Global luxury group Kering has announced the formation of a new jewellery-focused division as part of its ongoing corporate restructuring led by chief executive Luca de Meo. The newly established unit, Kering Jewelry, aims to strengthen and expand the group’s presence in the global fine jewellery sector.
The division will unite several of the group’s jewellery houses, including Boucheron, Pomellato, Dodo and Qeelin. It will also incorporate the group’s jewellery manufacturing capabilities in Paris, including the recently acquired Raselli Franco Group based in Valenza, Italy. Kering purchased the manufacturer in December for €115 million, and it is expected to become a key production hub thanks to its advanced technology and specialised craftsmanship.
To lead the new entity, Kering has appointed experienced executive Jean‑Marc Duplaix as chief executive officer of Kering Jewelry with immediate effect. The CEOs of the group’s jewellery maisons will report directly to him, a move intended to enhance strategic alignment and operational coordination across the division.
Duplaix will continue to serve in his current role as chief operating officer of Kering, overseeing areas such as finance, mergers and acquisitions, investor relations, digital operations, real estate and corporate governance.
The company said the new division will function as an integrated platform designed to support brand growth while strengthening their creative identities and expanding high jewellery and iconic collections. The structure is also expected to help the group capture additional opportunities within the jewellery category, benefiting its broader fashion and leather goods businesses.
Commenting on the initiative, Luca de Meo said the new structure will provide a strong foundation for the group’s jewellery ambitions. He noted that creativity and technical excellence are closely linked in this segment and expressed confidence that Duplaix’s experience would help unlock further growth for the group.
Headquartered in Paris, Kering was founded in 1963 by François Pinault and today manages a portfolio of major luxury brands including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, McQueen, Brioni and Ginori 1735. The group also operates divisions such as Kering Eyewear and Kering Beauté alongside the newly created jewellery unit.
In 2025, the luxury conglomerate employed around 44,000 people worldwide and reported revenue of €14.7 billion.
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