{"id":552640,"date":"2022-09-19T13:15:27","date_gmt":"2022-09-19T13:15:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/egypt-to-play-host-to-dior-fashion-show-for-the-first-time-russia-is-upending-luxury-diamond-sales\/"},"modified":"2022-09-19T13:15:27","modified_gmt":"2022-09-19T13:15:27","slug":"egypt-to-play-host-to-dior-fashion-show-for-the-first-time-russia-is-upending-luxury-diamond-sales","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/egypt-to-play-host-to-dior-fashion-show-for-the-first-time-russia-is-upending-luxury-diamond-sales\/","title":{"rendered":"Egypt to play host to Dior fashion show for the first time + Russia is upending luxury diamond sales"},"content":{"rendered":"

<\/a> Dior is bringing one of its shows to Egypt for the first time: <\/strong>The French luxury fashion house will unveil its upcoming men\u2019s pre-fall collection against the backdrop of the Giza Pyramids on 3 December this year, according to a statement to WWD<\/a>. \u201cDesigned by Kim Jones, the celestial collection celebrates a lifelong passion for travel,\u201d the brand said in the statement. British fashion designer Kim Jones, who has served as artistic director of Dior Homme since 2018 has ties to Africa, having grown up in Botswana, Tanzania, Ethiopia, Kenya and Ghana. Dior resumed its tradition of traveling men\u2019s pre-fall collections with a show in London last year, after it was halted due to covid-19. Jones previously staged pre-fall runway shows in Miami and Tokyo.<\/p>\n

From Mumbai to Manhattan, secret Russian diamond sales are threatening global<\/strong> markets:<\/strong> Russian diamonds are being secretly sold for USD hundreds of mns per month, splintering the worldwide market that spans from cutting factories in Mumbai to upscale luxury shops on Fifth Avenue in New York, Bloomberg<\/a> reports, citing people with knowledge of the matter. Since Russia\u2019s invasion of Ukraine, Russian mining firm Alrosa \u2014 which accounts for about a third of the world's rough diamond supply \u2014 was slapped with US sanctions, leading many in the industry to refuse to do business with Russian gems. However, some buyers in India and Belgium are (quietly) snatching up substantial quantities at attractive prices, picking and choosing the diamonds as they please.<\/p>\n

The Russian miner is luring buyers in with unusually attractive terms:<\/strong> While most banks in Europe and the Middle East have stopped financing purchases from Alrosa, the firm is providing benefits, such as uncommon flexibility, to those who are still prepared to purchase. Meanwhile, shops that are trying to avoid Russian jewels are worried about a shortage of diamonds, especially the little and inexpensive ones in which Alrosa \u2014 all of the Russian stones mined before the conflict have almost entirely been used up, according to Bloomberg\u2019s sources. And boycott attempts would likely fail since it\u2019s pretty difficult, if not impossible, to track stones once they enter the supply chain, as a diamond can be retraded and remixed numerous times before being used in an engagement ring or pendant.<\/p>\n

\n

China\u2019s robotic nation: <\/strong>China\u2019s industrial robots installations in its factories last year were almost double the number of installations across factories in the Americas and Europe, as the nation pushes with efforts to fortify its manufacturing dominance amid a widening labor market gap, the Wall Street Journal<\/a>reports. Data by the International Federation of Robotics (IFR), seen by WSJ, showed industrial robots shipments up 45% last year to over 243k. The accelerating automation comes under China\u2019s plan to adapt to a dwindling labor market, with economists saying that the populous country can no longer depend on a widening labor force to boost economic growth. \u201cYou can\u2019t wait until you run out of people to start [reckoning] with it,\u201d said Andrew Harris, deputy chief economist at Fathom Consulting in London.<\/p>\n","protected":false},"excerpt":{"rendered":"

Dior is bringing one of its shows to Egypt for the first time: The French luxury fashion house will unveil its upcoming men\u2019s pre-fall collection against the backdrop of the Giza Pyramids on 3 December this year, according to a statement to WWD. \u201cDesigned by Kim Jones, the celestial collection celebrates a lifelong passion for […]<\/p>\n","protected":false},"author":1,"featured_media":552641,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[116,317,2895,633,8297,638,1095,639],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-552640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-china","tag-commodities","tag-dior","tag-enterprisepm","tag-fashion","tag-for-your-commute","tag-russia-ukraine-war","tag-technology","wpautop","entry"],"acf":{"mongo_id":"eeb2f3fe-f407-42f8-a678-6076e89126aa","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/9\/524.jpg","photo_position":"above","related_issue":[552636],"teaser":"","voice_url":""},"yoast_head":"\nEgypt to play host to Dior fashion show for the first time + Russia is upending luxury diamond sales - 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Here are a selection of headlines worth noting: Dior goes Dune at the Pyramids: French luxury fashion house Dior launched its Fall collection against the backdrop of the Giza Pyramids. (GQ)Israel\u2019s ties with Egypt and Jordan may be at\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/39.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577779,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/05\/the-global-fashion-press-is-still-talking-about-diors-show-at-the-giza-pyramids\/","url_meta":{"origin":552640,"position":2},"title":"The global fashion press is still talking about Dior\u2019s show at the Giza pyramids","author":"enterpriseam admin","date":"5 December 2022","format":false,"excerpt":"Dior\u2019s dramatic Pre-Fall Men 2023 runway show at the Giza pyramids complex is continuing to get attention in the international fashion press this morning: The event, which showcased the work of English menswear designer Kim Jones, featured 75 models trekking through the desert beside the pyramids, and drew high profile\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/69.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577902,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/cairo-angels-has-a-new-face\/","url_meta":{"origin":552640,"position":3},"title":"Cairo Angels has a new face","author":"enterpriseam admin","date":"8 December 2022","format":false,"excerpt":"STARTUPS- Cairo Angels is now the Acasia Group: Local investor outfit Cairo Angels has rebranded as Acasia Group, according to a press release (pdf). The group is made up of three entities: VC firm Acasia Ventures, startup events and programs coordinator Acasia Impact, and angel investor group Acasia Angels. What\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/162.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":580011,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/01\/this-evening-contracts-for-first-usd-3-bn-phase-of-desalination-program-coming-in-2023-eu-wants-to-buy-russian-oil-at-usd-60-per-barrel\/","url_meta":{"origin":552640,"position":4},"title":"THIS EVENING: Contracts for first USD 3 bn phase of desalination program coming in 2023 + EU wants to buy Russian oil at USD 60 per barrel","author":"enterpriseam admin","date":"1 December 2022","format":false,"excerpt":"Good afternoon, folks. Only five sleeps separate us from meeting with all you good folks at the Enterprise Climate X Forum at the Grand Egyptian Museum on Tuesday, 6 December. More on that below.THE BIG STORY TODAY Gov\u2019t to award contracts for first USD 3 bn phase of desalination program\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/618.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":615947,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/26\/the-new-look-mixes-fact-and-fiction-to-capture-life-in-nazi-occupied-france\/","url_meta":{"origin":552640,"position":5},"title":"The New Look mixes fact and fiction to capture life in Nazi-occupied France","author":"enterpriseam admin","date":"26 February 2024","format":false,"excerpt":"The series is an espionage drama focused on Coco Chanel and Christian Dior","rel":"","context":"In "ENTERPRISE RECOMMENDS"","block_context":{"text":"ENTERPRISE RECOMMENDS","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-recommends-2\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2489.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/552640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=552640"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/552640\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/552636"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/552641"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=552640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=552640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=552640"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=552640"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=552640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}