Goto your account

News, Diamonds, Monthly Overview, The Great Diamond Debate

Articles from DIAMOND JEWELLERY (805 Articles), DIAMONDS BY CUT - BRILLIANT (ROUND) (281 Articles), DIAMOND GRADING LABORATORY / CERTIFICATION (71 Articles)












The Great Diamond Debate

Six months after De Beer’s surprised the international jewellery industry by entering the synthetic diamond market, we explore whether the decision was a strategic move to ensure competitor innovation did not become blanket disruption or whether De Beers finally saw the light and realised lab-grown diamonds are not a menace after all?

Perhaps it’s even a little bit of both, or perhaps it doesn’t really matter anyway!

Our Great Diamond Debate might help you decide.

 

PRELUDE


INNOVATION VS DISRUPTION: SPECTATORS DON’T WIN GAMES
Coleby Nicholson, managing editor of Jeweller
 
Is De Beers’ decision to enter the synthetic diamond market simply a logical extension of its existing business or is monopolistic behaviour aimed at controlling the industry. Read more »
 

                          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. 
Read more »

 



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. 
Read more » 

 



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.
Read more »

 



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. 
Read more »

 



Gaetano Cavallieri, president CIBJO
We should not fight the synthetic diamond manufacturers, but rather differentiate their product from natural diamonds says GAETANO CAVALIERI. 
Read more »

 



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. 
Read more »

 



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. 
Read more »

 



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 »

 




PREDICTING A SYNTHETIC FUTURE
Garry Holloway, owner Holloway Diamonds
GARRY HOLLOWAY thinks there is more than meets the eye behind De Beer’s move into lab-grown diamonds. Indeed some of the early ramifications have been ‘unintended’, or were they? Read more »

 



LAB-CREATED DIAMOND JEWELLERY MARKET TO GROW TO US$15B BY 2035
Paul Zimnisky, paulzimnisky.com - indepdendent analyst

The global jewellery industry is estimated to be worth US$270 billion. PAUL ZIMNISKY reports on the staggering potential of the ‘new diamond’ economy.
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. 
Read more »

 



Bill Sechos, managing director Gem Studies Laboratory
While lab-grown diamonds might provide benefits for retailers, BILL SECHOS says there are many potential pitfalls. 
Read more »

 



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. 
Read more »
 

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. 
Read more »
 

 

View & Download eMag

To download PDF version of this magazine, hover mouse below and click on the cloud icon on top right hand corner.

 
OUT NOW!
READ IT ALL IN JEWELLER'S DECEMBER ISSUE. 

Did you need full access to read all the stories?
From only 26c a day you can access 10 years' worth of
content in Jeweller's Business Library.

Click here to subscribe »

 

 



















(c) 2018 Gunnamatta Media