Rihanna heads to the UAE for a beauty masterclass

Singer, businesswoman Rihanna will visit Dubai to host her first ever Fenty Beauty Artistry & Beauty Talk on Sept. 29
Updated 05 September 2018
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Rihanna heads to the UAE for a beauty masterclass

  • Rihanna will be in the UAE for first Fenty Beauty Artistry & Beauty Talk make up class in Dubai
  • Venue is yet to be confirmed, but tickets are available starting Sept. 10

DUBAI: Barbadian pop legend Rihanna is asking for just two hours of your time to teach you how to do your make-up — Fenty style.

As the founder of Fenty Beauty, named by Time magazine as the Best Innovation of 2017, the 30-year-old singer and businesswoman heads to the UAE on Sept. 29 for her first masterclass in makeup, billed at $1,497 per session.

The venue for the one-day event has yet to be finalized, with tickets available for purchase from 2 p.m. on Thursday.

This is not Rihanna’s first venture into the Middle East — Fenty Beauty flooded Saudi Arabia with its products in April this year. 

In the UAE, the event has been co-sponsored by Sephora. Proceeds from the event will go to Dubai Cares, a charitable organization that works with UN aid agencies and international NGOs in an effort to improve children’s access to education in developing countries.

For her part, uses the proceeds from Fenty Beauty beauty line towards charitable causes that benefit underprivileged girls across the world, especially in Africa and the Caribbean.

The star’s announcement comes fresh off the back of recent controversy surrounding her new eyeshadow palette “Moroccan Spice.”

In July, detractors accused her of cultural appropriation over a collection of 16 eyeshadow shades with names such as “Fez up,” “Desert baked” and “Shisha smoke.”

The palette’s desert-themed video featured models posing next to a camel with Arab-influenced music playing in the background.

However, some social media commenters slammed the campaign for not using Moroccan models. “Moroccan Spice with no Moroccan models to represent it. If Rihanna was white, her brand would be tarnished from the backlash she’d receive for this Orientalist nonsense,” a twitter user had said at the time.

Others took umbrage to the fact that the video was shot in the US, instead of Morocco.

Talking about the inclusive nature of her beauty products Rihanna had said that “Fenty Beauty was created for women of all shades, personalities, attitudes, cultures and race.

“I wanted everyone to feel included, that’s the real reason I made this line,” the singer, with a supposed net worth of $245 million, said. 

The artist’s association with Saudi Arabia is not limited to her makeup line. She is reportedly dating billionaire Saudi businessman Hassan Jameel. The pair have yet to confirm their alleged romance, however.


Michael Kors snaps up Italy’s Versace — sources

Updated 24 September 2018
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Michael Kors snaps up Italy’s Versace — sources

  • Donatella Versace called staff meeting for Tuesday - source
  • Family to retain a role, Blackstone will fully exit - sources

LONDON: US fashion group Michael Kors Holdings Ltd. has agreed to take control of Italy’s Versace in a deal that could value the company at $2 billion, sources familiar with the matter said on Monday.
The deal comes as budding luxury conglomerates, including Michael Kors’ US rival Tapestry, owner of Coach and Kate Spade, are trying to make in-roads into an industry still dominated by major European players, including Louis Vuitton owner LVMH.
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 swooping on British stiletto-heel maker Jimmy Choo for $1.2 billion last year.
Versace is one of a clutch of family-owned, independent Italian brands that have regularly been cited as attractive targets at a time when the luxury industry is riding high on strong demand from Chinese consumers.
But not all brands have benefited equally, with some struggling to refresh their image or products to capture a younger audience, and some fashion groups are looking to diversify with more labels to face such challenges.
The deal gives Michael Kors a mega-brand and red carpet favorite that is among the most recognizable and followed fashion labels in the world. Two of the three sources who spoke to Reuters said the company had agreed to pay a large premium for Versace, known for its Medusa head logo.
Michael Kors could not immediately be reached for comment. Versace declined to comment.
Donatella Versace, sister of late founder Gianni who doubles as artistic director and vice president of the Milan-based group, has called a staff meeting for Tuesday, according to a person who was briefed by a company employee.
The Italian fashion icon has been considering a market listing after US private equity group Blackstone bought a 20 percent stake back in 2014 to fund overseas expansion, although Chief Executive Jonathan Akeroyd told Reuters earlier this year there was no rush for a market debut.
After investing in Versace at a high multiple, Blackstone found the fashion group’s performance disappointing and not sufficient to justify a market listing, said one of the sources, who is close to the family.
“They gradually persuaded the family to look into a possible sale and introduced them to a series of buyers, including Michael Kors,” the person added.
“Blackstone wasn’t going to put any more money into it. They needed a buyer who could make heavy investments.”
“OVERPRICED“
French fashion houses including Paris-based Kering were among those holding talks with the Versace family, the sources said, but considered the price too expensive.
“They didn’t feel the need to invest so much money into another Italian fashion brand. It was overpriced,” the source said.
Kering declined to comment.
As part of the deal, Blackstone will fully exit the Italian company, while the Versace family, which owns the rest of the fashion house, will keep a role, the sources said.
Blackstone declined to comment.
An official announcement is expected this week, the sources said.
Versace does not disclose its financial details, but documents deposited with the Italian chamber of commerce show the Milan-based group last year posted sales of 668 million euros ($786 million) and earnings before interest, tax, depreciation and appreciation (EBITDA) of 44.6 million euros.
The group last year returned to a net profit of just under 15 million euros compared with a net loss of 7.9 million euros the previous year. ($1 = 0.8499 euros)