07/12/2018
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.
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06/12/2018
The Diamond Guild Australia Jewellery Awards celebrated “exemplary workmanship and creative integrity of Australian jewellery design” at its Gala in October.
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06/12/2018
• Abe Sherman
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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06/12/2018
• Chaim Even- Zohar and Pranay Narvekar
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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06/12/2018
• Paul Zimnisky
The global jewellery industry is estimated to be worth US$270 billion. PAUL ZIMNISKY reports on the staggering potential of the ‘new diamond’ economy.
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06/12/2018
• Garry Holloway
There is more than meets the eye behind De Beer’s move into lab-grown diamonds says GARRY HOLLOWAY. Indeed some of the early ramifications have been ‘unintended’, or were they?
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06/12/2018
• Bill Sechos
While lab-grown diamonds might provide benefits for jewellery retailers, BILL SECHOS says there are many potential pitfalls. Jewellers should be aware of the pitfalls.
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06/12/2018
• Mehul N. Shah
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.
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06/12/2018
• Alan Bronstein and Nilesh Sheth
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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06/12/2018
• Boaz Moldawsky
No product, as shiny and sparkly as it may be, can take the place of a natural diamond. BOAZ MOLDAWSKY explains why synthetic stones are banned by the Israel Diamond Exchange.
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06/12/2018
• Gaetano Cavalieri
We should not fight the synthetic diamond manufacturers, but rather differentiate their product from natural diamonds says GAETANO CAVALIERI.
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06/12/2018
• Richard Garard
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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06/12/2018
• Jean-Marc Lieberherr
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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06/12/2018
• Sally Morrison
Lab-grown diamonds can create new opportunities and, according to SALLY MORRISON, allow jewellers to compete with other fashion categories.
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06/12/2018
• Coleby Nicholson
There are plenty of questions and theories concerning De Beers’ decision to enter the synthetic diamond market. Some believe synthetics are simply a logical extension of its existing business while others view it as monopolistic behaviour aimed at controlling the industry.
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