MICHELE LAUNCH: Michele Watches is launching its first brand extension this week with a collection of fine jewelry. The 20-year-old Miami brand said Monday that the line consists of rings, earrings, bracelets, charms, necklaces and pendants in 18-karat gold and precious stones such as lemon citrine, blue topaz, amethyst, sapphire and diamond. The collection, with retail prices ranging from $250 to $8,000, is being sold exclusively at Neiman Marcus, and began selling this week at its doors in Boca Raton, Fla.; Houston; Dallas; Fashion Island in Newport Beach, Calif., and the Mall at Short Hills in Short Hills, N.J. Fossil Inc. has owned Michele Watches since 2004.

This story first appeared in the March 7, 2006 issue of WWD. Subscribe Today.

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