William Welstead launches a jewelry collection.
If William Welstead’s name rings a bell, you probably own a pashmina or two. The British designer was largely responsible for their popularity in the late ’90s, having discovered the shawls while traveling in Kathmandu and selling them to magazine editors back home in London. “I’m not a fashion person,” Welstead says. “I’ve just always been interested in handmade luxury.” And his creative wanderlust hasn’t waned: In India, he recently unearthed a cache of 18th-century cut diamonds, which he crafted into rings, earrings, and pendants, like the flat sliced-diamond one below. The gems are now available at Dover Street Market. “I never know what I am going to find in these remote places. But it’s so exciting when something beautiful and unusual turns up.”