From Raw Stone to Ring [PICS]

Courtesy Digg - Business & Finance  Tue, 10/27/2009 - 06:40

Tiffany & Co. (photos from Belgium) for decades purchased only pre-cut and pre-polished diamonds from vendors.

But it has been striving to transform its diamond business amid a decade of industry boom and bust. The New York-based retailer now is buying uncut diamonds to supply its own cutting-and-polishing plants, in its Laurelton Diamonds unit.

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