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Bulgari appoints Laura Burdese as new CEO

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Bulgari appoints Laura Burdese as new CEO


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December 18, 2025

Bulgari has named Laura Burdese, a 10-year veteran of LVMH, to be the famed jewellery brand’s CEO, though her appointment is only effective from July 1, 2026. Burdese succeeds Jean-Christophe Babin and will report to Stéphane Bianchi. 

Laura Burdese is Bulgari’s new CEO – Bulgari

 
“I am very proud of this smooth transition from one great leader to another. For the past three years, Laura and Jean- Christophe have worked side by side to sustain and orchestrate the brand elevation of the iconic Roman jewellery Maison. The nomination of Laura, while opening a new chapter for Bulgari, is a tribute to her strong contribution and accomplishments,” said Stéphane Bianchi, LVMH group managing director and CEO of LVMH watches and jewellery, in a release. 
 
Burdese began her career in the LVMH Group as CEO for Acqua di Parma, before joining Bulgari in 2022 as chief marketing officer. After leading the brand transformation and elevation over recent years, she was promoted to deputy CEO in July 2024. 

“Jean-Christophe has shaped the success of TAG Heuer and Bulgari while creating unique paths within their respective industries. I am confident that in his new missions, he will bring the same energy and keep on supporting LVMH and its maisons thanks to his extraordinary vision,” Bianchi added in a release.
 
Babin will step down as CEO of Bulgari after more than 25 years in the giant luxury group, first at TAG Heuer and then at Bulgari. Under his leadership, the maison underwent a profound transformation, reclaiming its unique position as the quintessential Roman high jeweller. He also spearheaded Bulgari’s advancements in watchmaking and expanded Bulgari into the luxury hospitality industry with new hotels in major global cities. 
 
Babin also demonstrated a strong commitment to Italian craftsmanship, evidenced by the inauguration of a new factory extension in Valenza and the launch of the Scuola Bulgari. Babin will continue to serve as chairman of the Bulgari Board, CEO of the Bulgari Hotel Business Unit, and president of the Bulgari Foundation. He will also report to Bianchi.
 
Burdese started her career in the beauty industry, holding brand management positions at Beiersdorf and L’Oréal. In 1999, she joined the Swatch Group as marketing director Italy, before doing management stints at Klein Watch and Jewelry and Swatch Group’s Italian subsidiary. In addition to this role in 2012, she was named president and CEO of Calvin Klein Watch & Jewelry Co. Ltd. 
 
In October 2016, she joined LVMH as president and CEO of Acqua di Parma. In 2022, Burdese was appointed vice president of marketing and communications at Bulgari, before being appointed deputy CEO in 2024. She holds a degree in International Economics from the University of Trieste and a Master’s degree in Marketing and Communication. 
 
 

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Lululemon to enter six new markets in 2026

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Lululemon to enter six new markets in 2026


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December 19, 2025

Lululemon announced on Thursday plans to expand its international footprint in 2026 with six new market entries, marking the largest number of new country launches the brand has undertaken in a single year. 

Lululemon to enter six new markets in 2026. – Lululemon

The expansion will be carried out through Lululemon’s new franchise partnership model and will include entries into Greece, Austria, Poland, Hungary and Romania, alongside a previously announced move into India.

The European launches will be executed in partnership with Arion Retail Group, while Lululemon’s entry into India will be supported by a partnership with Tata CLiQ. 

Consumers in Greece, Austria, Poland, Hungary and Romania will be able to shop Lululemon’s full assortment online, while customers in India will have digital access through Tata CLiQ Luxury and Tata CLiQ Fashion. Physical retail plans, including store locations and opening timelines, will be announced in the new year.

Community engagement will remain central to Lululemon’s expansion strategy, with the brand planning to extend its ambassador network and host local events focused on movement and wellbeing as it enters new regions.

“As we continue to see strong demand for the Lululemon brand around the world, we’re thrilled to grow our presence and communities across Europe and Asia Pacific with entry into six new markets in 2026,” said Sarah Clark, senior vice president, EMEA, Lululemon. 

“Each of these markets offer exciting potential for our brand, and we look forward to working with our franchise partners to introduce our innovative products and engaging guest experiences to more consumers in these regions.”

The upcoming launches represent the latest step in Lululemon’s international growth strategy. The company currently operates in more than 30 markets globally, spanning North America, EMEA, Asia Pacific and mainland China. The new entries follow Lululemon’s expansion into Italy earlier this year, as well as recent franchise-led openings in Denmark, Turkey and Belgium.

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Weak demand drags US textiles & apparel exports down 3.6% in Jan–Sept

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Weak demand drags US textiles & apparel exports down 3.6% in Jan–Sept



Shipments to major markets including Mexico, Honduras, the Dominican Republic, Canada, the United Kingdom, and China contracted, with declines of up to **.** per cent. Exports to Mexico fell *.** per cent to $*,***.*** million, signalling slower manufacturing activity in its export-oriented apparel sector, which relies heavily on US yarns and fabrics. Weakness in Honduras and the Dominican Republic similarly mirrors subdued orders from US brands, weighing on regional supply chains linked through CAFTA-DR as brands rebalance inventories and sourcing volumes.

By contrast, exports to the Netherlands, Japan, and Belgium rose by as much as **.** per cent. These gains were supported by steadier demand for technical textiles and niche fabrics, as well as sourcing adjustments by European manufacturers seeking to diversify material suppliers and reduce overdependence on a limited number of Asian inputs.



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Puma secures more than €600 million in additional financing facilities

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Puma secures more than €600 million in additional financing facilities


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December 18, 2025

Sportswear business Puma has secured additional financing of more than €600 million. It comprises a €500 million facility and a further €108 million in committed credit lines, according to a statement on Thursday. The aim is to reduce utilisation of the existing €1.2 billion revolving credit facility while increasing the company’s financial flexibility.

Reuters

The new €500 million facility is fully guaranteed by Santander Corporate & Investment Banking (Santander CIB). Both new financing instruments have maturities of up to two years.

Markus Neubrand, CFO of Puma SE, said: “While our existing syndicated credit facility and promissory notes remain available, today’s announcement will enhance our financial flexibility as we work to finalise our long-term financing structure. The fact that our banking partners have further expanded their commitment and business relationship underlines the confidence in our future business model and strategic direction. This will enable us to realise our strategic priorities and our goal of establishing Puma as a top-three sports brand worldwide.”

FashionNetwork.com with dpa

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