De Beers Group said Thursday that it plans to close Lightbox, its lab-grown diamond jewelry brand, saying that the closure reinforces its “commitment to natural diamonds in the jewelry sector.” As ...
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 ...
LONDON — De Beers Group, which rocked the industry when it launched its Lightbox jewelry made from lab-grown diamonds, is shutting the business. The diamond miner and jeweler said it planned to shut ...
“The recent entrance of Lightbox into the bridal category is a testament of consumer power and shift of the engagement ring market share towards lab-grown diamonds,” said Amish Shah, ALTR Created ...
It appears that De Beers has spotted the writing on the wall in an increasingly crowded lab-grown diamond market. The diamond behemoth has begun testing engagement rings under its lab-grown subsidiary ...