IN THE NEWS
WD Lab Grown Diamonds Adds Two New Executives
WD Lab Grown Diamonds has added two new executives to its leadership team. Elda Fistani, former chief revenue officer of Brooks Brothers' jewelry division Deconic, has been named chief revenue officer of the lab-grown diamond company. Fistani will be tasked with leading the global wholesale sales function, omni-channel sales, and international growth. Watch industry veteran Herb Doscher will take on the vice president of operational planning role. Doscher will be responsible for management of demand and supply.
WD Launches Traceable Lab-Grown Brand
WD Lab Grown Diamonds has introduced a new brand it said offered fully traceable, US-grown and guaranteed conflict-free synthetic stones. The company, which has achieved a sustainability rating through SCS Global Services, noted Tuesday individual third-party certifications would accompany each Latitude stone.
Lab Grown or Natural Diamonds? The Choice Is Getting Clearer for Customers and Retailers
The only thing holding lab-growns back is that demand exceeds supply. “Every prime lab-grown diamond grower is sold out for 2021 already,” relates Marty Hurwitz of MVI Marketing and publisher of the MVEye. “Some of them are already taking advanced orders for 2022 and they’re getting cash up front for those orders.”
Synthetics Producer Rebrands in Sustainability Push
WD Lab Grown Diamonds is overhauling its brand and expanding its production capabilities, aiming to meet rising demand for synthetics and respond to a sharpened focus on social purpose. The company will change its name to Latitude, and will work toward sustainability certification through SCS Global Services, a third-party certifier and standards developer, WD said Tuesday.
WD Opens Up Lab-Grown Patents to Distributors
WD Lab Grown Diamonds has entered into patent sublicensing agreements with two synthetics companies, enabling them to distribute chemical vapor deposition (CVD) stones in North America and beyond.
For Engagement Rings, Are Natural Diamonds on the Way Out?
[Wall Street Journal Magazine] A new crop of jewelry makers using lab-grown and recycled diamonds, as well as recycled metals, appeal to millennials and other customers who like knowing exactly where their purchases come from. Could the trend foretell a permanent shift?
WD Lab-Grown Diamonds Hires New CEO
WD Lab-Grown Diamonds has hired Sue Rechner, a veteran outdoor and footwear executive who has worked at Frederick Goldman and various watch brands, as its new chief executive officer.
She takes over the Laurel, Md.–based diamond producer from founder Clive Hill, who will continue to serve as an active board member and shareholder.
U.S. Firm Grows 6-Carat Diamond in Lab
WD Lab Grown Diamonds announced that it has created a 6-carat round diamond that "stands as the world's only known lab-made CVD diamond of its size and shape." The gemstone was grown at the company's facility...
Lab-Grown Diamonds Come Into Their Own
Lab-grown diamonds command about 1 percent of the global market today. But investment firms predict that market share could rise to as much as 15 percent in the next few years...
WD Lab Grown Appoints Brooks Brothers, Timex Veterans
WD Lab Grown Diamonds has appointed Elda Fistani, formerly the chief revenue officer of Brooks Brothers’ jewelry division, as the company’s new chief revenue officer, and Herb Doscher as its vice president of operational planning. The appointments come as “WD solidifies its global market leadership position in the category,” read a statement.
The First Certified Climate Neutral and Sustainability Rated Diamond Arrives with Latitude, a Revolutionary New Brand
This revolutionary new brand offers fully traceable, U.S.A. grown, guaranteed conflict-free diamonds for the modern, discerning consumer.
Some Created Diamond Sellers Want to Make “As-Grown” A Thing
The companies that offer untreated stones are generally considered more technologically advanced than others. “Our process—both our patents and the proprietary process we put on top of that—put us in a very unique position of not having to treat larger goods to enhance the color,” said WD CEO Sue Rechner.
Interview With WD Lab Grown CEO Sue Rechner
Sue Rechner, who became CEO of WD Lab Grown Diamonds last year, spoke with JCK about the pair of announcements made this week: It's hired new executives and entered into patent sublicenses with two lab-grown diamond companies, including one it had previously sued for patent infringement.
WD Lab Grown Beefs Up Its Exec Team
M7D Corp., the created diamond producer that does business as WD Lab Grown Diamonds, has beefed up its executive team... Both [Lewis and Wood were] appointed by Sue Rechner, the former footwear and watch executive who joined the company last year.
Lab-Grown Sector Gears Up for Eco Audit
SCS Global Services, a third-party auditing specialist, will analyze companies’ environmental, social and governance records, with the goal of devising an independent sustainability certification for lab-grown diamonds.
U.S. Firm Grows Six-Carat Round CVD Diamond
The gemstone was grown at the company's facility located just outside Washington, DC in a secure lab that produces diamonds for the gem stone market as well as industrial and scientific purposes, the firm said...
U.S. Lab Creates 6ct CVD
WD Lab Grown Diamonds has created and sold a round, 6-carat synthetic diamond that it claims is the first of its size and shape made using the chemical vapor deposition (CVD) technique...
Nobel Laureate Lauds Washington Diamonds' CVD Technology
The Chemical Vapor Deposition (CVD) technology developed by Washington Diamonds Corporation to produce lab-grown diamonds is very advanced and superbly controlled, according to Nobel Prize Laureate Dan Shechtman, who recently toured WDC’s facilities outside Washington, DC.
New Third-Party Diamond Standard Certifies World’s First Climate Neutral Lab-Grown Diamonds With Verified Origin
In late June 2021, Latitude a lab-grown diamond company that’s a division of the Washington D.C.-based WD Lab Grown Diamonds opened a new chapter in jewelry history by announcing that it is the world’s first and only diamond company to produce lab-grown diamonds that are carbon neutral, and what’s more, climate neutral. While diamonds have long been evaluated based on their cut, color, clarity and carat weight (collectively known as the 4 Cs), Latitude embodies the 5th C, or climate neutrality.
The Ongoing Quest for a Sustainable Diamond
SCS Standards, a division of SCS Global Services—has developed a sustainability certification for the diamond industry... The first gem company—of any type—to achieve sustainability certification (the highest level) is WD Lab Grown Diamonds, which has been working on meeting the standards for a year.
WD Lab Grown Diamonds First to Achieve SCS Sustainable Diamond Certification, Sets New Industry Standard
WD Lab Grown Diamonds ("WD" or the "Company"), a leading laboratory grown diamond producer in the U.S., today announced that it is the first company to be certified under the provisional Certification Standard for Sustainable Diamonds ("SCS 007").
Lab-Grown Diamonds Need To Be On Every Jewelry Store’s Shopping List
In just ten short years, lab-grown diamonds have come from nowhere to being the fastest-growing category in the jewelry market today....Complicating things is a limited supply of the larger stones in greatest demand. Maryland-based WD Lab Grown Diamonds is the supplier of choice for bigger, high-quality stones.
WD Lab Grown Diamonds Announces CVD Patent Sublicensing Agreements with Select Industry Partners
[Business Insider] WD Lab Grown Diamonds, the pioneering producer of chemical vapor deposition (CVD) laboratory grown diamonds, today announced that it has entered into patent sublicensing agreements with ALTR (India) Private Limited and ALTR, Inc. and Evolution Diamond.
WD Lab Grown Diamonds Expands Executive Team
WD Lab Grown Diamonds announces two key additions to its executive leadership team as the company prepares for growth and reinforces its commitment to innovation, sustainability and corporate responsibility.
SCS Global Services Launches Sustainability Pilot for Leading Growers and Retailers of Lab Grown Diamonds
SCS Global Services (SCS) announces the launch of a groundbreaking pilot to audit and analyze lab grown diamonds against a stringent set of sustainability criteria. The pilot audits follow the decision announced earlier this year by the Lab Grown Diamond Council to retain SCS, an internationally recognized third-party certifier...
Not Just Another Pretty Rock, Diamonds are a Scientist's Best Friend - For Studying Outer Planets
ORNL senior scientist discusses a science project using diamonds to study pressure on outer planets Oak Ridge National Laboratory, U.S. Dept. of Energy...
FIRST ON FOX: Md. Company Now "Growing' Diamonds; Rare Peek Inside
...diamonds can ‘grow’ in just six weeks in the lab conditions, under lasers. The patented process is called Chemical Vapor Deposition (CVD)...
Washington, D.C. Company Grows 6-Carat Diamond
WD Lab Grown Diamonds, whose facility is located just outside Washington D.C., recently created the 6-carat round stones, which it claims is the largest round diamond on record to be produced using CVD technology...