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Week in Photos--December 7, 2014
The week started on a sad note, as the industry continued to react and reflect on the news that designer and pioneer Scott Kay died of a heart attack Dec. 4.
Scott Kay Inc. closed for business on Friday after the brand’s namesake designer died of a heart attack. The company opened again on Monday, with the Kay family saying that they would “forge on” as Kay would’ve wanted, even as the industry continued to reflect on the life and impact of the designer. Read more here.
The week started on a sad note, as the industry continued to react and reflect on the news that designer and pioneer Scott Kay died of a heart attack Dec. 4. His family released a statement that it would “forge on” as he would’ve wanted, and his eponymous business re-opened Monday.
Big stones also topped the news, as Gemfields announced the sale of its 40.23-carat “Rhino” ruby and lab-grown diamond company Pure Grown reported the creation of a 3.04-carat colorless diamond.
Meanwhile, the record-setting sale of a Cartier “Tutti Frutti” bracelet during Sotheby’s most recent auction in New York pushed the company’s 2014 jewelry sales total to new heights.
See the week that was, in photos.
Scott Kay Inc. closed for business on Friday after the brand’s namesake designer died of a heart attack. The company opened again on Monday, with the Kay family saying that they would “forge on” as Kay would’ve wanted, even as the industry continued to reflect on the life and impact of the designer. Read more here.
Former Signet CEO Mike Barnes, who left the company in October to find a job closer to his family in Dallas, was named as president and CEO of specialty retail chain Francesca’s. In his three years with Signet, Barnes oversaw a number of initiatives, most notably of which was the company’s $1.46 billion acquisition of Zale Corp. Read more here.
Gemfields’ 40.23-carat “Rhino Ruby,” named as such for its size and characteristics, was sold during the company’s recent auction in Singapore for an undisclosed sum. The auction totaled a company record high $43.3 million. Read more here.
Pure Grown Diamonds, the company previously known as Gemesis, set another record in the creation of colorless diamonds when it announced it had grown this 3.04-carat diamond late last month. Read more here.
Sotheby’s most recent Magnificent Jewels sale in New York topped $44 million, pushing the company’s total jewelry sales for the year to a new high. One of the top lots was this platinum Cartier “Tutti Frutti” bracelet with diamonds, which set a record price for the style when it sold for $2.2 million. Read more here.
The Evergreen Museum & Library at Johns Hopkins
University will honor Repoussé Jewelry designer Michael Izrael Galmer with an
exhibit that will feature more than 30 decorative pieces and sculptures created
by Galmer over the years.
The Women’s Jewelry Association’s Los Angeles chapter
recently held its holiday party on a private outdoor terrace at the new Spear
Steak & Seafood House in downtown L.A. Sponsored by Jewelers Mutual
Insurance Company, the event was festive holiday sweater themed and included
prizes.
After opening a number of new stores in recent month, Detroit-based watch and leather goods company Shinola plans to open as many as six standalone boutiques in 2015, the company’s CEO told National Jeweler. Read more here.
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