$3.3m Loss as Brilliant Earth Customers Spend Less
Brilliant Earth, the US-based “ethical jeweler”, reported a $3.3m net loss for the first quarter of 2025, as customers opted for less pricey goods.
Brilliant Earth, the US-based “ethical jeweler”, reported a $3.3m net loss for the first quarter of 2025, as customers opted for less pricey goods.
De Beers, long associated with the glamour of natural diamonds
Police in Surat, India, are investigating an alleged switch, in which a “buyer” replaced a 10.08-carat natural diamond, valued at $545,000, with a near-worthless lab grown replica. The “buyer” examined the heart-shaped D / VVS2 stone and its GIA certificate, agreed terms and put down a $12,000 down payment to secure the purchase. He left, … Read more
Declining profits for lab grown diamonds could push retailers into a natural diamond pivot, said Paul Zimnisky, an independent diamond industry analyst. Last week Zimnisky spoke to Kitco Mining. The diamond market has been in a tough spot due to declining sales. In September Petra Diamonds reported full-year revenue declined 44%. In February Lucara Diamond … Read more
De Beers Will Quit Growing Diamonds for Jewelry
AGTA Bans Lab-Grown Diamonds, Gemstones at GemFair
UK synthetic diamond firm told ads cannot describe diamonds as ‘real’
Brilliant Earth Reports Record Revenue for 2023
Surge in Undisclosed Colored Synthetics
The 6.01-carat, pear-shaped synthetic diamond was fraudulently inscribed with the Gemological Institute of America report number