ColumnistsJan 22, 2025
On Data: How Did Independent Jewelers Fare in 2024? Sherry Smith shares data on the year gone by, including the breakdown between natural and lab-grown diamond sales.
IndependentsAug 15, 2017
Diamond Foundry-Owned Brand to Open First Retail Location
The man-made diamond startup purchased Vrai & Oro last year and now will open a store in L.A.
Since its purchase by man-made diamond company Diamond Foundry, Vrai & Oro has ventured into larger diamond pieces, like these 2-carat total weight emerald-cut lab-grown diamond stud earrings from the Black collection, which retail for $8,210.
Los Angeles--Diamond Foundry, the San Francisco-based man-made diamond company backed by various Silicon Valley and Hollywood types, is breaking new ground with a store opening this week.
Vrai & Oro, the Los Angeles fine jewelry label that was purchased by Diamond Foundry in November of last year, is opening a store in downtown L.A. at the ROW DTLA shopping center this week.
It’s the first brick-and-mortar location for Vrai & Oro, which previously sold jewelry online only and markets itself as a company that sells to its customers without a retail markup.
The new store is 680 square feet and will sell all three of Vrai & Oro’s collections featuring Diamond Foundry diamonds: Essentials, which consists of everyday diamond and 14-karat gold pieces like pendants and stacking rings priced under $1,000, with most of it retailing for under $500; the Vow collection, Vrai & Oro’s fore into bridal; and its recently launched Black collection, which also consists of everyday diamond pieces but with larger stones. It’s priced from $2,080 for a 0.65-carat rose-cut diamond pendant necklace to $8,460 for 2-carat diamond stud earrings.
A spokesperson indicated to National Jeweler that the addition of larger-sized diamond pieces from the Vow and Black collections helped inspire the company to open a space where customers could see the pieces in person.
“We’re excited to be able to offer in-person appointments for larger purchases, such as engagement rings, as well as showcasing exclusive limited-edition designs,” she said, adding that the space would also offer education about Diamond Foundry-created stones.
Diamond Foundry developed its own solar power technology to create its man-made diamonds, growing them in plasma reactors at their San-Francisco location. Diamonds are cut and polished on-site and graded by the Gemological Institute of America.
The company has initiated a slew of partnerships with prestigious retailers--such as Barney’s and Portland, Oregon independent jeweler Twist--and designers over the past year.
Diamond Foundry counts Leonardo DiCaprio as an investor, and Wendi Murdoch and fashion entrepreneur Miroslava Duma as brand ambassadors.
Vrai & Oro’s brick-and-mortar store will be open to the public beginning this Saturday, with an exclusive opening event held on Friday.
Vrai & Oro’s 18-karat rose gold oval rose-cut 0.65-carat diamond ring with a Diamond Foundry-grown diamond ($2,400)
One-carat round brilliant Diamond Foundry-created diamond pendant necklace in 18-karat white gold ($4,515)
“Door Knocker” studs in 18-karat yellow gold with 1-carat total weight rose-cut Diamond Foundry-grown diamonds ($2,570)
More on Independents
The Latest
Policies & IssuesJan 22, 2025
Jewelers Mutual Steps Up Aid for LA Jewelry BusinessesThe company also is matching donations made to Jewelers of America and the Diamond Council of America’s Jewelers Relief Fund.
Events & AwardsJan 22, 2025
JA Seeking Nominations for Its Next ‘20 Under 40’ ClassNow in its fourth year, the program is expanding to include a list of “20 Under 40” for jewelry suppliers.
Brought to you by
3 New Year’s Resolutions for Jewelry Lovers The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
SurveysJan 22, 2025
Holiday Sales Hit Record High, Says NRFCore retail sales during the 2024 holiday season surpassed the National Retail Federation’s forecast.
Weekly QuizJan 16, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CollectionsJan 22, 2025
Foundrae’s New Collection Channels the Power of NowThe “Reach for Life” collection uses feather and arrow motifs to invite growth and inner curiosity.
ColumnistsJan 21, 2025
Peter Smith: Sales Training’s Dirty Little SecretPeter Smith pulls back the curtain on the often misinterpreted, and sometimes maligned, world of sales training.
Brought to you by
A Diamond Is Forever Celebrates "Forever Present" Holiday CampaignA Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
TrendsJan 21, 2025
Amanda’s Style File: Decadent Mocha MoussePantone’s 2025 Color of the Year takes the form of jewelry through gemstones and enamel that look just as delicious as mocha mousse.
Policies & IssuesJan 21, 2025
These Designers and Retailers Are Raising Money for LA Wildfire Relief From raffles to auctions to donations, the industry is working to aid charities in Los Angeles amid the raging wildfires.
SourcingJan 21, 2025
Diamonds Do Good Adds 2 Board MembersJulia Hackman Chafé and Monica Elias have joined the organization’s board of directors.
FinancialsJan 17, 2025
Richemont’s Jewelry Sales Rise 14% in Holiday QuarterThe company, which owns Cartier and Van Cleef & Arpels, had a record Q3, with sales topping $6 billion.
CollectionsJan 17, 2025
Piece of the Week: Picchiotti’s Transformable ‘Classic Blue and Green’ NecklaceThe necklace features a sapphire drop weighing more than 9 carats that detaches to transform into a ring.
MajorsJan 17, 2025
Tiffany & Co., CFDA Name First Winner of Jewelry Designer AwardJameel Mohammed, founder of Afrofuturist brand Khiry, will receive a cash prize and a one-year paid fellowship with Tiffany & Co.
WatchesJan 16, 2025
Timex Launches Collection of National Park WatchesThe watches’ dials feature artwork celebrating the vibrant energy and unique landscapes of six of America’s national parks.
AuctionsJan 16, 2025
Elizabeth Taylor’s Diamond Line Bracelet Going up for Auction Offered by U.K. auction house Woolley & Wallis, the yellow diamond bracelet was a gift from Taylor’s good friend Michael Jackson.
Events & AwardsJan 16, 2025
JCK Las Vegas 2025 Open for RegistrationThe jewelry trade show returns to The Venetian Expo and The Venetian Resort in Las Vegas from June 6 to 9.
EditorsJan 15, 2025
The Jewelry I’d Bid On in Christie’s Iris Apfel AuctionAssociate Editor Natalie Francisco highlights her favorite fashion jewelry pieces from the upcoming “Unapologetically Iris” auction.
MajorsJan 15, 2025
Macy’s to Close 66 Stores as Part of Turnaround StrategyThe closures are part of the retailer’s plan to close 150 locations over a three-year period.
Policies & IssuesJan 15, 2025
JVC Debuts Guide to Americans with Disabilities Act ComplianceThe online guide is available for free and written with the jewelry industry in mind.
Events & AwardsJan 15, 2025
Jose Hess Design Awards Open for SubmissionsThe awards honor the late Jose Hess, a founding member of AJDC and an award-winning jewelry designer.
GradingJan 14, 2025
GIA CEO, President Susan Jacques to Retire at the End of 2025The grading lab said the search for her successor is underway.
ColumnistsJan 14, 2025
Jules Kim: Building Bridges Between Creators and IndustryIn this special op-ed, designer Jules Kim calls on big brands to collaborate with independent creators instead of copying their designs.
GradingJan 14, 2025
Former SSEF Director Henry A. Hänni DiesA pioneering figure in gemology, he is remembered for his spirit of generosity, curiosity, and joy.
FinancialsJan 14, 2025
Signet Jewelers Lowers Q4 Guidance After Holiday Sales Fall ShortThe peak selling days leading up to Christmas did not meet the jewelry retailer’s expectations.
MajorsJan 14, 2025
Edouard Schneider Joins Messika as Chief Brand OfficerSchneider brings over 20 years of luxury and fashion industry experience to his role as a key member of the brand’s global leadership team.
SourcingJan 13, 2025
Zambia Reinstates 15% Export Duty on Precious Gemstones, Shocking GemfieldsGemfields said the Zambian government revoked the 2019 suspension of the tax with no warning.
