De Beers
How Lab-Grown Diamonds Went Mainstream
Synthetic stones now make up 10 percent of the diamond market, highlighting the ways in which new materials are rewriting the rules of what is considered luxury.
Why LVMH Is Betting on Lab-Grown Diamonds
For years, luxury’s biggest jewellers have dismissed synthetic diamonds as inauthentic. But an investment by LVMH’s venture fund in lab-grown diamond company Lusix suggests this calculus may be changing alongside consumer interest in ethical and sustainable products.
Why LVMH Is Betting on Lab-Grown Diamonds
For years, luxury’s biggest jewellers have dismissed synthetic diamonds as inauthentic. But an investment by LVMH’s venture fund in lab-grown diamond company Lusix suggests this calculus may be changing alongside consumer interest in ethical and sustainable products.
De Beers: Taking Ownership of Its Legacy
Céline Assimon, the chief executive of De Beers Jewellers, finds herself navigating a 10-year responsible business plan while getting to grips with the group’s complicated relationship with lab-grown diamonds.
Diamond Miners Stuck With Inventory Worth Billions
The five biggest producers are estimated to be sitting on excess stock worth about $3.5 billion, which could increase to $4.5 billion — or about one-third of annual rough-diamond production — by the end of the year.
Power Moves | Macy’s CFO Resigns, Asos Names Chief Strategy Officer
This week, Paula Price steps down after less than two years as Macy’s CFO, while Asos hires a McKinsey partner to lead on strategy.