Russell Korman sold his 45-year-old independent jewelry business, Russell Korman Fine Jewelry, to locals Larry and Kat Stokes, who will run the store under the name Korman from the same location at 5011 Burnet Road, Austin.

Russell Korman, along with his brother Hank and sister-in-law Monica, retired in January.

512-451-9292. www.russellkormanjewelry.com