Lebanese beauty star Maya Ahmad does Coachella in style

Maya Ahmad is a make-up artist and beauty blogger. (AFP)
Updated 17 April 2018
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Lebanese beauty star Maya Ahmad does Coachella in style

DUBAI: Lebanese make-up artist and beauty blogger Maya Ahmad is soaking up the sun at US music festival Coachella this week — and giving us serious holiday goals while she’s at it.

The social media star, who has more than one million followers on her Instagram account @themayaahmad, posted a snap of herself at the hugely famous California-based festival wearing distressed denim shorts and a fringed jacket over a cropped black halter neck top.

Ahmad captioned the photograph, “Day 2. Still not over Beyoncé.”

Beyoncé returned spectacularly to the stage Saturday with a joyous, homecoming-themed party at the Coachella festival where she delighted fans with a rare reunion of her former trio, Destiny’s Child, AFP reported.
Before a sea of some 100,000 people in the southern California desert, the pop superstar headlined the second night of the premier global music festival, ending a year-long hiatus from live music as she gave birth to twins.
Beyoncé showed no sign of slowing down after her maternity leave, singing and strutting her stuff for two hours as she led around 100 back-up dancers and musicians.
Her husband, rap mogul Jay-Z, popped up on stage toward the end of her set to join in their song “Deja Vu.” But he turned out to be only a preview of a less routine guest appearance.
With an audio recording of novelist Chimamanda Ngozi Adichie’s essay “We Should All Be Feminists” allowing Beyoncé a moment to prepare, she re-emerged on stage with the unmistakable silhouette of three figures.
Fellow Destiny’s Child members Kelly Rowland and Michelle Williams joined Beyoncé for three of the trio’s songs, including “Say My Name.”
It was their first reunion since Beyoncé’s Super Bowl halftime show in 2013. The group propelled Beyoncé to stardom but was also beset by internal friction.
On Saturday, Beyoncé referred to her bandmates as her “sisters” — and was also joined on stage by her real sister, Solange Knowles.
Beyoncé made clear from the start that Coachella was about reuniting, with an announcer starting the show by welcoming guests to her “homecoming.”
A school’s worth of brass and string players played from stadium-style stands as Beyoncé entered to a New Orleans-style march. She sported an all-American outfit of tight jean shorts and a collegiate sweatshirt — the Greek letters, of course, starting with “B.”
The superstar is set to return to the stage this coming weekend as the Coachella festival returns with an identical line-up.
Cardi B is also set to return to the stage after a triumphant first performance on Saturday. She was one of the most avidly awaited performers at Coachella, not only because she is rising quickly in hip-hop but because the 25-year-old — engaged to fellow rapper Offset of Migos — recently revealed that she is pregnant.
Despite her visible baby bump, Cardi B briefly squatted to twerk to the beat, comfortably getting back up to finish her dance moves.
The Bronx native has quickly found stardom with unsentimental rhymes about her rough life, AFP noted.
After the hard edges of her breakthrough song “Bodak Yellow,” Cardi B has shown greater musical versatility. Her debut album, “Invasion of Privacy,” brought in energetic, street festival-style horns on the track “I Like It,” which she performed live at Coachella.
Cardi B has demonstrated striking candor about the finances of playing Coachella — arguably the most watched festival in the world, especially this year with Glastonbury in Britain on a scheduled break.
She told satellite radio SiriusXM that she spent $300,000 of her own money to develop a worthy set for Coachella, where she will earn only $140,000.


Michael Kors agrees to buy Versace for €1.83 billion

Updated 25 September 2018
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Michael Kors agrees to buy Versace for €1.83 billion

MILAN: US fashion group Michael Kors has agreed to buy Versace in a deal valuing the revered designer at $2 billion including debt, the companies said on Tuesday, making it the latest Italian brand to fall into foreign hands.
Michael Kors, whose namesake label is best known for its leather handbags, has made no secret of its ambition to grow its portfolio of high-end brands after buying British stiletto-heel maker Jimmy Choo for $1.2 billion last year.
Versace, known for its bold and glamorous designs and its Medusa head logo, was one of a clutch of family-owned Italian brands cited as attractive targets at a time when the luxury industry is riding high on strong demand from China.
“We believe that the strength of the Michael Kors and Jimmy Choo brands, and the acquisition of Versace, position us to deliver multiple years of revenue and earnings growth,” John Idol, chairman and CEO of Michael Kors said.
As part of the deal, Michael Kors agreed to buy all of Versace’s outstanding shares for a total enterprise value of €1.83 billion ($2.2 billion), to be funded in cash, debt and shares in Michael Kors Holding Ltd, which will be renamed Capri Holdings Ltd.
US private equity firm Blackstone, which bought 20 percent of Versace back in 2014, will fully exit its investment.
The Versace family, which currently owns 80 percent of the fashion house via a holding company called Givi, will receive €150 million of the purchase price in Capri shares.
“We believe that being part of this group is essential to Versace’s long-term success. My passion has never been stronger,” said Donatella Versace, sister of the company’s late founder, and artistic director and vice president of the Milan-based group.
After the deal, Versace CEO Jonathan Akeroyd will remain at the helm of the company, while Donatella Versace will “continue to lead the company’s creative vision,” Idol added.
The deal is expected to close in the fourth fiscal quarter, subject to regulatory approvals.
Michael Kors said it plans to grow Versace’s global sales to $2 billion globally, boost its retail footprint to 300 stores from around 200 at present and accelerate its e-commerce strategy. It also plans to raise the share of higher-margin accessories and footwear to 60 percent of sales from 35 percent.
Versace does not disclose its financial details, but documents deposited with the Italian chamber of commerce show that last year it posted sales of €668 million and earnings before interest, tax, depreciation and appreciation of €45 million.