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Roberta Valentini’s ‘Penelope Archive’ to be auctioned in Paris

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November 4, 2025

The eighth sale by the British auction house Kerry Taylor, hosted in partnership with Maurice Auctions in Paris, offers a selection of more than 400 avant-garde fashion pieces and accessories, split into two sessions (at 10.30am and 3.00pm on November 6). The second session will be devoted entirely to the ‘Penelope Archive’ collection by Roberta Valentini, a leading figure in the development of fashion in Italy.

Maison Martin Margiela Artisanal: papier-mâché vest, white label, spring-summer 1990

With her avant-garde boutiques in Italy, Roberta Valentini is internationally recognised as a pioneer and trendsetter, and has assembled a collection of 237 rare pieces in excellent condition. These were pieces that Valentini — who in the 1970s was the first to bring names such as Margiela and Rei Kawakubo to Italy — deemed too important to sell, choosing instead to preserve them as a testament to fashion history and to her personal vision.

By contrast, the first session will present around 200 lots from various sources, including a significant collection of Maison Martin Margiela pieces, as well as a selection of designs by John Galliano for Christian Dior and for his eponymous brand. The sale will also offer a wide selection of ready-to-wear and leather goods from Chanel and other major maisons.

Roberta Valentini
Roberta Valentini – @Penelope Archivio

Roberta Valentini (whose birth name is Cesarina; she changed it as an assertion of her identity) began her career in the fashion world in 1969, working in the family footwear business. After her father’s death, she and her sister opened a small boutique in Contrada Cavalletto in Brescia, offering cutting-edge fashion to an increasingly discerning clientele. Today she runs three boutiques in Brescia: ‘Penelope’, ‘Boysloft’ and ‘Penelope Sposa’.

Describing herself as a “disruptor”, Roberta Valentini has become a true style icon, recognised for her flame-red hair, and has been invited to prestigious events, including dinners with the British Royal Family.

Yohji Yamamoto: gray and silver striped silk taffeta suit, spring-summer 1999
Yohji Yamamoto: gray and silver striped silk taffeta suit, spring-summer 1999

Highlights among the top lots at the Paris auction of the ‘Penelope Archive’ include: from Maison Martin Margiela Artisanal, a papier-mâché gilet, white label, spring–summer 1990, made from layers of advertising posters (estimated at €15,000–€25,000), as well as a top made from a plastic bag, a spring–summer 1994 reissue (€4,000–€6,000). From Yohji Yamamoto, a grey-and-silver striped silk taffeta suit, spring–summer 1999 (€3,000–€5,000), and a rare hat in wood and black felted wool, autumn–winter 1991–1992 (€1,000–€1,500). From Vivienne Westwood, the auction will feature a suit in wool, velvet, and faux fur, autumn–winter 1996–1997 (€700–€1,000).

In the first half of 2022, the Paris-based auction house Maurice Auctions entered into a partnership with London-based Kerry Taylor Auctions. Together they organise two annual sales devoted to fashion and haute couture, with a highly curated selection.

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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.

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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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