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Balenciaga: Demna bids farewell with Hollywood glamour

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Bringing down the curtains on a decade of intense creativity, designer Demna bid farewell to Balenciaga with a final collection that riffed on Hollywood glamour, intermingling the famed house’s codes.

Polka-dot houndstooth look reworks a 1967 Balenciaga classic. – FNW

As noted, Demna will join Gucci, becoming the new creative director in Milan, a position held by the largest label in Kering, the luxury conglomerate that also owns Balenciaga.

The show was staged inside Balenciaga’s couture atelier on Avenue George V, where limousines edged through huge crowds to the entrance. Fans went wild as Nicole Kidman, Katy Perry, Salma Hayek, Kyle MacLachlan, Justine Skye and Cardi B, who appeared as a vampish widow in black lace and a massive Cruella wig, entered the front door.

Inside, brand ambassador Kim Kardashian walked the show in a “Cat on a Hot Tin Roof” ivory slip dress, a white feather “fur” coat and a ginormous necklace. It turned out to be Elizabeth Taylor’s most iconic personal diamond pendant earrings from Los Angeles-based jeweler Lorraine Schwartz’s private collection, an ode to Taylor, in Demna’s words.

Kim Kardashian in ivory slip dress and faux fur coat.
Kim Kardashian in ivory slip dress and faux fur coat. – FNW

The Georgia-born couturier riffed on Cristóbal Balenciaga’s oeuvre—most charmingly with a revamped houndstooth ensemble worn by the founder’s fetish model Danielle back in 1967. A look that evoked his grandma’s kitchen tablecloth from his childhood, Demna insisted.

While his obsession with the Golden Age of Hollywood led to a black sequined “Diva” gown inspired by Marilyn Monroe, as well as a pink “Debutante” princess dress crafted from the world’s lightest technical organza at the finale.

“This collection is the perfect way for me to finish my decade at Balenciaga. I have come as close as possible to being satisfied in this endless pursuit of impossible perfection—the defining ethos of Cristóbal Balenciaga,” opined Demna in his program notes.

Notably, he played a great deal with reengineered corsetry designed to be comfortable and not restrictive. And after taking a rare bow, he revealed that his starting point for the collection was the dress codes of “la bourgeoisie.” Severe tailoring for women with tulip lapels that soared around the face, or coats with high-collared Medici- and Nosferatu-esque necklines. His Marianne—or couture bride—was model Eliza in a seamless Guipure lace gown shaped with millinery techniques—in a surprisingly minimalist statement.

High-collared tailoring recalls Medici and Nosferatu influences in Demna’s structured, minimalist silhouettes.
High-collared tailoring recalls Medici and Nosferatu influences in Demna’s structured, minimalist silhouettes. – FNW

“It’s my love affair with Paris, where I have lived for 15 years, longer than in my home country, Georgia. It’s a place that I love and hate,” he confessed, standing before a mood board where the cast had been shot around Paris—from the Eiffel Tower to Île Saint-Louis.

In a co-ed show, he teamed up with four family-run tailors from Naples, developing signature unstructured Neapolitan shirt-jackets. He sent a bodybuilder buddy to Naples four times to create a giant suit, which was then multiplied nine times in various fabrics and worn by a cast of male characters, including Demna’s partner, a sylvain, slim, androgynous figure.

“The tailors are used to making suits for men with big bellies, so it was quite a challenge… I wanted to show that it is not the garment that defines the body, but the body that defines the garment,” insisted Demna in a packed backstage.

A sleek leather ensemble highlights Demna’s structured reinterpretation of masculine tailoring.
A sleek leather ensemble highlights Demna’s structured reinterpretation of masculine tailoring. – FNW

He added to the Tinsel Town moment by commissioning Schwartz to create over 1,000 carats of custom-made high jewelry with white diamonds, natural emeralds, Padparadscha sapphires, pink diamonds and canary-yellow diamonds to accessorize the collection. Meanwhile, briefcases were reinvented as a new slim-line “jewelry box” laptop case.

In an elegant gesture, most of the soundtrack was the reading of the first names of all his atelier and staff, ending with Demna, “bien sûr”—a gesture that left many of his team in tears.

Asked about his next step at Gucci, he was voluble: “What I learned is when you come to a brand with heritage and codes, you are either very lucky and you have abundant codes you can modernize or make relevant. Or the codes are restrictive, and I have to say I love Balenciaga, but the codes at Balenciaga are not in proportion to the type of business it has become. So, for ten years, I had to use the cocoon and hourglass, but that was not enough, so I had to integrate a lot of Demna codes into this house.”

“Whereas for my next chapter, I have the luxury of having lots of different codes I have never used to build on. And that’s something that excites me a lot. That’s one of the reasons I am so excited. I am a cool guy; I am a chef, so if I have more ingredients to make a dish, it makes it very exciting,” he concluded.

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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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