"Diamonds are a girl's best friends.. "
"Diamonds are for ever.. "
Popular sayings about ladies and diamonds are many. Women's love for diamonds has been talked about many a time. However, real diamonds may not always be affordable. Not everyone can celebrate an occasion with a pair of diamond earrings or a diamond ring. But don't we all love the look and feel of a diamond? Well, there is a solution for this dilemma faux diamonds.
Technology has enabled man to produce diamonds manually, known as faux diamonds, that look and feel exactly like real diamonds, but at much more cheaper costs. Consequently, faux diamonds are available at highly affordable rates. Faux diamonds are known by several names, such as lab-made diamonds, man-made diamonds and imitation diamonds. Faux diamonds look so much like real diamonds that it is very difficult to distinguish between the two. Only a highly trained person can differentiate the two, and even then, in certain cases, a microscope or other equipments might be required.
Initially, when faux diamonds were introduced, they were looked down upon. Later, as the prices of diamonds began shooting up, as did the prices of almost all commodities, out of reach of the middle- and low-income group, faux diamonds began to be accepted. Just as the invention of cultured pearls brought about a new trend in the pearl jewellery industry, faux diamonds have revolutionized the diamond jewellery industry.
There are different kinds of faux diamonds available in the market today, from Cubic Zirconia (CZ) to Moissanite. There are a number of ways in which faux diamonds can be produced. These stones are priced depending upon the type of manufacturing process used and their qualities. However, they are usually far less expensive than original diamonds.
Once one has decided on the budget for purchasing jewellery, there is a wide range of jewellery to choose from. Faux diamond set in metal offers the look and feel of diamond at highly affordable rates. If, however, one is looking for slightly better quality, faux diamonds set in gold and silver is available. A bit more expensive than jewellery set in ordinary metal, it is more durable, and the stones used in it are of better quality and cut. Such jewellery often looks more real and professionally made.
Quality tests carried out on faux diamonds have proved that they are as good as real diamonds. These tests include a test of brilliance, refractive index, fire, luster and hardness, among others. Here, the brilliance test refers to allowing light to enter into a stone and studying the amount of light that is reflected back, and the fire test refers to allowing light to enter the stone and studying the ability of the stone to break this light down into various colours. At times, faux diamonds have been found to outperform diamonds in these quality tests! Moissanite, a type of faux diamond, ranked higher than an original diamond when brilliance, fire and luster were tested. In case of hardness, it ranked only slightly lower than an original diamond. In fact, so many jewelers were unable to differentiate Moissanite from original diamonds that a specialized instrument had to be designed for this very purpose!
Why should one go for faux diamonds? First and foremost, they offer the gorgeous real-diamond look that very few can tell apart with the naked eye, that too within a limited budget. Apart from this, they offer several other benefits, such as:
- With imitation jewellery, one need not worry about theft or insuring your jewellery.
- One need not be worried about the fraudulent pricing mechanisms that are sometimes observed in the diamond jewellery market showing very high prices for the products and then declaring a huge rate of discount, so as to attract more buyers.
- The processes of diamond mining, cutting and polishing have been observed to involve inhuman working conditions and child labour in many parts of the world. Faux diamonds are laboratory-made, and hence, such situations can be avoided.
- Original diamonds vary in quality, while imitation diamonds have a uniform quality. The chances of frauds are thus minimized.
- In case of original diamonds, monopolization of the market through diamond cartels has been observed. Faux diamonds are very reasonably priced, and hence, monopolization is not encouraged.
- Last but not the least, the attention that one gets is worth a mention. One can flaunt a rock-sized diamond without burning a hole in ones pocket!
Diamonds might be a girl's best friends, but it is quite clear that faux diamonds are probably a girls best decision when it comes to buying diamonds! So, what are you waiting for? Just go ahead and buy all the jewellery you have always wanted to buy! Flaunt your faux diamonds with style!
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Indian womenswear market is going through a phase of renovation. Total value of womenswear market is estimated to be around Rs. 37,000 crore during 2007. It further indicates a positive growth rate of 14% a year, for the next five years reaching Rs. 61,000 crore by 2010. With the increasing number of working women, and simultaneously; the amount of their disposable incomes, womenswear market has taken a new dimension with the entry of many new as well as foreign brands. Consistent changes in fads, increasing information and knowledge of dressing sense due to media exposure, have also supplemented to the metamorphosis. With more women coming into spotlight now, they seek to dress well, look presentable and also prefer to buy branded clothing. Thus this segment of the apparel market has ample growth opportunities, as the market still remains untapped with only a few notable brands.
Indian retailers believe that womenswear and lingerie are the two categories that have a potential market and new brands can be introduced frequently. Branded wears for women is having an encouraging conversion rate of 60% on large store formats. Many manufacturers who were initially concentrating only on men's wear have started to focus more on the formal wears for women. Their main targets are working women in the age group, 22-40. Raymond has established its womenswear brand through its flagship brand 'Park Avenue', and its casual wear with the label 'Color Plus'. It is targeting to achieve 25% of the share in womenswear market estimating a revenue of Rs.400 crore by 2010. Premium labels such as Allen Solly, Esprit, and Mango have a solid market. Indian Terrain, with an intention to refocus its business has expanded its portfolio by including womenswear in its collection. 











