How Lab-Grown Diamonds Are Shifting The Idea of Luxury
Paul Zimnisky, independent diamond industry analyst discovers that Lab-created diamond is the sustainable new jewellery market slated to grow to US$15B by 2035
The post How Lab-Grown Diamonds Are Shifting The Idea of Luxury appeared first on LUXUO.
contributed reporting by Bailey Hopp
From the exclusive, limited edition footwear drops to rare, antique designer handbags, luxury comes in many forms and means something different to every person. What happens, however, when our luxury purchases are significantly impacting communities, wildlife and most importantly, our planet" Do we change our ways or do we continue down the same path with finite, dwindling resources"
This has recently been a topic of debate surrounding the diamond industry, especially with the influx of lab-grown diamonds and lab-grown diamond jewellers over the past few years. When the earth is simply not producing as many rough, natural diamonds and the mines are getting emptied, does that change our idea of luxury" Do we create an entirely new, conflict-free and ethical version of luxury that supports lab-grown diamonds" Consumers are shifting away from the long-standing idea that owning rare, unique diamond jewelry is the only way to achieve luxury every day.
How Lab-Grown Diamonds Are Shifting The Idea of Luxury
In 2018, it was reported in ?Business Insider Australia? that Australia?s biggest diamond mine, Argyle Diamonds, which produces approximately 95% of Australia?s nat...
The post How Lab-Grown Diamonds Are Shifting The Idea of Luxury appeared first on LUXUO.
contributed reporting by Bailey Hopp
From the exclusive, limited edition footwear drops to rare, antique designer handbags, luxury comes in many forms and means something different to every person. What happens, however, when our luxury purchases are significantly impacting communities, wildlife and most importantly, our planet" Do we change our ways or do we continue down the same path with finite, dwindling resources"
This has recently been a topic of debate surrounding the diamond industry, especially with the influx of lab-grown diamonds and lab-grown diamond jewellers over the past few years. When the earth is simply not producing as many rough, natural diamonds and the mines are getting emptied, does that change our idea of luxury" Do we create an entirely new, conflict-free and ethical version of luxury that supports lab-grown diamonds" Consumers are shifting away from the long-standing idea that owning rare, unique diamond jewelry is the only way to achieve luxury every day.
How Lab-Grown Diamonds Are Shifting The Idea of Luxury
In 2018, it was reported in ?Business Insider Australia? that Australia?s biggest diamond mine, Argyle Diamonds, which produces approximately 95% of Australia?s nat...
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