Disruption in the diamond sector
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Today we conclude our Diamond Wars series. These precious stones are known to be undeniably beautiful, rare and a symbol of luxury. But diamonds have also been associated with war, human rights abuses and death. In response, consumers these days are demanding ...
It’s the 2000s and the diamond cartel is dead. Now, De Beers must adjust to its new status as the market leader rather than the monopoly. But the threats to its business aren’t going away. Diamonds are losing their luster with the young, and Zimbabwe’s underm ...