Could Tiffany & Co. tip the scales in favor of a more transparent diamond industry?
Investigating the potential impact of the brand's recently announced sourcing initiative.
By Whitney Bauck, January 24, 2019, www.fashionista.com
"There are still limits to Tiffany & Co.'s new initiative, as it is only publishing the provenance information for individually registered diamonds, which means smaller diamonds that are sold in "parcels" will be left out. Plus, information about the specific mines that unearthed the diamonds will still remain opaque even as countries of origin are revealed. But according to Weissman, general geographic information will still go a long way toward making the supply chain more ethical, as different countries have demonstrably different standards when it comes to diamond mining."
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