De Beers to Discontinue Lab-Grown Diamond Brand ‘Lightbox’ Amid Sharp Price Decline
Editor’s NoteDe Beers Group has announced the discontinuation of its lab-grown diamond brand, Lightbox, citing significant price erosion in the…
Editor’s NoteDe Beers Group has announced the discontinuation of its lab-grown diamond brand, Lightbox, citing significant price erosion in the…
Editor’s NoteThis article details De Beers’ strategic exit from the lab-grown diamond consumer market with the closure of its Lightbox brand, marking…
Editor’s NoteThe diamond industry faces a seismic shift as De Beers, once the undisputed price-setter for over a century, grapples with a $2 billion…
Editor’s NoteThis article examines how De Beers’ iconic 1947 “A Diamond is Forever” campaign transformed a luxury item into a universal symbol of…
Editor’s NoteAnglo American’s latest financial report underscores the mounting pressures within the diamond sector, as reflected by a $2.9 billion…
Editor’s NoteAnglo American’s $3.1 billion net loss for 2024 underscores the severe and ongoing challenges within its De Beers diamond unit, which…
Editor’s NoteThis article examines the end of De Beers’s secretive “sight holder” sales system, a decades-old practice that shaped the global diamond…
Editor’s NoteThe sale of De Beers, the world’s diamond leader, has become a significant challenge for parent company Anglo American. As this article…
Editor’s NoteThe iconic slogan “A diamond is forever” faces a modern test as De Beers, the historic titan of the industry, confronts a profound…
Editor’s NoteDe Beers’ diamond stockpile has reached a 15-year high of $2 billion, reflecting a challenging market environment. The company faces a…