Renaissance Global announces launch of Jean Dousset Jewelry's New Boutique in New York City

Renaissance Global Ltd. (RGL) is pleased to announce the opening of a new Jean Dousset Jewelry boutique in New York City, effective November 15, 2025. This launch signifies a major step in our strategic growth within the premium branded lab-grown diamond jewellery segment.

Renaissance Global acquired a strategic minority stake in Jean Dousset in January 2025-an esteemed American luxury brand celebrated for its exceptional craftsmanship, commitment to ethical luxury, and pioneering leadership in lab-grown diamond jewellery.

Founded and designed by Jean Dousset, the great-great-grandson of legendary jeweler Louis Cartier, the brand is globally admired for its exquisite engagement rings and fine jewellery that embody refined elegance and responsible luxury.

Pioneering Luxury in Lab-Grown Diamonds

Jean Dousset stands at the forefront of luxury in the lab-grown diamond category. The brand meticulously selects "only the top 0.1% of lab-grown diamonds" for their extraordinary beauty and precision craftsmanship. With engagement rings averaging $10,000, Jean Dousset occupies a distinctly premium position within the fine jewellery market.

A New Chapter in the Heart of New York

The New York boutique marks Jean Dousset's expansion into one of the world's most influential luxury capitals. Building on the success of its flagship location in West Hollywood, Los Angeles-at the iconic intersection of Melrose Avenue and La Cienega Boulevard-the brand is poised to bring its distinguished heritage and bespoke service to New York's discerning clientele.

Elevated Client Experience

The boutique will offer a dual experience:

- Bespoke, custom-designed jewellery available for in-store consultation and collection.

- A curated selection of ready-to-purchase fine jewellery available directly at the boutique. This approach ensures both convenience and exclusivity, while preserving the brand's signature high-touch luxury experience.

Strong Growth & Strategic Vision

Jean Dousset has demonstrated exceptional performance, achieving 40% year-on-year revenue growth in FY 2024 to reach ₹85.1 crore. The flagship Los Angeles boutique alone contributes approximately $3 million (₹25 crore) annually-representing nearly 30% of the brand's total revenue, underscoring the strong profitability and high retail productivity of the brand's physical presence.

Recognizing this success, Renaissance Global and Jean Dousset are set to accelerate their retail expansion with three additional boutiques planned for 2026, bringing total store count to five location. Each location is expected to contribute meaningful revenue growth to Jean Dousset and further strengthen the performance of the D2C segment. This strategic rollout will enhance brand visibility, deepen customer engagement, and position Jean Dousset for sustained momentum in the years ahead.

Commenting on the announcement, Sumit Shah, Global CEO at Renaissance Global Ltd., said: "Our collaboration with Jean Dousset represents a shared vision for heritage, innovation, and future-forward luxury. The new boutique in New York City strengthens our position in the premium lab-grown jewellery market and reaffirms our commitment to bringing ethically crafted, world-class design to global consumers."

Source : Equity Bulls

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RenaissanceGlobal NewDoussetJewelryBoutique NewYorkCity