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.
More on Majors
The Latest
SourcingJan 26, 2026
Angolan Diamond Cos. Join NDC as Rio Tinto, Murowa Exit Endiama and Sodiam will contribute money to the marketing of natural diamonds as new members of the Natural Diamond Council.
CollectionsJan 26, 2026
Tiffany & Co. Celebrates 189 Years of Love StoriesThe jeweler’s 2026 Valentine’s Day campaign, “Celebrating Love Stories Since 1837,” includes a short firm starring actress Adria Arjona.
GradingJan 26, 2026
DCA Updates Colored Gemstone CourseThe new features include interactive flashcards and scenario-based roleplay with AI tools.
Brought to you by
How Jewelers Can Fight Back Against Cell JammersCriminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.
MajorsJan 23, 2026
Watches of Switzerland Acquires 4-Store Jewelry Chain in TexasFamily-owned jewelry and watch retailer Deutsch & Deutsch has stores in El Paso, Laredo, McAllen, and Victoria.
Weekly QuizJan 22, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
WatchesJan 23, 2026
Damiani Group to Acquire Baume & MercierThe Italian luxury company purchased the nearly 200-year-old Swiss watch brand from Richemont.
TrendsJan 23, 2026
Martin Katz’s Earrings Call to Mind Wintry Weather Micro-set with hundreds of diamonds, these snowflake earrings recreate “winter’s most elegant silhouette,” and are our Piece of the Week.
Brought to you by
Impacting Tomorrow TodayHow Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.
MajorsJan 23, 2026
Rembrandt Charms Names New Director of Creative, Brand StrategyElla Blum was appointed to the newly created role.
Supplier BulletinJan 22, 2026
The Rise of Centralized Sourcing in the Colored Gemstone MarketSponsored by RapNet
MajorsJan 22, 2026
Lugano Diamonds Finds a BuyerInvestment firm Enhanced Retail Funding, a division of Gordon Brothers, was the successful bidder.
SourcingJan 22, 2026
De Beers To Release ‘A Diamond Is Forever’ BookIt explores the history of the iconic tagline and the company’s strategy to redefine the role of diamonds in society.
MajorsJan 22, 2026
Swarovski Appoints New North America PresidentRetail veteran Sindhu Culas has stepped into the role.
MajorsJan 22, 2026
Stuller Names New Chief Merchandising, Marketing, Sales OfficerTaylor Burgess, who has been at Stuller since 2013, was promoted to the newly created role.
PodcastsJan 21, 2026
Episode 1: High Gold Prices, the Diamond Dilemma, & What’s NextWas 2025 a good year for jewelers? Did lab-grown diamonds outsell natural? Find out on the first episode of the “My Next Question” podcast.
EditorsJan 21, 2026
6 Jewelry Designers Poised to Have a Breakout Year in 2026Whether you recognize their jewels or are just discovering them now, these designers’ talent and vision make them ones to watch this year.
SourcingJan 21, 2026
Tucson Preview 2026: Earthy Tones and Innovative Shapes Buyers are expected to gravitate toward gemstones that have a little something special, just like last year.
CrimeJan 21, 2026
4 Men Charged in $1.7M California Smash-and-Grab Jewelry Store RobberyPlus, JSA’s Scott Guginsky discusses the need for jewelers to take more precautions as the gold price continues to climb.
IndependentsJan 21, 2026
Delaware Jeweler Felice Morris Dies at 91Morris’ most cherished role was being a mother and grandmother, her family said.
CollectionsJan 21, 2026
Bulgari Weaves New Collection of ‘Vimini’ Creations“Vimini” is the first chapter of the “Bulgari Eternal” collection that merges archival pieces with modern creations.
Events & AwardsJan 21, 2026
Jewelers Mutual’s ‘Conversations’ Retreat Returns to Discuss AIThe third edition will be held in Half Moon Bay, California, in April.
Events & AwardsJan 20, 2026
These Are the 5 Finalists for the David Yurman Gem Awards GrantThe grant is in its first year and was created to recognize an exceptional fine jewelry designer whose star is on the rise.
ColumnistsJan 20, 2026
First-Party Data Is the Most Valuable Asset Jewelers Have in 2026Data built on trust, not tracking, will be key to success going forward, as the era of “borrowed attention” ends, Emmanuel Raheb writes.
MajorsJan 20, 2026
Borsheims Hires New Assistant Facilities ManagerHeath Yarges brings two decades of experience to the role.
EditorsJan 16, 2026
Remembering Pete Yantzer for His Contributions and His Kindness Pete’s boundless curiosity extended beyond diamond cut and he was always eager to share his knowledge with others, no matter the topic.
FinancialsJan 16, 2026
Richemont’s Jewelry Brands Shine in Q3Cartier, Van Cleef & Arpels, Buccellati, and Vhernier had another successful holiday season, Richemont reported this week.
TrendsJan 16, 2026
Diane Lane's Brooch Buzzes at the 2026 Golden GlobesOur Piece of the Week is Lagos’ “Bee” brooch that was seen on the red carpet for the first time on Sunday.
