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Lightbox
Lightbox to Debut at Bloomingdale’s, Reeds
De Beers will partner with two major retailers topromote Lightbox, its brand of affordable lab-grown diamond jewelry. Lightbox’s $800-per-carat jewelry is set to be soldin select Bloomingdale’s stores, including in New York City and San Francisco,...
Retail Oct 15, 2019 Rapaport News
WD
Lab-Grown Sector Gears Up for Eco Audit
Six synthetic-diamond companies have signed up for apilot program aimed at creating a sustainability standard for the sector. SCS Global Services, a third-party auditing specialist,will analyze companies’ environmental, social and governance records, with thegoal...
Polished Markets Oct 15, 2019 Rapaport News
WD Lab-grown diamonds
WD Lab Grown Diamonds Hires New CEO
WD Lab Grown Diamonds has appointed jewelry-industry veteranSue Rechner CEO. She will be responsible for growing the brand and expandingthe company’s market reach. Rechner, who held executive roles at Movado, FrederickGoldman, Citizen and...
Retail Sep 25, 2019 Rapaport News
ALTR
Ex-De Beers Exec Joins Synthetics Supplier
Lab-grown brand Altr Created Diamonds has appointed RichardWhitby chief financial officer as part of an effort to broaden the company’s reach. “Bringing Richard on board marks a pivotal point for Altr aswe continue our global expansion...
Polished Markets Sep 22, 2019 Rapaport News
DPA
DPA Grades Scanners for Synthetic Melee
An official industry-wide project to test lab-grown detectors has expanded its efforts to melee, a segment of the market highly prone to undisclosed synthetics.The Assure program — an initiative of the Diamond Producers Association (DPA) and Signet Jewelers —reviewed...
Polished Markets Aug 06, 2019 Joshua Freedman
Lark & Berry
Lab-Grown Retailer Hires Exec for US Push
UK-based synthetic-diamond-jewelry retailer Lark & Berryhas hired Paul Ziff as its brand manager for North America. Ziff was previously a brand president at both Richemont andLVMH, and has held executive positions at Ralph Lauren...
Retail Jul 31, 2019 Rapaport News
Lab-grown rough diamond
India Differentiates Synthetics Imports
India has introduced an import classification code solely for lab-grown rough diamonds, enabling the industry to keep better watch of syntheticsentering the country.The government has separated the Indian Trade Clarification(ITC) code for rough...
Financial-Legal Jul 14, 2019 Joshua Freedman
JCK lab grown
JCK Lab-Grown Section Shows Rising Demand
At JCK Las Vegas, lab-grown-diamond exhibitors havemushroomed nearly as much as opinions about the stones themselves. Toaccommodate growing market needs, organizers debuted the Lab-Grown DiamondNeighborhood at the 2018 edition of the trade fair.“There may have...
Polished Markets Jul 10, 2019 Jennifer Heebner
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
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