Stanley Cup devotees share their collections and the lengths they'll go to to buy limited-edition versions on social media. Photo: @doesnttiktok / TikTok; Stanley; @jazzedbyjaz / TikTok
Stanley Cup devotees share their collections and the lengths they'll go to to buy limited-edition versions on social media. Photo: @doesnttiktok / TikTok; Stanley; @jazzedbyjaz / TikTok
Stanley Cup devotees share their collections and the lengths they'll go to to buy limited-edition versions on social media. Photo: @doesnttiktok / TikTok; Stanley; @jazzedbyjaz / TikTok
Stanley Cup devotees share their collections and the lengths they'll go to to buy limited-edition versions on social media. Photo: @doesnttiktok / TikTok; Stanley; @jazzedbyjaz / TikTok

My Stanley cup runneth over with concern for TikTok generation


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If you had “insulated cup becomes latest social media status symbol sparking mini riots in shops as people with too much time on their hands step on one another’s faces to get one” on your 2024 bingo card, then congratulations.

Tick it off and pat yourself on the back for your Cassandra-like ability before we collectively witness the imminent collapse of society. Or perhaps I’m reading too much into it. It’s just a cup and I’m still tired after the winter break.

The Stanley cup, a stainless-steel drink receptacle (as opposed to the championship trophy awarded to the National Hockey League champions) has, over the past few months, become the must-have item to pose with on TikTok and Instagram.

Buoyed by the release of a recent limited edition – named the “Galentine’s Day” – these pink and red versions of the cup caused stampedes at Target shops across the US at the beginning of the month.

Videos posted to TikTok show people queuing from 4am, rushing through the doors to grab the $45 cup and nearly overrunning the store and each other. All for the privilege of being a guileless plaything of late-stage capitalist consumerism. Have we learnt nothing from NFTs?

The Quencher is the brand’s flagship bottle, distinguishable from its other offerings, the IceFlow, and the Water Bottle, by its built-in straw and handle.

The stainless steel behemoth, coming in at 1,200ml, is huge. Succession’s Tom Wambsgans would not approve of this “ludicrously capacious” cup, but in internet aesthetic terms, the size is very much the point, making its Lululemon-wearing owner look even more petite and cutesy clutching it.

The vacuum flask wasn’t always a style statement. Created in 1913 by American physicist and inventor William Stanley Jr, and mass-produced by 1915, the Stanley bottle was initially aimed at blue-collar workers who wanted to keep their cooked lunch warm throughout the workday. During the Second World War, it was carried by pilots and submariners and was later used to transport human organs and medicines.

But honestly, most people used it simply to keep their coffee hot.

This staple of the workman’s bag would eventually move indoors to be tossed on the floor at the gym along with a towel, or found on a colleague’s desk, marking them out as the person in the office who spent 10 minutes each day systematically draining the water cooler to fill the thing.

Then along came the “VSCO girl”, named after the VSCO photography app they used to edit and post photos. The hot-for-a-minute internet aesthetic replicated and aped around the globe by those insatiable arbiters of pop culture: teenage girls.

In the same way that subcultures throughout history have been identifiable by a single item – 1940s bobby soxer socks, punk mohawks, goth eyeliner – one of the VSCO girl’s most coveted accessories was her water bottle.

There's an anonymous quote that often resurfaces on social media, concerning recent generations. “We are the middle children of history,” it goes, “born too late to explore Earth, born too early to explore space.”

This definition of the apparent lack of purpose faced by generations Z and Alpha makes sense.

The so-called Greatest Generation were shaped by two world wars, boomers by the space race, Gen X by vast political and cultural upheaval, millennials by the rise of the internet. Each shift giving birth to a brave new world to be explored and, if necessary, survived.

What do generations Z and Alpha have? Social media.

New limited-edition product releases are their Neil Armstrong on the Moon. A live-streamed fight to buy the product their fall of the Berlin Wall.

The Stanley cup is a perfect case in point. When WaterTok arrived with an, ahem, splash, on TikTok in mid-2023, the hashtag took something we had all previously given little thought to beyond: “I wonder which Hunger Games district I’ll represent when the world’s water runs out”, and turned it into a Thing. Capital T.

WaterTok spawned hundreds of thousands of ways to drink, serve, flavour, pour and cool H2O, meaning influencers needed a way to show they could not only drink water more inspirationally than their audience, but contain it in a more aesthetically pleasing way too.

The Stanley Quencher cup was already available in an array of colours – the method by which companies in the internet age get digital natives to buy the same item over and over – and it took Stanley's annual sales from US$70 million in 2019 to $750 million in 2023, thanks to young, mostly female, buying power.

Further shaping Stanley Cup lore was an American woman, Danielle Lettering.

In November 2023, Lettering went viral after her car caught fire by the side of the road. Sharing a video of the burnt rubber, destroyed dashboard and scorched seats, Danielle showed that her Stanley Cup had not only survived the fire, but that the ice inside it hadn’t melted.

Stanley not only presented her with a new cup, but also a new car.

All of which brings us to a point in history where videos titled “Organise my Stanley Cups with me” – where do I sign up? – garner millions of views, while rarities and limited editions fetch up to $450 on the resale market.

Hydration as status, coupled with the irony of a reusable product meant to promote environmentalism being a cause of overconsumption; for clout-chasers, sorry, devotees, the Quencher represents the bestest, shiniest version of themselves in tumbler form.

The message is clear: I hydrate, therefore I am (better than you).

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Company profile

Name: Thndr

Started: October 2020

Founders: Ahmad Hammouda and Seif Amr

Based: Cairo, Egypt

Sector: FinTech

Initial investment: pre-seed of $800,000

Funding stage: series A; $20 million

Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC,  Rabacap and MSA Capital

Teri%20Baaton%20Mein%20Aisa%20Uljha%20Jiya
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Amit%20Joshi%20and%20Aradhana%20Sah%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECast%3A%3C%2Fstrong%3E%20Shahid%20Kapoor%2C%20Kriti%20Sanon%2C%20Dharmendra%2C%20Dimple%20Kapadia%2C%20Rakesh%20Bedi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Company profile

Name: Steppi

Founders: Joe Franklin and Milos Savic

Launched: February 2020

Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year

Employees: Five

Based: Jumeirah Lakes Towers, Dubai

Financing stage: Two seed rounds – the first sourced from angel investors and the founders' personal savings

Second round raised Dh720,000 from silent investors in June this year

MATCH INFO

Manchester United 6 (McTominay 2', 3'; Fernandes 20', 70' pen; Lindelof 37'; James 65')

Leeds United 2 (Cooper 41'; Dallas 73')

Man of the match: Scott McTominay (Manchester United)

My Country: A Syrian Memoir

Kassem Eid, Bloomsbury

Fines for littering

In Dubai:

Dh200 for littering or spitting in the Dubai Metro

Dh500 for throwing cigarette butts or chewing gum on the floor, or littering from a vehicle. 
Dh1,000 for littering on a beach, spitting in public places, throwing a cigarette butt from a vehicle

In Sharjah and other emirates
Dh500 for littering - including cigarette butts and chewing gum - in public places and beaches in Sharjah
Dh2,000 for littering in Sharjah deserts
Dh500 for littering from a vehicle in Ras Al Khaimah
Dh1,000 for littering from a car in Abu Dhabi
Dh1,000 to Dh100,000 for dumping waste in residential or public areas in Al Ain
Dh10,000 for littering at Ajman's beaches 

Andor
%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Tony%20Gilroy%3Cbr%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EDiego%20Luna%2C%20Genevieve%20O'Reilly%2C%20Alex%20Ferns%3Cbr%3E%3Cstrong%3ERating%3A%205%3C%2Fstrong%3E%2F5%3C%2Fp%3E%0A
Usain Bolt's World Championships record

2007 Osaka

200m Silver

4x100m relay Silver

 

2009 Berlin

100m Gold

200m Gold

4x100m relay Gold

 

2011 Daegu

100m Disqualified in final for false start

200m Gold

4x100m relay Gold

 

2013 Moscow

100m Gold

200m Gold

4x100m relay Gold

 

2015 Beijing

100m Gold

200m Gold

4x100m relay Gold

 

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

Updated: January 19, 2024, 6:37 PM