Relaxnews French fashion house Carven is suspending its menswear line and bidding goodbye to designer Barnabé Hardy. The label is making the move in a bid to focus on its womenswear line, reports WWD. “Barnabé Hardy has been the soul of Carven’s men’s collection since 2015,” Chief Executive Officer Sophie de Rougemont told the site. “It has been an ...

  Relaxnews The first looks from the upcoming Kenzo x H&M collaboration have been unveiled. The Swedish retailer has revealed three looks from the highly anticipated collection, and it is, predictably, a bold affair. Channelling the Parisian fashion house’s love of colorful print, the looks seamlessly blend athleisure wear with more glamorous pieces with vibrant results. Think tiger-print jersey rollneck ...

  Relaxnews Haute couture designer Jean Paul Gaultier has developed a taste for collaborations. The French fashion icon is teaming up with Italian retail chain OVS on a new capsule collection for fall, WWD reports. The collection will comprise 60 pieces spanning ready-to-wear and accessories for both men and women, titled ‘Jean Paul Gaultier for OVS’. It will launch in ...

  Relaxnews The Costume Institute has revealed the theme for its Fall 2016 exhibition. Titled “Masterworks: Unpacking Fashion,” the exhibition will go on show in the New York museum’s Anna Wintour Costume Center this November, featuring significant fashion acquisitions over the past 10 years. Curated by Assistant Curator Jessica Regan and Curator in Charge Andrew Bolton, the show will explore ...

  DPA In the Ugandan capital Kampala, a pot-holed dirt road weaves through a cluster of shacks along a stinking stream until a helicopter made from scrap metal emerges into view. “Welcome to Wakaliwood,” movie director Isaac Nabwana says, stepping out of a group of actors dressed as soldiers or gangsters. Nabwana’s company, Ramon Productions — known as Wakaliwood — ...

  TNS If you’re planning to launch a mobile app to generate revenue, you won’t like the look of these figures. Research from Gartner estimates that fewer than 0.01% of apps will be considered a financial success through to 2018. With an average investment of $270,000 to design, build and launch an app, it’s not a small project by anyone’s ...

  Bloomberg Abu Dhabi sovereign investment fund Mubadala Development Co. will acquire a 20 percent stake in alternative investment firm Investcorp Bank BSC, which has backed companies including Tiffany & Co. and Gucci Ltd. under founder Nemir Kirdar. Mubadala will secure a 9.99 percent stake immediately and a further 10.01 percent after gaining regulatory approval, Investcorp said in a statement ...

  ABU DHABI / WAM Within its endeavour to co-operate with relevant entities in undertaking its regulatory role, the Federal Authority for Nuclear Regulation (FANR) has signed a Memorandum of Understanding (MoU) with the General Authority of Ports, Border and Free Zones Security (MANAFTH). The MoU aims to promote co-operation in the field of radioactive and nuclear materials security in ...

  Dubai / Emirates Business The National Bank of Ras Al-Khaimah (RAKBANK) on Thursday announced a consolidated net profit of AED 445.5 million for the half-year ended 30 June 2016. The Group’s operating profit increased by 12.0% to AED 1.3 billion as a result of an increase in total income by 3.2% and a reduction in operating cost by 10.0%. ...

  Abu Dhabi / WAM Ras Al-Khaimah Free Trade Zone (RAK FTZ) has received another prestigious award from the inaugural BURJ CEO Awards, winning the “Best Global Free Zone,” at Washington DC, USA, RAK FTZ’s third recognition from award-giving bodies this year. On behalf of the free zone, Izzat Barakat, RAK FTZ’s Chief Commercial Officer, accepted the award from H.H. Sheikh ...