Latest news with #Abadia
Saudi Gazette
24-05-2025
- Entertainment
- Saudi Gazette
Saudi Fashion Awards spotlight homegrown creativity as Rawan Kattoa, Abadia, and Talida Tamer honored
Saudi Gazette report RIYADH — Saudi stylist Rawan Kattoa took home the Styling Award, designer Rayan Nowawi won for Fashion Photography, and luxury label Abadia was named Best Womenswear Brand at the 2025 Saudi Fashion Awards, held Thursday night in Riyadh. Jewelry house Charmaleena won for Jewelry Design, while KML was recognized as Best Menswear Brand. Model Talida Tamer received a special Honorary Award for her pioneering role in representing Saudi beauty on the global stage. Hosted by the Saudi Fashion Commission at the King Abdullah Financial District (KAFD), the ceremony honored achievements across ten fashion and beauty categories. The event, staged in collaboration with Fairchild Media Group and WWD magazine, featured red carpet moments, live performances, and a diverse mix of regional icons and international winners at the WWD Global Fashion Awards included Alessandro Sartori for International Designer of the Year, celebrity makeup artist Patrick Ta for Global Beauty Innovator, Korean skincare brand Glow Recipe for Best International Beauty Brand, and Italian luxury house Tod's for Best Heritage year's edition placed a particular emphasis on the beauty industry, with an expanded judging panel that included stylist Law Roach, Fashion Commission CEO Burak Cakmak, Institut Français de la Mode Dean Xavier Romatet, Hia Editor-in-Chief Mai Badr, Fairchild Media President Amanda Smith, and Saudi entrepreneur Mohamed Aldabbagh.'The Saudi fashion industry is evolving at a remarkable pace,' said Cakmak. 'These awards celebrate a new generation of leaders who are reshaping how fashion is seen and made in the region.'Mai Badr said: 'When we empower Saudi creatives to tell their story, we build an authentic cultural narrative that resonates globally.'Xavier Romatet praised the innovation emerging from the Kingdom, calling the discovery of next-generation talent in Saudi Arabia 'a thrilling challenge in a country full of potential.'
CairoScene
22-05-2025
- Entertainment
- CairoScene
Saudi Label Abadia Is Hosting Its First Pop-Up in Egypt
Hosted at Villa M by Marakez, the pop-up is a celebration of cross-cultural design, wrapped in linen, rhythm, and good company. May 22, 2025 Saudi fashion house Abadia is making its Cairo debut — and it's doing so in style. On Saturday, May 24th, Zamalek's Villa M will play host to the label's first Egyptian pop-up, transforming the space into a fashion-led gathering of music, craft, and conversation. From 2pm to 8pm, guests will preview Abadia's signature silhouettes before the space opens to the public. Known for its minimal designs, the brand fuses traditional Saudi craftsmanship — from Sadu weaving to Naqda embroidery — with clean, modern tailoring. The result is a design language that nods to heritage without being weighed down by it. The event promises a tad more than just your average fashion forward line-up: curated bites, cocktails, and a soundtrack to match. There are also whispers of a few surprises planned for the afternoon — the kind of thoughtful flourishes Abadia is known for. Hosted at Villa M by Marakez, the pop-up marks more than a commercial expansion. It's a celebration of cross-cultural design, wrapped in linen, rhythm, and good company.
Reuters
21-02-2025
- Business
- Reuters
Mexico economy contracts 0.6% in the fourth quarter as trade tensions loom
Feb 21 (Reuters) - Mexico's economy shrank in the fourth quarter for the first time in more three years, official data showed on Friday, as the central bank expects at best lackluster growth next year and economists see stiff risks ahead including trade tensions. Statistics agency INEGI estimated that gross domestic product (GDP) contracted 0.6% in the October-to-December period when compared to the previous quarter, matching market expectations in a Reuters poll. The data, marking the first drop on a sequential basis since the third quarter of 2021, confirmed preliminary data from INEGI last month that underscored ongoing challenges faced by Latin America's second-largest economy. Fourth-quarter GDP was dragged down by an 8.5% quarter-on-quarter decline in the economy's primary sector, which includes farming, fishing and mining. Secondary or manufacturing activities were down 1.5%, though services grew 0.2%. "These figures confirm that growth slowed in Q4 due to several headwinds, including tight financial conditions, heightened external risks, domestic uncertainty and bad weather," said Andres Abadia of Pantheon Macroeconomics. Slowing economic activity, coupled with cooling inflation, is seen helping drive borrowing costs lower in Mexico, where the benchmark interest rate stands at 9.50%. On Thursday, the central bank signaled it might continue cutting the rate at future meetings and could "consider adjusting it in similar magnitudes" to its most recent 50-basis- point reduction. "Lower interest rates, falling inflation and still-healthy real wages will prevent a prolonged contraction in the short term," noted Abadia. "The key threat remains the risk of a tariff war," he added, referring to threats from U.S. President Donald Trump to slap across-the-board duties on Mexican goods. The United States is by far Mexico's top trade partner. In annual terms, Mexico's economy expanded 0.5% in the fourth quarter compared to a year earlier. Growth in the full year reached 1.2%. The Bank of Mexico expects growth this year to slow to 0.6%. It halved its forecast this week and even sees a possibility it could slide into recession, contracting by as much as 0.2%.
