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This Engagement Ring Style Became Way More Popular Because of Meghan Markle

The look has ‘been on a stratospheric rise.’

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Meghan Markle’s yellow gold trilogy ring has pushed the trilogy style to new heights of popularity, a London-based custom jeweler says.

Such rings “have been on a stratospheric rise in popularity since the engagement and the subsequent marriage of Meghan Markle to Prince Harry,” Nikolay Piriankov, founder of the company, told Business Insider.

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Prince Harry designed Markle’s ring himself. It features a central diamond from Botswana and two smaller diamonds that belonged to Princess Diana.

The most common look for a trilogy ring has been three stones of the same shape.

But Markle’s ring features “an elongated cushion diamond flanked by round diamonds,” Business Insider notes.

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And that’s inspiring other designers to take the trilogy style beyond its traditional limits with new shape combinations.

Piriankov told Business Insider, “Steeped in sentiment and elevated by a royal, trilogy engagement ring styles are concurrently classic and bold.”

Read more at the Business Insider



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Jeweler Sentenced for Theft, Ordered to Pay $85,000 in Restitution

He’ll have to serve 4 years of probation.

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A Colorado jeweler who was accused with stealing gold, jewelry and money from customers has been ordered to pay restitution and serve a probationary sentence.

David Kushnir, who operated D & D Jewelers in Thornton, pleaded guilty to theft, KMGH-TV reports. He was accused of stealing from nine customers, according to the news outlet.

The court ordered Kushnir to pay about $85,000 in restitution and serve four years of economic crime supervised probation.

In January, authorities accused Kushnir of defrauding customers after they brought their diamonds, watches and other jewelry to him for repair or consignment sale at his business. It was also alleged that he sold fake diamonds to three victims.

The Sentinel newspaper reported in January that in one case, he was accused of removing a movement piece worth $40,000 from a Rolex watch he was asked to repair and then substituting “a Chinese piece.”

Read more at KMGH-TV

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Pandora to Buy Back $75M in Jewelry from Retailers

The effort is part of a broader restructuring program.

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Pandora plans to buy back about $75 million in jewelry from retailers.

The idea is to help retailers avoid holding onto stock for too long, Rapaport News reports.

The repurchased inventory will be smelted, with new jewelry to be made from the material.

Rapaport reports that the program will be rolled out in “select global markets.”

The effort is part of a broader Pandora restructuring program expected to cost the company over $224 million.

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The plan comes as Pandora prepares for a brand relaunch that will kick off Aug. 28 in Los Angeles.

At the event, the company “will reveal its new company purpose, brand expression and visual identity, and show the Autumn 2019 collection.”

Read more at Rapaport News

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Online Costume Jewelry Retailer Ventures Into Gold and Diamonds

Prices range from $55 to nearly $1,000.

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BaubleBar, known for selling trendy costume jewelry online, is entering the world of gold and diamonds.

Its collection, launching Aug. 14, consists of rings and earrings, WWD reports. The jewelry will be sold online and will include “streamlined hoop and stud shapes for earrings and simple, embellished bands for rings.”

The news site added: “Some more directional earrings take the shape of letters or safety pins.”

Prices range from $55 to nearly $1,000.

Daniella Yacobovsky-Fiala, co-founder of BaubleBar, said the company is responding to demand.

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“Since the beginning, the voice of our customer has led our product evolution,” she said.

BaubleBar began dabbling in fine jewelry in October 2017, when it rolled out its Everyday Fine collection. The line consisted of 18K gold-plated sterling silver pieces selling for under $100.

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