Retailers are seeing increased demand and very few drawbacks to selling lab-grown diamonds. Is this the dawn of a détente between supporters of mined versus man-made gems, or simply a temporary cease-fire?
The jewelry industry’s long-standing fear of lab-grown diamonds appears to be rapidly disappearing. Instead of complaining about the potential damage nontransparency could wreak and the adverse effect man-made stones could have on the global diamond market, retailers are chanting about the emerging business opportunities.
Consumers, too, have shown a willingness to embrace lab-grown diamonds and are gladly eschewing stones mined from the earth in favor of manufactured gems—particularly if