Leviev's sumptuous first store, in London on Old Bond Street, sits a stone's throw from Graff's on New Bond Street, and his second, in Manhattan, will be less than a block from Graff's new boutique on Madison Avenue.

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So when a New York-based company called Bond Street Theater traveled to the refugee camps of Pakistan, everyone told them they should talk to Salimi.

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Such a flight of capital is exactly what worries Sergeant, who sells her work through a gallery on London's posh New Bond Street, not far from Sotheby's main auction site.

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The deal calls for expanded production of McQueen's womenswsear and menswear lines by Gucci's manufacturers, a rollout of McQueen boutiques in London (a flagship store on Bond Street), Tokyo and New York (near Stella McCartney's shop by the semi-gentrified meatpacking district) and for Alexander McQueen ready-to-wear collections to be shown in Paris.

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Graff relocated to New Bond Street in the tony Mayfair neighborhood--and went on a real estate shopping spree.

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Strapping on its surgical gloves, the Federal Reserve offered Wall Street a new way of opening markets, causing a sharp jump equities and bond prices.

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British billionaire Laurence Graff, the man jewelry business insiders call the new Harry Winston, swears this story is true: A woman and her husband walk into Graff's shop on London's swanky New Bond Street and ask to see the stunning diamond-and-ruby necklace in the window.

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