Lab-grown diamond exports are set to experience a revival in the fiscal year 2025, with projections from CareEdge Advisory indicating a robust growth of 7-9%. This resurgence follows a downturn in FY24, marked by a significant 16.5% year-on-year decline in exports to around
Solitario, a prominent lab-grown diamond brand, has announced its entry into Chennai with the inauguration of its inaugural store at Phoenix Market City Mall. Situated within the mall’s luxury precinct known as Palladium, spanning over 600 sq. ft., the boutique joins a prestigious
GN Diamond is leading the charge in the trend of lab-grown diamonds, offering retailers a vast selection of over 9,000 options in various shapes, sizes, and colors, including vibrant pinks, ocean blues, and vivid greens. Breakthrough technology has enabled the creation of lab-grown
Limelight Diamonds, India’s leading CVD diamond jewellery brand, celebrates the inauguration of its second Kolkata store in just 15 months. Situated in the vibrant Kankurgachi area, this 500 sq. ft. store marks a significant expansion in Limelight’s nationwide presence. With over 10 stores
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
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
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
The diamond industry has experienced a game-changing phenomenon over the past few years due to the increased prominence of lab-grown diamonds. Sustainability, ethics, and customer preferences are under consideration due to this upheaval that has shifted the fundamentals underlying the diamond market.Synthetic or
