Connect with us

Headlines

Pandora to Roll Out Lab-Grown Diamonds in North America

Prices start from $300 and each stone ranges from 0.15 to 1 carat.

mm

Published

on

Pandora is launching lab-created diamond jewelry in the U.S. and Canada.

The 33-piece collection, called Pandora Brilliance, will includes rings, bangles, necklaces and earrings. It will be available purchase starting Aug. 25, according to a press release.

The collection is Pandora’s first to be crafted with 100 percent recycled silver and gold.

Prices start from $300 and each stone ranges from 0.15 to 1 carat.

More from the release:

“The future of luxury is here today. Lab-created diamonds are just as beautiful as mined diamonds, but available to more people and with lower carbon emissions. We are proud to broaden the diamond market and offer innovative jewellery that sets a new standard for how the industry can reduce its impact on the planet,” said Pandora CEO Alexander Lacik.

Advertisement

The global diamond jewellery market is estimated at US$84 billion. The market is expected to continue to grow, and lab-created diamonds are outpacing the industry’s overall growth. The U.S. is the world’s largest diamond jewellery market.

Diamonds grown in the U.S. with low CO2

Lab-created diamonds are identical to mined diamonds, but grown in a laboratory rather than excavated from a mine. They have the same optical, chemical, thermal and physical characteristics and are graded by the same standards known as the 4Cs – cut, colour, clarity and carat. Pandora’s lab-created diamonds are grown, cut and polished using 100% renewable energy and have a carbon footprint of only 8.17 kg CO2e per carat – five percent of that of a mined diamond.

The lab-created diamonds are grown in the U.S. and point to a future of low-carbon diamonds for jewellery and industrial use. For perspective, if all diamonds were mined with the same low carbon footprint as Pandora’s lab-created diamonds, it would save more than 6 million tons of CO2e annually – this is similar to replacing all cars in New York City with electric vehicles.

First collection with 100% recycled silver and gold

To further reduce climate impact of the jewellery, it is the first Pandora collection crafted with 100% recycled silver and gold. This brings greenhouse gas emissions of the collection’s entry product – a silver ring with a 0.15 carat lab-created diamond (US$300) – down to 2.7 kg CO2e, which is equal to the average emissions of a t-shirt. The flagship product – a one carat lab-created diamond set in a 14k solid gold ring (US$1950) – has a footprint of 10.4kg CO2e, which is less than the average emissions of a pair of jeans.

The new collection is a significant breakthrough for Pandora, as the company has committed to craft all its jewellery from recycled silver and gold by 2025.

The 33-piece collection is named Pandora Brilliance and includes rings, bangles, necklaces and earrings, each featuring a solitary, VS+ clarity lab-created diamond hand-set within sterling silver, solid 14K yellow gold or solid 14K white gold. The collection will be available to purchase from the 25th of August across 269 Pandora stores in the U.S. and Canada and at pandora.net. Prices start from US$300 and each stone ranges from 0.15 to one carat.

Advertisement

Brilliance is the first collection under the new Diamonds by Pandora category. The introduction in North America follows a successful UK pilot launch of lab-created diamonds in 2021. At the time, Pandora also announced that it would stop using mined diamonds.

Advertisement

SPONSORED VIDEO

Celebrate Your Retirement with Wilkerson

For nearly three decades, Suzanne and Tom Arnold ran a successful business at Facets Fine Jewelry in Arlington, Va. But the time came when the Arnolds wanted to do some of the things you put off while you’ve got a business to run. “We decided it was time to retire,” says Suzanne, who claims the couple knew how to open a store, how to run a store but “didn’t know how to close a store.” So, they hired Wilkerson to do it for them. When she called, Suzanne says Wilkerson offered every option for the sale she could have hoped for. Better still, “the sale exceeded our financial goals like crazy,” she says. And customers came, not only to take advantage of the going-out-of-business buys and mark-downs, but to wish a bon voyage to the beloved proprietors of a neighborhood institution. “People were celebrating our retirement, and that was so special,” says says.

Promoted Headlines

Most Popular