Paramount Jewels placed the winning bid to buy certain assets of A. Jaffe, a maker of diamond engagement rings and the diamond-set map jewelry seen here.
New York—Here are five jewelry news stories from the week of July 16 that should not be missed.

1. Paramount Jewels To Buy A. Jaffe for $5.2M
Paramount Jewels is an affiliate of Paramount Gems/Parag Diamonds, the company that tried to buy A. Jaffe earlier this year.

2. Martin Rapaport vs. De Beers
Rapaport lambasted De Beers in his annual breakfast presentation in Las Vegas and has since publicly claimed the diamond company is destroying transparency in the trade. Editor-in-Chief Michelle Graff examines the genesis of his claims.

3. Pearls of Wisdom from the WJA Visionary Awards
Female leaders in the industry on women’s empowerment, creating a positive impact and advice for current and future leaders.

4. And the New Designer of the Year Award Goes To ...
Kathleen Sleigh, who created a mirror-centric line of fine jewelry she’s called Darsana.

5. All the Jewelry ‘Bachelorette’ Becca Has Worn
The current star of the popular reality show sports the likes of Mastoloni and Gabriel & Co.

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