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Consumer Awareness of Synthetics Soars
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The proportion of consumers who have heard about lab-grown diamonds has risen to 80% in 2020, up from 58% two years ago, an MVI Marketing survey found.Meanwhile, 69% of shoppers knew of specific brands that use lab-grown...
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Polished Markets
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Nov 01, 2020
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Rapaport News
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Industry Launches New Lab-Grown Association
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Two jewelry veterans have debuted a group that aims toraise awareness of, and demand for, lab-grown diamonds in the US. The Lab Grown Diamond Council (LGDC) will introduce newinitiatives for the synthetics...
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Polished Markets
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May 20, 2019
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Rapaport News
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IGDA: Lab-Grown Diamonds Poised for Upswing
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The lab-grown-diamond sector is enjoying a spike in awareness among US consumers and is starting to make headway in the engagement-ring market, according to a report by the International Grown Diamond Association (IGDA).“Over the last two years, the anecdotal feedback...
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Polished Markets
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Feb 11, 2019
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Rapaport News
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Adamas Acquires Synthetics Producer Scio
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Nevada-based Adamas One Corp. has bought all assetsbelonging to Scio Diamond, a producer of lab-grown diamonds. Adamas will pay $3.3 million over 18 months to cover Scio’s secured debt, according to a December 11 filing with the US Securities...
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Polished Markets
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Dec 30, 2018
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Rapaport News
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DPA Raises Concerns over Synthetics Marketing
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The Diamond Producers Association (DPA) is worried lab-growndiamond suppliers will use the new Federal Trade Commission (FTC) guidelines toconfuse consumers — a claim synthetics companies reject.The FTC last month removed the word “natural”...
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Marketing
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Aug 06, 2018
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Rapaport News
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Stuller Joins International Lab-Grown Diamond Body
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Stuller, a U.S.-based jewelry manufacturer that startedoffering synthetic diamonds earlier this year, has become the latest member of a trade organization for the lab-grown diamond industry.“We are very pleased to welcome Stuller to our association,”said...
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Polished Markets
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Jun 07, 2016
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Rapaport News
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GIA Grades Largest HPHT Synthetic Diamond to Date
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The Gemological Institute of America (GIA) announced it gradedthe largest faceted blue synthetic diamond ever examined by the organization.Researchers inthe GIA’s New York laboratory inspected the emerald-cut, 5.03-carat HPHT-growntype-IIb stone produced by New Diamond...
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Technology
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Feb 25, 2016
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Rapaport News
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Synthetics Firms Launch International Grown Diamond Association
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Morethan 10 lab-grown diamond producers, distributors and retailers have partneredto launch the International Grown Diamond Association (IGDA), claiming thegroup is the “first” industry body for the synthetics sector.The association aims to represent the...
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Technology
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Feb 04, 2016
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Rapaport News
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