Kering reported robust growth in jewellery revenues in the first six months of 2021, indicating continued recovery in the sector. Sales were mainly driven by solid demand in Asia, the group revealed.

“Jewellery saw one of the highest year-on-year revenue increases in first-half 2021, compared with both 2020 and 2019,” noted Kering. “This strong momentum was experienced not only by the group’s jewellery houses but also by the jewellery offerings of the couture and leather goods houses.”

High jewellery sales also rebounded in the first half of the year. Kering owns jewellery houses Boucheron, Pomellato and Qeelin, among others. 

According to the group, Qeelin’s revenue benefited from the flourishing luxury market in China. Boucheron for its part continues to face headwinds in Western Europe but its “very promising” development in Asia has fuelled a steep rise in revenue compared with the same period in 2019. 

Sales generated by Pomellato – whose distribution is still mainly European – increased compared with the same period in 2020 and even slightly exceeded their first-half 2019 level, according to Kering.