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A lab-grown diamond is a diamond. Reproducible supply still gives it different economics from a mined stone – and the ruby market showed how that plays out more than a century ago.
8.63-carat stone will lead November 11 High Jewelry auction.
Revenue down 0.5% in second fiscal quarter.
Same-store revenue up in Canada, Australia and New Zealand.
Group opens store in London, entering European market for first time.
William Goldberg jewel carries high estimate of $2.7 million.
Figure up 31% year on year in laboratory’s second quarter.
Segment, which includes Boucheron and Pomellato, records double-digit growth in third quarter.
Luxury groups are reporting strong sales at their jewelry maisons. Why isn’t the diamond trade reaping the rewards?

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