Oct 23, 2026

Model wearing Boucheron’s Carte Blanche pink quartz and diamond necklace.

Kering’s Q3 Jewellery Revenue Grows 12% to €239 Million

French luxury group Kering’s jewellery division recorded revenue of €239 million in the third quarter of 2026, up 11% on a comparable basis and 12% as reported. Directly operated retail sales rose 18%, while wholesale and other revenue declined 6%.

The division comprises four brands: Boucheron, Pomellato, DoDo and Qeelin, each catering to distinct segments of the luxury jewellery market.

Boucheron maintained strong momentum, supported by its Quatre and Serpent Bohème collections, with Japan and South Korea among its stronger markets. Pomellato also performed well, particularly in Japan, driven by collections including Nudo, Iconica and Together.

DoDo and Qeelin recorded mixed performances. Qeelin introduced Wulu Purple Jade, extending its use of Chinese cultural motifs in contemporary fine jewellery.

For the January to September 2026 period, Kering’s jewellery revenue reached €760 million, up 17% on a comparable basis. The division outperformed the group overall, which reported €10.565 billion in revenue for the period, stable on a comparable basis.