NEW YORK, March 14, 2019 /PRNewswire/ -- ALTR Created Diamonds, a division of R.A. Riam Group and the world's only vertically integrated created diamond house, is proud to announce the tremendous growth in sales of created diamonds, specifically those stones over 1.5 carats. These exciting statistics demonstrate that after only two years in the market place, the demand for created diamonds and larger stones is delivering on its promise. ALTR Created Diamonds reports a ten-fold increase in global shipment for diamonds over 1.5 carats since 2017, winning back consumer desire for diamonds and diamond jewelry.
"The desire for our larger created stones is proof positive that consumers are choosing ALTR created diamonds to mark the most emotionally significant moments of their lives," said Amish Shah, President, ALTR Created Diamonds. "Our bridal jewelry sales have been so high that we have had to ramp up production from our diamond reactors to fulfill recent demand."
ALTR's innovative, proprietary technology replicates the conditions whereby diamonds form in nature. ALTR manufactures certified Type IIA created diamonds that are identical chemically, optically and physically to the world's finest mined diamonds. Because ALTR is vertically aligned, it is the only created diamond house with the supporting infrastructure not only to grow, but also to cut and polish its own supply of Type IIA created diamonds. ALTR also designs, manufactures and distributes its fine created diamond jewelry. In addition, all ALTR Created Diamonds carry certification from Gem Certification and Assurance Lab (GCAL).
"ALTR was delighted that they were instrumental in ensuring that retailers experienced 35% higher average unit retail (AUR) sales than typical for the bridal category. ALTR contributed to a double digit increase in higher margin for our premium brand affiliates, with larger stones over 1.5 fueling the desire and sales." Shah added.
In addition, ALTR Created Diamonds are committed to the environment with their sustainable approach to manufacturing. Not only does the product appeal to consumers who want a larger more beautiful diamond, but also one who cares about the world we live in. ALTR created diamonds are grown using wind turbine energy and use U.S. recycled gold. As consumers nowadays increasingly demand transparency on the products they buy and wear, ALTR regards a low carbon footprint to be an essential part of modern manufacturing that is a key company philosophy.
With an extensive design archive and more than 22 exclusive, patented diamond cuts, ALTR Created Diamonds have something for every consumer. ALTR Created Diamonds sell all over the world including in the United States, EU, China, Australia, India, Canada, Thailand, South Korea, Israel and South Africa. ALTR Created Diamonds continues to experience aggressive growth and international expansion. For more information on the ALTR Created Diamonds, please visit www.ALTR.NYC.
About ALTR Created Diamonds
ALTR Created Diamonds are branded lab-grown diamonds created exclusively by RIAM Group. ALTR is solely devoted to creating high-quality diamonds and stunning jewelry designed around these diamonds. The ownership of the parent company RIAM Group has 75 years of experience in the mined diamond industry. RIAM Group has the background and knowledge to bring vertical and integrated manufacturing of created diamonds and jewelry made from those diamonds, to an international market. RIAM Group is the only fully vertical manufacturer of both mined diamond jewelry and created diamond jewelry. The ALTR division of the group manufactures only created diamond jewelry.
SOURCE ALTR Created Diamonds