This is the title of the newest study from THE MVEye, a well-known company that has been monitoring the market of lab-grown diamonds since 2004. Starting from 2012, they have been doing market research projects with consumers in the US, with their last dating from October 2020. Their most recent research however, dating from April…
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Last month, a little shockwave went through the world of diamond jewellery. This happened because of a statement from Pandora, the world’s biggest jeweller by volume. Pandora stated that it would start using only ‘man-made’ lab-grown diamonds in their new designs, stepping away from using mined diamonds. Alexander Lacik, Pandora CEO states: “To continue our…
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This time the message I want to share with you is written by Mel Moss, a fantastic Canadian friend since over 40 Years, who today I consider as a family member, living unfortunately far away. I find his text so true and inspiring that it is worthwhile to read it until the end. Everything…
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A Diamond is no Longer Natural. The Federal Trade Commission (FTC) classifies lab-grown as a diamond. On July 24, 2018, the Federal Trade Commission (FTC) has expanded its definition of “diamond”. FTC included diamonds, grown in a laboratory, as part of several changes to its jewellery guidelines. The word “natural” has been removed from the…
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We were pleasantly surprised with the announcement of the Professional Jeweller that Madestones is nominated as of one the five candidates for the award of supplier of the year 2018 in the UK.
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February and March were very busy monthes for Madestones with the Inhorgenta Munich show and the launch of Madestones Fine Jewellery Collection. The Madestones collection blends high quality lab-grown diamonds with the timeless Antwerp design and craftsmanship. And, because our lab-grown diamonds are up to 50% cheaper compared to Earth-extracted diamonds, we can offer exquisite…
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We saw the same trend as at the Vicenza show a month earlier. The awareness and interest for lab-grown diamonds is growing fast. Companies that would not consider the use of lab-grown diamonds a few years ago are now rethinking fully and implementing the sales of lab-grown diamonds alongside their mined diamonds. Retailers, designers and…
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The pear shape of 6.16-carat fancy dark grey-blue diamond, originally given to Queen Elisabeth Farmese of Spain as a wedding gift following her marriage to King Philip V in 1714, has spent 300 years in the private collection of Europe’s royal families. The diamond will go under the hammer at the Magnificent Jewels and Noble…
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Morgan Stanley reported that laboratory grown diamonds captured 3% market share of the global diamond business in 2017. This percentage is estimated to reach 8% by 2020. It is clear that the consumer definitely welcomes this new diamond product but retailers do not always know how to best fit or position this new product within…
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End of last year The ‘Pink Promise’ was the highlight of Christie’s Magnificent Jewels Hong Kong auction, with the 14.93-carat Fancy Vivid pink diamond selling for $31,861,000. The auction house said the sales price was a world-record per-carat price for any pink diamond weighing more than 10 carats. The pre-sale estimate for the oval stone…
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