Falling oil prices were a factor in the slight month-over-month improvement.
Harry Kotlar Opens First Boutique in San Francisco
The diamond house will call a shop-in-shop in the new Shreve & Co. flagship store home.

San Francisco--After nearly 70 years in business, Harry Kotlar is opening its first boutique.
Kotlar is the Los Angeles-based diamond house whose mega-watt stones are spotted on many a red carpet.
The brand’s first boutique is a shop-in-shop located in the new Shreve & Co. flagship store in San Francisco. Shreve & Co., which has a store in Palo Alto, California as well as one in Portland, Oregon that it’s in the process of shutting down, has been operating in San Francisco since 1852.
Harry Kotlar Brand Director Czarah Cabrera said, “We are excited to be a part of the new Shreve & Co. store, one of the best independent retailers in the country. This is a momentous occasion in Harry Kotlar and Shreve’s longstanding relationship.”
Kotlar was founded in 1948 as a diamond supply company by namesake Harry Kotlar, a Polish immigrant who relocated to Los Angeles with his family after World War II.
Over the years, as the company’s supply business grew, it started creating custom jewelry for clients, eventually launching an official designer line in 2000 under the direction of David Wiener, Kotlar’s grandson and now CEO of the company.
The brand’s first designs included the Artisan Pavé Scallop, Criss Cross and Chevron collections. They went on to patent the Kotlar Cushion, a cushion-cut diamond featuring 61 facets to maximize brilliance.
In 2014, the company launched Kotlar 1948, an entry-level fashion collection aimed at younger consumers, with starting price points at $1,680, a major departure from the brand’s typical rings, many of which retail for more than $100,000.
“I believe heritage, innovation and quality are still the defining traits of ultimate luxury for the most discerning consumers,” Czarah explained of the house’s philosophy.
“Thus, Harry Kotlar will never depart from real, authentic artisan tools and time-honored jewelry manufacturing methods of hand-forging, hand-carving, and hand-finishing pieces,” she continued. “We’re devoted to continuing our founder’s legacy, enabling our master artisans to express their creativity, and growing a culture that inspires perfection and excellence.”
Shreve & Co.’s new San Francisco flagship and the Harry Kotlar shop-in-shop boutique will have a grand opening on Dec. 14.
For more information visit HarryKotlar.com or Shreve.com.
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