Industry at an Inflection Point
Updated: Feb 6

McKinsey & Company: A recent report by McKinsey & Company outlined five critical developments shaping the diamond industry. The report titled, The Diamond Industry Is at an Inflection Point, explored the following topics:
Customer behavioral shifts
Traceability for ESG
Competition from lab-grown diamonds
Natural diamond supply disruptions
Financial regulations and financing practice
“Change in the diamond industry will not be fast or simple. Open questions remain around how diamond players can build strong business strategies given diamond price volatility, how the natural- and lab-grown-diamond industries will intersect, and who will own the diamond value chain in the future.
Read the report here: The Diamond Industry is at an Inflection Point
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