Natural Diamond
Natural diamonds remain the ultimate symbol of luxury and value within the UK jewellery trade, driving significant consumer demand across retail and wholesale markets. For jewellers, designers, and suppliers, understanding trends in sourcing, pricing, and consumer preferences is essential. Jewellery Focus delivers expert coverage on the natural diamond sector, including market analysis, supply chain developments, sustainability and ethical sourcing, regulatory updates, and brand strategies. Our insights help trade professionals navigate challenges and capitalise on opportunities in this cornerstone of the industry.
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Aug- 2025 -21 AugustManufacturers
De Beers delivers $2.9bn economic contribution in 2024
De Beers has contributed $2.9bn (£2.16bn) in 2024 in taxes and economic value across its host countries and reported its best-ever safety record, with a total recordable injury frequency rate of 1.2. The figures were published in the group’s 2024 sustainability report, which also highlighted progress across climate action, nature…
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Jul- 2025 -23 JulyTrade Organisations
WFDB calls for united front to support natural diamonds
The World Federation of Diamond Bourses (WFDB) president Yoram Dvash has called for a united front in response to the growing market share of synthetic diamonds, which now account for more than 20% of global jewellery sales. According to the WFDB, the rapid growth of lab-grown diamonds is reshaping the…
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9 JulyTrade Organisations
Natural Diamond Council CEO steps down
Natural Diamond Council (NDC) chief executive David Kellie has announced he will step down at the end of 2025. Kellie’s departure follows the signing of the Luanda Accord, which commits more diamond producers to support the promotion of natural diamonds through funding. He has led the NDC for nearly seven…
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May- 2025 -8 MayManufacturers
De Beers to close lab-grown diamond brand
De Beers Group has announced its intention to close its lab-grown diamond jewellery brand, Lightbox, marking its commitment to natural diamonds. As part of the closure process, De Beers Group is discussing the sale of certain assets, including inventory, with potential buyers. The business was launched with transparent linear pricing…
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Apr- 2025 -17 AprilRetailers
Bradley’s Jewellers York returns to wedding fairs
Bradley’s Jewellers York has made a return to wedding fairs in 2025, participating in two events throughout the month of March. Alongside this, the company has been hosting a consumer-facing competition to win a laboratory-grown diamond engagement ring. The Bradley’s Jewellers York team first appeared at The UK Wedding Event…
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7 AprilTrade Organisations
Natural Diamond Council launches The Diamond Learning Centre
The Natural Diamond Council has announced the launch of the not-for-profit, free Diamond Learning Center, a website aiming to engage jewellery salespeople at scale. The new offering aims to allow salespeople to be better informed and able to confidently and clearly distinguish the value propositions across natural diamonds, laboratory-grown diamonds,…
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Mar- 2025 -19 MarchFeatures
Poppy Elder on trends shaping the bespoke engagement market
Engagement ring sales have grown by 14% annually, driven by a resurgence in marriages that has reversed years of decline in the UK, according to a new analysis by online diamond retailer 77 Diamonds. Exclusive insights from 77 Diamonds suggest that this post-pandemic wedding surge has continued since 2022. As…
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Feb- 2025 -24 FebruaryManufacturers
De Beers launches DiamondProof in stores
De Beers has announced the launch of its diamond verification device, DiamondProof, in select retail stores. The device, which can distinguish natural diamonds from non-natural diamonds, will also be available in a number of independent retail outlets. The first DiamondProof prototype instrument was unveiled at the JCK show in Las…
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21 FebruaryManufacturers
De Beers revenues plummet 23% in FY24
De Beers has reported a 23% reduction in total revenues to $3.3bn (£2.61bn) year-on-year, primarily due to a 25% reduction in rough diamond sales to $2.7 billion (£2.13bn). The consequential impact of lower sales volumes, a lower average price index and higher unit costs resulted in an underlying EBITDA of…
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17 FebruaryEconomy
Average diamond price rose 2.7% in 2024
The average price of a diamond rose 2.7% to $2,360 (£1872) in 2024, according to data from the Natural Diamond Council (NDC). Furthermore, overall jewellery sales across all product segments grew 5.2% in 2024. Round diamonds still accounted for 82% of centre stones, oval cuts featured in 165 of engagement…
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