Fever gripped Milan on Saturday, as Meryl Streep, in the midst of filming “The Devil Wears Prada 2”, was spotted in the front row at Dolce & Gabbana. In this effervescent atmosphere, the Milanese couturiers were particularly optimistic, banking on a rebound. For next summer, they are betting on a return to lightness and a sense of fun, with creations brimming with vitality. Their women’s ready-to-wear collections for spring/summer 2026 give pride of place to fluid, colourful garments, rich in detail, texture and print—particularly at Ferragamo, Stella Jean and MSGM.
Class, sensuality, movement. With Maximilian Davis steering the aesthetic since 2022, Ferragamo continues its repositioning, cultivating a distinctive idea of luxury and elegance. Sophisticated silhouettes and exquisite materials remain, once again, the cornerstones of its wardrobe.
This season, the British designer played as never before with colour and texture, developing two strands: one feminine, the other more masculine.
The tailoring chapter embraced dark tones and an austere, almost wintry spirit, with sweeping coats, trench coats and a series of suits. Loose, pooling trousers came with swathing tuxedo jackets, cinched at the waist by a long, fringed satin scarf. At times, these suits assumed the ease of pyjamas and dressing gowns. Leather appeared, for instance, in a tank top paired with a straight suede skirt, while a short-sleeved little black dress came cut in vinyl.
The other side of the collection leaned into refined sensuality with diaphanous, often sheer fabrics, such as organza tops split vertically at the front, or lace slips inlaid with satin. Silk dresses stopped above the knee, sometimes extending into long, floor-skimming ribbons or fine fringing. This fringed detail also traced the flanks and cuffs, evoking the fluid, swinging looks of the 1920s.
Back on the Milan catwalks after a three-year absence, Stella Jean delivered a collection rich in colour and craftsmanship. Known for her cross-cultural fashion, the Italian-Haitian designer took guests this time to Bhutan, where she had various pieces produced by local craftswomen using ancestral techniques.
These included traditional Tego jackets and the kira dress (a rectangular piece of fabric wrapped around the body), made on handlooms. Another example: sleeveless coats woven from nettle fibres, onto which the designer had the various stages of production— from harvesting to weaving—embroidered in brightly coloured wool yarns.
With its vibrant palette and clever mix of prints and painted motifs, the collection skilfully fuses classic pieces with unique creations touched by the ethnic, such as intricately woven aprons, tapestries worn as bustiers or rugs wrapped around the waist as skirts. In tall fishermen’s waders worn musketeer-style, the models appear in multicoloured embroidered dresses, topped with straw hats—each one different—and adorned with bold shell necklaces.
Stella Jean’s high-end women’s ready-to-wear line has always spotlighted endangered artisanal skills, which she strives to preserve around the world.
“I said I’d be back on the catwalks when I had something to say. I’m back with two concrete proposals to safeguard the production chain. I’m appealing for VAT to be lowered for all craft-fashion products, and for our artisans to be able to benefit from self-certification,” the designer said backstage.
At the end of her show, Stella Jean came out brandishing the white T-shirt with the slogan “Grazie, Mr Armani”, which she wore in 2013, when the couturier showed his support by allowing her to stage her first show in Milan. “I wanted to pay him one last tribute. He did a lot for fashion. It’s thanks to him that Made in Italy has become a real passport around the world,” she said.
At MSGM, Massimo Giorgetti transformed his boutique in the centre of Milan, at the height of Saturday shopping, into a vast, glass-walled backstage and photo studio, where passers-by can observe through the broad shop windows—like an enormous aquarium—the different phases of putting a fashion show together, from fittings and make-up through to the shoot.
“I wanted to open the boutique to everyone’s view to celebrate the house and the teams. It’s a symbol, too. The place where we work and where we sell fashion,” explained the designer, who founded the label some fifteen years ago.
The streetwise, carefree girls of his early days have evolved into young women. They still display a fresh, joyful style, but with a slightly more refined touch. Their wardrobes took in elegant couture-flared dresses in cotton poplin and polka-dot chiffon numbers, little marled coats and floral-printed duchesse satin ones. Not forgetting the essential cardigan, reimagined in pop pink or orange and studded with metal.
Giorgetti proposes a fashion firmly anchored in the present, as evidenced by the models who leave the boutique and cut through the adjoining street before a delighted audience, bag tucked under the arm—just like in real life. They slip into pretty little dresses, tartan mini-skirts and hybrid T-shirts splicing motifs. They play with Breton stripes, mixing them with metallic silver pieces. A striped cropped jumper tossed over a white maxi shirt and wide-leg trousers is enough to give them instant flair.
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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.