De Beers has cut diamond prices by 10-15%, a historically large reduction, in response to falling demand and the rise of synthetic diamonds. This move signals a significant shift in the diamond market ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. De Beers launched its largest diamond campaign in a decade, ...
De Beers reportedly cut rough diamond prices in January, a rare retreat by the industry’s once-dominant broker as slumping demand, lab-grown stones and trade turmoil batter the global diamond market.
A six-year synthetic diamond experiment by De Beers is being abandoned in the first aftershock of the failed $49 billion attempt by BHP to buy mining rival Anglo American, the current owner of the ...
Diamond giant De Beers slashed the price of its lab-grown rocks by nearly 40%, citing their plummeting wholesale prices, the London-based company said Friday. The man-made gems, which have gained in ...
Fresh, authentic campaign connects the journeys of ‘Zillennial’ couples, who are leading the engagement recovery, with the incredible journey that natural diamonds take as the ultimate symbols of ...
De Beers is synonymous with diamonds, having coined the phrase “Diamonds are forever” back in 1947. However, the company’s own business in precious stones has been in jeopardy following mining giant ...
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Lab-grown diamonds are taking over — and big gem is sweating. Brides-to-be are snapping up bigger, cheaper, jaw-dropping lab-grown rocks, and the once-untouchable natural diamond market is feeling the ...
At the WWD x SJ Global Fashion and Business Conference in Hong Kong, Emmanuelle Nodale, chief executive officer of De Beers London, shared her candid take on the shifting identity and ambitions of the ...
Diamond mining giant De Beers Group has announced plans to discontinue its lab-grown diamond (LGDs) jewellery brand Lightbox and focus on natural diamonds in the jewellery sector. Discussions ...
De Beers cut its official diamond prices for the first time in more than a year, according to people familiar with the matter, ending its attempts to support the market in the face of slumping demand.
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