Lab-grown diamond news and archive

The Diamond Lab to open standalone store on New Bond Street

London-based The Diamond Lab, the fine jewellery brand that utilises lab-grown diamonds, is set to open its debut flagship store on New Bond Street this spring. The Diamond Lab, founded by Jamie Amelia Patel, has signed a 10-year lease for 109 New Bond Street, a 3,000-square-foot store spanning a basement, ground, first, second and third floors....

BusinessFeatured

The Diamond Lab secures funding to open debut flagship store in London

The Diamond Lab, the self-funded jewellery brand that started from a social experiment, has secured 450,000 pounds of funding to expand onto the British high street and educate customers about lab-grown diamonds. The London-based business, founded by Jamie Amelia Patel, secured its first round of private financing led by investor James Shulman...

Fashion |Jewellery Featured

Pandora launches lab-grown diamond collection in North America

Danish jeweller Pandora is launching its lab-created Pandora Brilliance diamond collection in the US and Canada on August 25, following a successful pilot last year in the UK. The lab-created diamond collection is part of the company’s aim to transform the market for diamond jewellery with more affordable products, while also "greatly reducing...

Business

Lab-grown diamond producer Lusix raises 90 million US dollars

Israeli-based lab-grown diamond producer Lusix has completed an investment round of 90 million US dollars involving high-profile investors including LVMH Luxury Ventures. In a statement, Lusix said that the round was led by the French luxury conglomerate’s investment arm LVMH Luxury Ventures, alongside Israeli’s Ragnar Crossover Fund and...