A father-son duo muses on their entrepreneurial spirit and “puppy-love” passion for jewelryWhen Trey Bailey told his parents, Clyde and Jane, that he wanted to join the family business, Raleigh, N.C.–based Bailey’s Fine Jewelry, they were more than a bit surprised. “You could have knocked me over with a feather,” recalls Clyde. “Trey was always a hard worker and earned his own way, but I had no idea he was interested in being part of the business.” Husband-and-wife proprietors “Mama Ann” and “Big Clyde” Bailey opened the first Bailey’s store in 1948 in Rocky Mount, N.C., then a popular stop for travelers headed to spots along the New York–to–Miami route. Clyde, who grew up in his ­parents’ small shop, took over the business in the 1970s, gradually growing it with Jane into a franchise of 13 signature and licensed stores. Trey, now the director of operatio