Kering’s jewellery brands recorded double-digit growth in revenue in the third quarter of 2025 amid the luxury conglomerate’s broader decline during the period.
The group’s overall revenue fell 10 per cent to €3.4 billion (around US$3.94 billion) from July to September 2025, yet its jewellery division demonstrated resilience amid challenging market conditions.
Kering said its jewellery houses saw solid momentum throughout the third quarter.
“Boucheron’s development in the US and Asia-Pacific was particularly encouraging. Revenue was up at Pomellato, whose High Jewelry line was very well received. Qeelin maintained its very positive trajectory in Asia-Pacific,” it said.
In the first nine months of the year, Kering generated revenue of €11 billion (around US$12.75 billion), representing a 14 per cent decline year on year.