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Signet Jewelers CEO: Lab grown diamonds make diamond jewelry more accessible
CNBC Television· 2025-09-03 00:05
Diamond Market Segmentation - The market distinguishes between natural and lab-grown diamonds, with demand for both [1] - Natural diamonds are favored above $5,000, appealing to customers seeking asset value [2] - Lab-grown diamonds dominate below $2,000, focusing on emotional value, particularly in engagement rings [2] Lab-Grown Diamonds Strategy - Lab-grown diamonds are crucial for extending the fashion jewelry category [3] - Lab-grown diamonds make diamond fashion jewelry more affordable and accessible for everyday wear [3] Growth Strategy - Fashion jewelry is critical to the company's growth strategy [3]
X @Forbes
Forbes· 2025-08-13 16:20
The diamond ring soccer icon Cristiano Ronaldo used to propose to his longtime partner Georgina Rodriguez could be as large as 50 carats. How does it stack up against other famous engagement rings: https://t.co/cTgfEMBQKp ...
X @Forbes
Forbes· 2025-08-12 19:47
Engagement Ring Analysis - Cristiano Ronaldo's engagement ring to Georgina Rodriguez could be as large as 50 carats [1] - The report compares this ring to other famous engagement rings [1]
Does your engagement ring come from China? | FT #shorts
Financial Times· 2025-08-11 04:01
Industry Overview - Lab-grown diamonds can be produced in 7 days, a stark contrast to the billion years required for natural diamonds [1] - The US sees around 50% of engagement rings now featuring synthetic stones [1] Market Dynamics - China, specifically Hernand province, is estimated to be the origin of 70% of lab-grown diamonds for jewelry [2] - The influx of synthetic stones is dragging down the prices of both lab-grown and small natural diamonds [2] Competitive Landscape - The natural diamond industry is attempting to differentiate itself by labeling synthetic stones as "fakes" and "dupes," but consumer adoption continues [3] - The future of the natural diamond industry is uncertain due to the market saturation of synthetic stones [3]