MiaDonna & Co – a key retailer in the Lab-grown diamond industry since its inception in 2005, has been awarded Portland Business Journal’s 100 Fastest – Growing Private Companies in Oregon for 2017. In the past, MiaDonna has been recognised for the same award thrice. Apart from being recognised for their continued financial growth, it has also been recognised for the FBI Citizen Agent’s award and the Business Journal’s Top 40 Under 40 Executive’s award.
The Lab-grown diamond market is said to be the fastest growing across the globe, according to a research by Nester. It was valued at USD 16.2 billion in 2015 and is expected to grow to USD 27.6 billion by 2023. According to Bonas & Company, annual production of Lab-grown diamonds hit 4.2 million carats last year.
MiaDonna has experienced an increase in sales last year because of its advancement in the technologies used to create Lab-grown diamonds and the increase in customer demand, which has contributed to this growth.
Anna-Mieke Anderson, CEO of MiaDonna said, “We are proud to be the leader in the lab-grown diamond industry and provide consumers with an affordable and conflict-free diamond option. The idea of companies being driven by short-term financial gains at a long-term cost to people and the planet is simply no longer acceptable. The new generation of diamond consumers support our advocacy toward an ethical and eco-friendly diamond community.”
MiaDonna is a believer of giving back to the society and has been working in unison with its initiative – The Greener Diamond (TGD). Recently, TGD announced a project that will support the Center for Women’s Empowerment in Liberia. The Center for Women’s Empowerment will be providing a safe space where the women affected by the negative impact of Civil War are educated, counselled and given vocational training. The women graduated from the center would be given a micro-credit loan and assigned a mentor who would help them set up small businesses. The project aims to mentor 1,000 women in five years.
In December, last year, Anna-Mieke Anderson and Khaliah Ali, daughter of legendary boxer Muhammed Ali, announced the launch of USA’s largest lab-grown diamond. It was a 6.28 carat, cushion cut, J color, VS2 clarity diamond, priced around USD 52,000 against its earth mined equivalent which costs around UDS 100,000. Supporting Lab-grown diamonds, Khaliah had said,