The retailer failed to file its annual report on time and said it may issue a going concern warning.
Stuller Joins Diamond Growers’ Group
The association representing lab-grown diamond companies now has 20 members from eight countries.
Morrisville, N.C.--Manufacturer and supplier Stuller Inc. is the newest member of the International Grown Diamond Association.
Launched in February, the IGDA is made up of leading lab-grown diamond growers, distributors, suppliers, retailers and technical experts. Its goal is to represent the lab-grown diamond industry, promote lab-grown diamonds and educate about the qualities and applications of the stones.
Lafayette, La.-based Stuller, which is the largest jewelry supplier and manufacturer in the United States, announced that it was now selling lab-grown diamonds earlier this year.
According to the IGDA, in the four months since its launch, a total of 21 lab-grown diamond companies and technical experts have joined as members, spanning the United States, China, Singapore, India, Philippines, Russia, Canada and Hong Kong.
Existing IGDA members are: IIa Technologies, Microwave Enterprises, WD Lab-Grown Diamonds, New Diamond Technology, Scio Diamond, Golcondia, Pure Grown Diamonds, Polished Diamond Company, Diamond Foundry, MiaDonna & Company, Chatham Created Gems & Diamonds, Nu-mined Diamonds, Fair Trade Jewellery Co., The Gold Concept Jewelry and Design, Caraxy, M. Geller, Schubach Enterprises, D.NEA and DM Gems India.
Editor's note: This article was updated post-publication to reflect the fact that the lab-grown diamond company once known as Washington Diamonds is now known as WD Lab-Grown Diamonds.
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