Category: Synthetics

CIBJO Sticks with ‘Synthetics’ Moniker Despite Industry Pushback

Organization received letter from group of senior trade members requesting a deferral of final decision.

Amit Shah wants country to develop machines and brands, manufacture, and open showrooms to sell synthetics.

Mehul Shah argues that governments should enforce nomenclature for synthetics in a way consumers can understand.

Exchange wants UK trade to use term for grown stones, saying it is more accurate and internationally accepted.

Synthetics market in UAE grew a record 92% by volume last year to 76.9 million carats.

Organization believes the word “synthetic” will be clearer for consumers.

Collections will debut at new flagship stores in Barcelona and Milan.

Guidelines aim to enhance transparency in labeling and describing synthetics.

Novita Diamonds and Linjer both put out promotions without synthetic qualifiers.

Jeweler to disclose all emissions on every synthetic diamond it sells.

Executive compensation in the diamond and jewelry sector tends to track the market’s health – but the global situation is complex.