Sunday, December 5, 2010

Gemesis Goes White, to Market Directly to Consumers

Gemesis Diamond Company, which produces of gem-quality lab-created diamonds, announced that it is producing colorless diamonds. Until now, the company offered only yellow diamonds.

The company said the new line of diamonds is of excellent color and clarity, adding that most diamonds in current inventory average approximately half-carats; however, Gemesis succeeded in producing colorless diamonds larger than one carat.

The colorless diamond offering was not the only news from the company. Gemesis also plans to go directly to consumers, saying that it is in the final stages of developing its own jewelry line.

Gemesis will be launching a new e-commerce website in the coming months, combined with parallel sales through limited retailers who subscribe to the company program – including education, approach, and pricing philosophy. The company’s own Internet pricing will not undermine participating retailers, it promised.

The company also reported advances made with its fancy color stones, achieving a vivid yellow color. The new yellow stones will also be available on the e-commerce site.

In May 2008, Gemesis announced the beginning of regular production of pink diamonds. Maybe due to the economic crisis that followed a few months later, those diamonds were never widely sold in the market.

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