De Beers Group said Thursday that it plans to close Lightbox, its lab-grown diamond jewelry brand, saying that the closure reinforces its “commitment to natural diamonds in the jewelry sector.” ...

Diamond giant De Beers has drawn interest from at least six consortia, including billionaire Anil Agarwal, Indian diamond ...

Look! – stock.adobe.com Meanwhile, De Beers — the world’s largest diamond producer — late last month unveiled a new diamond ‘verification’ machine that it’s selling to retailers as a ...

A $200 diamond has a nice ring to it. De Beers rocked the gem industry by announcing that it will start selling synthetic diamond jewelry for the first time in its 130-year history this fall ...

De Beers Group is getting out of the business for lab-made diamond jewelry, shutting down its Lightbox brand and refocusing on naturally occurring gems after a steep decline in the price of ...

Diamond giant De Beers has seen its stockpile reach $2 billion, the biggest since the 2008 financial crisis, according to the Financial Times. "It’s been a bad year for rough diamond sales." ...

The world's dominant diamond company is changing its marketing strategy LONDON (CNNfn) - De Beers is to diamonds what McDonalds is to hamburgers. The company controls 60 percent of the world's $50 ...

PARIS — De Beers has called time out on its test-run of lab-grown diamond engagement rings, the company said Wednesday. Going forward, its lab-grown subsidiary Lightbox will continue to focus on ...

De Beers made one of the steepest cuts to its diamond prices in years, as the world’s top producer tries to revive gem sales after the market ground to a halt. The industry almost came to a ...

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 ...

By Clara Denina LONDON (Reuters) -Diamond giant De Beers has drawn interest from at least six consortia, including ...