South Florida's newest jewelry exchange challenges the conventional wisdom that fine jewelry is expensive and bargains are found only in stripped-down stores.

Harry Winston’s father opened a jewelry store in downtown Los Angeles in 1911. Harry Winston himself opened his first salon at the Beverly Hills Hotel in 1986. So it’s only fitting that Ronald Winston, the next in line, has opened up the company’s West Coast flagship salon right across the street at 310 N. Rodeo Drive.

Former Nottingham (United Kingdom) jeweler Edward Poyser has launched a business to meet the growing demand for diamond buying on the Internet.

As expansion plans unfold, Suashish Diamonds Ltd., of Mumbai, anticipates building some 40 outlets across India, the company told the Business Standard. The company continues to build upon the success of its Ishi brand of jewelry, and plans the bulk of new stores for Kolkata, Jamshedpur, Guwahati, Bhubaneshwar, and Ranchi.

Tiffany & Co., looking to widen its international customer base, launched a Canadian e-commerce web site. It is following in the footsteps of other e-tailers that established their local presence by creating local sites, sometimes identical to the original one.