The closure is part of a global restructuring that also includes PGI winding down its operations in Japan, South Korea, and Hong Kong.
The Very Best of the Grammy’s Jewels
From a major Beyonce moment to classic men’s jewelry, here are the most interesting looks from the music awards show.

New York--This year, the Grammy Awards took place in New York City, and the sometimes-wacky looks seen on the red carpet for the music awards show took a turn for the sophisticated.
The biggest night in music featured classic men’s jewelry, statement earrings and cool styling moments.
But the biggest jewelry moment of the awards went to music’s biggest star—Beyonce.
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Schwartz crafted these elaborate titanium and pear-shaped diamond earrings just for the music superstar’s Grammy look, and it was hands-down the most powerful look of the night.
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Lady Gaga also had a Lorraine Schwartz moment, but whereas Beyonce’s Schwartz jewels were the centerpiece of her outfit, Gaga’s earrings served to complement her overall look.
Her chandelier earrings, set with more than 300 carats of black diamonds, perfectly added drama to the singer’s black lace gown.
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She combined Kismet by Milka rose gold and white diamond huggie hoop earrings and a rose gold and black diamond ring with a Spinelli Kilcollin ring style. And to secure the white rose—worn in solidarity with the Time’s Up movement—on the lapel of her suit, she creatively used a Kat Kim ear pin.
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Singer Camila Cabello accented her classic red ball gown with equally classic Bulgari jewels from the brand’s signature Serpenti collection.
Cabello wore statement chandelier earrings along with a statement cuff and two rings, all in 18-karat white gold with white diamonds.
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It wasn’t only women who partook in the best jewelry of the evening.
Here, Donald Glover, the creator, writer and star of television show “Atlanta,” and rapper under the moniker Childish Gambino, sports a Tiffany & Co. T Chain bracelet in 18-karat yellow gold. He also wore a couple of the house’s rings in yellow gold, not pictured.
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Tiffany was also responsible for rapper and actor Common’s look.
Common opted for a classic timepiece, the Tiffany CT60 dual time 40mm watch in stainless steel, with a black leather band.
Look carefully and you might also be able to see his Tiffany shirt studs or impressive cufflinks, all in platinum with diamonds.
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Former reality star Kristin Cavallari opted not to wear her costume jewelry line at the Grammys, instead choosing these dramatic, cascading earrings from designer Leticia Linton.
Round brilliant-cut emeralds in varying shades and sizes sit alongside round brilliant white diamonds, all set in 18-karat white gold.
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Speaking of emeralds, singer Kesha was spotted in an enormous emerald and diamond ring by Narcisa Pheres. The emerald center stone weighs over 50 carats and the ring is valued at $250,000.
Among the star’s bold and eclectic mix of baubles was also a yellow gold and diamond double-finger ring from Robert Bravo, pictured above, and rose gold and natural diamond ring from L’Dezen by Payal Shah, which can be seen in the shot below.
We’d venture that the large turquoise ring is the star’s own.
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