Who’s back? Topshop! Three months after returning to brick-and-mortar retail in London, the British brand is back in France, setting up shop at Printemps Haussmann. Renowned for its jeans and London-inflected women’s eveningwear, Topshop has been on the fourth floor of the Parisian department store since late September.
Cara Delevingne, the face of Topshop’s revival – Topshop
“Printemps has been one of France’s fashion institutions for decades and also has a long history of supporting and launching premium brands,” says Per Pedersen, Topshop’s head of international sales. “Topshop’s ambition is to bring London fashion back to consumers around the world, and having a shop-in-shop at Printemps in Paris is the ideal first step.”
Topshop has come a long way
The brand is now 75% owned by Heartland, via the Danish Bestseller group. Bestseller reported revenue of €5.1 billion in the 2024/25 financial year, up 7% on the previous year.
Previously present at Galeries Lafayette, Topshop takes up residence at Printemps – Topshop
Following the bankruptcy of its former owner, the Arcadia Group, the brand was acquired by Asos in 2021 for £330 million, resulting in 2,500 job losses. Asos retained none of Topshop’s stores, and the Topshop corner at Galeries Lafayette Haussmann closed. Its London flagship, meanwhile, was taken over by Ikea after Topshop’s departure.
A launch in more than twenty countries from 2026
With a return to physical retail across European capitals, Topshop is present in the UK, Ireland, Belgium, France, Denmark, Germany, the Baltic states, and Spain, through 35 shop-in-shop spaces. “We work with partners, including department stores, cross-border online platforms, and brand concept stores,” notes Pedersen.
The British fast-fashion brand plans to launch in twenty new countries from 2026 – Topshop
“Topshop’s design remains unchanged, and we’re seeing a positive response from our customers,” explains Per Pedersen. “Topshop continues to offer its iconic jeans, such as the Jamie and the Joni, while delivering that British style everyone remembers from the 1990s and 2000s. Topshop is London, and our design is inspired by this vibrant city,” he adds.
Bestseller’s ambitions are high. The group plans to “bring Topshop back to consumers around the world, and we’ll be launching in over 20 countries from the Spring/Summer 2026 season. This marks the first steps in our collaboration with our strongest partners internationally, and we remain ambitious, with the desire to strengthen the Topshop brand on several levels,” says Per Pedersen.
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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.