We recommend this latest article from Rapaport which puts synthetic diamonds in the spotlight. With insights and data from Edge Retail Academy, MVI Marketing, Edahn Golan and Tenoris, it’s an interesting look at the current market for laboratory-grown diamonds. Amish Shah, founder of lab-grown wholesaler ALTR Created Diamonds said: “The stigma and debate which surrounded the lab-grown product three or five years ago is no longer there… In fact, it’s becoming trendy, and if you look at the global economy and the state of the US consumer, the economics support the category more than ever.” Read more below. #diamonds #diamondindustry #laboratorygrowndiamonds #labgrowndiamonds #Rapaport
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Founder & CEO of The Diamond Port: Nurturing Ethical Trade, Innovation, and Spiritual Growth in the Global B2B Diamond Marketplace. Offices in IN, US, UK, BEL, AUS, HK.
In the recent article published on the Rapaport website by Avi Krawitz, the debate between natural and lab-grown diamonds continues to unfold. While Mr. Martin Rapaport advocates for maintaining the sentiment of natural rarity in the market, lab-grown diamonds assert their own significance and appeal to a growing audience. This ongoing discourse underscores the evolving landscape of the diamond industry, where both natural and lab-grown diamonds coexist, each with its unique attributes and market dynamics. As the CEO of The Diamond Port, a premier B2B diamond marketplace, I embrace the industry's shift towards lab-grown diamonds while maintaining neutrality. With 75% of our sales transitioning from natural to CVDs, we recognize and capitalize on this evolving market trend. Our platform remains a hub for both natural and lab-grown diamonds, catering to diverse buyer preferences. Embracing this change, we ensure our suppliers and buyers benefit from the expanding opportunities in the dynamic diamond landscape, fostering growth and innovation within the industry. #naturaldiamonds #cvd #labgrowndiamonds #diamondmarket #industrytrends
Synthetic Diamonds in the Spotlight
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Rare and Exceptional Diamonds | Jewelry | Business Consulting | Business Development | ₿ Crypto eCommerce
Diamtrader is an important player in the #diamond and #jewelry market due to several key factors: 💠 Extensive Industry Experience: Diamtrader ader has established itself as a #reputable entity within the diamond #trading and jewelry market through years of experience, allowing it to build strong relationships with suppliers, buyers, and other industry stakeholders. 💠 Quality and Authenticity: The #company is known for its commitment to high-quality diamonds and jewelry. By ensuring the authenticity and quality of their products, Diamtrader has built trust with consumers and #industry #partners. 💠 Innovative Practices: Diamtrader stays competitive by adopting innovative practices and technologies in diamond sourcing, trading, and jewelry manufacturing. This includes advanced techniques for diamond grading and #certification, as well as embracing e-commerce #platforms to reach a global customer base. 💠 Market Reach: With a robust network, Diamtrader has a significant presence in major diamond markets around the world. Their ability to cater to a diverse clientele across various regions enhances their influence and market share. 💠 Sustainability and Ethical Practices: The company places a strong emphasis on ethical sourcing and sustainable practices. By adhering to the #Kimberley Process and other ethical standards, Diamtrader ensures that their diamonds are #conflict-free, appealing to the growing segment of socially conscious consumers. 💠 Customer Service: Diamtrader’s focus on excellent #customer #service, including personalized services for high-end clients, sets them apart in the competitive diamond and jewelry market. This dedication to customer satisfaction fosters loyalty and repeat business. These factors collectively contribute to Diamtrader’s #important presence and #respected status within the diamond and jewelry market. Diamtrader
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Strategist(E) | Entrepreneur(E) | Co-founder&Board Member of 2DOT4 | Founder of Infinite Brands/DefinitelyShe & InfinitelyUs | Philanthropist | Advisor & Board Member of Goleaders & African Diaspora4Change (Non-Profit)
Engagement with lab-grown diamonds is a topic close to my heart lately! It's essential to acknowledge that consumer preferences drive the market, not the other way around, regardless of brands' resistance. Gen Z and young consumers are leading the charge towards sustainability and ethical practices. Personally, I cherish and proudly wear both natural and lab-grown diamonds. At the end of the day, they're both real diamonds, so let's embrace them wholeheartedly instead of engaging in unnecessary debate. 💎 #Sustainability #EthicalFashion #Diamonds #LabgrownDiamonds
I am confused. If De beers is serious about exiting the LGD business for jewellery why is it still hanging onto Lightbox ? So Lightbox will sell "old" stock to consumers before it makes a final decision on the fate of Lightbox ? What is there to gain by having Lightbox to die a slow death ? I am actually quite surprised that mainstream jewellery media is not asking Al Cook why he is being so indecisive. Also, why open up another can of worms to sell polished natrual De Beers loose diamonds and compete with its own customers ? The so called "Origins" strategy is filled with internal inconsistencies and ambiguities. The Emperor has no clothes.
De Beers Steps Away from Lab-Grown Diamonds, Refocuses on Natural Gems
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What factors are driving the surge in demand for #labgrowndiamonds, particularly in the jewelry industry, and how are they reshaping consumer preferences? Growing demand for lab-grown #diamonds stems from their cost-effectiveness and #ethical appeal, attracting #consumers seeking affordable yet high-quality gems. Lab-grown #diamonds offer customizable designs and #ecofriendly options, appealing to those valuing ethical and #sustainable choices in jewelry. For More Insights: https://lnkd.in/edQAREJ3 Key Market Players: WD Advanced Materials Henan Huanghe Whirlwind Co., Ltd. Diamond Foundry Bhanderi Lab Grown Diamonds ABD Diamonds New Diamond Technology Diam Concept De Beers Group #AMR #LabGrownDiamonds #JewelryIndustry #ConsumerPreferences #EthicalChoices #MarketDemand
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𝐇𝐚𝐯𝐞 𝐲𝐨𝐮 𝐫𝐞𝐚𝐝 𝐨𝐮𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐚𝐫𝐭𝐢𝐜𝐥𝐞 𝐨𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐥𝐞𝐚𝐭𝐡𝐞𝐫 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲? Check it out here: https://lnkd.in/gCrJidX3. We're excited to share our new series, '𝐃𝐢𝐝 𝐘𝐨𝐮 𝐊𝐧𝐨𝐰? 𝐋𝐞𝐚𝐭𝐡𝐞𝐫 𝐄𝐝𝐢𝐭𝐢𝐨𝐧,' where we delve into the fascinating history and facts about leather. Stay tuned for more insights! #LeatherIndustry #GlobalBusiness #EconomicImpact #LeatherFacts #IndustryInsights #HandicraftVilla #DidYouKnow #LeatherEdition #MarketTrends #BusinessKnowledge
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Lab Grown Landscape. Prices are fluctuating in the diamond market for both mined and lab-growns. As awareness of man-made diamonds spreads and intrigues consumers, availability and better qualities have mushroomed, spreading faster through the market than a California wildfire. This scenario has led to drastic lab-grown price drops, as typically happens with the evolution of any new technology, and paved the way for a decrease in mined-diamond desire among consumers, according to some manufacturers. Once shoppers learned that they could spend less for a bigger, more beautiful lab-grown diamond, prices on mined diamonds dropped, too. To Sandeep Shah, president of Sandeep Diamond, the price of mined diamonds is inconsequential. The bigger issue, he says, is diminished demand at the retail level for mined diamonds “coupled with the cannibalization of mined-diamond demand by lab-growns,” he says. Shefi Diamonds Others agree, including David Gaynes, vice president of sales at Indigo Jewelry, and Surbhi Jain, head of marketing at Shefi Diamonds. “The emergence and growth of the lab-grown diamond sector has introduced a level of instability to the overall diamond market,” says Jain. Click Here To Read The Article: https://lnkd.in/e7pxEvUQ #plumbclub #plumbclubmember #labgrowndiamonds #diamonds #labgrownlandscape #manmadediamonds #jewelryindsutry
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6 Reasons to Invest in One Tooth Grillz Diamond Investing these 6 reasons in Tooth Grillz Diamond is a good decision as the price of diamonds, gold and silver consistently increases. Ensuring a good resale value and the potential to make money in the future. By owning a set of diamond grillz, you are not only investing but also acquiring a trendy and fashionable accessory. Check the comment to read all about this. #grillz #grillzBook #grills #6ReasonsToInvestInOneToothGrillzDiamond
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Lab-grown diamonds have grown to nearly 50% of the diamond market in the last two years. But as Shakespeare wrote, "all that glitters is not gold." These manufactured diamonds have massive implications on jewelry industry economics. Read Gordon Brothers' perspective on lab diamonds' impact on the market and what to do about it. #PSA: Lab-grown diamonds have zero resale value - something to consider if you're in the diamond market... Rick Edwards Becky Goldfarb
How is the rise in lab-grown diamonds rearranging the jewelry industry’s economics? In our latest article, we explore what companies can do to address the multi-faceted challenges manufactured stones present. Read more from Rick Edwards, Head of North America Retail, Alexa Driansky, Managing Director, Retail Coordination & Client Development, and Becky Goldfarb, Managing Director, Retail Valuations: https://lnkd.in/ejG8cY5s
The Rise of Lab-Grown Diamonds | Gordon Brothers
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The growth of sales and the reduced price points (around $500/ct) of laboratory-grown diamonds at Walmart is a clear confirmation of what the diamond industry has known for a long time. That is the bifurcation of the market between natural and laboratory-grown diamonds. It's now becoming much clearer for consumers to understand the respective values of each, without the misleading narratives intended to wrongfully imply a much narrower differentiation between the two. Laboratory-grown diamonds replicated at mass scale in factories can never be compared with a unique natural gem created billions of years ago deep beneath the earth's surface. “You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.” - Abraham Lincoln #naturaldiamonds
Walmart Expands Lab-grown Diamond Offering
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ALTR & J'EVAR , Founder & CEO | Luxury Jewelry Innovator
4moThe article is a good read with a dew perspectives that help understand the status of the category as well as the opportunity that lies ahead.