Limelight Diamonds sees lab-grown diamond income soar 120% this Diwali
Lab-grown diamond jewelry enterprise Limelight Diamonds noticed its income enhance by 120% year-on-year throughout the Diwali purchasing season as customers embrace the idea of lab-grown jewels. The model plans to harness this constructive client sentiment and open 10 further brick-and-mortar shops within the coming months.
A lab-grown diamond ring by Limelight Diamonds – Limelight Diamonds- Fb
“Our gross sales noticed an enormous enhance this Diwali and income surged 2.2 instances (120% enhance) in comparison with the year-ago interval,” stated Limelight Diamonds’ founder Pooja Sheth Madhavan, ET Bureau reported. “The acceptance for lab-grown diamond jewelry has considerably elevated and jewelry studded with greater solitaires, particularly two carat plus, was trending within the metro cities.”
Lab-grown diamonds are considerably cheaper than their pure counterparts, enabling buyers to save cash or select a bigger gem. Limelight Diamonds additionally closely emphasises the sustainable facet of lab-grown diamonds as they’re a replenish-able useful resource whereas solely a finite variety of pure diamonds exist and mining them causes environmental harm.
“We’ve got seen a big ramp-up in gross sales of pure solitaire-based jewelry even in Tier 2 cities via our level of gross sales,” stated Madhavan. “This class will flourish and we plan to open 10 further shops within the coming months.”
Limelight Diamonds lately opened a brand new retailer in Hyderabad on November 10, India Retailing reported. The model additionally lately opened shops in Jaipur, Kalaghoda, Ghatkopar, Borivali, and Varanasi.
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