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“What Frank Ocean is doing will open lots of eyes to man-made diamonds,” says Baller. “It’s not my thing, however it’s cool to see someone like Frank take a giant leap.” In trend, it took Virgil Abloh “to finally open Louis Vuitton’s eyes, and I assume that it’ll go the identical means ”. Tracking the origin of a gem back to the mine is a notoriously difficult challenge but new sanctions on Russian diamonds are set to radically remodel the jewelry industry, requiring “mine-to-finger” traceability in key markets. A very competitive market, Grangié reported that Chanel has had a very strong efficiency of the watch and fantastic jewelry class, “doubling the business” in the U.S from 2019 to 2022. “The clientele is there,” he stated of the urge for food for haute joaillerie, acknowledging that different luxurious manufacturers have been “very lively,” not only in Paris however with destination activations …