Anglo American writes down value of diamond firm De Beers by $2.9bnDe Beers faces significant financial challenges due to the rise of lab-grown diamonds, leading to substantial writedowns and losses for Anglo American.
This Young Jewelry Designer Redefined Luxury With SeashellsDe Beers' Shining Light Awards empower young jewelry designers by fostering their talent and connecting their stories to diamonds' legacy.
Amid Gen Z's love of cheaper, lab-grown diamonds, a natural diamond giant slashes pricesDe Beers' price cuts reflect growing competition from lab-grown diamonds and changing consumer preferences in the luxury market.