RAPAPORT… Albert Bensoussan has stepped down as CEO of Kering’s luxury
watches and jewelry division, the French retail group said Wednesday.
Bensoussan joined the owner of Gucci and Yves Saint Laurent in 2014, taking responsibility for its jewelry brands Boucheron, Pomellato, DoDo and Qeelin, and its watch collections Girard-Perregaux and Ulysse Nardin. He previously headed jewelry and
watches at LVMH Moët Hennessy Louis Vuitton for 16 years.
“Albert Bensoussan has decided to pursue a personal project
outside of Kering,” the company told Rapaport News Wednesday. “Kering
thanks Albert warmly for his contribution over the last five years as the head
of the watches and jewelry division.”
Correction, November 27, 2019: An earlier version of this article contained incorrect data about Kering’s 2018 jewelry revenue.
Image: Albert Bensoussan. (Kering)
Kering’s Jewelry and Watch CEO Exits
The Bottom Line
- Albert Bensoussan stepped down as CEO of Kering’s luxury watches and jewelry division, effective immediately.
- He managed Kering’s jewelry brands Boucheron, Pomellato, DoDo, Qeelin, and watch collections Girard-Perregaux and Ulysse Nardin since 2014.
- Bensoussan left to pursue a personal project outside Kering, which acknowledged his five-year contribution to the division.
Summary by Rapaport AI
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