Falling Prices Force De Beers To Shut Down Its Lab-Grown Diamonds Brand

South African-British corporation, De Beers Group, has announced its decision to shut down its lab-grown diamond (LGD) brand called Lightbox. For the unversed, LGDs are chemically produced diamonds that look identical to natural mined diamonds. As per Statista, the lab-grown diamond industry has been growing steadily over the past decade. However, the company released a statement … Read more