Vrai & Oro Weddings, an online engagement ring retailer based out of California, offers a welcome departure from traditional engagement rings. While the company's jewelry is traditional if slightly minimalist in terms of design, its material is what makes it stand apart. That's because the diamonds used in Vrai & Oro Weddings' rings aren't taken from a mine but grown in a lab.
Vrai & Oro Weddings (whose name carries the clever acronym VOW) sources its diamonds from a Silicon Valley startup called Diamond Foundry. The tech company has developed a system that mimics diamond-forming conditions in a laboratory, reducing the cost of those diamonds while also removing the ethical dilemma that comes with purchasing a diamond that may or may not have been mined in a region of conflict.
Lab-Grown Engagement Rings
'Vrai & Oro Weddings' Offers Rings with Lab-Grown Diamonds
Trend Themes
1. Lab-grown Diamonds - Lab-grown diamonds are disrupting the traditional diamond industry by offering a more affordable and ethical alternative.
2. Online Engagement Ring Retailers - Online engagement ring retailers are changing the way people shop for engagement rings by offering a convenient and customizable shopping experience.
3. Sustainable Jewelry - Sustainable jewelry is becoming a trend as consumers seek environmentally-friendly options for their accessories.
Industry Implications
1. Diamond Industry - The diamond industry needs to adapt to the rise of lab-grown diamonds and find new ways to differentiate their products.
2. E-commerce Industry - The e-commerce industry has seen a surge in online engagement ring retailers, providing opportunities for businesses to innovate and compete in this niche market.
3. Ethical Jewelry Industry - The ethical jewelry industry can capitalize on the growing demand for sustainable options and promote their products as an ethical and environmentally-friendly choice.