DeBeers to sell lab-created diamonds

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#32
Grand Maven said:
robbreport.com

De Beers Is Closing Its Lab-Grown Diamond Jewelry Business

De Beers is closing its lab-grown diamond jewelry business, Lightbox, it said on Thursday. The move signals the brand's commitment to natural gems.
robbreport.com robbreport.com
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The rumor last year was that De Beers was winding down Lightbox. Last summer everything was on blow-out clearance price on their web site. Not much left on their web site now.

Seems like everybody and their brother has gotten into the business of selling lab diamonds. No surprise that De Beers decided there won't be enough profit for them in the future in lab diamonds.
 
#33
BigPurseSue said:
The rumor last year was that De Beers was winding down Lightbox. Last summer everything was on blow-out clearance price on their web site. Not much left on their web site now.

Seems like everybody and their brother has gotten into the business of selling lab diamonds. No surprise that De Beers decided there won't be enough profit for them in the future in lab diamonds.
Click to expand...
What other top jewellery brands make lab diamonds?

Will this ripple effect on them as De Beers is a market leader?
 
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