“She really did not want a natural diamond because of the child labor [concerns],” said Henshall.
A lab-grown diamond made with solar power.
Made largely in China and India, lab-grown diamonds are produced using heat and pressure but without any mining.
Three years later the former retail executive started selling lab-grown diamonds produced in a solar-powered factory in Gujarat, India.
The volume and quality can vary but is a good barometer of appetite for natural diamonds, as well as prices.
Persons:
Peter Henshall, Tasha Mawdsley, Tasha, ”, Henshall, “, Peter aren’t, Paul Zimnisky, Pandora, Laura Lambert, Fenton, “ It’s, We’ve, ” Lambert, ” Beth Gerstein, David Kellie, De Beers, De, Lightbox, LVMH, Cartier, Richemont, Kyle Grant, Grant, it’s, Yusuf Khan
Organizations:
Natural Diamond, Business, First Insight, Baker Retailing, Wharton School, University of Pennsylvania, Diamond Exchange, Miners, De Beers, yusuf.khan@wsj.com Corrections, Amplifications
Locations:
Ibiza, China, India, Danish, London, Gujarat, U.S, Amplifications Danish