PRELUDE PANEL OF INDUSTRY EXPERTS
Sally Morrison, chief marketing officer, De Beers' Lightbox
Lab-grown diamonds can create new opportunities and, according to SALLY MORRISON, allow jewellers to compete with other fashion categories.
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Jean-Marc Lieberherr, chief executive officer, Diamond Producers Association
JEAN-MARC LIEBERHERR says consumers will continue to value the rarity and authenticity of natural diamonds because, in the end, real matters.
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Richard Gerard, secretary general International DIamond Growers Association
Lab-grown diamonds offer significant value and legitimate consumer choice. As such RICHARD GARARD says a downward price shift is unlikely.
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Ernie Blom, president World Federation Diamond Bourses
Diamonds can’t be made; they are part of Mother Nature. ERNIE BLOM says synthetic stones are akin to making widgets on a factory production line.
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Gaetano Cavallieri, president CIBJO
We should not fight the synthetic diamond manufacturers, but rather differentiate their product from natural diamonds says GAETANO CAVALIERI.
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Boaz Moldawsky, chairman Israel Diamond Institute
No product, as shiny and sparkly as it may be, can take the place of a natural diamond. BOAZ MOLDAWSKY explains why IDE bans synthetic stones.
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Alan Bronstein, president NCDIA | Nilesh Sheth, president IDCAS
ALAN BRONSTEIN and NILESH SHETH believe synthetic stones only threaten the natural diamond market if there is no disclosure or transparency.
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Mehul N Shah, vice president Bharat Diamond Bourse
The Indian gems and jewellery sector is a US$40 billion industry and, according to MEHUL SHAH, around 1 million families earn their livelihood thanks to the diamond industry. Read more »
Abe Sherman, chief executive officer Buyers Intelligence Group
ABE SHERMAN says bogus claims and overpriced products from synthetic manufacturers probably ‘forced’ De Beer’s into the lab-grown market.
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Bill Sechos, managing director Gem Studies Laboratory
While lab-grown diamonds might provide benefits for retailers, BILL SECHOS says there are many potential pitfalls.
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Chaim Even- Zohar, Pranay Narvekar, independent consultants
What is really behind the jewellery industry’s greatest U-turn? CHAIM EVEN-ZOHAR with PRANAY NARVEKAR analyse De Beers’ real motives.
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FEATURE STORY
The De Beers’ fifth annual Diamond Insight Report has found that Millennials and Gen Z consumers accounted for two-thirds of global diamond jewellery sales in 2017.
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