The lab-created market is reported to have expanded to roughly $US10 billion in retail sales, around 10 per cent of the complete international diamond trade – and is growing. However, you will want to realise that the percentage is far larger when you have a glance at precise carats or ‘pieces’. In a transfer to counter the menace of lab-created diamonds – and confusing consumers and damaging the natural diamond commerce within the process – De Beers shocked the industry at JCK 2018 by launching its Lightbox model.
- It is invaluable to anybody attuned to the trade, desirous to be on the forefront of key developments and developments in jewelry and watches.
- SAMUEL ORD discusses the current collapse of trend jewelry chain Colette by Colette Hayman.
- Until both of those components are resolved, the quick to medium-term future prosperity of the natural diamond industry will stay challenged.
Indian Lab-Grown Diamond …