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We received intel that red carpet regular Fred Leighton jewelry will be setting up shop in LA. Word is that it will be in a hotel, possibly the Peninsula on Little Santa Monica in Beverly Hills. Our source also said that Sarah Jessica Parker may be the famous face to host the opening event. No doubt that would be a bedazzled night, filled with plenty of security on hand. This jeweler also has shops in NYC and Vegas. [RackedWire]