De Beers tried to own lab-grown diamonds — Lightbox folded when prices fell 90%
De Beers launched Lightbox in 2018 to position lab-grown diamonds as fashion at $800/carat. Seven years on prices collapsed 90% and the brand was gone.
Read the caseBusiness failures, costly decisions and the lessons they leave behind.
The full archive, in the appDe Beers launched Lightbox in 2018 to position lab-grown diamonds as fashion at $800/carat. Seven years on prices collapsed 90% and the brand was gone.
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