With parent company Anglo American ready to divest from De Beers, observers are raising questions about all that the influential diamond business offers.
The aging of the industry, the difficulties of owning a store these days and the lack of new blood are contributing to a systemic decline of independent retail jewelry stores.
The advent of G7 Russian sanctions is driving the need to identify and certify the mined source of diamonds — a move that’s as much a commercial necessity as a legal requirement.