Diamond jewelry buyers of whatever persuasion are inclined to invest in the company’s add-on service choices, with Drosos reporting an 80% attachment rate for extended service agreements on bridal jewelry. Its services business was up 5% in the third quarter and for the year. Lab-grown diamonds are rated by the GIA’s 4Cs scale – color Jewelery News, readability, cut and carat – just like natural diamonds. Complicating the diamond jewelry scene is the rapid emergence of lab-grown diamonds as a lower-cost and more environmentally pleasant alternative to pure diamonds that have to be extracted from the earth.
- “The worry