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Podcast June 2019
Podcast: Lightbox – the Synthetics King?
On the first anniversary since the launch of Lightbox,Rapaport’s Avi Krawitz sat with managing director Steve Coe at the JCK show inLas Vegas. Coe gives his perspective of the industry’s response toLightbox, some insight...
Retail Jun 05, 2019 Avi Krawitz
MR
RapNet Members Say ‘No’ to Synthetics
The RapNet community has voted overwhelmingly againstintroducing services for the lab-grown-diamond sector. Members voted by 79% to 21% against the trading platformlisting synthetics on the site. They also rejected a lab-grown pricelist, with 74%...
Mining Jun 03, 2019 Rapaport News
Aleah Arundale
Lab-Grown Ban Splits Opinion on Facebook
An influential online community for jewelers has bannedsales of lab-grown diamonds, prompting fierce debate on social media. Jewelers Helping Jewelers (JHJ), a Facebook group with more than 16,000members, decreed Wednesday that no synthetics may be sold...
Technology May 30, 2019 Joshua Freedman
Frederick Goldman
Frederick Goldman Opens Lab-Grown Site
Frederick Goldman has launched a lab-grown manufacturing center inMexico as part of its new jewelry supply business. Jewelry SolutionsGroup manufactures custom diamond jewelry and engagement rings, delivered to clients within a week. The venture is comprised...
Polished Markets May 20, 2019 Rapaport News
James Allen synthetic
Signet Enters Lab-Grown Market
James Allen has launched sales of lab-grown diamonds,marking parent company Signet Jewelers’ entry into the synthetics market. The e-commerce business, which Signet acquired in 2017,now gives consumers the option of “earth-created” or “lab-created” stones...
Retail May 05, 2019 Rapaport News
FTC
FTC Issues Warnings to Synthetics Sellers
The US Federal Trade Commission (FTC) has sent letters toeight companies selling lab-grown or simulated diamonds, warning that theirmarketing violates the government’s recently issued guidelines. Some of the companies’advertising may be deceptive to consumers, the...
Polished Markets Apr 03, 2019 Rapaport News
Lightbox
De Beers: No Need to Flag Synthetics Treatments
De Beers claims it doesn’t need to disclose treatments to its lab-grown diamonds, placing itself at odds with many synthetics traders pushing for full transparency in the sector.The company’s synthetics brand, Lightbox, applies post-growth enhancements to its...
Retail Feb 26, 2019 Joshua Freedman
GIA mistaken
‘Lab-Grown’ Diamond Turns Out to Be Natural
A client of the Gemological Institute of America (GIA)wrongly submitted a natural diamond as a lab-grown stone, the organizationsaid.The GIA’s Carlsbad laboratory recently received the round brilliant,2.23-carat, D-color diamond, which the customer had sent in for asynthetic-diamond...
Polished Markets Feb 06, 2019 Rapaport News
Alrosa rough
‘Diamonds and Lies’ Exposes the Real Fake
In the era of fake news and synthetic diamonds, it was a matter of time before the two would meet. They did so recently in the form of editorials in the South China Morning Post (SCMP) and on the Russia...
Polished Markets Dec 06, 2018 Avi Krawitz
JCPenney Richline Grown with Love
Major US Retailers Embrace Synthetic Diamonds
Lab-grown diamonds will feature at some of the largest US retailers this holiday season, with J.C. Penney, Macy’s and Jewelry Television (JTV) anticipating strong growth in the category. Berkshire Hathaway subsidiary Richline Group will...
Retail Nov 01, 2018 Rapaport News
Chow Tai Fook Store
Chow Tai Fook Says No to Synthetics
Chow Tai Fook, Hong Kong’s largest jewelry company, has ruled out introducing a line of lab-grown diamonds at its stores, noting that Chinese consumers are not interested in the category. “We don’t have any...
Retail Sep 16, 2018 Avi Krawitz
Swarovski 150
Swarovski Consolidates Its Lab-Grown Brands
Swarovski has transferred its lab-grown diamond line,Diama, to its Atelier Swarovski division as part of a restructuring of itsproducts. The move comes as part of the company’s efforts toconsolidate all its “created-diamond” jewelry under one brand. The...
Retail Jul 16, 2018 Rapaport News
Pink Synthetic 150
GIA Grades ‘Largest’ Lab-Grown Pink
The Gemological Institute of America (GIA) has graded a5.01-carat lab-grown diamond that, its producer claims, is the largest pinksynthetic diamond in the world. New York-based Unique Lab Grown Diamond created the stone usingchemical...
Polished Markets Jul 04, 2018 Rapaport News
Diamond Foundry 150
Diamond Foundry Lauds De Beers Synthetics Bid
De Beers’ entry into the lab-grown market represents a shift inconsumers’ perception of synthetic stones, according to Diamond Foundry. The miner’s introduction of a new line of lab-grown stones forjewelry is key for the acceptance of synthetics in the industry,...
Retail Jun 03, 2018 Rapaport News
Scio
Scio Raises $1.6M to Fund Synthetic Diamond Development
Synthetic diamond producer Scio Diamond Technology Corp., raised$1.6 million in equity financing to fund further product development andoperations, according to a company announcement. "We see increasing demand in the market for lab-grownwhite diamonds," noted Gerald...
Technology Sep 10, 2015 Rapaport News
D-Research
Dharmanandan Research Debuts Detection for Lab-Grown Diamonds
Dharmanandan Research Centre (DRC) has introduced its new instrument to identify lab-grown diamonds. Called D-Secure, the device recognizes all shapes of lab-grown diamonds in sizes ranging from 0.003 carats to 10 carats.“The technical team at DRC...
Technology Sep 07, 2015 Rapaport News
synthetic
HRD Discovers Hard-to-Detect Synthetic Rough Diamonds: Quick Take
Producers are now able to create synthetic rough diamonds in shapes identical to natural rough diamonds, HRD Antwerp reported on Friday.Until now, synthetic rough diamonds could be identified by their shape, which was cubo-octahedral if produced using...
Rough Markets Jul 13, 2015 Rapaport News
martin rapaport
Martin Rapaport to Address Synthetic Diamond Crisis
PRESS RELEASE, October 29, 2013, London: The Gemmological Association of Great Britain (Gem-A) will be celebrating the 100th anniversary of the first gemology diploma and the 50th anniversary of the first awarded diamond diploma...
Polished Markets Oct 29, 2013 Rapaport
gemesis
Gemesis Introduces Fancy Pink Collection
The Gemesis Diamond Company, producer of lab-grown diamonds and jewelry, added a fancy pink collection to its ecommerce Gemesis.com channel. The new palette of pinks includes "blush" and "brilliant" shades. Gemesis previously only offered...
Gemstones Oct 25, 2013 Jeff Miller
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