Interruption Or Disruption: Management Crisis Within The Diamond Business
The combination of competitors naturally driving retail costs down along with consumer consciousness of the true price of lab-created diamonds will pressure retailers to minimize back their costs. What’s generally known as ‘hybrid diamond jewellery’ also began to appear – items that function each pure and lab-created stones. The 1,098-carat diamond, believed to be the third largest gemstone-quality diamond ever found, was found at the Jwaneng mine, around seventy five miles from the country’s capital, Gaborone. In June of this year, Lightbox introduced its first ‘bridal’ jewellery with a variety of sixteen engagement rings priced as much as $US5,000.
These…Continue Reading