Balenciaga is still keen on the world of gaming. The Kering-owned luxury label, which appointed Italian designer Pierpaolo Piccioli as creative director in summer, has further boosted its video-gaming links by striking a top-notch new partnership.
Balenciaga will feature in the PUBG video game – Balenciaga
Balenciaga has teamed up with PlayerUnknown’s Battlegrounds (PUBG), an uber-popular online multi-player game involving 100 players in a single session, all vying to be the last one standing. The game was launched in 2017, and its PC version claims to attract hundreds of thousands of players online on a daily basis. PUBG is especially popular for mobile play, where it tots up tens of millions of active players each month, and is said to have generated billions of euros in revenue, notably through the sale of skins, the characters’ outfits. Its publisher, Krafton, reported revenue of approximately €950 million in 2024. PUBG’s mobile version, co-developed with LightSpeed Studios (a division of Tencent Games), claims to have generated over a billion downloads, and is very successful in Asia, the Middle East and India.
They’re strategic regions for Balenciaga, which is continuing along the path it first took in 2020 with the Afterworld: The Age of Tomorrow game, on which the label presented its collections. Despite the setbacks experienced with the metaverse, Balenciaga is still active in the digital entertainment industry, now a primary avenue for cultural and business initiatives.
Balenciaga looks featuring on PUBG – Balenciaga
Balenciaga was one of the first luxury labels to invest in video games. It launched a digital collection on Fortnite, featuring fours skins inspired by its runway shows, a special hub called Strange Times, and a limited-edition line of real-life garments, still available today. More recently, the label made a foray into the Rematch game, with its Balenciaga Soccer Series outfits.
By partnering with PUBG, for an undisclosed investment, Balenciaga will create in-game activations, a capsule collection of PUBG-inspired items, and outfits for e-sport competitions. Balenciaga-themed content will be gradually introduced on PUBG’s console and PC versions. On the mobile versions, players will be able to unlock a Couture Armour outfit inspired by a 3D dress from the label’s 52nd couture collection, as well as looks from the winter 2025 collection, including a cropped pink puffer jacket, a body-hugging hoodie, a trompe-l’œil miniskirt, and a pair of knee-high stiletto-heeled boots. Various accessories are also included, like a blue fur helmet.
In the real world, the Balenciaga-PUBG partnership translates into a T-shirt, a black hat and a handbag charm, all available at select Balenciaga stores.
The label is by no means the only luxury brand interested in PUBG. The game has in fact recently unveiled collaborations with supercar marques Porsche and Bugatti.
The Balenciaga-PUBG partnership will reach its pinnacle with the game’s international finals, scheduled on December 12-14 in Bangkok, when the winning teams’ players will receive customised Balenciaga bomber jackets. A big draw for e-sport stars and their millions of followers.
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.