The man, who has a criminal history, is suspected of being the fourth member of the four-man crew that carried out the heist.
The Next Generation Takes Over at Kirk Kara
Owner Kirk Karaguezian’s daughters, Angela Karaguezian Kassabian and Grace Karaguezian Terezian, are the first women to helm the family-owned bridal brand.

Los Angeles—Bridal brand Kirk Kara has announced the succession of the fourth generation to the company’s leadership, marking the first time that women have taken the helm at the company.
Angela Karaguezian Kassabian and Grace Karaguezian Terezian are now charged with leading the family-owned business. Their father, Kirk Karaguezian, will continue to work at the company, taking part in trunk show appearances, quality control and mentoring his daughters in leadership, design and business knowledge.
The sisters grew up immersed in the family business and often spent their time dreaming up and sketching their own engagement ring designs. They joined the company officially once they graduated from college, when they renamed the business from “Something Special” to “Kirk Kara,” after their father.
The business was originally founded in 1890 in Armenia by Karaguezian’s grandfather, who was eventually killed in the Armenian genocide. Karaguezian’s father, Artin, managed to escape to Lebanon. There the family endured two civil wars.
Karaguezian immigrated to Los Angeles in the 1980s with his wife and daughters, where they continued the family business.
During Kassabian and Terezian’s years working under their father, they learned the importance of maintaining the business’s century-old legacy; every Kirk Kara design is still created by members of the family and handcrafted by master jewelers.
According to the company, Kassabian brings a chic, fashionable perspective to its designs, while Terezian’s style is more suited to the natural and ethereal.
Between them, there is an engagement ring for every bride.
“We are inspired to design together as sisters, with our individual styles bringing a variety of design options to brides,” Kassabian explained. “We each got married within the last two to five years, so we are really connected to the market, and we know what women want.”
“We are born into this talent, and it’s our duty to offer our gift to the next generation of women getting married,” Terezian added. “Engagement rings represent such an important and symbolic part of life, so for us, designing them is our way of giving back.”
Editor’s Note: This story was updated on June 13, 2018, to reflect that Kirk Karaguezian is not retiring from the company, as was erroneously stated.
The Latest

The single-owner collection includes one of the largest offerings of Verdura jewels ever to appear at auction, said Christie’s.

Michael Helfer has taken the reins, bringing together two historic Chicago jewelry names.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

During its Q3 call, CEO Efraim Grinberg discussed the deal to lower tariffs on Swiss-made watches, watch market trends, and more.


Rosior’s high jewelry cocktail ring with orange sapphires and green diamonds is the perfect Thanksgiving accessory.

The “Embrace Your True Colors” campaign features jewels with a vibrant color palette and poetry by Grammy-nominated artist Aja Monet.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

The company gave awards to four students at the Namibia University of Science & Technology, including one who is a Grandview Klein employee.

She is remembered as an artist who loved her craft and was devoted to her faith, her friends, and her family.

It joins the company’s other manufacturing facilities globally, including in India, Botswana, and Namibia.

The polka dot pattern transcends time and has re-emerged as a trend in jewelry through round-shaped gemstones.

Vanessa Hickman, 49, allegedly sold a diamond bracelet that was mistakenly sent to her home.

GIA’s former president and CEO was presented with the Richard T. Liddicoat Award for Distinguished Achievement.

Social media experts spoke about protecting brand reputation through behaving mindfully online.

In 2026, the three will come together as “House of Brands,” with Gallet sold in Breitling stores and Universal Genève sold separately.

The second drop, which includes more Elphaba-inspired pieces from additional designers, will continue to benefit nonprofit Dreams of Hope.

Second-generation jeweler Sean Dunn has taken on the role.

Amber Pepper’s main focus will be on digital innovation and engaging younger consumers.

Called “Origin by De Beers Group,” the loose, polished diamonds are being sold in a total of 30 stores in the United States and Canada.

The lariat necklace features a 4.88-carat oval-cut Zambian emerald in 18-karat yellow gold.

A 43-carat sapphire brooch from the Vanderbilt collection was the top lot of the Geneva sale.

Rau is a fourth-generation art and antique dealer from M.S. Rau gallery whose first jewelry collection merges artifacts with modern design.

Former De Beers sustainability leader Purvi Shah will take over the role in February 2026.

La Joux-Perret is based in La Chaux-de-Fonds, Switzerland, and makes solar quartz as well as mechanical watch movements.

She previously taught at Gem-A and is the founder of The Gem Academy.

The British actress and her daughter modeled pieces from the brand’s new “Palette” capsule for its “Once Upon a Time” holiday campaign.






















