French conglomerate Kering is restructuring its jewellery business with the creation of a specialised, integrated division tasked to accelerate the growth of its portfolio of luxury jewellery brands.
The new platform – Kering Jewelry – will bring together Boucheron, Pomellato, Dodo and Qeelin as well as the group’s industrial capabilities, including the Raselli Franco Group, which is currently being integrated. Raselli “will play a central role within this structure,” thanks to its artistry and cutting-edge technology, revealed Kering.
The group also appointed Jean-Marc Duplaix as CEO of Kering Jewelry. CEOs of the respective jewellery houses will report to him, thus strengthening strategic alignment and operational coordination. Duplaix will retain his responsibilities as group COO, including finance, M&A, investor relations, real estate, digital and the general secretariat.
According to the group, Kering Jewelry will operate as an integrated platform designed to support the growth of the houses, building on their creative identities and the development of their iconic and high jewellery collections. This structure will also enable the group to capitalise on new opportunities in this category, including for its fashion and leather goods houses.
Luca de Meo, CEO of Kering, said, “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.”