The closure is part of a global restructuring that also includes PGI winding down its operations in Japan, South Korea, and Hong Kong.
Cartier Descendant Launches a Lab-Grown Diamond Line
Oui by Jean Dousset promises consumers better prices for bigger stones.

The great-great-grandson of Cartier founder Louis-François Cartier, Dousset learned the traditions of Paris’ most esteemed high jewelers on Place Vendôme, working for Chaumet, Boucheron, and Van Cleef & Arpels.
His role with the latter jeweler brought him to Beverly Hills to open a company showroom.
In Los Angeles, he decided to make a name for himself, creating his own brand and specializing in custom pieces for private clients, gaining notoriety for his engagement rings for the who’s who of Hollywood.
Dousset is the man behind both Amy Adams’ and Eva Longoria’s engagement rings, and recently, Paris Hilton’s.
However, Dousset is also interested in what the more typical bride wants.
Last summer, he launched Oui by Jean Dousset, a line of engagement rings focused on offering consumer-friendly price points.
He became even more aware of bridal shopper pain points this year, when he conducted a survey among 400 of his email subscribers. Forty-eight percent said their ideal engagement ring center diamond carat weight is between 2 and 4 carats, while 49 percent said their budget was under $10,000.
More than half of respondents said they would consider a lab-grown diamond purchase.
With that, Oui by Jean Dousset has pivoted to the lab-grown diamond market.
“As the technology and quality of lab-grown diamonds has vastly improved, and I saw how important lab diamonds were becoming for consumers, I realized it could be the solution to the problem I was trying to solve with Oui in the first place,” Dousset said.
“The goal of Oui has always been to make high-quality jewelry more accessible.”
Available exclusively at Oui.JeanDousset.com, customers can build the engagement ring of their choice, choosing the setting, metal, and GIA-graded lab-grown diamond from an ever-changing current selection of stones.
Diamonds weigh between 1 and 4 carats, with a 1-carat diamond engagement ring starting at $4,200.
For comparison, a Jean Dousset 1-carat natural diamond engagement ring starts at $8,500.
Oui by Jean Dousset is a direct-to-consumer brand, operating without a wholesale markup, per the company website.
In addition to lab-grown diamond engagement rings, it also offers lab-grown diamond earrings and lab-grown diamond necklaces.
Dousset will continue to sell his natural diamond designs and custom creations under the Jean Dousset label.
The Latest

The ring, our Piece of the Week, was designed by eight-year breast cancer survivor Rachel Chalchinsky of Color Source Gems.

The website offers enhanced member benefit access, industry directories, educational resources, a job board, and access to the MJSA Journal.

A Diamond Is Forever's holiday campaign reimagines natural diamond icons for a new generation celebrating individuality.

Boucheron and Pomellato had a strong third quarter, with Kering looking at jewelry as an increasingly important part of its portfolio.


Tara Sinchuri was the owner of Everest Jewels in Fairfield, Ohio, and a father of three. He was found dead in his store on Tuesday.

Bespoke experiences from Buccellati and Verdura are on the retailer’s 2026 “Fantasy Gifts” list.

Built on Relationships. Refined by Craft.

The number of participants at the fall show was up 12 percent.

The Academy and Grammy award-winning siblings have collaborated with John Hardy on a new jewelry line inspired by their personal style.

Diana Singer shared the stories of two “cursed” diamonds on this month’s podcast, which was inexplicably riddled with technical issues.

The family-owned jeweler has three locations across Missouri and Iowa.

The De Beers-owned diamond mine in South Africa is being put on ice as part of a round of previously announced cost-cutting measures.

The collection centers designs with clean geometric lines, chunky sculptural pieces, and recognizable details from the luxury fashion brand.

The miner said it saw particularly strong prices for larger, fine-quality rubies at the sale.

The guard opened fire on a man who was smashing a jewelry display case at La Gran Plaza in Fort Worth last week, police said.

The Texas jeweler added 2,000 square feet to its reimagined showroom, complete with a new design studio and an event space.

Jacob & Co.'s diamond masterpiece is the most expensive Fantasy Bra ever worn on the Victoria’s Secret Fashion Show runway.

The “Atelier” collection was inspired by the tools, rituals, and objects in an artist’s studio as a quiet rebuttal to an automated world.

The pending acquisition is an “exciting opportunity” for wedding vendors to grow their business, said The Knot Worldwide’s CEO.

"The Secret Gems" features eight Thai jewelry brands paired with a team of young craftspeople who create jewelry together to win challenges.

The brand’s “Modern Talisman” capsule collection introduces pendants inspired by the mythology, natural world, and spiritual ethos of Bali.

Independent jewelers from New Mexico to New Jersey answer the question: What has kept your store in business for 100 years?

The NRF is expecting holiday sales to increase this year, but consumers and retailers alike are facing Grinch-like headwinds.

Our Piece of the Week gathers the planets, represented by a variety of colored gemstones, in a pair of 14-karat yellow gold earrings.

The New York-based jeweler is moving its Amherst flagship store to a larger location in nearby Snyder.

Chen, who worked at Cartier and Tiffany & Co., will lead retail sales and operations for the luxury jeweler’s 11 U.S. stores.






















