What is the Rapaport team reading? Our editors and reporters have picked out content from around the web that’s helped expand their knowledge of the diamond and jewelry industry this week.
Kamikaze Marketing: How the Natural Diamond Industry Could Have Reacted to the Lab-Grown Threat (Intellinews)
“I have long wondered at the natural-diamond industry’s response to lab-grown, and whether the approach could have been better. In this piece, Richard Chetwode, chairman of Namibian diamond miner Trustco Resources, echoes my thoughts. However, he takes it a step further, citing examples from both the beverage industry and motor companies that underscore how the situation could have been handled to benefit natural diamonds. The story even addresses De Beers’ lab-grown diamond line and its approach to undermining synthetics as a gem of value, rather than as a fashion product.”
“I have long wondered at the natural-diamond industry’s response to lab-grown, and whether the approach could have been better. In this piece, Richard Chetwode, chairman of Namibian diamond miner Trustco Resources, echoes my thoughts. However, he takes it a step further, citing examples from both the beverage industry and motor companies that underscore how the situation could have been handled to benefit natural diamonds. The story even addresses De Beers’ lab-grown diamond line and its approach to undermining synthetics as a gem of value, rather than as a fashion product.”
Leah Meirovich
Managing EditorCristiano Ronaldo Shines in $7.6M Diamonds at Monaco Champions League Draw (The Express Tribune)
“Lucara Diamond Corp. might not have expected that a 110-carat rough from its Karowe mine in Botswana would end up on the lapel of soccer player Cristiano Ronaldo. But that’s what happened to the resultant 33-carat polished, which Messika crafted into this unique piece. (You can see the background here.) The Portuguese star wore a reported $7.6 million worth of diamonds — including this brooch — at the recent Champions League draw in Monaco.”
“Lucara Diamond Corp. might not have expected that a 110-carat rough from its Karowe mine in Botswana would end up on the lapel of soccer player Cristiano Ronaldo. But that’s what happened to the resultant 33-carat polished, which Messika crafted into this unique piece. (You can see the background here.) The Portuguese star wore a reported $7.6 million worth of diamonds — including this brooch — at the recent Champions League draw in Monaco.”
Joshua Freedman
Senior AnalystInstead of Sand, This De Beers Hourglass Makes Use of 2,000 Diamonds That Cascade in a Mesmerizing Display (Luxury Launches)
“As the article mentions, De Beers’ hourglass containing 2,000 diamonds weighing about 36 carats could be compared with the one created seven years ago by Apple designer Marc Newson that used nanoballs. As someone who doesn’t wear jewelry but loves tech gadgets, this hourglass makes me look forward to seeing more luxury products that contain diamonds try to compete with jewelry.”
“As the article mentions, De Beers’ hourglass containing 2,000 diamonds weighing about 36 carats could be compared with the one created seven years ago by Apple designer Marc Newson that used nanoballs. As someone who doesn’t wear jewelry but loves tech gadgets, this hourglass makes me look forward to seeing more luxury products that contain diamonds try to compete with jewelry.”
Vanina Pikholc
Podcast and Video ProducerA Mushroom or Frog for a Ring? One Jewelry House Does Whimsical Jewels Best, and It’s Chopard (Peak Magazine)
“This article caught my interest when I saw the images of the fun, unique and whimsical jewels Chopard had created. The 77 exquisite whimsical designs bring fairy tales to life. The Red Carpet Collection, which was designed for the Cannes Film Festival in May and is titled Contes de Fees — French for fairy tales — is inspired by childhood stories. The unique items are made of the finest gems, gold and titanium, due to its light weight. The pieces are beautiful and colorful earrings, tiaras, necklaces and rings featuring butterflies, mushrooms, frogs and other fairy tale-inspired objects.”
“This article caught my interest when I saw the images of the fun, unique and whimsical jewels Chopard had created. The 77 exquisite whimsical designs bring fairy tales to life. The Red Carpet Collection, which was designed for the Cannes Film Festival in May and is titled Contes de Fees — French for fairy tales — is inspired by childhood stories. The unique items are made of the finest gems, gold and titanium, due to its light weight. The pieces are beautiful and colorful earrings, tiaras, necklaces and rings featuring butterflies, mushrooms, frogs and other fairy tale-inspired objects.”
Suzanne Watkin
News WriterMain image designed by David Polak.
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