Michael van der Ham has a signature look, but he clearly recognizes the risk in staying static—he really pushed himself today. His trademark appliquéd collage was still there, but instead of appliquéing on top of the garment, the technique came through as a cloud-like woven print. An achingly beautiful, dense black Italian cotton lace dress had an extraordinary jeweled hemline that was slashed and left hanging for an irresistible detail. The lace was inspired by an illustration from Van der Ham"s reference this season, the late, great 1960s magazine Intro.
That split-hem technique was used on a series of skirts and blouses to stirring effect, as was frayed chiffon appliqué. Cashmere intarsia and honeycomb pieces were also crowd-pleasers. Details abounded, but they were used fluidly: There were net overlays, bow details, and layered chiffon. The colors were vivid. Bright citrus and pinks will certainly stand out during gray fall, and the designer said he was thinking of his large clientele in hot-weather countries who demand color.
Van der Ham worked with velvet, but rather than do a top-to-toe look, he mostly used it on bodices and sleeve details. It also formed part of his most jaw-dropping look: a dove-gray lace dress with a beautiful double-layered velvet shoulder and a silk chiffon hem detail—the one that seems likely to generate a wait list.Read more from: https://www.kalakendra.org/upcoming-events/
Big-city glamour was the inspiration for Michael Kors" dazzlingly rich, unabashedly ladylike show, which is sure to usher in a season of polished, sophisticated dressing. Kors reinterpreted decadent deco classics—sleek, tailored coats, languid blouses and body-hugging metallic columns—in a way that brilliantly crystallized the opulence of the current fashion moment. There were also textured tweed suits, sumptuous cashmere sweaters (which are currently being treated as essential, everyday staples) and healthy doses of fur and feathers for good measure. How to accessorize the 1930s by way of 2000? With large pearls everywhere, sleek pumps, Minnie-the-Moocheresque head wraps and fedora hats and ice-cool diamond belts, of course.Read more from:https://www.kalakendra.org/upcoming-events/
Sportswear has become one of Fall"s buzzwords, and Michael Kors Outlet was not only in his element but in top crowd-pleasing form. Working in a palette of soft, flattering (read: salable) neutrals, with shots of safety orange and caution yellow, he laid the cashmere on thick. A knit dress shaded from cream to chestnut. An oversize face-framing cowl-neck pullover peaked out from beneath a Donegal tweed swing coat. And other sweaters, with plunging V-necks and deep keyholes, made an erogenous zone of the back.
The only thing he loves more than four-ply, of course, is fur. Here, Kors pulled out all the stops. It trimmed trenches and anoraks, even a stand-away-collar sheath. And—talk about luxe—he used truffle broadtail for a swing dress and coffee mink for a shift. Should the absolutely mammoth fox chubby in royal blue have suffocated the tiny model who wore it, any number of his front-row fans would"ve swooped in to pick it up—no second thought for the girl.
For evening, there was this season"s requisite fringe dress and an even shorter cocktail number in an oversize gold-and-brown sequin check, a riff on the collection"s glen plaid suiting. His signature long jersey dresses, meanwhile, were embroidered with clear crystals. Sexy, but they didn"t have the unleashed exuberance of his day looks.Read more from: https://www.kalakendra.org/upcoming-events/
Kors left no smart-guy classic untouched: From cashmere sweater set to camel blazer, from herringbone crombie to sharkskin suit, he re-created a capsule wardrobe for a thrusting young exec circa "63. But, just as the iciness of his women was warmed up by a hint of Winehouse, he brought his retro references up to the present with the punky fuzz of a saffron mohair sweater, or a shearling-lined duffel coat in viscous black patent. One conspicuous absentee from his lineup? Anything sporty, like sweatpants. Kors wants his young Hollywoodites to be dressed for the paps at all times.Read more from:https://www.kalakendra.org/upcoming-events/
The ETF universe continues to expand in size and popularity as more and more investors have grown comfortable with utilizing exchange-traded funds for everything from establishing core exposure in desired asset classes to using them as tactical trading tools. ETFs have rightfully earned their “easy-to-use” reputation as they have allowed for self-directed investors to access niche corners of the global market as well as other sophisticated strategies that were once out-of-reach for most [see Periodic Table of ETFs: What Popped and What Dropped in 2013].?
With innovation also comes complexity, and as such, it’s no surprise that the roster of actively-managed funds continues to expand. Investors can now pick from more than 60 actively-managed funds, but because many of these offerings tend to charge far steeper expense fees than their passive, plain-vanilla counterparts, many buyers are rightfully asking “Are the extra fees worth it?” [see Cheapest ETF for Every Investment Objective].
Which Active ETFs Beat the S&P 500 in 2013?Wall Street awards no points for fancy algorithms or complex rotation strategies, so what matters at the end of the day, or rather the year, is whether or not the extra percentage points you pay for your actively-managed strategy are earning you extra percentage points compared to what you could have achieved with a passive ETF linked to a traditional benchmark.
TickerETF2013 ReturnExpense RatioSPYState Street SPDR S&P 50032.31%0.09%RWGColumbia Large-Cap Growth Equity Strategy Fund44.66%0.89%TTFSAdvisorShares TrimTabs Float Shrink ETF43.55%0.99%FWDD?AdvisorShares Madrona Forward Domestic ETF38.58%1.12%HUSE?Huntington U.S. Equity Rotation Strategy ETF34.84%0.95%RPXColumbia Growth Equity Strategy Fund34.35%0.89%GVTColumbia Concentrated Large Cap Value Strategy Fund34.21%0.79%HECOHuntington EcoLogical Strategy ETF32.63%0.95%In an effort to answer this age old question, the table above features the seven actively-managed ETFs that managed to beat the market in 2013; please note this comparison excludes trading costs and is based around the SPDR S&P 500 (SPY, A), which gained just over 32% from 12/31/2012 to 12/31/2013 [see Head-to-Head ETF Comparison Tool].
Click to Enlarge
The image above illustrates how a number of these funds, namely TTFS and RWG, managed to consistently outperform the broad equity market throughout the course of the entire year, further adding merit to their respective strategies. Here is a brief look under the hood of the seven ETFs that ended the year ahead of the coveted S&P 500 ETF (SPY).
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Disclosure: No positions at time of writing.
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This post originally appeared at Thought Catalog. The author gave us permission to repost it here.
Whether it is an Ad, Media, Creative, whatever Agency, there is a shared struggle. Here are tips to survive this once eager career choice:
1. Create witty relationships with vendors/sale reps – they will be the only people that can provide you with real meals – trendy lunches and hot spot dinners. This will be one of the only ways to experience the “nicer things” your city has to offer.
2. Wear an oversized Michael Kors Outlet watch. Gold.
3. Eat the bread basket. Carbs are your friend and help give you strength to work 13 hour days.
4. Post pictures on Facebook/Instagram and tweet about all the fabulous events you attend and extravagant food you eat – “Segway tour with GQ Magazine. Perfect day to be outside!”. All your friends from high school that are too busy having babies will think you’re living a dream when the people that know your reality are relieved that you got to leave your cube and are getting exposure to sunlight.
5. Always say yes to mani/pedi meetings.
6. If you’re a man, always say yes to mani/pedi meetings.
7. Always schedule mani/pedi meetings over lunch because you are just so swamped with flowcharts, Nielsen data, building groovy masterpiece PPT decks (seriously the Van Gogh of PowerPoint in this biatch, custom templates what what!) – Soo Darn guess the vendor will have to provide lunch as well. A salad on your lap while your feet soak is a beautiful thing.
8. When at a vendor lunch/dinner order the most expensive thing on the menu (Because you can) and always take leftovers home since you know your fridge only consists of stale mixers and a bottle of Ciroc Vodka with about one shots worth left, Chinese take-out leftovers you keep avoiding to throw away and something molding in one of the crisper drawers that you will discover in a month.
9. While being surrounded by beautifully dressed, salon styled people and constantly confused on how they can afford Marc Jacobs bags, Burberry scarves, Tory Burch flats and Seven Jeans (since they are making the same 29k you are), don’t kill yourself to keep up! Buy some bold accessories at Forever 21 or from the sales bin at Banana… but when you see that soft leather bomber jacket at Nordstrom Rack that you cannot afford- Buy it. Then instantly schedule vendor lunches and RSVP to every evening event that consist of “Drinks and Apps” for the next two weeks. Hey, you have an awesome jacket to wear to all these gatherings now AND you won’t starve. Win Win.
10. Never date anyone in the office. But you will.
11. Have a roommate or 5.
12. Use 5 of those 32 vacation days and take a trip… Not sure how you will make that work but you will absolutely find a way.
13. Drink often. Preferably at $1 shots happy hour establishments OR on the vendor’s dime where the magnum bottle of Goose is flowing and you try that chili cucumber mint margarita/acai plum passion fruit martini (Again- because you can)…
14. When you’re finally home by 11pm, make some tea with the tea that you took from the office, then light candles to relax and sooth the stresses of your Microsoft Office work life. Plus let’s face it; you still owe last month’s electric. Hey- in a way you’re going green too. Bonus.
15. Invited to a sporting event but couldn’t care less??? GO. Or else you will just end up working late as hell as usual – this is very important: Always use work related events to get out of work whenever you can.
16. Always have Ramen Noodles in your cupboard!
17. Save packets of sauces and condiments you get from takeout- who needs to buy spices- I have soy sauce and ketchup for this rice- BAM! Instant Spanish Asian fusion right at home.
18. One night you will be eating at the best restaurant in town that you have been menu stalking for a month and the next have a box of mac and cheese that you made without milk… it happens. But use these moments to build character. You will forever be grateful from here on out… Not like you give a shit now.
19. Ice and coffee make great snacks.
20. Milk the Christmas party. Hell–pour that bottle of Moet all over your body with a mouthful of mediocre shrimp cocktail.
21. Walk by the break room often – if there is leftover food from a catered lunch – pull out your stashed food container, fill that bad boy up, store it and voila! Tomorrow’s lunch… then grab a paper coffee cup, put more food in the cup and eat. Eat whenever possible.
22. Be overly prepared for every Client facing meeting (every appendix in your PPT presentation should consist of 105 slides. Minimum.)
23. Don’t be sad when Clients don’t like or understand anything you present. They will stare into your soul with complete disappointment. They pay the agency zillions of dollars; they don’t give a shit about you or your upbeat and visually tantalizing PowerPoint or genius creative concept. “Hmmm. I don’t get it…”… There will be times where they will be difficult because they are clueless assholes… and because they can.
24. Make friends with the hip gay guy. He will be your guide to what’s hot and happening in the city and the best mixers to attend. He is your own personal Yelp that will listen to your dating life and encourage you to be a heartbreaker and strong man killer- mostly for his own entertainment. He will also be great for online shopping advice. Copy and pasting links into emails of a jacket at zara.com will be a daily form of communication.
25. Own rain boots. Preferably Hunter boots, or else you won’t look like everyone else on a rainy day.
26. Have a really close girlfriend at work that doesn’t seem to exist outside of the marble building. She will hear about every pointless detail of your weekends and all your “totally random” weekday adventures. Sometimes you feel like she is your best friend, but she isn’t. She will be your sidekick for lunchtime shopping trips and you will also know all about her and her live in boyfriend and what she cooks every night for dinner.
27. Accept the fact that you will never be friends with or ever like your boss. There will always be a sense of bitterness within an agency employee that has been there for 4+ years only to earn a 15% raise. They will never really like anyone except their spouse, He/She is pretty great.
28. Don’t talk politics. Majority of the people you work with are moderately liberal but there is always that closet conservative that creates “awkward moment” comments during a team breakfast.
29. Lastly, enjoy being young and hot with a cool sounding job! Everyone you work with is in the same boat and your next job will probably be a team of pregnant women. So go party on a Tuesday and only get 2 hours of sleep, your body won’t be able to handle it in 2 years and you will find yourself saying, “Even though I was completely broke, that was the best time of my life.”
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But Kors is nothing if not an equal-opportunity designer. He explained that an acid green and black stretchy wetsuit dress could work with black tights and ankle booties in New York or bare legs and flip-flops in St. Bart"s. Versatility is the key to what he described as his brand"s biggest season of the year. So is range. The bright, graphic lineup included everything from "eat-your-heart-out-Ursula" bikinis and a sleeveless stretch bouclé tennis dress to ten-ply cashmere sweaters and a reefer coat in a cashmere/angora mix.
The Resort season is just getting under way, but already neons and sport are emerging as two early trends. That puts Kors smack-dab in the middle of things.Read more from: https://www.kalakendra.org/upcoming-events/
Ikat motifs were reproduced in sumptuous black and gold shantung made into a coat, bell-shaped shift, and capri pants. And an agate—one of several stones he picked up in the markets there—informed the swirling cinnamon hue of a draped column dress and a popover top and matching short shorts. Bejeweled was the buzzword. The collars of brocade jackets and the bodice of a gold lamé gown were smothered in studs and crystals, and the gold chains of the models" flat sandals faintly jingled as they walked.
Opulent minimalism was how Kors described the collection. But if opulence came out ahead on the aforementioned pieces, minimalism got its due, too. An emerald green silk pajama set had an inviting ease. A black plonge leather shift was all unfussy elegance. An elongated black jacket worn with a cotton lisle T-shirt and gold crushed panne velvet pants was the crowd favorite. It"ll look cool in any time zone.Read more from:https://www.kalakendra.org/upcoming-events/
Forexpros – bsp;
Forexpros – U.S. stocks snapped a three day losing streak after manufacturing and employment numbers reflected a growing economy.
At the close of U.S. trade, the Dow Jones Industrial Average gained 0.38%, the S&P 500 advanced 0.33% and the Nasdaq Composite moved higher by 0.07%.
Eight out of ten sectors in the S&P 500 showed gains with consumer staples, health care and utilities leading the way, energy and technology lagged the group.
Plummeting crude oil prices helped lift the transportation sector, while the Federal Reserve Bank of Philadelphia"s general economic index soared to 10.3 in December from 3.6 last month signaling regional expansion.
Eric Teal of First Citizens Bancshares told Bloomberg, "The news on the U.S. front is surprisingly positive and provides some counterbalance to the uncertainty in Europe."
Novellus Systems led the market higher surging 15% after Lam Research agreed to buy the company for USD3.3 billion.
Not all sectors were bullish, energy companies declined on the oil rout with Chevron giving back 0.9%
Initial public offering, Michael Kors, a clothing company, soared over 20% at its trading debut today.
Across the Atlantic, European stock markets were higher with the EURO STOXX 50 adding 0.86%, France"s CAC 40 gaining 0.76%, while Germany"s DAX 30 was ahead by 0.98%. Meanwhile, in the U.K. the FTSE 100 advanced 0.63%.
Friday, investors are awaiting ECB head, Mario Draghi to speak, as well as U.S. inflation figures.
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Cashmeres, his familiar one-shoulder dresses, sporty swimsuits—this collection had many of the Kors signatures. Only this time around, the sweaters came holey, as if they"d been stuffed into the bottom of a rucksack (OK, maybe better to leave them in there); an asymmetrical dress was woven and fringed by hand; and the tank suits were accessorized with utilitarian belt bags. Morocco? Montauk? A green and red tie-dyed cover-up will look just as right on the sands of either place. But if his gals will take a pass on a scrappy patchwork sweater and skirt, they won"t need to book a trip to the Lebombo Lodge, which he mentioned in his program, to want to scoop up his suede jumpsuits, camp shirts, and wrap skirts.
Sarongs might be a tougher sell with the Michael Kors Outlet man, but there were other pieces that delivered the look in less obvious doses: long, dip-dyed scarves, slouchy cargos, ropy sweaters, and washed leather jackets.Read more from: https://www.kalakendra.org/upcoming-events/