THE FINANCE GHOST: Will De Beers face the next quartz crisis?

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

As lab-grown diamonds now rival mined gems on every level — especially price — big daddy De Beers may soon have an existential crisis on its hands, like the Swiss watchmaking industry in the 1970s, writes FinanceGhost.

De Beers doesn’t just participate in the diamond industry; for decades the company was the diamond industry. A little more than half a century after its establishment in 1888, De Beers devised the industry’s all-important diamond grading system to run with the world-famous slogan “A diamond is forever”.

In case you’re wondering, the slogan was created by a young woman copywriter, Frances Gerety. In the 1940s, women copywriters were assigned exclusively to women’s products, as the zeitgeist allowed only for men writing for men. That critical allocation to the De Beers account would lead to what is widely regarded as the best advertising copy of all time. It’s a fantastic story of breaking the diamond ceiling....

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 20. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين