Martin Rapaport presented a way forward for the industry at International Diamond Week.
As the world goes through great economic, social and political change, the diamond and jewelry industry faces unprecedented opportunities and challenges. The best way forward in these uncertain times is to focus your activities on what is certain and sustainable.
The following statement should be required on all marketing material, grading reports and invoices for man-made diamonds.
“Man-made diamonds do not appreciate in value like natural diamonds because they can be created in unlimited quantities and are not subject to the same supply limitations as natural diamonds.”
The Rapaport Group has published a special report delving into the key issues around lab-grown diamonds.