Diamond giant De Beers slashed the price of its lab-grown rocks by nearly 40%, citing their plummeting wholesale prices, the London-based company said Friday. The man-made gems, which have gained in ...

Add Yahoo as a preferred source to see more of our stories on Google. Assimon, who joined De Beers in 2020, will remain until the end of February before taking up a new job outside the group later ...

De Beers reportedly cut rough diamond prices in January, a rare retreat by the industry’s once-dominant broker as slumping demand, lab-grown stones and trade turmoil batter the global diamond market.

Add Yahoo as a preferred source to see more of our stories on Google. The diamond business has been losing its luster of late and the industry’s largest producer wants to bring some of the shine back.

De Beers is synonymous with diamonds, having coined the phrase “Diamonds are forever” back in 1947. However, the company’s own business in precious stones has been in jeopardy following mining giant ...

De Beers has cut diamond prices by 10-15%, a historically large reduction, in response to falling demand and the rise of synthetic diamonds. This move signals a significant shift in the diamond market ...

Fresh, authentic campaign connects the journeys of ‘Zillennial’ couples, who are leading the engagement recovery, with the incredible journey that natural diamonds take as the ultimate symbols of ...

Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. “Natural diamonds are the perfect symbols to celebrate life ...

De Beers hosted a cocktail reception at the art fair, followed by dinner at Markette.

The diamond business has been losing its luster of late and the industry’s largest producer wants to bring some of the shine back. De Beers is taking action to jolt demand for the precious stones ...