A recent survey from Accenture showed that millennials will outspend baby boomers this holiday season, and that the demographic doesn’t hesitate to put its money where its politics are.
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.

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.