FinancialsFeb 10, 2026
Kering Plans Transformation as 2025 Sales Sink 13%MajorsMar 17, 2026
Kering Establishes Jewelry Division, Appoints CEO
The organizational change follows Kering’s promise of a transformation after declining sales in 2025.
Kering has appointed Jean-Marc Duplaix as the CEO of its newly created Kering Jewelry group. (Image credit: Carole Bellaiche)
Paris—Kering has created Kering Jewelry, a new division established to accelerate the growth of its jewelry brands.
Jean-Marc Duplaix, who is also Kering’s chief operating officer, has been appointed CEO of Kering Jewelry, effective immediately.
He will retain his role as COO, and the CEOs of the jewelry houses will report to him.
The new entity will combine jewelry brands Boucheron, Pomellato, Dodo, and Qeelin, as well as Kering’s industrial capabilities, including the Raselli Franco Group.
Kering recently acquired a stake in the Italian jewelry manufacturer, and it is currently being integrated into the company.
The manufacturer will play a key role in the new group, said Kering, citing its “exceptional savoir faire and cutting-edge technologies.”
Kering CEO Luca de Meo said: “With Kering Jewelry, we are giving the group a powerful and cohesive platform capable of supporting our houses’ ambitions in an area of expertise where creativity and excellence are inseparable. I am delighted with the appointment of Jean-Marc; his experience will be instrumental in unlocking the group’s full potential in jewelry.”
Kering Jewelry will be an integrated platform that supports the brands’ growth, supporting their creative identities and the development of jewelry lines.
Kering said the structural change also will allow it to capitalize on new opportunities in jewelry, including for its fashion and leather goods houses.
Previously, Kering had grouped its jewelry brands into the “Other Houses” division alongside Alexander McQueen and Balenciaga.
In February, Kering reported a double-digit decline in group revenue in 2025, a performance de Meo said did not reflect the company’s true potential.
Kering announced then that it was preparing for a transformation.
On April 16, during its Capital Markets Day, the company will present a new roadmap to get back to growth, de Meo said, with “well-defined brand strategies, a more effective organization, and strong financial discipline.”
Related stories will be right here …
Jean-Marc Duplaix, who is also Kering’s chief operating officer, has been appointed CEO of Kering Jewelry, effective immediately.
He will retain his role as COO, and the CEOs of the jewelry houses will report to him.
The new entity will combine jewelry brands Boucheron, Pomellato, Dodo, and Qeelin, as well as Kering’s industrial capabilities, including the Raselli Franco Group.
Kering recently acquired a stake in the Italian jewelry manufacturer, and it is currently being integrated into the company.
The manufacturer will play a key role in the new group, said Kering, citing its “exceptional savoir faire and cutting-edge technologies.”
Kering CEO Luca de Meo said: “With Kering Jewelry, we are giving the group a powerful and cohesive platform capable of supporting our houses’ ambitions in an area of expertise where creativity and excellence are inseparable. I am delighted with the appointment of Jean-Marc; his experience will be instrumental in unlocking the group’s full potential in jewelry.”
Kering Jewelry will be an integrated platform that supports the brands’ growth, supporting their creative identities and the development of jewelry lines.
Kering said the structural change also will allow it to capitalize on new opportunities in jewelry, including for its fashion and leather goods houses.
Previously, Kering had grouped its jewelry brands into the “Other Houses” division alongside Alexander McQueen and Balenciaga.
In February, Kering reported a double-digit decline in group revenue in 2025, a performance de Meo said did not reflect the company’s true potential.
Kering announced then that it was preparing for a transformation.
On April 16, during its Capital Markets Day, the company will present a new roadmap to get back to growth, de Meo said, with “well-defined brand strategies, a more effective organization, and strong financial discipline.”
In the meantime, the luxury titan has made other changes to its structure.
Earlier this month, it announced the creation of Industry and Client groups to boost its operational efficiency and support the growth of its brands.
The Industry division will focus on production, including integrating purchasing, manufacturing, supply chain, quality, and research and development.
The Client division will use its expertise and solutions to implement the group’s strategy, overseeing the entire value chain and the functions related to clients, including product and pricing, marketing, distribution channels, sales and operations planning, and data.
Industrial leader Stéphane Noël was appointed chief industrial officer, effective April 1, while Carlo Mocci was appointed chief client officer, effective May 4.
Kering announced a few other appointments as well, including Fedele Usai as chief marketing officer and Daniele Zito as chief commercial officer.
Editors' Picks
Sponsored by
More on Majors
The Latest
IndependentsJun 05, 2026
Pennsylvania Jewelry Store To Close After 79 YearsJim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.
SurveysJun 05, 2026
Consumers to Cut Back on Spending Amid Rising Prices, Survey Shows When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.
CollectionsJun 05, 2026
Rebel Jewelry’s Charm Symbolizes Perseverance for Pride MonthThe “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.
Brought to you by
All Eyes on Gold Prices. Alternatives to Look For. And What to BEWARE of in VegasAs gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.
SourcingJun 05, 2026
State of Diamonds: The Way Forward for Natural DiamondsThe jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.
Weekly QuizJun 05, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
AuctionsJun 04, 2026
Treasures from Maurice Tempelsman’s ‘Marvelous’ Life Head to AuctionUp for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.
CollectionsJun 04, 2026
Buddha Mama to Spend the Summer in AspenThe Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.
Brought to you by
How Modern Training Is Becoming a Competitive Advantage for Jewelry RetailersWith the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.
ColumnistsJun 03, 2026
Peter Smith: When Top Talent Leaves and What It Says About YouSmith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.
GradingJun 03, 2026
GIA’s Tracr Investment Is First Step Toward Industry-Owned PlatformThe Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.
WatchesJun 03, 2026
The 1916 Company Taking Pre-Owned Rolexes on the Road, AgainThe retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.
IndependentsJun 03, 2026
Jessica Alba Is the New Face of Gabriel & Co.The actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.
TrendsJun 03, 2026
State of Design: Only the Innovative Will SurviveThe price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.
FinancialsJun 02, 2026
Signet Jewelers’ Q1 Sales Up 2% As It Focuses on ‘Core Four’ The jewelry retailer is zeroing in on Zales, Jared, Kay Jewelers, and Blue Nile as it looks to create unique brand identities for each.
SourcingJun 02, 2026
Leader Appointed for Botswana’s Diamonds for Development Fund Dr. Akinwumi Adesina, a development economist, will head the fund created to help Botswana diversify its economy.
WatchesJun 02, 2026
Watch Industry Veteran James Marks Joins Sotheby’sSotheby’s has appointed the former Phillips executive as its global head of private sales and retail in its watches division.
AuctionsJun 02, 2026
Sotheby’s to Auction 10-Carat Blue Diamond, 1960s Harry Winston Necklace A private collection of five Paraíba tourmalines also will be up for sale at Sotheby’s High Jewelry auction in New York, scheduled for June 16.
IndependentsJun 02, 2026
State of Retail: 6 Things Retailers Should Know About Consumers TodayFrom Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.
Events & AwardsJun 01, 2026
Design Atelier Brands Have a Big Night at Emotional Couture Design AwardsThe show started by honoring Mildred Marcano, ended with a tearful Beth Anne Bonanno, and recognized a dozen-plus designers in between.
SourcingJun 01, 2026
RapNet Rebranding as Rapaport TradeThe revamped online diamond marketplace will feature pricing intelligence and data-driven tools for more efficient buying and selling.
SourcingJun 01, 2026
Gemfields’ Higher-Quality Emerald Auction Achieves $26.8MThe miner said demand for higher-quality emeralds is stable, but there is notable caution in the market.
CollectionsMay 29, 2026
Cultus Artem’s Necklace Is the Oasis in Las Vegas’ DesertThe “River of Heaven” necklace, our Piece of the Week debuting at Couture, combines 26 salt and pepper diamonds spaced by Tahitian pearls.
IndependentsMay 29, 2026
Meet the 2026 Retailer Hall of Fame InducteesThis year’s inductees include second-, third-, and fourth-generation jewelers.
Events & AwardsMay 28, 2026
JCK Announces Jesse Itzler as 2026 Keynote SpeakerThe author, speaker, and entrepreneur will give his presentation, “Spiritual Billionaire,” on Saturday morning.
Events & AwardsMay 28, 2026
JCK Rocks To Ride With NellyThree-time Grammy award-winning artist Nelly is set to perform at the annual event at Tao Beach on Sunday night.
MajorsMay 28, 2026
Signet Jewelers to Buy The Clear Cut Signet will integrate the online-only, natural diamond-focused jeweler into Blue Nile, which it wants to position as a higher-end retailer.
CollectionsMay 28, 2026
Meet The 17 Newcomers to Couture’s Design AtelierThese up-and-coming jewelry brands are bringing their distinct aesthetic and unique point-of-view to the Design Atelier for the first time.
