Fope Opened French Subsidiary After Revenue Growth
The Italian jeweler launched a new subsidiary in Saint-Herblain as part of a strong international expansion.
Updated on Oct. 6, 2026 in Jewelry
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Fope S.p.A. inaugurated its new wholly owned French subsidiary, Fope France SAS, on August 10, 2026. This expansion followed a robust first half of 2026 in which the brand reported 32 percent revenue growth compared to the prior year.
Why it matters
The move into France underscores the brand's strategy to capture demand in international markets, which now account for the vast majority of its net revenue. Consistent financial gains have allowed the jeweler to scale its physical presence across both Europe and Asia.
Fope reported a net revenue of 56.77 million euros for the first half of 2026, with 86 percent of that total generated in overseas markets. EBITDA reached 14.81 million euros, or 26.1 percent of net revenue, alongside a net financial position of 9.85 million euros.
The players
Fope S.p.A.
This is an Italian jewelry manufacturer headquartered in Vicenza that operates a global network of retail outlets.
Fope France SAS
This entity is a newly established, wholly owned French subsidiary of Fope S.p.A.
The details
The new subsidiary, Fope France SAS, is located in Saint-Herblain and functions as a wholly owned entity of the Vicenza-based parent company. Alongside this European development, the brand expanded in Asia during September 2026 with a new boutique in Hong Kong and a pop-up store in Bangkok.
Timeline
August 10, 2026: Fope France SAS was inaugurated in Saint-Herblain.
September 2026: The brand opened a Hong Kong boutique and a Bangkok pop-up store.
April 2027: The Bangkok pop-up store is scheduled to close.
Culture Shift
Fope's move aligns with the luxury jewelry sector's broader trend of prioritizing direct-to-consumer international expansion to maintain growth. This shift highlights a strategic pivot toward controlling regional operations rather than relying solely on third-party distribution.
The expansion means that shoppers in France and Asia will have more direct access to the brand's collections through company-managed locations. These new physical touchpoints allow customers to engage directly with the brand's full product range rather than relying on multi-brand retailers.
The takeaway
The successful growth of the company demonstrates the continued strength of established luxury brands that invest in local infrastructure. For the consumer, this indicates a shift toward a more standardized brand experience across major global fashion hubs.
What happens next
The pop-up store located in Bangkok is scheduled to remain in operation until April 2027.
Further reading
For more on the latest developments in luxury design, visit the Jewelry section.
Source note: This article includes information reported by FashionNetwork.
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