Lifestyle

Sustainable luxury: Lab-grown gems over natural diamonds


While some consider a natural diamond, formed over billions of years, as the epitome of luxury, an acclaimed British designer values jewelry made with laboratory-grown gems and recycled metal from cans even more.

Anabela Chan said she chose her materials after witnessing what she said were poor working conditions in diamond mines.

“These are some of the most precious and valuable commodities in the world, that just didn’t make any sense to me,” she said, in her Knightsbridge boutique in central London.

Instead, her designs rely on lab-grown diamonds and recycled aluminum from cans and pearls grown using regenerative farming techniques.

Chan’s company does not give sales figures but said it has seen strong demand since the COVID-19 pandemic. She won the “Game Changer” category at the British Luxury Awards in November.

According to Edahn Golan Diamond Research & Data, the lab-grown jewelry market has seen an annual growth of 20% in recent years, driving global profits to $15 billion.

As more producers enter the market, selling prices for lab-grown diamonds have fallen, and brands are looking to differentiate themselves, particularly through jewelry design.

At a major retailer of lab-grown diamonds Pandora, head of diamonds Joshua Braman said lab-grown gems could create extra scope for jewellery design.

Another point of difference can be sustainability.

Chan relies on suppliers who use technology to capture carbon dioxide emissions that would otherwise be released into the atmosphere to make diamonds, “so effectively taking something negative and turning it into something positive,” Chan said.

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