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Ahoy, Elie Saab... Malmsten Redux... Armani Streaming Show...

Elie Saab just signed a contract to design three megayachts, from the interiors to the external lines.

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HOPE FLOATS: Elie Saab is sailing to new horizons — and extralarge ones. The Lebanese designer just signed a contract with Weyves International Ltd. to design three megayachts, from the interiors to the external lines. The first yacht will be unveiled at the Abu Dhabi Yacht Show next month. Saab also is collaborating with Tiger Woods Dubai on a luxury boutique hotel, the Al Ruwaya, due to open next year. The designer is slated to show his latest couture collection in Paris on Jan. 27.

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