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France
Without Chanel support, France's only diamond laboratory disappears

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Europe, Russia

Jewellery sector's quest for clarity

With Russia a leading producer, diamonds have seen their prices plummet since the start of the war in Ukraine. The industry, highly concentrated around a few major players, has been experimenting with synthetic stones and other gems, but is struggling to find a clear-cut solution. The real issue is traceability, which is currently impossible to implement. [...]

The Diam Concept synthetic diamond company, faced with international competition and prevarication by jewellery houses, has just been wound up. Chanel had backed it for a while but in the end pulled the plug on the struggling firm. [...]

Published on 19/12/2024 at 05:00 GMT Reading time 2 minutes Zélie de Crécy, Philippe Vasset

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Entourage

Read this article in our running story

“Jewellery sector's quest for clarity”

Europe, Russia

Jewellery sector's quest for clarity

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Alix Gicquel
Chanel
Courbet
Diam Concept
Hiqute Diamond
International Gemological Institute
Vever

France, Japan
Tasaki pearls to get showcase on Rue de la Paix

The Japanese jewellery maker, which was bought by Asian equity funds last December and is in the select circle of jewellers supplied by De Beers, is preparing to open its first own-brand boutique in Paris.

Subscribers only Houses 27.03.2025

France
Brown diamonds behind Diam Concept lab closure

France's one and only manufacturer of laboratory diamonds shut up shop on 11 December. The firm's failure highlights the challenges of meeting jewellers' strict requirements for flawless synthetic stones.

Subscribers only Entourage 23.01.2025

China, France
The ill-fated Chinese venture that precipitated Courbet's receivership

An unsuccessful attempt to break into the Chinese market dealt a severe financial blow to Courbet, a Paris-based firm that specialises in laboratory diamonds. The brand, which has the backing of Chanel, has filed for receivership and has begun restructuring.

Subscribers only Houses 16.01.2025

France, India
Unsaid's lab-grown diamonds move up to Place Vendôme

The Indian synthetic diamond jewellery brand is to open a three-storey flagship boutique in Paris's traditional jewellery district in December.

Subscribers only Houses 17.10.2024

Switzerland
Rupert clan bears hefty diamond loss

Richemont's main shareholders waved goodbye to some €50m invested in two South African mines that turned out to be money pits.

Subscribers only Families 19.09.2024

France, Israel
Private diamond brokerage rocked by mega trial

The trial of the French-Israeli "Bluediams" network, accused of defrauding more than 200 victims, opens on 20 October in Nancy, eastern France. It is the first major trial to hit the private diamond brokerage business, which is as prosperous as it is scam-prone.

Subscribers only Entourage 05.09.2024

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Alix Gicquel
Chanel
Courbet
Diam Concept
Hiqute Diamond
International Gemological Institute
Vever

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France
Without Chanel support, France's only diamond laboratory disappears

Jewellery sector's quest for clarity

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Jewellery sector's quest for clarity

Set up email notifications for these topics

France, Japan
Tasaki pearls to get showcase on Rue de la Paix

France
Brown diamonds behind Diam Concept lab closure

China, France
The ill-fated Chinese venture that precipitated Courbet's receivership

France, India
Unsaid's lab-grown diamonds move up to Place Vendôme

Switzerland
Rupert clan bears hefty diamond loss

France, Israel
Private diamond brokerage rocked by mega trial

France
Chanel calls quits on French lab-grown diamond producer

Europe, United States
Diamond industry goes all out in campaign to crush synthetic stones

United States
De Beers continues crusade against synthetic diamonds in NYC

Russia
Luxury jewellers seek alternative solutions now that Russian diamonds are off limits

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Indigo Publications' websites

About Glitz

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Indigo Publications' websites

The geopolitics of fake goods

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France Without Chanel support, France's only diamond laboratory disappears

Jewellery sector's quest for clarity

This article may be accessed by subscribers

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Create your free account

create a free account

Jewellery sector's quest for clarity

Set up email notifications for these topics

France, Japan Tasaki pearls to get showcase on Rue de la Paix

France Brown diamonds behind Diam Concept lab closure

China, France The ill-fated Chinese venture that precipitated Courbet's receivership

France, India Unsaid's lab-grown diamonds move up to Place Vendôme

Switzerland Rupert clan bears hefty diamond loss

France, Israel Private diamond brokerage rocked by mega trial

France Chanel calls quits on French lab-grown diamond producer

Europe, United States Diamond industry goes all out in campaign to crush synthetic stones

United States De Beers continues crusade against synthetic diamonds in NYC

Russia Luxury jewellers seek alternative solutions now that Russian diamonds are off limits

Set up email notifications for these topics

About Glitz

Subscription

Glitz on social media

Indigo Publications' websites

France
Without Chanel support, France's only diamond laboratory disappears

France, Japan
Tasaki pearls to get showcase on Rue de la Paix

France
Brown diamonds behind Diam Concept lab closure

China, France
The ill-fated Chinese venture that precipitated Courbet's receivership

France, India
Unsaid's lab-grown diamonds move up to Place Vendôme

Switzerland
Rupert clan bears hefty diamond loss

France, Israel
Private diamond brokerage rocked by mega trial

France
Chanel calls quits on French lab-grown diamond producer

Europe, United States
Diamond industry goes all out in campaign to crush synthetic stones

United States
De Beers continues crusade against synthetic diamonds in NYC

Russia
Luxury jewellers seek alternative solutions now that Russian diamonds are off limits