WEEKEND INSPIRATION: LEOPARD PRINT COAT + HOME DECOR

LE FASHION BLOG WEEKEND INSPIRATION EASY GO TO LOOK EMERSON FRY LEOPARD COAT BLACK SKINNY JEANS CLASSIC PUMPS BLOND EFFORTLESS WAVY HAIR  HOME DECOR INSPIRATION IKAT TRIBAL PRINT RUG TUFTED WHITE LEATHER BENCH CHAIR photo LEFASHIONBLOGWEEKENDINSPIRATIONEMERSONFRYLEOPARDCOATPRINTRUG.jpg
Photo via: Emerson Fry

Leopard print coat, skinny jeans and black pumps, plus some chic home decor inspiration? Yes, please! This look is an easy go-to to keep in mind... Just add a simple tee or button-down.

NEUTRALS + WINTER WHITE

LE FASHION BLOG NEUTRALS AND WHITE ANIA B BLOGGER STYLE TAN BEIGE MINIMAL COAT GREY GRAY HM ISABEL MARANT CHIC SWEATSHIRT RELAXED SKINNY CUFFED WHITE JEANS ALEXANDER WANG BLACK FLATS PATENT LOAFERS LEATHER BOX CLUTCH photo LEFASHIONBLOGNEUTRALSANDWHITEANIAB.jpg
Photo via: Ania B.

Great neutral and white look on Ania. With it being winter on my side of the world, I think my first instinct would have been to go for a pair of black skinny jeans, but the white jeans truly make the look. It's time for me to break out of my 'no white during winter' mindset!

Get the look...

OPEN CLOSETS | PART 2

LE FASHION BLOG HOME DECOR IDEAS OPEN CLOSETS PART 2 FASHIONABLE HOME INSPIRATION CLOTHES ON DISPLAY  EXPOSED BRICK MINIMAL CLASSIC BLACK NUDE WHITE LOOKS TAN ANKLE BOOTS TAN LEATHER SUITCASE PORTFOLIO BAG BLACK WARDROBE CLOTHES RACK VIA STADSHEM 1 photo LEFASHIONBLOGOPENCLOSETSPART2VIASTADSHEM1.jpg
LE FASHION BLOG OPEN CLOSETS PART 2 HOME DECOR IDEAS FASHIONABLE HOME INSPIRATION CLOTHES ON DISPLAY WHITE CLEAN CLOTHES RACK SHELVES LEATHER MOTO NIKE AIRMAX SNEAKERS TRAINERS KICKS BLACK ANKLE BOOTS LEOPARD PRINT BUTTON DOWN SHIRT JACKET SWEDISH INTERIOR DESIGNER ELIN KICKEN VIA OLLIE SEBS HAUS 2 photo LEFASHIONBLOGOPENCLOSETSPART2LEATHERJACKETELINKICKENVIAOLLIESEBSHAUS2.jpg
LE FASHION BLOG OPEN CLOSETS PART 2 HOME DECOR IDEAS FASHIONABLE HOME INSPIRATION CLOTHES ON DISPLAY BRIGHT YELLOW FRAMED FLOOR MIRROR SIMPLE METAL CLOTHES RACK SHOES LINED AGAINST WALL PALE WOOD FLOORS VIA PETER KRAGBELLE 3 photo LEFASHIONBLOGOPENCLOSETSPART2YELLOWMIRRORVIAPETERKRAGBELLE3.jpg
LE FASHION BLOG OPEN CLOSETS PART 2 HOME DECOR IDEAS FASHIONABLE HOME INSPIRATION CLOTHES ON DISPLAY LAYERED STACKED FRAMED FLOOR MIRRORS WHITE WOOD FLOORS HEELS SHOES LEOPARD BOOTS SIMPLE BLACK CLOTHES RACK TIERED GREY EVENING COCKTAIL PROM DRESS VIA IKEA 4 photo LEFASHIONBLOGOPENCLOSETSPART2LAYEREDMIRRORSVIAIKEA4.jpg
Photos via: Stadshem | Ollie & Seb's Haus | Peter Kragballe | Ikea

As you guys may remember from this post, I am smitten with open closets. Perfect for displaying some of your wardrobe favorites and integrating fashion into your home decor.

Get the look...

PASTEL WINTER | PINK COAT + DENIM

LE FASHION BLOG EDITORIAL CELINE PEACH PINK COAT ACNE JEANS HIGH WAIST VINTAGE DENIM ELISE DRAY CHUNKY BLACK EARRINGS SIDE PART WAVY HAIR Model: Svetlana Zakharova  MADAME AIR FRANCE Allure D'Hiver Photographer: Pierre Even at So Represent Stylist: France De Jerphanion Hair: Leslie Thibaud at Airport Agency Make-up: Akiko Sakamoto photo LEFASHIONBLOGEDITORIALPEACHPINKCOATDENIMMADAMEAIRFRANCE.png
Photo via: Madame Air France

One of my favorite editorial shots lately. Model Svetlana Zakharova is stunning in an oversized pastel Céline coat and Acne jeans. The side part and chunky earrings complete the look.

Get the look...

STREET STYLE: HOLLI ROGERS | COZY COOL KNIT + SKIRT

LE FASHION BLOG STREET STYLE NET A PORTER FASHION HOLLI ROGERS COZY COOL PARIS FASHION WEEK CAT EYE SUNGLASSES CABLE KNIT GREY SWEATER WHITE AND BLACK ZIP CLUTCH BLACK SHEER MIDI SKIRT STRAPPY HEELS PUMPS photo LEFASHIONBLOGSTREETSTYLEHOLLIROGERSCOZYCOOLKNITSKIRT.jpeg
Photo via: Stockholm StreetStyle

Net-A-Porter's Holli Rogers in one of my favorite looks from Paris Fashion Week. The cable knit sweater keeps it cozy, while the cat-eye sunglasses, skirt and strappy heels give a cool edge.

Get the look...

GOLDEN EYE | LAST MINUTE NEW YEAR'S EVE BEAUTY INSPIRATION

LE FASHION BLOG GOLDEN EYE LAST MINUTUE NEW YEARS EVE BEAUTY INSPIRATION CARA DELEVINGNE VIA ELLE CHINA 2 photo LEFASHIONBLOGGOLDENEYELASTMINUTUENEWYEARSEVEBEAUTYINSPIRATIONCARADELEVINGNEVIAELLECHINA2.jpg
 photo LEFASHIONBLOGGOLDENEYELASTMINUTUENEWYEARSEVEBEAUTYINSPIRATIONJASONWUVIAGARANCEDORE1n.jpg
Photos via: ELLE China | Garance Doré

An easy last minute beauty idea for New Year's eve... Head to a pharmacy or local Sephora and pick up a shimmery gold eyeshadow for a subtle touch of sparkle. This would go great with a burgundy lipstick and just a hint of mascara. If you want go for a bolder eye, add eyeliner, layer on more mascara and keep the lips bare/nude.

COLOR BLOCK COAT CRUSH

LE FASHION BLOG COLOR BLOCK COAT CAMEL AND PINK COAT WHITE BUTTON DOWN SHIRT CUFFED CROPPED BLACK PANTS TROUSERS FRU CLUTCH BAG CHAIN LOAFERS CLASSIC WITH A COLOR TWIST ASOS 1 photo LEFASHIONBLOGCOLORBLOCKCOATCAMELANDPINK1.jpg
LE FASHION BLOG COLOR BLOCK COAT CAMEL AND PINK COAT WHITE BUTTON DOWN SHIRT CUFFED CROPPED BLACK PANTS TROUSERS FRU CLUTCH BAG CHAIN LOAFERS CLASSIC WITH A COLOR TWIST ASOS 2 photo LEFASHIONBLOGCOLORBLOCKCOATCAMELANDPINK2.jpg

Crushing on this camel and pink color block coat- a classic cut with a fun color twist.

Get the look...

AIRPORT LOOK: LILY ALDRIDGE | CHAMBRAY + LEATHER

LE FASHION BLOG AIRPORT LOOK LILY ALDRIDGE CHAMBRAY SHIRT LEATHER PANTS VICTORIAS SECRET MODEL OFF DUTY BLACK HAT FRESH FACED BEAUTY OVERSIZED DENIM BUTTON DOWN SHIRT LAYERED CHAIN NECKLACE LEATHER STRAP BRACELET LEATHER PANTS GIVENCHY SHINY PATENT ANTIGONA BAG CHLOE SUSANNA STUDDED ANKLE BOOTS GET THE LOOK LAX AIRPORT 1 photo LEFASHIONBLOGAIRPORTLOOKLILYALDRIDGECHAMBRAYSHIRTLEATHERPANTS1.jpg
LE FASHION BLOG AIRPORT LOOK LILY ALDRIDGE CHAMBRAY SHIRT LEATHER PANTS VICTORIAS SECRET MODEL OFF DUTY BLACK HAT FRESH FACED BEAUTY OVERSIZED DENIM BUTTON DOWN SHIRT LAYERED CHAIN NECKLACE LEATHER STRAP BRACELET LEATHER PANTS GIVENCHY SHINY PATENT ANTIGONA BAG CHLOE SUSANNA STUDDED ANKLE BOOTS GET THE LOOK LAX AIRPORT 2 photo LEFASHIONBLOGAIRPORTLOOKLILYALDRIDGECHAMBRAYSHIRTLEATHERPANTS2.jpg
LE FASHION BLOG AIRPORT LOOK LILY ALDRIDGE CHAMBRAY SHIRT LEATHER PANTS VICTORIAS SECRET MODEL OFF DUTY BLACK HAT FRESH FACED BEAUTY OVERSIZED DENIM BUTTON DOWN SHIRT LAYERED CHAIN NECKLACE LEATHER STRAP BRACELET LEATHER PANTS GIVENCHY SHINY PATENT ANTIGONA BAG CHLOE SUSANNA STUDDED ANKLE BOOTS GET THE LOOK LAX AIRPORT 3 photo LEFASHIONBLOGAIRPORTLOOKLILYALDRIDGECHAMBRAYSHIRTLEATHERPANTS3.jpg
Photos via: Zimbio

My favorite airport look is one that's comfy, but still stylish. Model Lily Aldridge got this just right while at LAX airport in an oversized chambray button-down shirt, Givenchy bag, leather pants and Chloé studded boots. Now if only I could look that beautiful with a fresh face!

Get the look...

Fire Destroys Swatch Group ETA Workshop

The Valjoux 7750 or ETA 7750 is a widely used chronograph movement.  Photo credit: Wikipedia

A Sunday morning fire completely destroyed the Swatch Group's ETA workshop in Grenchen, Switzerland, the company said in a statement. No one was harmed as the facility was not in operation. 

The fire broke out at approximately 8:45 a.m. at the galvanic department of the main building and was under control at 9:30 a.m., Swatch Group said. The fire did not spread to other buildings in the complex, which contain other Swatch Group watch production subsidiaries.

"Thanks to the swift and efficient intervention of the ETA-internal fireworkers and the fireworkers of the town of Grenchen, the fire could not expand to the neighboring workshops," Swatch Group said in its statement.

The reason for the fire is not yet known, Swatch Group said, adding that it's too early to place a price tag on the damage. Company officials did not say how this will impact production. Local police informed nearby residents due to the heavy smoke. 

ETA is a subsidiary of Swatch Group. It designs and manufactures mechanical and automatic watches and watch movements. It is best known as the supplier of the overwhelming majority of movements found in Swiss watches.

Swatch Group Ltd., Biel, Switzerland, designs, manufactures, distributes and sells finished watches, watch movements, watch components, electronic systems and jewelry.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes website.


TAKE IT EASY

LE FASHION BLOG EASY LOOK ROUND TORT SUNGLASSES BULLET NECKLACE BOYFRIEND BLAZER JACKET HEATHER GREY GRAY TEE TSHIRT EFFORTLESS BLOND HAIR CLASSIC INSPIRATION VIA VOO STORE photo LEFASHIONBLOGEASYLOOKTORTSUNGLASSESBULLETNECKLACEVIAVOOSTORE.jpg
Photo via: Voo Store

This is a perfect easy chic look. Complete it with a cute skirt or distressed skinny jeans and a pair of ankle boots or heeled sandals. The effortless wavy hair, unfortunately, not included.

Get the look...

JE T'AIME

LE FASHION OUTFIT COLLAGE JE TAIME JANE SWEATER Bella Freud Je T'Aime Jane Wool Sweater SPOTTED ON ALEX CHUNG The Row Classic Cat Eye Sunglasses ASOS Stone Swing Earrings Rag Bone/JEAN Boyfriend Jeans Distressed Denim Mark Cross White Grace Small Box Bag NARS Guy Bourdin Cinematic Lipstick in Short Circuit Orange Red Lip Color Michael Kors Touch of Glitz Emery Watch Cartier inspired Tank watch Atlantic-Pacific Bauble Bar Collaboration Midi Solitaire Duo Schutz Slate Lace Up Booties Alaia Inspired Nude Lace Up Heels Sandals photo LEFASHIONOUTFITCOLLAGEJETAIMEJANESWEATER.jpg

1. Bella Freud Je T'Aime Jane Wool Sweater - Obsessed since seeing it on Alexa Chung.

2. The Row Classic Cat Eye Sunglasses - One of my favorite pairs out there.

3. ASOS Stone Swing Earrings - Great statement for around $10.

4. Rag & Bone/JEAN Boyfriend Jeans (also here) - Perfect BF jeans.

5. Mark Cross Grace Small Box Bag - Seriously wanting this bag in every color.

6. NARS 'Guy Bourdin Cinematic' Lipstick in Short Circuit - For a classic bright lip.

7. Michael Kors Touch of Glitz Emery Watch - Cartier inspired with a glam touch.

8. Atlantic-Pacific x Bauble Bar Midi Solitaire Duo - Blair was spot on with these rings.

9. Schutz Slate Lace Up Booties - Crushing on these... love the nude color.

3.1 PHILLIP LIM | HOLIDAY 2013 LOOKBOOK

LE FASHION BLOG 3.1 PHILLIP LIM HOLIDAY 2013 LOOKBOOK ORANGE TAN JACKET WITH WHITE LAPELS SHEER PANEL BLACK SHIRT BLOUSE WHITE CUT OUT PANTS STRAPPY BLACK HEELED SANDALS Quill Asymmetrical Sandals MINIMAL CLEAN  1 photo LEFASHIONBLOG31PHILLIPLIMHOLIDAY2013LOOKBOOKWHITECUTOUTPANTS1.jpg
LE FASHION BLOG 3.1 PHILLIP LIM HOLIDAY 2013 LOOKBOOK BLACK LEATHER JACKET WITH FRONT SIDE ZIPS ZIPPERS WHITE TUCKED IN TOP WIDE LEG WHITE PANTS TROUSERS MINIMAL LOOK MINIMAL CLEAN  2 photo LEFASHIONBLOG31PHILLIPLIMHOLIDAY2013LOOKBOOKBLACKLEATHERJACKET2.jpg
LE FASHION BLOG 3.1 PHILLIP LIM HOLIDAY 2013 LOOKBOOK EMBELLISHED SWEATSHIRT ROLLED SLEEVES  MATCHING GREY EMBELLISHED SKIRT CLUTCH BAG MINIMAL CLEAN  3 photo LEFASHIONBLOG31PHILLIPLIMHOLIDAY2013LOOKBOOKEMBELLISHEDSWEATSHIRTSKIRT3.jpg
LE FASHION BLOG 3.1 PHILLIP LIM HOLIDAY 2013 LOOKBOOK TAN LEATHER PANTS MINIMAL CLEAN  4 photo LEFASHIONBLOG31PHILLIPLIMHOLIDAY2013LOOKBOOKTANLEATHERPANTS4.jpg

How am I just now discovering the 3.1 Phillip Lim Holiday 2013 lookbook?! So many crush-worthy pieces- especially the zipper front leather jacket and white layered blazer.

More of my favorites...

Click below to see more of the lookbook...

LE FASHION BLOG 3.1 PHILLIP LIM HOLIDAY 2013 LOOKBOOK WHITE TEXTURED RABBIT FUR COAT LEATHER LAPELS METALLIC SHEER STRIPED SHIRT CROPPED BLACK PANT TROUSERS STRAPPY HEELS SANDALS Quill Asymmetrical Sandals MINIMAL CLEAN  5 photo LEFASHIONBLOG31PHILLIPLIMHOLIDAY2013LOOKBOOKWHITECOATLEATHERLAPELS5.jpg
LE FASHION BLOG 3.1 PHILLIP LIM HOLIDAY 2013 LOOKBOOK SHORT SLEEVE EMBELLISHED SWEATSHIRT ROLLED SLEEVES EMBELLISHED COLLAR WHITE CROSSFRONT TROUSERS PANTS WITH POCKETS STRAPPY BLACK HEELS Quill Asymmetrical Sandals MINIMAL CLEAN 6 photo LEFASHIONBLOG31PHILLIPLIMHOLIDAY2013LOOKBOOKSHORTSLEEVEEMBELLISHEDSWEATSHIRT6.jpg
LE FASHION BLOG 3.1 PHILLIP LIM HOLIDAY 2013 LOOKBOOK BLACK WHITE SLEEVELESS JACKET VEST BLACK WITH WHITE LAYERED LAPELS SHEER AND METALLIC STRIPED SHIRT PLEATED LEATHER SKIRT MINIMAL CLEAN 7 photo LEFASHIONBLOG31PHILLIPLIMHOLIDAY2013LOOKBOOKBLACKWHITESLEEVELESSJACKET7.jpg
LE FASHION BLOG 3.1 PHILLIP LIM HOLIDAY 2013 LOOKBOOK LAYERED LAPEL WHITE BLAZER JACKET COLORBLOCK BLACK AND WHITE LEATHER SHELLL TOP DENIM BOYFRIEND JEANS STRAPPY HEELS SANDALS Quill Asymmetrical Sandals MINIMAL CLEAN  8 photo LEFASHIONBLOG31PHILLIPLIMHOLIDAY2013LOOKBOOKLAYEREDWHITEBLAZER8.jpg
LE FASHION BLOG 3.1 PHILLIP LIM HOLIDAY 2013 LOOKBOOK EMBELLISHED SWEATSHIRT WHITE BUTTON UP JEWELED SWEATPANTS EMBELLISHED BLACK AND WHITE LOAFERS WHITE WOOL OVERSIZED COAT MINIMAL CLEAN 9 photo LEFASHIONBLOG31PHILLIPLIMHOLIDAY2013LOOKBOOKEMBELLISHEDSWEATSHIRTPANTSLOAFERS9.jpg

Shop more of the 3.1 Phillip Lim Holiday collection here and here.

Happy Holidays

 

Snowflake earrings from JAR. All the best for you and your loved ones this holiday season.

Former Tiffany Exec Sentenced To A year In Prison For Stealing $2M From Employer

Ingrid Lederhaas-Okun
In terms of news, it hasn't been a good holiday for Tiffany & Co. Over the weekend the luxury jeweler learned it lost its dispute with Swatch Group. Now, the latest high-profile mishap was the sentencing Monday of a former employee for the theft of 2.1 million in jewelry from the company’s Fifth Avenue headquarters building. 

Of course it's a much more difficult holiday for Ingrid Lederhaas-Okun, a former VP of design & product development at Tiffany & Co., who was sentence to a year and a day in prison in Manhattan federal court by U.S. District Judge Paul G. Gardephe. 

Lederhaas-Okun, 47, of Darien, Conn., pled guilty in July for the theft, which occurred over a four-month period. In addition to the prison term, she was sentenced to one year of supervised release, ordered to forfeit more than $2.1 million pay and more than $2.2 million in restitution.

Under her duties and responsibilities at Tiffany, Lederhaas-Okun had the authority to check out jewelry belonging to Tiffany for work-related reasons. Between November 2012 and February 2013, she admitted to checking out more than 165 pieces of jewelry with a retail value of more than $1.2 million, including diamond bracelets, platinum or gold diamond drop and hoop earrings, platinum diamond rings, and platinum and diamond pendants. She then sold some if not all of this jewelry for $1.3 million to another company in Manhattan, who the US Attorney’s office and the court haven’t named. It’s also unclear whether the company knew it was purchasing stolen jewelry. 

To conceal her theft, she repeatedly made false statements to Tiffany, according to court documents. For example, after her termination in February 2013, she told company representatives that she had only recently checked out the missing jewelry in anticipation of creating a PowerPoint presentation. However, the missing jewelry had been checked out months earlier, her supervisor was unaware of any such presentation being worked on by her and there was no presentation on her computer. In addition, she claimed the stolen jewelry could be found in a white envelope in her office, but a search of her office shortly after her departure did not yield any such envelope.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes website.

High Jewelry Collection Represents 400 Years Of Family Ownership

This complex, open-work necklace from the Medici collection required what the jewelers described as "new articulation systems" to ensure its beauty and comfort.

The Parisian high jewelry house, Mellerio dits Meller, has spent 2013 celebrating a landmark for longevity that is rarely, if ever, achievable. The luxury jeweler, whose client list over the centuries includes nearly all of European royalty, has been operating under the ownership of the same family for 400 years.

A gold corsage tops this brooch where emeralds and pearls move freely.

It is considered to be the oldest jeweler in the world and the oldest family-owned company in Europe. It has the original books and paperwork to back up those claims in its rich archives, which are kept in its 9 Rue de la Paix boutique and workshop.

The Medici diamond tiara.

The firm, now owned and operated by the 14th generation of the same family, specializes in hand-made jewelry, almost all of it created on premise. The company was founded by the Mellerio family in 1613 in the rural region of northern Italy that borders Switzerland. It was created because of an act of royalty. Specifically, Marie de’ Medici, Queen of France, granted special privileges to the Mellerio family by royal decree, which allowed the family firm to trade throughout much of Europe.

The same diamond tiara shows its versatility by converting into a necklace.

The family began trading in Versailles in 1777, where it attracted the patronage of its most famous client, Marie Antoinette. In 1796, the firm moved to Rue Vivienne, Versailles, retaining the patronage of the Empress Josephine. The firm then moved to Paris eventually settling at 9 Rue de la Paix.

Medici Lush emerald ring

The company opened a second shop in Madrid in 1850 to service the Spanish royal family, including Queen Isabella II. It has a long close relationship with the Dutch Royal Court. It also operates in Luxembourg and Japan.

Medici Lush eight-flower ring

To celebrate its milestone the company created a high jewelry collection named after its founding patron, Marie de’ Medici, which represents the grand history of the royal jeweler.

To create the Medici collection, the family looked into its past using its archives. They also invited well-known jewelry designer, Edéenne, a Canadian native who now works in Paris. She created modern interpretations of jewelry inspired by the old drawings.

The result is a collection of pieces inspired by nature that are sensual, complex and at the same time easy to wear. There are openwork pieces and items made with “grey” gold. There are pieces that are rough in texture, recreating an antique feel. And of course there’s a tiara. In this case one that converts into a necklace, which harkens back to 19th Century jewelry usage.

The company also released a book, in French, chronicling its history, Mellerio dits Meller: Joaillier des Reines, by Vincent Meylan, published by Éditions Télémaque.

I will be writing more about this remarkable company in the coming year.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes website.

STREET STYLE: VARSITY MINIMAL

LE FASHION BLOG PARIS STREET STYLE VARSITY MINIMAL BY VANESSA JACKMAN LOW BUN BLACK VARSITY JACKET WHITE SLEEVES BLACK CROP TOP HIGH WAIST WIDE LEG TROUSER PANTS OVERSIZED ZIP CLUTCH photo LEFASHIONBLOGPARISSTREETSTYLEVARSITYMINIMALBYVANESSAJACKMAN.jpg
Photo via: Vanessa Jackman

I've always liked varsity jackets, but felt like they looked 'too much' or too sporty on me. However, this minimal take from the streets of Paris is right up my alley. Check out more shots of this look over on photographer Vanessa Jackman's blog.

Get the look...

A ‘Shocked’ and ‘Disappointed’ Tiffany & Co. Ordered to Pay $450 Million to Swatch Group


A long, simmering dispute between two powerhouses in the luxury jewelry and watch world appears to have come to an end when a Dutch arbitration panel ordered Tiffany & Co. to pay 402 million Swiss francs ($450 million) to Swatch Group for breach of contract. In addition, a counter-claim by Tiffany & Co. was dismissed by the panel.

The dispute, which has been ongoing since 2011, was argued before the Netherlands Arbitration Institute, which provides a confidential way of resolving such disagreements. The result of the arbitration in Swatch’s favor was announced in a very brief statement by the watch company Sunday followed by a much longer statement filed with the Securities & Exchange Commission Monday morning by Tiffany. 

Tiffany cut its forecast for the year based on the ruling and it says it will continue to seek legal remedies.

“We were shocked and extremely disappointed with the decision of the majority of the arbitral panel,” said Michael J. Kowalski, Tiffany chairman and CEO, in the SEC statement. “We firmly believe the panel’s ruling is not supported by the facts of this case or the various agreements between the Swatch parties and the Tiffany parties. While we are reviewing our options with our legal counsel, I want to assure you that we do have sufficient financial resources to pay the full amount. We will record a charge for the after-tax impact of the award, which we estimate to be approximately $295 - 305 million, in the fourth quarter.”

In 2007, the two companies announced that they signed an agreement to produce and market watches under the Tiffany & Co. brand name. In September 2011, Swatch Group had terminated the collaboration for what it termed as a breach of contract and pressed claims for damages in December 2011 against Tiffany. In March 2012, Tiffany filed a counterclaim with the court of arbitration in charge.

The original agreement between the two parties was that Swatch Group—which produces, markets and sells watches under approximately 20 brands from the popular low-cost Swatch watch to the prestige and luxury brand, Breguet—was to design and produce watches under the Tiffany brand name. Those watches were to be sold through Tiffany stores around the world. Tiffany apparently didn’t think the watches created by Swatch fit their brand image. Swatch charged that Tiffany did little to market and sell those watches.

Tiffany noted in its statement that one of the three members of the arbitration panel issued a dissenting opinion and that the amount awarded reflects approximately 8.8 percent of the damages claimed by Swatch.

Tiffany, according to its statement, was also ordered to pay two-thirds of the cost of arbitration (approximately $800,000) and two-thirds of the cost of legal fees ($8.8 million).

 “We do not believe that the award will impact our ability to realize our existing business plans in the short or long term, and we are extremely pleased to be moving forward with our plans to design, produce, market and distribute our own Tiffany & Co. brand watches,” Kowalski said.

Kowalski said the payments will be made from cash on hand and funds available under its existing debt facilities. The company said that the charges associated with the award will reduce earnings per diluted share for the fiscal year ended January 31, 2014, to $2.30 - $2.35 from the guidance of $3.65 - $3.75, issued a month earlier.

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THE DARK + THE LIGHT

LE FASHION BLOG RINGS AND NAILS BLACK NAIL POLISH MANICURE INSPIRATION BACKSTAGE BEAUTY VALENTINO FW 2013 DELICATE YELLOW GOLD RINGS DAINTY RINGS BEADED RING HAMMERED TINY RING VIA ALLURE RUSSIA 2 photo LEFASHIONBLOGRINGSANDNAILSVALENTINOFW2013VIAALLURERUSSIA2.jpg
LE FASHION BLOG RINGS AND NAILS NUDE NAIL POLISH MANICURE INSPIRATION BACKSTAGE BEAUTY LEONARD FW 2013 CHUNKY THICK GUNMETAL BLACK SILVER STACKED RINGS ON EVERY FINGER BRASS RINGS MIDI RINGS KNUCKLE RINGS VIA ALLURE RUSSIA 1 photo LEFASHIONBLOGRINGSANDNAILSLEONARDFW2013VIAALLURERUSSIA1.jpg
Photo: Allure Russia

Super inspired by these two backstage beauty shots from Valentino and Léonard. Loving the juxtaposition of the nude nail polish with the stacked dark metal rings, as well as the mix of the black manicure with delicate simple rings. I have been a nude nail addict lately, but am thinking about giving black nails a try again- it's always been hard for me to switch to a darker color.

Get the look...

Emerald Expositions Acquires Owner of Antique Jewelry Fairs

The Las Vegas Antique Jewelry & Watch Show is one of the tradeshows being acquired. Photo credit: Anthony DeMarco

Tradeshow and exposition company, Emerald Expositions, Inc., has acquired George Little Management LLC for $335 million, according to a joint statement from the two companies.

GLM, based in White Plains, NY, owns and operates approximately 25 tradeshows and expositions in five markets, including seven luxury antique fairs. They are: Armory Antique Show, LA Antique Jewelry & Watch Show, Las Vegas Antique Jewelry & Watch Show, Miami Beach Antique Jewelry & Watch Show, Miami National Antique Show, New York Antique Jewelry & Watch Show, Pier Antique Show and The Original Miami Beach Antique Show. The company has approximately 130 employees and operates out of six U.S. offices.

Emerald Expositions, San Juan Capistrano, Calif., owned by a Toronto-based private equity firm, Onex Partners III, was formerly Nielsen Expositions (owned by Nielsen Holdings N.V.), which owns and operates 65 tradeshows and conferences in nine markets. Onex acquired Nielsen in June and changed its name Emerald Expositions. That acquisition included the jewelry tradeshows Couture Show in Las Vegas, JA New York, JA Special Delivery New York, and the online jewelry publication, National Jeweler.

The transaction is anticipated to close in January 2014, subject to customary regulatory approvals and other adjustments. The acquisition will be funded with approximately $200 million of debt and a $140 million equity investment from Onex Partners III. 

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes website.

Last Chance To Give A Special Holiday Jewelry Gift With These Items From De Beers and Alexandra Mor

De Beers Phenomena Glacier seven-row diamond bracelet

I’ve already written jewelry and watch gift guides for procrastinators. This is for you super procrastinators as we enter the final weekend before Christmas. I'm here to let you know there is still hope. These jewelry pieces from De Beers and designer Alexandra Mor would certainly make a loved one happy and keep you in good graces for 2014. 

De Beers Diamond Jewellers, the retail partnership between the mining giant and the luxury conglomerate LVMH, has ventured into the high jewelry category in a big way with its Phenomena collection.

The diamond and white gold jewelry collection is made up of five lines (“Crest,” “Frost,” “Glacier,” “Reef” and “Stream”) that provide differing artistic interpretations of water in its natural state. Each line consists of a full set of jewelry. These are one-of-kind pieces and in fact when I viewed the collection when it first arrived in mid-November one of the items was missing because it was sold. I was told a few others were under discussion.

The company describes the collection as a modern take on traditional jewelry. These are mostly large, complex and well-crafted pieces with extremely high-carat value made with combinations of exceptionally cut diamonds. Yet these pieces are sleek, streamlined and sophisticated highlighted by sensual curves throughout. The white on white palette adds to its modernity. Despite the size and weight of many of the pieces, they are easy to wear because of articulations in the metal that hug the skin.

The collection is available at the De Beers New York boutique until January 1.

Alexandra Mor cushion-cut lilac tanzanite and diamond ring

Jewelry designer Alexandra Mor has made quite a name for herself in a short time with her “demi-couture” brand of jewelry, which consists of limited editions, one-of-kind and custom-made pieces from her New York workshop. A couple of her signature characteristics include the use of large colored gemstones, “floating” diamond melee and knife-edge wire trim for her well crafted pieces.

Mor was one of a handful of international jewelry designers chosen to create a piece of jewelry for a bespoke jewelry collection curated by Gemfields (an emerald and amethyst mining and marketing company). The collection was unveiled in March. Two months earlier, she received the Fashion Group International Rising Star Award in the fine jewelry category.

For the holidays Mor has available a one-of-a-kind ring centered with a 25.78 carat cushion-cut lilac tanzanite surrounded with 3.67 carats of step-cut baguette diamonds, set with 0.90 carat 1mm “floating” diamond melee and knife-edged wire. The gems are platinum set on 18k yellow gold with Alexandra Mor logo gallery and signed by her.

Mor has assured me that the piece is available and can be shipped anywhere in the world before the holidays end. Contact the company directly at 888-944-2237; 212-921- 4391; or at contact@alexandramor.com

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