Ceding The Diamond Jewelry Battle, Angara Prospers With Color Gemstones [Forbes]
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Brilliant Earth Group, Inc. (BRLT)
Company Research
Source: Forbes
The $73 billion is undergoing massive structural change caused by the introduction of lab-grown diamonds (LGD), the chemical and structural equivalent of a mined diamond. A lab-grown diamond looks just as beautiful as a natural diamond but is available at a fraction of the price. In the fine jewelry market, jewelry set with diamonds controls over half of the market, according to , and within that, the engagement ring category commands the lion's share. While LGDs currently account for only about one-fourth of U.S. diamond retail revenues, their unit share is inching up to 60%, including 50% for engagement rings, up from about 10% in early 2022, reports data. With the upheaval in diamond jewelry taking all the oxygen out of the room, colored gemstones have been quietly advancing in the market, including precious sapphire, ruby and emeralds and semi-precious amethyst, aquamarine, garnet, topaz, rose quartz and more. They've got something most diamonds don't – deep, rich color –
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BRLT
News
- There Are Reasons To Feel Uneasy About Brilliant Earth Group's (NASDAQ:BRLT) Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Brilliant Earth Unveils Signature Bridal Collections Inspired by the Beauty and Balance of Nature [Yahoo! Finance]Yahoo! Finance
- Brilliant Earth Unveils Signature Bridal Collections Inspired by the Beauty and Balance of NatureBusiness Wire
- Sidoti Events, LLC's Virtual June Small-Cap ConferenceAccesswire
- Brilliant Earth Announces Participation in Sidoti Small Cap Conference, SHARE Series at NYSE, and Jefferies Consumer Conference [Yahoo! Finance]Yahoo! Finance
BRLT
Earnings
- 5/9/24 - Beat
BRLT
Sec Filings
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- BRLT's page on the SEC website