Kering’s high-end jewellery segment saw steady growth in 2025, buoyed by more dynamic store networks, strong sales and an overall improvement in consumption momentum.

The French luxury conglomerate owns Boucheron, Pomellato, DoDo and Qeelin. “The jewellery houses maintained their 2024 trends, with growth in 2025 driven in particular by the success of their collections and development in Asia-Pacific and Japan,” noted Kering. 

High jewellery collections from Boucheron as well as Qeelin and Pomellato were particularly well received, the group said. Boucheron delivered double-digit growth while Pomellato maintained a steady trajectory and Qeelin continued to enjoy solid momentum.

“Boucheron confirmed its potential with further strong sales growth in 2025. Revenue growth slowed at Pomellato whereas DoDo performed very well while Qeelin’s sales rose sharply, driven by the success of its products in a buoyant Chinese market,” revealed the group.

Kering attributed the jewellery houses' stable performance to improvements in the quality of store networks and strong sales of their collections.

In December last year, Kering announced that it was buying family-owned jeweller Raselli Franco Group. The acquisition will be completed in several stages, starting with an initial 20 per cent stake in the first quarter of 2026, for €115 million (around US$137.04 million). The agreement includes a clear pathway to full ownership by 2032.