Kering has launched a new entity named Kering Jewelry to coordinate and expand its activities in the luxury jewellery market. The group confirmed that this move is designed to structure its existing portfolio and accelerate business growth. The new division unites several established brands including Boucheron, Pomellato, Dodo and Qeelin. It also incorporates the Group’s industrial assets such as the Raselli Franco Group. This integration is expected to provide the division with advanced technology and specialist craftsmanship.
Jean-Marc Duplaix has been named the Chief Executive Officer of Kering Jewelry with immediate effect. The CEOs of the individual jewellery brands will now report directly to him to improve strategic alignment and operational efficiency. Duplaix is set to retain his existing responsibilities as the Group Chief Operating Officer. His current remit covers finance, mergers and acquisitions, investor relations and digital strategy. The appointment suggests a focus on combining financial oversight with sector-specific growth.
The new structure will function as an integrated platform to support the development of both iconic and high jewellery collections. Kering stated that the platform will respect the creative identities of its various Houses while providing better resources for expansion. This centralised approach will also allow the company to explore jewellery opportunities for its fashion and leather goods brands. The integration of industrial expertise is intended to give the firm a competitive edge in high-end production.
Luca de Meo, Chief Executive Officer of Kering, commented on the strategic shift: “With Kering Jewelry, we are giving the Group a powerful and cohesive platform capable of supporting our Houses’ ambitions in an area of expertise where creativity and excellence are inseparable. I am delighted with the appointment of Jean-Marc: his experience will be instrumental in unlocking the Group’s full potential in Jewelry.”
By grouping these brands under a single leadership structure, Kering aims to capitalise on the rising demand for luxury jewellery globally. The initiative marks a major step in the Group’s effort to diversify its revenue streams and strengthen its position against rivals in the hard luxury segment. The move reflects a broader trend among luxury conglomerates to consolidate specialised divisions to ensure consistent performance across multiple markets and product categories.
