After testing the waters with a red-themed pop-up store on rue de Turenne in 2024, H&M is now establishing a permanent presence in Paris’s stylish and historic Marais district. On September 4, the Swedish fashion giant is opening a 1,000-square-meter concept store at 43 rue des Francs-Bourgeois (4th arrondissement). The store marks a retail evolution for the brand and signals its intent to move upmarket in France. FashionNetwork spoke with Pär Lindbäck, H&M’s sales director for France, Belgium and Luxembourg, about the new strategy.
The inner courtyard of the new H&M store in Le Marais – H&M
“The Marais is a lively and strategic area, with a strong cultural and tourist appeal. It’s also a creative and inspiring district, which fits perfectly with H&M’s evolution towards a more fashionable and cutting-edge identity,” says Pär Lindbäck. He notes the district sees “a pedestrian flow of up to 22,000 visitors a day, which represents both high visibility and significant customer potential.”
Another advantage, according to Lindbäck, is the area’s commercial dynamism on Sundays—“unlike most Parisian districts, which close on that day—giving retailers an extra shopping day.”
H&M
Spread across three floors, the concept store—located next to Uniqlo, Fursac and Sessùn—carries curated selections of H&M’s women’s, men’s, lingerie, accessories and beauty collections. The assortment includes very few basics, which are offered only to complete a silhouette. Instead, the focus is on limited-edition drops and event-based lines, such as the premium H&M Studio collection, the recently launched H&M Atelier line for men, and a key collaboration with Belgian designer Glenn Martens.
This store will now be the exclusive location in France for H&M’s more upscale offerings, replacing the rue La Fayette store in Paris, which remains open but no longer hosts these lines. Additionally, H&M’s second-hand initiative, Pre-Loved, will have its second physical outlet in the country at this Marais location.
Designed entirely in-house, the space features a clean, minimalist aesthetic with natural tones and sharp lines. In the inner courtyard—described as “a meeting place between the brand and its community”—H&M plans to host cultural, musical and style-focused events.
H&M
For the first time in France, the company is introducing automatic checkouts equipped with RFID technology to streamline the shopping experience. This includes instant item reading, faster transactions and improved stock management. The store will also offer click-and-collect services.
H&M now operates seven retail locations in Paris, including a recently opened corner at Galeries Lafayette Haussmann, dedicated to promoting its new Adorables children’s collection. While the brand once had a broader footprint in the capital, it has scaled back in recent years, closing locations such as rue de Rennes and the Champs-Élysées.
Is H&M’s Paris retail network now considered mature? “Opening a store in the Marais is a strong symbol of our determination to remain relevant, accessible and inspiring, in a sustainable way. We’re constantly working to optimize our store base and locations,” says Lindbäck. Renovations are a key focus. At Forum des Halles, in the heart of the city, H&M’s flagship—its most profitable store globally—has just undergone a major redesign. The Beaugrenelle location is also undergoing a refresh.
H&M
H&M entered the French market in 1998 and currently operates nearly 170 stores across the country. “In France, our priority is not to multiply openings or accumulate square meters, but to ensure that each store offers the right experience, in the right place,” the manager explains.
The Marais store is a pilot project. “Of course, if our customers react positively, we’ll consider extending this concept in the future. But for now, our objective is to focus all our efforts on the success of this boutique.”
The launch comes amid a downturn for the H&M Group—which also owns & Other Stories, Cos and Arket. In the second quarter of its 2025 fiscal year, the group reported a 5% decline in sales, down to 56.7 billion Swedish crowns (approximately €5.14 billion), while net profit decreased 22% to 3.96 billion crowns (approximately €360 million).
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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.