Archive | Lab-grown diamonds

RSS feed for this section
diamonds photo-1599707367072-cd6ada2bc375

Diamond Jewelry Industry Faces a New Threat: Russia Sanctions

Mere weeks ago, Bain and the Antwerp World Diamond Center (AWDC) issued their annual “Global Diamond Industry” report, recounting the diamond jewelry industry’s “brilliant recovery” from the pandemic downturn. Covering the entire diamond value chain from production to consumer sales, it reported, “In 2021, revenue increased 62% [year-over-year] in the diamond mining segment, 55% for […]

Comments Off on Diamond Jewelry Industry Faces a New Threat: Russia Sanctions Continue Reading →
bridal jewelry photo-1595662000432-f8cdba893fa4

Lab-Grown Diamond Jewelry Is Poised for Explosive Growth

2022 will be the year of the wedding. According to The Wedding Report, some 2.5 million couples will tie the knot next year, following a two-year lull when only 1.3 married in 2020 and 1.9 million in 2021. That will break a previous record for marriages set in 1984. Not only will a historic number […]

diamond photo-1599707367072-cd6ada2bc375

Pandora and Diamond Foundry Answer Consumers’ Growing Demand for Lab-Grown Diamonds

Lab-grown diamonds, the manmade alternative to naturally-grown diamonds, have faced an uphill battle to be recognized by the jewelry industry as an acceptable alternative to mined diamonds. Now Pandora, the world’s largest jewelry company by volume, and Diamond Foundry, one of the nation’s leading producers of lab-grown diamonds, are out with news that prove the […]

Comments Off on Pandora and Diamond Foundry Answer Consumers’ Growing Demand for Lab-Grown Diamonds Continue Reading →
Diamond jewelry

The Choice Between Lab Grown and Natural Diamonds Is Becoming Clearer

This year Valentine’s Day fell nearly smack dab in the middle of the peak period for diamond jewelry sales, which extends from the December holiday season when about 20% of engagements occur through Mother’s Day, this year on May 9. By all accounts Holiday 2020 was a strong one for diamond jewelry sales, especially for […]

Comments Off on The Choice Between Lab Grown and Natural Diamonds Is Becoming Clearer Continue Reading →
lab-grown diamonds

Do Lab-Grown Diamonds Fit into Your Store?

Creating a brand in an emerging category isn’t simple.  A well-thought-out strategy reflects where the category and best consumers are going rather than the current environment.  It’s easy to make mistakes.  In the jewelry business, the diamond industry’s powers-that-be would like to define you as something less than mined diamonds. Don’t allow someone else to […]