with contributions from Ellen Sheng
 on November 10, 2011

Luxe jeweler Graff Diamonds is heading west.

Coming off the news that it plans to raise as much as $1 billion for an initial public offering in Hong Kong, Graff is opening its first California-based store today. The 2,500-square-foot store in San Francisco counts as Graff’s sixth stand-alone unit in the U.S., where the company also has seven shop-in-shops in Saks Fifth Avenue stores.

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