WatchesAug 25, 2023
Rolex to Acquire Longtime Partner Bucherer MajorsNov 07, 2023
Boucheron Acquires High Jewelry Workshop in Paris
The workshop is comprised of four companies: Blondeau, Belter, Chanson & Cie, and FG Développement.
Boucheron debuted these high jewelry “Illusion” rings set with, from left, a 10.38-carat Australian opal, a 30.98-carat black Australian opal and a 50.95-carat white Ethiopian opal, in 2021. The Kering-owned jewelry brand just acquired a Paris-based workshop to enhance its high jewelry manufacturing capabilities.
Editor’s note: This story was updated post-publication to include confirmation from Boucheron regarding the acquired workshop’s employees and location.
Paris—Several months after LVMH took a majority stake in Platinum Invest Group, rival Kering has made a move to bolster its manufacturing capabilities.
On Monday, Kering-owned brand Boucheron announced the acquisition of an atelier that specializes in manufacturing high jewelry, all working out of a single facility not far from the brand’s longstanding workshop at 26 Place Vendôme in Paris.
French entrepreneur Cédric Gangemi, a jeweler by training, founded the group, which is comprised of four companies: Blondeau, Belter, Chanson & Cie, and FG Développement.
According to WWD, Gangemi worked at Chanson & Cie (established 1961) and Blondeau (established 1978) before taking them over.
He combined the two workshops under a single roof in 2017, with Belter and FG Développement later joining the atelier.
Related stories will be right here …
Paris—Several months after LVMH took a majority stake in Platinum Invest Group, rival Kering has made a move to bolster its manufacturing capabilities.
On Monday, Kering-owned brand Boucheron announced the acquisition of an atelier that specializes in manufacturing high jewelry, all working out of a single facility not far from the brand’s longstanding workshop at 26 Place Vendôme in Paris.
French entrepreneur Cédric Gangemi, a jeweler by training, founded the group, which is comprised of four companies: Blondeau, Belter, Chanson & Cie, and FG Développement.
According to WWD, Gangemi worked at Chanson & Cie (established 1961) and Blondeau (established 1978) before taking them over.
He combined the two workshops under a single roof in 2017, with Belter and FG Développement later joining the atelier.
Boucheron CEO Hélène Poulit-Duquesne called the acquisition of this high jewelry workshop a “new chapter” in the company’s history, bolstering a segment of the business that parent company Kering recently called out as a strong performer in an otherwise subdued quarter.
“[This acquisition] will reinforce the production capacity of Boucheron’s historical workshop on Place Vendôme, enabling us to meet the increasing demand of our clients while maintaining the excellence of our craftsmanship,” Poulit-Duquesne said.
Together, the four companies employ about 60 artisans, a mix of CAD designers, jewelers, lapidaries, stone setters, and polishers.
Financial terms of the deal, which was finalized Oct. 31, were not disclosed, though Boucheron confirmed it will keep all the workshop’s employees, and they will continue to work out of the same location in Paris.
Frédéric Boucheron founded his eponymous jewelry brand in 1858. The Gucci Group acquired the company in 2000, and Kering upped its ownership in Gucci to a majority stake in 2003 and 2004.
Today, Boucheron has more than 50 stores worldwide.
Editors' Picks
Sponsored by
More on Majors
The Latest
SourcingOct 05, 2026
De Beers to Take Full Ownership of Gahcho KuéIt is the last fully operational diamond mine in Canada following the recent closures of Ekati and Diavik.
AuctionsOct 05, 2026
The Star Cats of the Sandy Lerner AuctionThese jewels stood out at Bonhams’ sale of the cat-loving tech entrepreneur’s collection of objects depicting the feline form.
CollectionsOct 05, 2026
Sorellina Writes Another Love Letter for ‘Postscript’ CollectionThe fine jewelry brand has expanded the collection that debuted at Couture with four new designs based on its most popular styles.
Brought to you by
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional EditionExperience gemstones with greater precision and comfort than ever before.
SourcingOct 05, 2026
Bruce Bridges Joins CIBJO BoardThe AGTA president was elected for a two-year term on the board of directors.
Weekly QuizOct 01, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
SourcingOct 02, 2026
De Beers, National Geographic Society Renew Okavango Eternal Partnership The partnership, a pledge to protect Africa’s Okavango River Basin, has been extended for an additional five years.
TrendsOct 02, 2026
Hearts On Fire Celebrates 30th Anniversary With Heart PendantThe special-edition “Dream” pendant, our Piece of the Week, was created to mark Hearts On Fire’s 30-year milestone with 30 diamonds.
Brought to you by
Your Piece Could Be the One Editors Talk AboutSubmit your pieces for a chance to win in this year's competition.
CrimeOct 01, 2026
Police Looking for 4 Suspects in $600K Smash-and-Grab RobberyDubai Jewelers in Springfield, Virginia, was once again the target of an armed robbery.
SurveysOct 01, 2026
Rolex Ranks Among Most Recommended Brands in US, Survey Says YouGov’s 2026 U.S. Most Recommended Brands report’s out, and a fast-fashion giant is sitting at No. 1 while Rolex is just shy of the top 5.
SourcingOct 01, 2026
Columbia Gem House Opens ‘Cutting Toward Change’ FundraiserProceeds from its jewelry raffle will benefit an organization working in India to combat silicosis, a lung disease affecting stone cutters.
TrendsOct 01, 2026
Carolina Hurricanes’ Championship Ring Reveals Hidden Hockey Puck PendantThe rings, crafted by Jason of Beverly Hills, celebrate the hockey team’s Stanley Cup win with design elements that honor its traditions.
TrendsOct 01, 2026
Amanda’s Style File: October’s Color Range This roundup of birthstone jewelry for October features vibrant tourmalines and opals with personality.
SourcingSep 30, 2026
Botswana’s President, De Beers CEO Say Diamond Demand Is RecoveringPresident Duma Boko spoke at back-to-back events in the city last week, touting Botswana’s stability and the diamond “bounceback.”
CollectionsSep 30, 2026
Oscar Heyman’s Holiday Book Is ‘A Living Archive’ The catalog showcases 112 new, one-of-a-kind pieces amid highlights from the jeweler’s historic archive.
SourcingSep 30, 2026
Gemfields Posts $98.5M Loss, Writes Down Value of Ruby MineIts Montepuez Ruby Mining operation in Mozambique, which is not yielding enough high-quality rubies, has taken a $125 million hit.
SurveysSep 30, 2026
Consumer Confidence Falls to 12-Year Low in SeptemberThose surveyed were worried about the present and the future, with write-in responses mentioning high oil and gas prices.
Events & AwardsSep 30, 2026
Jewelers of America, JA New York to Host Networking EventThe event will take place on the evening of Oct. 26 in New York City.
IndependentsSep 29, 2026
Christy Bromberg, Longtime Gift Buyer for Underwood Jewelers, Dies at 68She is remembered for her joie de vivre, upbeat personality, genuine interest in other people, and love of the Alabama Crimson Tide.
AuctionsSep 29, 2026
Dionne Warwick’s Jewelry Goes Up for AuctionOnline bidding is open now for Julien’s sale of items owned by the “Walk On By” singer, whose final album comes out this fall.
Events & AwardsSep 29, 2026
Matt Stuller to Receive 2027 Gem Award for Lifetime AchievementThe founder and executive chairman of Stuller Inc. is being honored for his impact on the jewelry industry at the 25th annual Gem Awards.
ColumnistsSep 29, 2026
Your Holiday Marketing Has a Bridal Blind SpotDecember is the most popular month to propose, and jewelers need to keep that in mind when planning their holiday marketing.
AuctionsSep 29, 2026
If You Love Cats, This Jewelry Auction Is for YouCat ladies of the jewelry world, unite. Sandy Lerner’s collection of cat jewelry and other objects is going up for auction Wednesday.
CollectionsSep 28, 2026
De Beers London Drops Water-Inspired High Jewelry Collection“Vibrations” features several firsts for De Beers’ high jewelry, including the use of chalcedony and diamonds sourced from artisanal miners.
CollectionsSep 28, 2026
Jessica McCormack Turns to Classic Motif for New CollectionThe “Bows” collection features three interpretations of the bow motif designed with Georgian and Victorian influences.
Events & AwardsSep 28, 2026
Guy Borenstein, Troy Underwood Among the Professionals Honored at AGS Conclave 2026The American Gem Society recognized industry members, one Guild, and a law enforcement official for their contributions to jewelry.
FinancialsSep 28, 2026
Instappraise, Jewelers Mutual Look to Simplify Jewelry InsuranceThrough a new system integration, customers can now receive instant personal jewelry insurance quotes at the time of appraisal.
