Retail & Technology

Two CEOs and a president: Kering rewires Pomellato, DoDo and its Italian holding

Charlotte Fournet takes Pomellato and Krizia Cucurachi takes DoDo on 15 September, both reporting to Jean-Marc Duplaix. Sabina Belli, Pomellato's chief since 2015, becomes president of Kering Italia.

By The Retail Desk

What changed

Kering named Charlotte Fournet chief executive of Pomellato and Krizia Cucurachi chief executive of DoDo on 1 September, both appointments effective 15 September. Both report to Jean-Marc Duplaix, the group's chief operating officer, who also runs the jewellery division.

What it means

  • Personnel news is usually the thinnest kind of trade story, and this one is worth reading only because of where it sits in the accounts. Kering's jewellery is a 521 million euro business inside a 7.22 billion euro group that shrank, and it is the piece the group is now staffing up and giving an Italian corporate spine.
  • For jewellers who stock or compete with Pomellato and DoDo, the near-term signal is distribution: a mandate written around store productivity and wider distribution usually shows up first as more doors, then as pressure on the ones already open.

Key figures

effective date, all three moves15 Sept
jewellery-house revenue, H1 2026€521m
as reported, +20% comparable+14%
jewellery operating income, doubled€32m

Source: Kering, announced 1 September 2026

Three moves on one date

On the same date Sabina Belli, who has led Pomellato since 2015, becomes president of Kering Italia, the group's Italian holding. Three moves, one date, and they are best read as a single reorganisation of the group's Italian jewellery base rather than as three separate hirings.

effective date, all three moves

Kering, first half 2026, growth by line

Jewellery, Comparable+20%
Jewellery, As Reported+14%
Group Revenue-3%

Source: Kering, announced 1 September 2026

Fourteen years inside the group's houses

Fournet arrives with fourteen years inside the group's own houses. She joined Saint Laurent in 2014, moved to Gucci in 2019 and to Bottega Veneta in 2020, working in merchandising and product strategy.

Her stated brief at Pomellato is elevated branding, higher store productivity and wider distribution, which is a mandate about the shape of the retail estate rather than about design. Cucurachi's brief at DoDo is narrower and clearer still: strategic development, with the house positioned around jewellery bought as a gift.

Kering, first half 2026, growth by line
Figure
Jewellery, Comparable+20%
Jewellery, As Reported+14%
Group Revenue-3%

The division being staffed up is the one growing against a group that shrank, reported by this paper on 29 July 2026. Kering first-half 2026 results as reported by Carat Capital, 29 July 2026. Carat Capital graphics desk.

Eleven years at Pomellato, then Italy

Belli's move upward is the part with the most weight behind it. Eleven years at the head of Pomellato covers the period in which the house became the larger of Kering's two Milanese jewellers, and the presidency of Kering Italia puts her across the group's whole Italian operation rather than one maison.

The company has not published financial responsibilities attached to the role and this desk has not seen a figure for it, so no scope is claimed here beyond the title.

The part of the portfolio that grew

The context is this paper's own reporting from 29 July. Kering's jewellery houses, Boucheron, Pomellato, Qeelin and DoDo, lifted first-half revenue to 521 million euros, up 14% as reported and 20% on a comparable basis, with operating income doubling to 32 million euros. Group revenue over the same half fell 3% to 7.22 billion euros.

The jewellery division was created in March of this year and handed to Duplaix. Putting new chief executives into two of its four houses six months later is what a group does with the part of the portfolio that is growing, not the part it is fixing.

The story so far

  1. Boucheron hits a record as Kering's jewelry runs 14% ahead (29 July 2026)
  2. £59,000 in Penzance: a steel Patek beats its low estimate 11.8 times
  3. $675 for the one-carat while the index rises $12: lab-grown splits in two

Go deeper

Method

The division being staffed up is the one growing against a group that shrank, reported by this paper on 29 July 2026.

Sources4