
Disruption in the diamond sector
Business Daily
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Lab-Grown Diamonds and Their Impact on the Jewelry Industry
This chapter explores the emergence of lab-grown diamonds in the market and their significant price difference compared to natural diamonds. It also discusses the Federal Trade Commission's classification of lab-grown diamonds as real diamonds and highlights the interest shown by major jewelry brands, such as Pandora, in using lab-created diamonds to offer a better price point to a mass market audience.
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