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Elie Saab to create branded luxury residence in Azerbaijan

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November 20, 2025

The collaborations keep coming from couturier Elie Saab, who has just revealed his latest link up, a first luxury branded residence in Azerbaijan.

Panorama by Elie Saab will offer 582 residences in Azerbaijan – Panorama by Elie Saab

 
The Lebanese fashion designer inked the deal with Sabah Investment Group, in a joint venture with Reportage Group, the leading private real estate developer in the UAE. The news comes two days after Elie Saab announced that he will design a customised Global 8000 private jet for Bombardier.
 
Saab’s up-market Azerbaijan residence will be located within the prestigious Sea Breeze community, overlooking the Caspian Sea. Titled Panorama by Elie Saab, the project marks an important step in the brand’s global expansion within the branded real estate sector, bringing exceptional design to one of the region’s most promising luxury destinations.

The development combines Sabah Investment Group’s regional expertise and Reportage Group’ international real estate experience with the refined interior design and aesthetic direction of Elie Saab Maison, featuring bespoke furniture and decor pieces crafted in Italy and developed under the creative collaboration between Elie Saab and Carlo Colombo, under license by Corporate Brand – A++ Group.
 
Orkhan Mustafayev, chairman of Sabah Investment Group, commented: “By combining Elie Saab’s signature elegance with our proven expertise, we are proud to bring a world-class development that positions Azerbaijan alongside the most prestigious destinations worldwide.”
 
With 582 residences, the project offers a curated mix of one- and two-bedroom apartments, spacious four-bedroom duplex units, and a signature penthouse. Select units are also available fully furnished with bespoke Elie Saab Maison pieces, offering residents a seamless move-in experience.

Inside Panorama by Elie Saab, residents will avail numerous amenities
Inside Panorama by Elie Saab, residents will avail numerous amenities – Panorama by Elie Saab

 
A penthouse will crown the development with sweeping views over Sea Breeze and the iconic Ribbon Tower, featuring an indoor fireplace, a generous terrace, and interiors designed by Saab.
 
“As we continue to expand the global footprint of the Elie Saab brand, we remain committed to building strategic partnerships that embody our design philosophy and bring our lifestyle vision to life. Our collaboration with Sabah Investment Group and Reportage Group marks a significant milestone as we introduce a new real estate project on the shores of the Caspian Sea,” said Elie Saab Jr., Elie Saab Group CEO.   
 
Panorama by Elie Saab offers a complete lifestyle experience with a full suite of amenities, including lounges, a business centre, fitness facilities, a private spa, infinity pools, a children’s play area, a squash court, table tennis, and a dedicated aquatics centre. The community is complemented by neighbourhood retail and dining options, creating a seamless and contemporary living environment. While the common areas feature furniture and decor selected from the Elie Saab Maison collection.

“Our mission has always been to offer quality, accessible housing solutions that stand the test of time. Through our branded collaboration with Elie Saab and our partnership with Sabah Investment Group, we are delivering communities that merge international design standards with local aspirations, giving every resident the opportunity to truly own their story,” said Andrea Nucera, CEO and managing director of Reportage Group.
 

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Cosmetics giant Unilever finalises business demerger

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December 5, 2025

The demerger of Unilever‘s ice cream division, to be named ‘The Magnum Ice Cream Company,’ which had been delayed in recent months by the US government shutdown, will finally go ahead on Saturday, the British group announced.

Reuters

Unilever said in a statement on Friday that the admission of the new entity’s shares to listing and trading in Amsterdam, London, and New York, as well as the commencement of trading… is expected to take place on Monday, December 8.

The longest federal government shutdown in US history, from October 1 to November 12, fully or partially affected many parts of the federal government, including the securities regulator, after weeks without an agreement between Donald Trump‘s Republicans and the Democratic opposition.

Unilever, which had previously aimed to complete the demerger by mid-November, warned in October that the US securities regulator (SEC) was “not in a position to declare effective” the registration of the new company’s shares. However, the group said it was “determined to implement in 2025” the separation of a division that also includes the Ben & Jerry’s and Cornetto brands, and which will have its primary listing in Amsterdam.

“The registration statement” for the shares in the US “became effective on Thursday, December 4,” Unilever said in its statement. Known for Dove soaps, Axe deodorants and Knorr soups, the group reported a slight decline in third-quarter sales at the end of October, but beat market expectations.

Under pressure from investors, including the activist fund Trian of US billionaire Nelson Peltz, to improve performance, the group last year unveiled a strategic plan to focus on 30 power brands. It then announced the demerger of its ice cream division and, to boost margins, launched a cost-saving plan involving 7,500 job cuts, nearly 6% of the workforce. Unilever’s shares on the London Stock Exchange were steady on Friday shortly after the market opened, at 4,429 pence.
 

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Burberry elevates two SVPs to supply chain and customer exec roles

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December 5, 2025

Burberry has named a new chief operating and supply chain officer as well as a new chief customer officer. They’re both key roles at the recovering luxury giant and both are being promoted from within.

Burberry – Spring-Summer2026 – Womenswear – Royaume-Uni – Londres – ©Launchmetrics/spotlight

Matteo Calonaci becomes chief operating and supply chain officer, moving from his role as senior vice-president of strategy and transformation at the firm. 

In his new role, he’ll be oversee supply chain and planning, strategy and transformation, and data and analytics. He succeeds Klaus Bierbrauer, who’s currently Burberry supply chain and industrial officer. Bierbrauer will be leaving the company following its winter show and a transition period.

Matteo Calonaci - Burberry
Matteo Calonaci – Burberry

Meanwhile, Johnattan Leon steps up as chief customer officer. He’s currently currently Burberry’s senior vice-president of commercial and chief of staff. In his new role he’ll be leading Burberry’s customer, client engagement, customer service and retail excellence teams, while also overseeing its digital, outlet and commercial operations.

Both Calonaci and Leon will join the executive committee, reporting to Company CEO Joshua Schulman.

JohnattanLeon - Burberry
JohnattanLeon – Burberry

Schulman said of the two execs that the appointments “reflect the exceptional talent and leadership we have at Burberry. Both Matteo and Johnattan have been instrumental in strengthening our focus on executional excellence and elevating our customer experience. Their deep understanding of our business, our people, and our customers gives me full confidence that their leadership will help drive [our strategy] Burberry Forward”.

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Puneet Gupta steps into fine jewellery

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December 5, 2025

Traditional and occasion wear designer Puneet Gupta has stepped into the world of fine jewellery with the launch of ‘Deco Luméaura,’ a collection designed to blend heritage and contemporary aesthetics while taking inspiration from the dramatic landscapes of Ladakh.

Hints of Ladakh’s heritage can be seen in this sculptural evening bag – Puneet Gupta

 
“For me, Deco Luméaura is an exploration of transformation- of material, of story, of self,” said Puneet Gupta in a press release. “True luxury isn’t perfect; it is intentional. Every piece is crafted to be lived with and passed on.”

The jewellery collection features cocktail rings, bangles, chokers, necklaces, and statement evening bags made in recycled brass and finished with 24 carat gold. The stones used have been kept natural to highlight their imperfect and unique forms and each piece in the collection has been hammered, polished, and engraved by hand.

An eclectic mix of jewels from the collection
An eclectic mix of jewels from the collection – Puneet Gupta

 
Designed to function as wearable art pieces, the colourful jewellery echoes the geometry of Art Deco while incorporating distinctly South Asian imagery such as camels, butterflies, and tassels. Gupta divides his time between his stores in Hyderabad and Delhi and aims to bring Indian artistry to a global audience while crafting a dialogue between designer and artisan.

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