Uniqlo on Tuesday revealed that it will open a major new flagship near the Champs-Élysées in Paris, as part of a significant expansion in France, and in wider Europe.
Uniqlo will add another Paris store to its roster – Uniqlo
In its latest move, the Japanese retail giant will unveil its next Paris store in spring 2026 on Avenue Wagram, in the 17th arrondissement, some 500 metres northwest of the Champs-Élysées. This new store is a key element in Uniqlo’s expansion strategy in Europe, with with four new stores already scheduled to open by summer 2026, the company said in a release.
Founded in 1981 in the southern Japanese city of Ube, the Uniqlo brand today boasts some 2,550 stores and over 30,000 employees.
In Paris, Uniqlo just opened a fresh store in the Bastille district in early October 2025, bringing its sales point total inside the Paris ring road to 11. This was also the 30th Uniqlo store in France.
Uniqlo Wagram will offer a sales area of over 1,300 square-metres, spread over two floors. It will house the entire Uniqlo collection, faithful to its LifeWear concept of innovative, functional, and high-quality clothing for adults, children, and babies– at a reasonable price.
“After the opening in Bastille, we are delighted to continue our expansion in Paris with this new store in Wagram. This opening illustrates our desire to be ever closer to our customers and to offer them the LifeWear experience in iconic neighbourhoods of the capital,” said Yuki Yamada, managing director of Uniqlo France.
In 2025 so far, Uniqlo has already opened 12 new stores across Europe, including in the UK (Liverpool, Birmingham, and Glasgow) and its first outlets in Frankfurt and Munich, Germany. These openings bring the total number of Uniqlo stores in Europe to 91, spread across 11 countries.
For the Spring/Summer 2026 season, in addition to the opening of the Uniqlo Wagram store, four other stores will open in the UK, the Netherlands, and Germany. For Uniqlo Wagram, the Japanese fast retailing behemoth plans to hire a team of 70 employees to staff its giant new boutique.
Ever since it emerged in the early 80s, Uniqlo’s business model has been based on the Japanese values of simplicity, quality, and longevity. Leavened by smart partnerships with happening artists and designers such as Andy Warhol, Keith Haring, and Jonathan Anderson.
Uniqlo is owned by Fast Retailing, a Japanese apparel retailer that designs, manufactures, and sells products from eight brands: Comptoir des Cotonniers, GU, Helmut Lang, J Brand, Princesse tam.tam, Theory, PLST (Plus T), and Uniqlo.
The group reported global sales of approximately 23.16 billion dollars for the fiscal year ending August 31, making Fast Retailing one of the largest international clothing retailers, and the market leader in Japan. In total, the Fast Retailing group has 3,500 stores across its various brands.
The company statement was also at pains to explain that, through its mission to “change the way people dress, break new ground, and offer a different view of the world,” Fast Retailing is committed to designing authentic, high-quality clothing that embodies unique values, “helping to improve the quality of life for people around the world.”
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 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.
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
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
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”.
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 – 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.