Editors

Charles Stanley’s notes on Forevermark

EditorsJun 02, 2011

Charles Stanley’s notes on Forevermark

After speaking with Forevermark CEO Stephen Lussier in London a few weeks ago, Charles Stanley, who heads De Beers’ branded diamond program here in the United States, took some time last week to provide more specifics on how Forevermark will...

After speaking with Forevermark CEO Stephen Lussier in London a few weeks ago, Charles Stanley, who heads De Beers’ branded diamond program here in the United States, took some time last week to provide more specifics on how Forevermark will work in the U.S. market.

This upcoming week marks a big one for the launch of Forevermark here, as De Beers will unveil the marketing plans for its branded diamond to retailers at the Las Vegas jewelry shows.

Forevermark already is available via pilot sale programs at two retailers, Borsheims in Omaha, Neb. and five San Diego-area Ben Bridge Jewelers.

Forevermark will launch in the fourth quarter. Though Lussier said that he’s more concerned with doing it right then rushing to market before the program’s ready, a Forevermark executive told me they are “definitely” launching in the United States at the end of the year and will be sharing their plans with Forevermark retailers in Las Vegas.

Retailers will be able to sell Forevermark jewelry online (and in fact they already are). But they won’t be allowed to sell Forevermark loose diamonds on the Internet, Stanley said. And the price of the online product has to be the same as what they are charging in the store. Stanley said he doesn’t seem inter-market competition as being a big issue because so much of what drives people to shop online over going to stores these days is price--which won’t be an issue here--and because retailers have the freedom to create their own designs. A customer that sees a piece they like at Jeweler A won’t necessarily be able to find that same design and buy it online from Jeweler B.

He added that the nature of the program, which includes a viewer customers can use to see the Forevermark inscription, lends itself to more in-store sales and that’s where he expects jewelers to do the majority of Forevermark business.

“We’re not frankly expecting a lot of diamond sales to be made online. We fundamentally believe that to get the full experience of buying a diamond it needs to be done in store,” he said.

Discounting is a no-no. Stanley said there are clauses in the retailers’ contracts that pertain to discounting. And though he wouldn’t say if markdowns are strictly forbidden, he did say this: “We don’t see this as a product that should be heavily discounted or marked down.”

The cost of the program is...$10,000 per year for a store.

De Beers doesn’t see Forevermark as conflicting with the De Beers Diamond Jewellers stores it operates through a joint venture with LVMH. Forevermark enables retailers to use the equity of the De Beers Group name and extend it to their customers through a separate brand, Stanley said. He said one element of the program that further sets Forevermark apart is the fact that each of these diamonds go through the Forevermark Diamond Institute (FDI) in Antwerp.


I actually had the chance to visit FDI while in Europe a couple of weeks ago, and it was an interesting operation to be sure. The Institute housed about 5,000 loose stones on two floors and about 500 a day go through the process of becoming Forevermark diamonds, complete with the brand’s signature inscription.

Each diamond goes through a total of 27 steps to make sure it meets Forevemark standards, is not treated and gets inscribed. Forevermark standards dictate that a stone must be at least very good cut, L color (all colors are accepted for stones that are two carats or larger in size) or fancy colored, and SI2 clarity. De Beers will supply a Forevermark-branded grading report to customers that want them though it is not mandatory.

Stanley said there is a “clear light” between De Beers-branded stores and its branded diamond. He also noted that Forevermark diamonds won’t be offered in De Beers’ stores.

Here’s one last item regarding the jewelers that are already carrying Forevermark. Lussier told me that’s it’s “just a coincidence” that both retailers currently carrying Forevermark--Ben Bridge and Borsheims--are both Berkshire Hathaway-owned jewelers. Just in case anybody was wondering...


Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.

The Latest

Dawn dish soap, Dove soap, M&M candy, Tylenol
SurveysJan 30, 2026
These Are the Top Brands of 2026, Says YouGov

From tech platforms to candy companies, here’s how some of the highest-ranking brands earned their spot on the list.

Etiq Khol Ring
CollectionsJan 30, 2026
Follow the Beat With Etiq’s ‘Khol’ Ring

The “Khol” ring, our Piece of the Week, transforms the traditional Indian Khol drum into playful jewelry through hand-carved lapis.

Arch Crown Tag & Label 2026 Catalog
MajorsJan 30, 2026
Arch Crown’s 2026 ‘Tag & Label’ Catalog Is Here

The catalog includes more than 100 styles of stock, pre-printed, and custom tags and labels, as well as bar code technology products.

MJSA Apprenticeship Guide
Brought to you by
The MJSA Mentor & Apprenticeship Program: Attracting & Training the Next Generation of Bench Jewelers

Launched in 2023, the program will help the passing of knowledge between generations and alleviate the shortage of bench jewelers.

Ghirardelli Chocolocket
CollectionsJan 29, 2026
Ghirardelli’s ‘Chocolocket’ Returns for Valentine’s Day

The chocolatier is bringing back its chocolate-inspired locket, offering sets of two to celebrate “perfect pairs.”

Weekly QuizJan 29, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Step-cut Colombian emerald ring London Jewels Bonhams
AuctionsJan 29, 2026
These Were Bonhams’ Top 10 Jewelry Lots in 2025

The top lot of the year was a 1930s Cartier tiara owned by Nancy, Viscountess Astor, which sold for $1.2 million in London last summer.

Red Rubies AGTA
SourcingJan 29, 2026
Stuller Website to Mark AGTA-Sourced Gemstones

Any gemstones on Stuller.com that were sourced by an AGTA vendor member will now bear the association’s logo.

JamAlert 1872x1052.png
Brought to you by
How Jewelers Can Fight Back Against Cell Jammers

Criminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.

Audemars Piguet Atlanta Store Artwork
WatchesJan 29, 2026
Audemars Piguet Opens AP House in Atlanta

The Swiss watchmaker has brought its latest immersive boutique to Atlanta, a city it described as “an epicenter of music and storytelling.”

Anza Gems gemstones
SourcingJan 28, 2026
Ethical Gem Fair to Debut Designer Showcase in Tucson

The new addition will feature finished jewelry created using “consciously sourced” gemstones.

National Jeweler columnist and jewelry sales expert Peter Smith
ColumnistsJan 28, 2026
Peter Smith: Setting the Next Generation Up for Success

In his new column, Smith advises playing to your successor's strengths and resisting the urge to become a backseat driver.

Hand holding shopping bags
SurveysJan 28, 2026
Consumer Confidence Falls Below Pandemic Lows in January

The index fell to its lowest level since May 2014 amid concerns about the present and the future.

Foundrae Aspen Store
IndependentsJan 28, 2026
Foundrae Heads to Aspen for Latest Store Opening

The new store in Aspen, Colorado, takes inspiration from a stately library for its intimate yet elevated interior design.

Bulgari Gioco di Forme e Colori watch and brooch
FinancialsJan 28, 2026
Tiffany & Co., Bulgari Sales Resilient as LVMH’s 2025 Sales Slip

The brands’ high jewelry collections performed especially well last year despite a challenging environment.

GemFair x DBL Toi et Moi Ring
CollectionsJan 27, 2026
De Beers London, GemFair Debut New Collection Highlighting Artisanal Diamonds

The collection marks the first time GemFair’s artisanal diamonds will be brought directly to consumers.

Montana sapphire
SourcingJan 27, 2026
GemGuide Launches Pricing for Montana Sapphires

The initial charts are for blue, teal, and green material, each grouped into three charts categorized as good, fine, and extra fine.

Clientbook
TechnologyJan 27, 2026
Clientbook Launches Appointment Booking Tool

The new tool can assign the appropriate associate based on the client or appointment type and automate personalized text message follow-ups.

Columbia Gem House celestial shapes
SourcingJan 26, 2026
Tucson Preview 2026: Earthy Tones and Innovative Shapes

Buyers are expected to gravitate toward gemstones that have a little something special, just like last year.

Diamond center in Saurimo, Angola
SourcingJan 26, 2026
Angolan Diamond Cos. Join NDC as Rio Tinto, Murowa Exit

Endiama and Sodiam will contribute money to the marketing of natural diamonds as new members of the Natural Diamond Council.

Francesca’s boutique
MajorsJan 26, 2026
Francesca’s To Close All Stores

The retailer operates more than 450 boutiques across 45 states, according to its website.

Thomas Davis, Monalisa DePina, Jamie Batiste, Namwezi Nicole Batumike, Lavina Hunt-Lewis
MajorsJan 26, 2026
BIJC Names 5 New Board Members

The new members’ skills span communications, business development, advocacy, and industry leadership.

Tiffany & Co. Celebrating Love Stories Since 1837 Campaign
CollectionsJan 26, 2026
Tiffany & Co. Celebrates 189 Years of Love Stories

The jeweler’s 2026 Valentine’s Day campaign, “Celebrating Love Stories Since 1837,” includes a short firm starring actress Adria Arjona.

DCA colored gemstone course
GradingJan 26, 2026
DCA Updates Colored Gemstone Course

The new features include interactive flashcards and scenario-based roleplay with AI tools.

Deutsch & Deutsch jewelers team
MajorsJan 23, 2026
Watches of Switzerland Acquires 4-Store Jewelry Chain in Texas

Family-owned jewelry and watch retailer Deutsch & Deutsch has stores in El Paso, Laredo, McAllen, and Victoria.

Baume & Mercier Riviera 10812 pink watch
WatchesJan 23, 2026
Damiani Group to Acquire Baume & Mercier

The Italian luxury company purchased the nearly 200-year-old Swiss watch brand from Richemont.

Martin Katz snowflake earrings
TrendsJan 23, 2026
Martin Katz’s Earrings Call to Mind Wintry Weather

Micro-set with hundreds of diamonds, these snowflake earrings recreate “winter’s most elegant silhouette,” and are our Piece of the Week.

Ella Blum
MajorsJan 23, 2026
Rembrandt Charms Names New Director of Creative, Brand Strategy

Ella Blum was appointed to the newly created role.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy