at Chloé to the ones topped off with fur in Tom Ford’s autumn/winter 2015 show, luxury brands are wholeheartedly embracing this most humble of materials.

The textile has practical beginnings, used as it was by American men working manual labour in the 1870s. Now, it’s one that top international clothing labels use and even try to imitate. While some brands may have dabbled with denim in the past, it never made significant inroads as an in-demand, fashion-forward material. Yet, 2015 runways have seen a very deliberate denim takeover, causing us all to ask whether or not denims – a pair of jeans included – can still unquestionably be categorised as casual wear.

For spring/summer 2015, the collection from Chloé combined femininity with utilitarian and prairie influences. Three of the looks were completely made up of denim: a detailed minidress, a poncho and jogger ensemble, and a button-down maxi skirt with a relaxed crew-neck sweater. Tangerine lattice-front heels made it clear that these Chloé girls, though robed in denim, were far from casual.

Gucci’s spring/summer runway show also incorporated a great deal of denim, from cropped wide-leg jeans to panelled dresses that mixed different shades of denim with textured eyelets.

Though autumn/winter shows didn’t make as much noise in terms of groundbreaking denim applications, resort 2016 collections showed an invigorating turnaround with the textile. While jumpsuits and jackets alluded to denim at Fendi, at Karen Walker, retro silhouettes were produced in baby-blue denims, and at Acne, the fabric was dyed in shades of indigo and purple before being pieced together in an eclectic patchwork manner.

There's a fair bit of controversy surrounding the origins of denim. Levi Strauss & Co historian Lynn Downey highlights in A Short History of Denim how debate persists on whether the fabric was first imported from France or made in England. Whatever the case, American textile mills began producing denim during the late 18th century, to make trousers for mechanics and painters, and by the 1920s, Levi's jeans – called "waist overalls" at the time – were the favoured men's work trousers. The company grew to become a household name, though the fabric, at times, acquired something of a negative reputation, becoming synonymous with Harley-Davidsons, delinquent teenagers and college protesters. Even today, there are slight rebellious connotations when it comes to denim – a metallic stud-covered pair by Japanese designer Junya Watanabe exudes the same unruly motorcycle vibes that conservative Americans so disapproved of. Imagine their further contempt if they were to learn that this pair in particular costs more than Dh7,000.

In today’s varied jeans market, embellishments such as studs are aplenty, and there is a wide range of styles on offer, too – from classic boot-cuts and bell-bottoms, to more on-trend “boyfriend” and “mom” jeans. Zayan Ghandour, co-founder and creative director of S*uce concept stores in the UAE, says: “Denim has always been a staple in every wardrobe – especially denim trousers, of which every woman owns between one and 10 different washes and cuts.”

But these aren’t the only elements that are used to differentiate between denims – distressed jeans have become increasingly in vogue as well. They have even made a startling entry into high fashion, which is particularly surprising given the rumpled and ragged appearance of distressed jeans, and contrasting posh nature of the orthodox fashion industry.

Nestled in Abu Dhabi’s World Trade Center Mall, opposite a bustling burger joint, lies The Luxury Arcade – a niche boutique offering cutting-edge styles from international brands such as Jonathan Simkhai, Prabal Gurung and Markus Lupfer. Last month, founder Lina Mustafa launched a dedicated in-store denim-distressing station, where customers can bring in their denim pieces and have them customised. “We started this because I’ve found that it’s very difficult to find perfectly distressed jeans according to exactly how you want them,” Mustafa says.

Mustafa opened The Luxury Arcade last year, and at age 23, on her first buying trip to Paris, she ordered heaps of jeans from the Los Angeles-based brand Frame Denim. She is a strong believer in the view that, these days, denim is socially acceptable almost anywhere. “Except maybe to a wedding, I would draw the line there,” she says.

She attributes the growth in popularity of denim to the corresponding rise of fashion bloggers. “It’s the way that they style it – they can pair baggy jeans with a plain white T-shirt and a statement necklace and make it look so good,” she says. She’s likely correct. Take a look at the outfits worn at fashion weeks, and you’ll see how just a buttoned denim skirt, paired with a turtleneck and denim jacket, can look curiously un-casual. Even an ensemble as simple as a pair of baggy, heavily distressed jeans, put together with a crisp white blouse and minimalist handbag, can somehow ooze elegance.

The idea of artistically revamping denim isn’t entirely new – in 1973, so many Americans were decorating their own jeans that Levi Strauss & Co held an art competition, which saw about 2,000 entries. According to Downey, contest coordinators claimed that Levi’s jeans had evolved to become canvases for personal expression. While this contest inspired Americans to carry out DIY projects on their jeans at home, today there is wide range of expressive denims readily available on the high-end market. From Stella McCartney’s new season gold polka dot and embroidered wildcat jeans, retailing at up to Dh2,500, to the Ashish sequinned pair costing about Dh7,800, embellished denims are clearly in demand. Ghandour recognised the global appeal of the dressed-up denim trend and experimented with it earlier this year, when S*uce launched its first in-house capsule collection, titled This Is Denim.

The capsule features denim dresses, blouses, skirts and kaftans decorated with colourful embroidery – all rose bouquets intertwined with hummingbirds. While the base is a typical blue-jean shade, embellishments are dainty and romantic, giving a playful vibe to the jazzed-up denims. “We wanted to introduce a line of denim that included fashion pieces rather than basic staple items,” says Ghandour. She adds that the addition of lace and embroidered elements elevated the pieces from basics to “must-haves” and claims that denim can no longer be confined to casual wear.

“Our capsule proves how it can be extremely fashionable and a standout piece, all on its own,” she says. Ghandour also designs for her own brand, Zayan the Label, for which she has included denim bomber-jacket styles with pastel and metallic bow motifs and embroidery. It’s clear that denim has evolved from the defining cloth of casual wear to a viable textile for high-end design, even here in the UAE.

But since it is so widely available, it can still be challenging for high-end brands to use denim in a truly “luxurious” way. While Ghandour decorates denims with intricate embroidery work, designer Osman Yousefzada says that “using small niche manufacturers, which do small runs and distinct finishing, gives you the rarity that you need”.

He launched his namesake label, Osman, in 2008 and in his latest collection, which is available at Symphony boutique in The Dubai Mall and online at Browns.com, Yousefzada includes on-trend pieces – namely a boyfriend blazer and a pair of culottes in sky-blue-hued denim. “I had been wanting to work with denim for a while – it’s the most ubiquitous fabric,” says Yousefzada.

Seeking this bespoke, pastel blue colour, he found a small mill in Japan that created the fabric on handlooms. “I’m even thinking of doing a denim ball gown, which would look amazing in the right shade of indigo,” he says.

Yousefzada’s musings go to show that designers haven’t yet had their fill of the functional fabric. “Denim will move beyond its basic nature and will begin to be used in more innovative and unexpected ways,” says Ghandour. Meanwhile, Mustafa speaks highly of Korean design duo Steve J and Yoni P, who are known to push the boundaries when it comes to denim, always incorporating the material in some way or another in their seasonal collections. Her favourite pieces include a corseted denim dress, a dungarees-meets-peplum dress and a denim bralette crop top. “My friend bought their denim overall dress and wore it on a night out – it looked so good,” she recalls.

Downey writes that a 1962 article in American Fabrics described denim to be "an honest fabric – substantial, forthright, and unpretentious". Yet it was also the textile of choice for Brazilian supermodel Izabel Goulart during autumn/winter 2015 couture week in July – and judging by her sultry gaze into the camera lenses of street-style photographers, the image she was going for was anything but unpretentious.

hlodi@thenational.ae

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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. 

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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.”

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Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

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Korean Film Festival 2019 line-up

Innocent Witness, June 26 at 7pm

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