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Kujten opens mega flagship on Madison Avenue in New York City

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September 8, 2025

After winning over Europe, Kujten, the French cashmere brand, is now tackling the American market. The label, known for its delicate, effortless premium offering, will open its first store in the U.S. on September 9, at 831 Madison Avenue.

Kujten sets up shop this September 9 in the heart of New York. – Kujten

For the label founded by Carole Benaroya and Stéphanie Eriksson in 2012, this is a major investment in a strategic 200-square-meter location in an upscale Manhattan neighborhood, previously occupied by high-end women’s label Akris.

A “true flagship”, according to Carole Benaroya, the brand’s CEO: “We took our time before launching in New York,” she explained. “We analyzed two years of customer data and observed the market cautiously, knowing that certain players in the sector encountered difficulties in setting up shop locally. We decided to stick to our plan and not let customs barriers hold us back. And to do it big, so as not to regret anything.”

This move reflects Kujten’s ambition to boost its visibility in a high-potential market, particularly online. America already accounts for 20% of the brand’s online sales, and Carole Benaroya stresses the importance of an omnichannel approach. “We’re not looking to create a network of boutiques, but to combine premium retail and online to maximize our presence and desirability,” explained the CEO, who plans to have a handful of stores in the next few years throughout the American market.

Kujten, which takes its name from Mongolia’s highest peak, where the goats that provide the wool for its pieces come from, believes it can appeal to affluent American customers, despite the impact of substantial customs duties on its products from Asia.

Kujten

True to its DNA, the brand offers 100% cashmere two-thread sweaters from 175 to 365 euros, as well as men’s and children’s pieces and accessories. “Our cashmere must remain the heart of the brand. We don’t want to become a generalist, but we complete our offer with stockings, jeans, and blouses in linen or cotton to create complete looks,” said Benaroya.

The brand has accelerated its development, both in terms of products and sales, notably by welcoming investors last year. A network of some fifty points of sale now covers the French market.

Kujten’s international development has already been underway for several years. The brand has around 50 outlets, mainly in France, and has also established a presence in strategic European cities: Brussels, Antwerp, Knokke, Luxembourg, Geneva, Madrid, and London.

Its three stores in the British capital are a prime example of this strategy. Located in Kings Road, Marylebone, and South Molton, they play a key role in Kujten’s visibility and customer experience in the British market, attracting international tourists and customers from the rest of England.

In financial terms, Kujten claims to have closed 2024 with sales of 60 million euros, 40% of which were generated online. The breakdown of sales is 60% retail and 20% wholesale and digital.

While Benaroya reported a 30% increase in sales in the first half of the year, the brand is aiming for organic growth of the same order for the full 2025 financial year, driven by marketing investments, the redesign of seven boutiques, and an upscale offering that includes pieces up to 1,500 euros in addition to its historical pieces.

“We’re aiming to reach a clientele that loves beautiful things, and to become true specialists in luxury cashmere,” emphasized Benaroya.
 

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Cosmetics giant Unilever finalises business demerger

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December 5, 2025

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 elevates two SVPs to supply chain and customer exec roles

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December 5, 2025

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.

Burberry – Spring-Summer2026 – Womenswear – Royaume-Uni – Londres – ©Launchmetrics/spotlight

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
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
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”.

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Puneet Gupta steps into fine jewellery

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December 5, 2025

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
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.

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