The high-end jewelry retailer was sold to private investment firm Middle West Partners and a group of longtime clients.

According to media reports, venture capitalist Carter Reum proposed to the celebrity entrepreneur and DJ last weekend on a trip celebrating her 40th birthday.
The great-granddaughter of Conrad Hilton, founder of Hilton Hotels, shared images and details of the proposal on her website and Instagram account.
Hilton noted the trip itself was a surprise from her betrothed. On a private island, surrounded by family, Reum presented Hilton with a ring from Los Angeles-based jeweler Jean Dousset.
The emerald-cut diamond was flanked by two smaller trapezoid diamonds and set in platinum, with several smaller diamonds accenting the setting.
On her website, Hilton wrote, “My love went above and beyond in every way. He tapped Jean Dousset, the great-great grandson of Louis-Francois Cartier, to design a breathtakingly beautiful ring that appears to be lit from within.”
Beyond his rich jewelry legacy, Dousset earned his stripes on Place Vendôme working under a number of jewelers, including Chaumet, Boucheron and Van Cleef & Arpels. The latter role took him to Beverly Hills, where he directed the company’s showroom opening.
In 2010, Dousset branched out on his own, opening his Los Angeles showroom and has since worked with brides like Amy Adams and Eva Longoria.
The emerald-cut ring he designed for Hilton is dubbed “The Paris,” and Hilton shared a behind-the-scenes peek of the bling’s rendering (see below).
It features subtle details that allude to great Parisian landmarks.
Various jewelry industry experts weighed in on the ring’s purported size and price, with James Allen’s Director of Communications Shannon Delany-Ron telling Page Six it “looks to be at least 10 carats, with a price point likely starting at around $1 million,” and Brilliant Earth’s SVP of Merchandising and Retail Expansion Kathryn Money estimating the same price, with the center stone weighing between 15 and 20 carats.
The engagement is Hilton’s fourth, and will be her first marriage. Last year, the heiress-turned-businesswoman experienced somewhat of a cultural renaissance, revealing her traumatic experiences as a teenager in a documentary titled, “This is Paris,” which aired on YouTube.
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Experience gemstones with greater precision and comfort than ever before.

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The “Island Jewel” candle honors New York City and Puerto Rico and raises money for the island’s water relief efforts.
The partnership will give JA members access to preferred pricing, exclusive benefits, technology solutions, education, and resources.

Submit your pieces for a chance to win in this year's competition.

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The charm, our Piece of the Week, features brown diamond frozen hot chocolate topped with white diamond whipped cream and a ruby straw.

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The watch company agreed to sell a 95 percent interest to a group comprised of F.P. Journe, Chanel, and Swiss watch exec Pierre Jacques.

This round of tariff refunds is for importers that have sued over IEEPA tariffs in the Court of International Trade and won.

It revisits the brand’s most requested silhouettes, from "Pillow"-set necklaces and bracelets to "Signature"-set rings and earrings.

The trade-only event includes buying opportunities as well as educational sessions on artisanal mining, the new Paraíba source, and more.

Ara Chanakian, a jeweler at Pattons, took home top honors in every category at Jewelers of Louisiana’s annual jewelry design competition.

The live charity benefit sale in Nashville will also feature gowns, boots, and other memorabilia from the country music legend.

Sponsored by Overnight Mountings

The supplier organization recently joined JA and JVC to have more input on political issues affecting the jewelry industry.

Blue Nile, a Signet Jewelers-owned brand, is now Royal Asscher’s exclusive licensed retailer in North America.

“Royal Oak” pays homage to the brand’s most popular watch model using 18-karat gold as well as diamonds, emeralds, and sapphires.

As part of the transition, Joseph Nicosia has stepped into the role of COO.

Participants now have until Oct. 14 to complete their submissions.

The alleged thieves used crow bars and sledgehammers to smash into jewelry stores across the state.

Ahead of the holidays, Smith urges jewelers to take a hard look at who’s buying jewelry, what they’re purchasing, and who’s stopped buying.

In the new consumer-facing campaign, four fashion and lifestyle creators share the stories behind their natural diamond pieces.

FGI President John Orrico is also leaving the company after more than 13 years.























