Bain & Company delved into the trends shaping the luxury market, the impact of AI, and more in its recent study.
D.C. Retailer Adds Lab-Grown Diamonds to Inventory
The move from Mervis Diamond Importers came in response to increasing consumer demand, though it still remains a niche market for the company.

Washington, D.C.--Customers asked, and Mervis Diamond Importers answered.
For the first time, the Washington, D.C.-based retailer has added lab-grown diamonds to its inventory at all locations.
The move came in response to consumer demand, and the retailer said it sees the addition of the stones as just another option to offer clients.
Jonathan Mervis, the retailer’s vice president of strategy and client experience, said they had customers asking specifically about the manmade stones and when “it became obvious we couldn't convince them otherwise,” they brought in lab-grown diamonds.
“It’s always been our mission to provide an education and full service experience to our clients, helping each couple find the right diamond for them. Today’s addition of manmade diamonds to our inventory gives our shopper added confidence that she’s seen everything,” Mervis said.
The store said that consumer demand also was steering toward lab-grown diamonds specifically that are “free of conflicts overseas,” so the ones it stocks are created locally in Maryland.
Mervis said he hopes this “Made in America” factor will resonate with their shoppers.
The store’s collection of lab-growns provides a range of shapes and sizes, from 0.70 carats to 3 carats.
Mervis said most of their clients continue to want mined diamonds, and the retailer views the lab-grown market as a niche one.
The amount in their store currently represents about 10 percent of its inventory, he told National Jeweler.
Mervis Diamond Importers has three locations: Washington, D.C.; Tysons, Virginia; and Rockville, Maryland.
The Latest

The exhibition reveals the gemology, geology, and cultural history of the iconic red gemstone.

The new sweeping slate of tariffs impacts 60 countries, including India, China, Thailand, Hong Kong, and the United Arab Emirates.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

From coin pendants to diamond shields, these old world-inspired jewels are the perfect accessory for an epic journey.


Our Piece of the Week pairs a checkerboard-cut amethyst with an ivy green silk cord.

Mildred Marcano Abrams and Yael Reinhold join the podcast to talk community connections, holiday plans, and preserving Reinhold’s legacy.

DCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.

Production also was up in the first half of 2026 but is expected to “substantially” decrease in H2 as two key mines undergo maintenance.

“Art Deco” fuses ancestral techniques, rare materials, and modern perspectives as a tribute to the optimism and curiosity of the movement.

The watch company will design, manufacture, and distribute Kate Spade New York watches.

The higher tax is set to go into effect in August and will apply to loose polished diamonds as well as precious and base metals jewelry.

The “Enchanted Garden” series features a cherry, lemon, and pear that each hold a little secret inside.

The show, recently acquired by Rockview Management Group, will be held at New York City’s Javits Center from Aug. 2-4.

Smith offers retailers guidance on creating an environment where natural and lab-grown diamonds can both thrive.

Former Emerald President and CEO Hervé Sedky has transitioned to the role of senior advisor.

The 12-piece capsule collection transforms from brooches to pendants.

A Botswana government official told lawmakers Anglo has selected The Global Diamond Consortium, an entity chaired by Penny, to buy De Beers.

The new tariff, imposed after a Trump administration study, is 25 percent and will stack on top of existing tariffs.

The collection from 2014 has been reinterpreted into high jewelry with its signature triangular-shaped elements.

She will also take on the role of vice president of jewelry for SmartWork Media, a newly created position.

Organizers are looking for presentations on topics like manufacturing, technology and research, bench work, gemstones, and sustainability.

Woodley is seen in the campaign wearing our Piece of the Week, the “Frida” collar featuring 13 pieces of hand-carved Venetian glass.

A WeBuyVintage jewelry expert uncovered how much the flea market find was actually worth.

The founder of natural colored diamond wholesaler Pancis Gems shares stories from his five decades in the industry.

Submissions for the milestone 25th annual Gem Awards will be accepted across three categories from now through July 31.

Valeriya Guzema and Mariana Lenha look back on the last decade and discuss the Ukrainian brand’s first U.S. store.























