Latest news from Lab-grown Diamond sector

Lab-grown Diamond
[Image Courtesy: Vogue, Diamond Foundry]

World’s first solid diamond ring is finally here

Designed by former Apple executive – Sir Jony Ive, and Marc Newson from design firm – LoveFrom, the much-awaited world’s first solid diamond ring is finally here. Termed as “(RED) Ring” is made entirely out of Lab-grown diamond, and started as a single 45-carat stone acquired from SF-based Diamond Foundry, which was then cut down and shaped into a ring. In December 2018, the ring was sold at a Sotheby’s auction for $256,250 in Miami to an anonymous buyer. The ring is now finally finished with 2,000 to 3,000 facets as blueprinted, never before seen on a single piece of diamond. The proceeds from the same will benefit Red charity, an organization started by U2 musician and activist Bono, which helps raise awareness and funds to help eliminate HIV/AIDS.

 

CARAT* London ventures into Lab-grown diamond jewellery and launches platform

Fashion jewelry brand – CARAT* London has ventured into Lab-grown diamond jewellery space, awaited since some time, by launching an engagement ring offering called Gentle Diamonds. Gentle Diamonds can be customized online and available at select CARAT* London stores. In addition to launching own Lab Grown Diamond brand, CARAT* London has also launched an online platform where other players too can list and sell Lab-grown diamonds. The company aims to become 100% carbon neutral, using Fairtrade recycled Gold, by 2022.

 

De Beers’ Lightbox activates its 3rd popup in Florida mall

De Beers’ Lab-grown diamond jewelry brand – Lightbox, has activated its 3rd popup outlet at Aventura Mall near Miami, Florida, building on its earlier two popups at NY and LA. Held between 12th and 20th September, the 400 square feet space displayed latest Lab-grown diamond jewelry – from necklaces, earrings, bracelets and rings.

 

Rottermond Jewelers starts selling Lab-grown diamonds

35 years old Michigan-based Rottermond Jewelers has entered Lab-grown diamond market owing to consumer demand. Sourced from Alpha, the jeweler will offer Type IIa Lab-grown diamonds at its Milford and Brighton stores in Michigan, alongside mined diamonds, from this month.

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