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De Beers Group to discontinue lab-grown diamond business

Posted ByLuxury Daily News ServiceOn In Commerce,Industry sectors,Jewelry,News | No Comments
The company is shuttering its Lightbox brand, initially launched in 2018, citing continued price declines in the category. Image credit: De Beers Group The company is shuttering its Lightbox brand, initially launched in 2018, citing continued price declines in the lab-grown category. Image credit: De Beers Group

 

By Luxury Daily News Service

Diamond company De Beers Group is getting out of the man-made gemstone game.