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Olivier Rousteing leaves Balmain after 14-year tenure at house

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November 5, 2025

Creative Director Olivier Rousteing has left Balmain, the Paris-based house announced Tuesday, bringing an end to the French deisgner’s 14-year-tenure at the house.
 
Rousteing took up his position as Creative Director of the fashion house in April 2011 and staged a series of critically acclaimed collections and shows years, where “his vision and creative genius propelled Balmain to unprecedented heights,” the house said in a release.

Rousteing has left Balmain after 14 years as creative director – Francesca Beltran

 
“I am deeply proud of everything I have accomplished, and infinitely grateful to my exceptional team at Balmain, my chosen family, in a place that has been my home for the past 14 years. I thank Mr. Rachid and Matteo for their unwavering trust and for offering me this extraordinary opportunity. As I look ahead to the future and the next chapter of my creative journey, I will always cherish this special time,” said Rousteing in the release.
 
Known for his blend of haute couture silhouettes, rock n roll attitude and bravura staging, Rousteing was a celebrated figure in Paris fashion.

Balmain did not name a successor to Rousteing, but added that a “new creative organization of the house will be announced at a needed moment.”
 
In the official statement: Mr. Rachid Mohamed Rachid, CEO of Mayhoola and Chairman of Balmain, said: “I extend my sincere thanks to Olivier Rousteing for his extraordinary contribution to Balmain. His visionary leadership has not only redefined the boundaries of fashion, but has also inspired an entire generation with his bold creativity, unwavering authenticity, and commitment to inclusivity. We are immensely proud of everything that has been achieved under his leadership and look forward to the next chapter of his journey, which he will pursue with the same passion and excellence.” 

While CEO Matteo Sgarbossa, also said: “I would like to express my deep gratitude to Olivier for writing such an important chapter in the history of the House. His contribution and passion over the years will leave an indelible mark on the history of fashion.”

Born in Bordeaux to a Somalian mother and Ethiopian father, Rousteing was abandoned in an orphanage as a child, later being adopted by a bourgeois family in Bordeaux. A serious student, Rousteing studied at Esmod art college in Bordeaux, before moving to Florence, where he joined Robert Cavalli in the design studio.
 
In 2009, he began working at Balmain as director of the women’s wear design studio under Christophe Decarnin. By 2011, he had succeeded Decarnin, introducing a sexy rock and roll attitude and razor sharp tailoring – going on to dress stars like Kim Kardashian, Beyoncé, Rihanna and Jennifer Lopez. He also created costumes for the Opera national in Paris; staged a solo haute couture show for the brand and in 2022 presented a much-admired collection as a guest designer for the house of Jean-Paul Gaultier.

Balmain – Spring-Summer2026 – A look from Olivier Rousteing’s last collection for the house – ©Launchmetrics/spotlight

 
The house of Balmain was founded in 1945 by Pierre Balmain, embodying from the beginning an innovative look, the “New French Style.”
 
Alongside its ready-to-wear and accessory collections for women and men, the house appeals to an international audience with Balmain Beauty, inspired by the brand’s iconic fragrances from the 1940s and 1950s, as well as its iconic eyewear.
 
Balmain is controlled by Mayhoola, a luxury holding company owned by the Qatari royal family that also owns Valentino in Rome.
 
 
 
 
 
 

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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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