After building its success around brands such as Jimmy Choo, Montblanc, and Lacoste, French licensed fragrance specialist Interparfums has launched Solférino Paris, its first proprietary brand of haute parfumerie. The launch is a calculated foray into the niche perfume segment at a time when the global perfume market continues to move upmarket.
The Solférino Paris collection – DR
Inspired by the emblematic address of its Paris headquarters, 10 rue de Solférino, a former private mansion that was long the stronghold of the French Socialist Party, the brand’s name echoes the history of the city.
Inaugurated in 2022 as the headquarters of Interparfums, this Haussmann building is the creative anchor for a project driven by Philippe Bénacin, the group’s CEO, who as early as November 2024 expressed his desire to enable everyone to “take a piece of Paris home with them.”
The inaugural Solférino Paris collection consists of ten gender-neutral eaux de parfum, numbered 01 to 10, each inspired by a Parisian place or moment. They include Rêverie sur Seine 01, a woody neroli by Nathalie Lorson (DSM Firmenich), Un Baiser Place Vendôme 08, an iridescent sandalwood by Shyamala Maisondieu (Givaudan), and Coup de Foudre Quai Voltaire 09, an amber-woody composition by Anne Flipo (IFF).
Already available for a week at the Drugstore Publicis in Paris, the collection will be gradually rolled out, with the opening of its first own-name boutique at 310 rue Saint-Honoré in September. The strategic location is situated on a thoroughfare where more and more high-end perfumery boutiques are emerging. At the same time, the brand plans to launch a dedicated e-commerce site in September.
Positioned in the premium segment, Solférino Paris offers two formats: 75 ml at 160 euros and 125 ml at 260 euros. With this initiative, Interparfums aligns itself with a trend driven by other major groups in the sector. In early 2024, Coty inaugurated Infiniment Coty Paris, its own prestige perfumery house, also with a boutique in Paris.
In the first quarter of 2025, Interparfums recorded sales of 235.5 million euros, up from 212.7 million euros the previous year. Growth was driven in particular by the performances of Jimmy Choo (+40%) and Lacoste (+34%). In March, the group also announced the acquisition of the Goutal house, founded in 1981 by Annick Goutal, further strengthening its portfolio in the premium segment. With Solférino Paris, Interparfums initiates a shift towards the ultra-selective, while capitalising on its Parisian roots and olfactory expertise. A positioning that could appeal to international markets, notably China.
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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.