WINSTON WEST: Harry Winston will open a 1,500-square-foot boutique at South Coast Plaza in Costa Mesa, Calif., in the first quarter of next year, joining David Yurman, Cartier and Tiffany & Co. in the luxury shopping center. "It's an amazing brand," said Deborah Gun Downing, executive director of marketing for the mall. "It belongs here."

HANDS OF TIME: Swiss watchmaker Parmigiani recently unveiled the female model to its hit Kalpagraph collection. The Diamond Kalpagraph, a feminine twist on the existing men's piece, comes in the form of 154 brilliant cut diamonds, totaling more than five carats.

Retailing at $51,000, the watch features a palladium case, lilac dial and white Hermès alligator strap, and, as with all models in the handcrafted Kalpagraph collection, the new diamond version houses the first chronograph movement manufactured by Parmigiani, the Calibre PF 334. An additional Diamond Kalpagraph model, for either a man or woman, also comes in rose gold with a chocolate brown dial and an Hermès alligator strap.

A NEW HUE: Hue opened its first freestanding store, Hue Studio, in Charlotte, N.C., last week. The 2,200-square-foot retail space brings together all of Hue's fashionable legwear, intimates and accessories, from footless fishnets to stylish sleepwear. The store also will carry loungewear, footwear, streetwear (leggings and skirts), handbags, jewelry, eyewear and hair accessories, some of which are a first for Hue. "We're taking the Hue brand and have been given an opportunity to extend it into different categories recently," said Kevin Toomey, president and ceo of Kayser-Roth, which owns Hue. "The store gives us a chance to evaluate how we'll do in other categories before we expand them into other retail areas."

PEARLS OF WISDOM: Mikimoto has a new grading system for South Sea cultured pearl collections, the rarest and most luxurious pearls in the world. The South Sea grading system is based primarily on the luster and surface perfection of each pearl.

Letter A grades make up the new system, ranging from A to AAA. AAA South Sea cultured pearls equal perfection, while some grades also contain a number 1 for a blemished surface."For 33 years, Mikimoto has been a leader in the grading of fine Japanese Akoya cultured pearls," president and chief executive officer Mitsuhiro Mitsui said in a statement. "By defining the grades of our South Sea cultured pearls, we will be able to provide qualitative information about each white, black and golden South Sea cultured pearl we sell. This grading system is an assurance to our customers that they are buying the finest South Sea cultured pearls."

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