The week started on a sad note, as the industry continued to react and reflect on the news that designer and pioneer Scott Kay died of a heart attack Dec. 4. His family released a statement that it would “forge on” as he would’ve wanted, and his eponymous business re-opened Monday.

Big stones also topped the news, as Gemfields announced the sale of its 40.23-carat “Rhino” ruby and lab-grown diamond company Pure Grown reported the creation of a 3.04-carat colorless diamond.

Meanwhile, the record-setting sale of a Cartier “Tutti Frutti” bracelet during Sotheby’s most recent auction in New York pushed the company’s 2014 jewelry sales total to new heights.

See the week that was, in photos.

Get the Daily News >
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.