Spanish sneaker brand HOFF had big news Thursday with the appointment of a creative chief for the first time along with a major brand relaunch and a campaign starring Alexa Chung.
HOFF
The eight-year-old company (founded and still run by Fran Marchena) has been seeing strong growth in recent periods and 2025 is proving no different. But it’s now entering a new chapter with a “pivot into a truly design-led fashion-forward positioning”.
And it’s aiming to achieve that status with the appointment of David Tourniaire-Beauciel to its creative helm as head of design.
It said that “few designers have shifted the sneaker landscape as decisively as Tourniaire-Beauciel. From early roles at Chloé and Jean Paul Gaultier to cult-defining work at Maison Martin Margiela, Givenchy, Ferragamo, and Balenciaga (where he created the Triple S and pioneered the sock-sneaker hybrid) – his career has been a series of bold statements grounded in craft and experimentation. He is widely credited with accelerating the maximalist sneaker movement that reshaped global culture”.
In a sneaker market dominated by some massive global names, it’s a big appointment and a bold ambition for a company that has scaled from a small Spanish start-up but whose turnover remains below €100 million for now (although ongoing high double-digits growth should soon change that).
Alexa Chung for HOFF
The company currently has over 30 stores and 1,200 wholesale partners, attracted by its formula that blends Spanish craftsmanship with contemporary, design-driven sneakers. It’s opening new stores too with a second UK location (after London’s Regent Street) due in Covent Garden, more stores in key countries and a recent move into the US.
Of its new design chief, it said the “new era builds on the dual fluency: Marchena’s growth-driven, community-anchored business model meets Tourniaire-Beauciel’s couture-coded, sculptural design ethos. The return is a purpose-driven sneaker brand that fuses Spain’s shoemaking heritage with a bold, contemporary fashion lens. More than product, it signals transformation – Hoff’s evolution into a global design powerhouse where shoes are not just functional, but cultural objects”.
View from the top
Fran Marchena – Hoff
Ahead of the announcement, FashionNetwork.com spoke to the dynamic duo of Marchena and Tourniaire-Beauciel to find out more about the thinking behind its plans and the leadership team’s new vision. First, Marchena.
FashionNetwork.com: Can you explain the thinking behind the changes happening at Hoff and the new appointment?
Fran Marchena: For the past two years, we’ve been working on a strategic plan through 2028 built around three main pillars: brand elevation, from local to global, and community. Among them, brand elevation is probably the most crucial. I believe HOFF had completed a first stage marked by very fast growth, an intense distribution strategy, and a solid market fit between our product and our audience. Now it’s time to begin a new chapter — one that continues to be design-driven but ready to reach the next level. Fortunately, the brand is now well-positioned, being present in some of the best retailers in the world. The arrival of David marks another step forward in that strategic pillar of brand elevation, helping us move toward this new stage.
FNW: Where is the company at as we speak? How big is it overall.
FM: Right now, the company is generating around €70 million in revenue, and we expect to close our fiscal year in April at around €80 million. Around 90% of our business is currently in Europe. We’ve just started in the US with a local partner to open key strategic accounts, which we expect will bring results soon.
Within Europe, our five main markets are Spain, Germany, Benelux, France, and the UK. Performance across wholesale and online is quite balanced, while Spain still leads in retail, representing around 75% of total retail sales thanks to our store network.
FNW: And where do most of your sales come from?
FM: At the moment, wholesale represents 45% of our business, retail 35%, and online 20%. What’s most relevant here is the evolution of the brand: two years ago, wholesale represented 60%. This shift reinforces our strategic move towards strengthening our direct-to-consumer channels through retail expansion. This year alone, we opened our first flagship store in Madrid — over 600 sq m — followed by openings in London, Amsterdam, and Mexico City. We’re also looking at Paris and Milan for the near future.
The brand is going through a very exciting moment, with several important announcements coming up — among them, of course, the arrival of David Tourniaire-Beauciel, which marks one of the most significant milestones for HOFF so far. We’re now a team of over 300 people, with more than 80 based at our headquarters, and we’re completing a 360º transformation of the company. Over the past months, we’ve built a first-class executive team and are fully focused on turning HOFF into a globally relevant sneaker brand.
FNW: You’re opening a second UK store, how important is that market to you?
FM: It is growing very fast. In the UK specifically, our Regent Street store is performing extremely well, with like-for-like growth above 70% year-on-year, and our online business already accounts for over 20% of total UK sales. We’re also thrilled to launch with Browns this Spring/Summer season — a milestone that will further strengthen our positioning in the UK market. And of course, having Alexa Chung as the face of our campaign for David Tourniaire-Beauciel’s ‘SEVEN’ model will help us take brand awareness to the next level.
The creative’s view
David Tourniaire-Beauciel – HOFF
FNW: So David, what appealed to you about HOFF?
David Tourniaire-Beauciel: Before starting to collaborate with HOFF, I knew the brand, but for me, it was perceived a little bit as a ‘follower’ brand — in the trend, but not. So the first collaboration I had with HOFF and Fran I was supposed to bring a little bit of newness in the construction of the collection. I had a great time. I found the energy of the brand super-fresh, very young.
FNW: It must have been a change from some of the luxury and storied brands you’ve worked with?
DTB: For me, it was very interesting not to be obliged to go in the archives, because the brand is super-new, super-young. It’s a new approach. I need to to build from almost zero. I can’t jump in the archives. I find this challenge very interesting and I thank Fran also to give me this opportunity to work with him in order to build the brand, not just around the product, but also in terms of image and direction.
Alexa Chung for HOFF
FNW: So is it literally going back to the drawing board?
DTB: There are so many designers because of ego when they arrive — boom, they kill everything done before. I prefer to understand what is the DNA of the brand, what is good, and where they are strong at the moment. And I try to capitalise on this. I don’t want to to to destroy what is good. Then I try to analyse, with Fran [and] with everybody. What are the weaknesses? What are the possibilities? And then I bring my experience, and I start to get deeper into the project. It’s to bring an evolution before a revolution. We need to connect, slowly but surely much more to the trend, to be on top of the trend, and to be more ahead, not followers. [But] what I want is when I when someone is looking at HOFF shoes, they know it’s a HOFF shoe, because I respected the DNA.
FNW: You sound like you want to take a collaborative approach?
DTB: I want to respect the DNA but to add my experience and my knowledge. [The team] will help me, because they bring me freshness, energy, newness and possibility to do everything. But I need also to bring them my my knowledge, my experience and my connection with fashion. The idea is to create a win-win situation.
FNW: Will the extra trend element mean HOFF also becomes more expensive, more exclusive, more ‘fashion’?
DTB: I like the democratic positioning of the brand. I really appreciate that the idea is to bring also design to a lower price position, because for me, it’s important not to be always in the €1,000 sneaker proposal. I also want to work on this more democratic price position. It’s very important.
I want to respect that, and it’s part of my job to connect all these points together. You will see a new interpretation of the shoe. Of course, it will be a little bit different, [but] a smooth evolution. So basically, more trend. There is this flat sneaker trend at the moment so it’s perfect for us. We need to swim in this world.
FNW: What other trends will you be tapping into?
DTB: What I like also is the comeback to ‘small feet’. For a few years — [Balenciaga] Triple S is a perfect example — it was the ‘big foot’ and now we are back with the more refined and elegant sneaker. And I really love that with Hoff. I want to take the technical element from sport and to mix [it] with more refined and elegant material and lines.
HOFF
FNW: Hoff isn’t known as a ‘sport’ brand, is that something that will change?
DTB: It’s an urban brand — we use the sports element, but we are not a performance brand. We need to bring sport in terms of techniques. The techniques need to help the design. Working with technical material can help [shoes] to be more comfy when you work all day.
FNW: Earlier you mentioned Hoff’s weaknesses and strengths, what would you say they are?
DTB: Maybe to be afraid to propose newness. Sometimes, you need to say, Okay, if you want to be in front of the of the trend, you need to have the courage to say ‘it’s new. I can’t compare it with anyone else, because it’s completely new’.
But the brand is very young. They made a super-big success in a very few years. The brand is fresh, new. Fran is very energetic too. [And] there is also this link with Spain. I love this place. I love the sun, the sky, the energy of this country. [Hoff’s] strength is to be super-serious in the business. They are super-rational, not crazy, like fashionistas!
Abel Richard, a new Italian luxury handbag brand, made its global debut in Miami during Art Basel over the weekend.
Handbag brand Abel Richard makes global debut in Miami. – Abel Richard
Founded by entrepreneur and designer Abel Richard Bullock, the brand fuses Italian craftsmanship with materials more commonly found in private aviation, yachting, and automotive luxury.
The launch coincides with the opening of its Miami Design District boutique, where the brand is exhibiting its first style, the Chrono bag—an architectural silhouette that requires more than 1,000 hours to produce and starts at $170,000.
“In our experience, fashion is about feeling, identity, and a sense of belonging. Creating truly one of a kind designs such as the Chrono that embody these feelings is deeply meaningful to us,” said Bullock. “Our hope is that every time someone carries one of our signature Abel Richard bags, they feel a deep connection to their individuality and can express these feelings wearing our designs.”
The Chrono launches in three editions. The Bianco Lustre model features 24K gold mirror accents, pale leather and a pearlescent lacquered shell, priced at $207,000. The Titanio model is produced with satin-brushed proprietary titanium alloy, dark leather and carbon fiber for $170,000. The Noir model is made in matte-black forged carbon and priced at $179,000.
“The Chrono demonstrates what’s possible when innovation drives every decision,” added Bullock. “Its creation is incredibly challenging, but the results are extraordinary. Each piece goes through a thorough process where every curve is calculated to shape the silhouette perfectly. Any small misstep can compromise the design, which is why only pieces that meet every standard move to full production. Hundreds of hours of work go into perfecting each piece, coming together in the Chrono, a singular design that celebrates artistry.”
The Miami Design District boutique spans 3,777 square feet with a gallery-like interior designed in marble, walnut, and brushed brass finishes. Each handbag is presented individually, with curved architectural lines and ambient lighting intended to create a museum-like atmosphere.
The Miami flagship follows a soft opening in Beverly Hills and marks the beginning of a wider retail rollout. Abel Richard plans to open additional boutiques in Manhattan, Scottsdale, London, and Dubai beginning in the first quarter of 2026, as it introduces its limited-edition collections to a global audience.
The Beverly Hills location at 236 N. Rodeo Drive is now open to the public, while the Miami boutique at 3921 NE 2nd Avenue continues to expand its presence.
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”.