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De Beers Diamond Jewellers (DBDJ) was established in 2001 as a 50:50 joint venture between The De Beers Group of Companies and LVMH, the French luxury goods company. [81] The first De Beers boutique opened in 2002 on London's Old Bond Street as the brand's flagship store. Since then, stores have opened in various cities around the world.
The Centenary Diamond is rated in color as grade D color by the Gemological Institute of America, which is the highest grade of colourless diamond and is internally and externally flawless. It was named the Centenary Diamond as it was presented in the rough for the Centennial Celebration of De Beers Consolidated Mines on 11 May 1988.
An Element Six spokesperson told Fortune that synthetic diamonds present "a significant growth opportunity for De Beers Group." The love for lab-grown diamonds. Anglo-American, a member of the ...
The Millennium Star is a diamond owned by De Beers. At 203.04 carats (40.608 g), it is the world's second-largest known top-color (grade D, i.e., colorless), internally and externally flawless, pear-shaped diamond. The diamond was discovered in the Mbuji-Mayi district of Zaire in 1990 in alluvial deposits; uncut, it was 777 carats (155.4 g). De ...
Waning demand for natural diamonds has helped lift De Beers's inventory to $2 billion, the most since the 2008 financial crash, according to the Financial Times. In fact, the value of the diamond ...
De Beers has accumulated the biggest stockpile of diamonds since 2008, the Financial Times reported. Weak demand and rising competition from lab-grown products are weighing on the diamond titan.