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5 Jewelry News Stories You Might Have Missed
Last week, we looked ahead to the holiday season and said goodbye to a brilliant, beloved merchant.

New York—Here are five stories from the week of Oct. 1 that are worth reading.
1. Millennials Expected to Spend the Most This Holiday Season
And retailers’ inclusion and diversity practices will play a role in their purchasing decisions, according to a recent Accenture survey.
2. Carolyn Kelly, Beloved Member of the Industry, Dies at 60
A native New Yorker who worked in jewelry for more than 40 years, Kelly passed away Tuesday following a battle with cancer.
3. Lawyer at Center of Overgrading Cases Has License Suspended
The Tennessee Board of Professional Responsibility has temporarily suspended Brian Manookian from practicing law in the state.
4. Cartier Takes Saks to Court
The legal dispute stems from a disagreement over the jeweler’s location during the renovation of the Saks Fifth Avenue flagship in New York.
5. This 5-Carat Pink Diamond Set a Per-Carat Auction Record
It sold for $2.9 million, or $583,551 per carat, at the Bonhams London’s Fine Jewellery auction Sept. 26.
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