Lab-grown diamond retailers voice concerns over profitability amidst plummeting prices. Catherine Angiel of a New York fine jewellery business highlights the surge in demand but warns of struggles for smaller retailers. Lauren Petrovic of Laurenti New York notes declining dollar margins, emphasizing the
HRD Antwerp inaugurated a new laboratory in New Delhi to enhance transparency and authenticity in India’s diamond and jewellery market. Ramakant Mitkar, Managing Director of HRD Antwerp India, emphasized the laboratory’s role in empowering consumers and retail brands in North India. Mitkar highlighted
Ari Epstein, CEO of Antwerp World Diamond Centre (AWDC), announced his resignation after 13 years of leadership. The reasons for his departure and the timeline for appointing a successor are undisclosed. AWDC President Isidore Mörsel praised Epstein’s visionary leadership, attributing unparalleled growth and
The apex body of the gem and jewellery industry in India, GJEPC hosted the 3rd edition of International Gem & Jewellery Show (IGJS) in Jaipur. The event, powered by Gemfields, is being held from 12th to 14th April at Novotel Jaipur Convention Centre, Jaipur. IGJS Jaipur
Press Release: Nairobi, Kenya – Saad Kassis Mohamed, leading WeCare, proudly announces a milestone achievement with the successful raise of $350,000 dedicated to accelerating innovation in the lab-grown diamond sector. This significant funding marks a pivotal moment in the foundation’s commitment to fostering
A complaint was filed by the Natural Diamond Council (NDC) with ASA about the ad, which debuted in February 2023 and featured text including, “Say hello to the world’s first and only diamond made entirely from the sky” and “We make diamonds using
We are seeing an overwhelming response from our esteemed customers on this auspicious occasion of Gudi Padwa. We have witnessed enthusiasm, energy, and crowd in our stores right from morning. Overall, the sentiment is upbeat, it’s beating expectations. There’s a good demand for
In a recent development, India’s External Affairs Minister, Subrahmanyam Jaishankar, has raised concerns over the impact of G7 sanctions targeting Russian diamonds. The move, Jaishankar asserts, is poised to pose significant challenges for India’s economic landscape. Disproportionate Impact on India India’s External Affairs
Jersey City, NJ, April 09, 2024 – As per the most recent analysis conducted by InsightAce Analytic, the Lab-Cultivated Diamonds (Lab Grown Diamonds) Global Market is projected to witness a robust upsurge, with an anticipated Compound Annual Growth Rate (CAGR) of 10.3% throughout
PRESS RELEASE: The Board of Directors (BOD) for the American Gem Trade Association (AGTA) recently amended its trade show rules for lab-grown, man-made, and/or synthetic gemstones. Starting at the AGTA GemFair Tucson 2025, no exhibitor may display loose gemstones or jewelry comprising non-natural
