De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
SGL International Opens First US Lab in New York
The London-based gemological lab is offering a mobile lab service, sending grading professionals straight to retailers and manufacturers.
New York—SGL International, a London-based gemological lab, has opened its first U.S. location in Manhattan’s Diamond District.
Located in the International Gem Tower on 47th Street, the opening marks SGL’s 16th lab worldwide, with others in the United Arab Emirates, India, and Saudi Arabia.
The move to New York will bring the lab closer to major retailers and manufacturers while eliminating the logistical challenges of working with a lab overseas.
Looking to set itself apart from the pack of labs across the Diamond District, SGL launched a mobile lab service.
Retailers can request to have a team of SGL professionals visit their stores to grade and certify finished diamond jewelry on the spot.
The team is also able to screen for lab-grown and natural diamonds using its newly-introduced Dia Screen, a lab-grown diamond screening instrument.
The machine can screen for CVD and HPHT lab-grown diamonds and natural diamonds and can also pick out moissanite and cubic zirconia.
The need to separate HPHT from CVD lab-grown diamonds can’t be underestimated, said co-director Chirag Soni.
“It’s no longer simply lab grown versus natural. The growing price distinction alone will make it critically important for the industry to separate HPHT from CVD lab-grown,” Soni said in a statement.
The machine is available for sale at the New York lab and will be soon be available throughout its network.
SGL will be exhibiting at JCK in Las Vegas at Booth 3094 in the Diamond Pavilion.
The Latest
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.
Hosted by Freeman’s | Hindman, the sale will take place May 7-8.
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.
The retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.
The bridal collection consists of 35 engagement rings and seven wedding bands.