Company Research Report: Leo Schachter Diamonds

Company Overview

• Name: Leo Schachter Diamonds

• Mission: The company is committed to growing their partners' businesses with diamonds that tell stories, emphasizing technical excellence, sustainability, design, and emotion.

• Founded: 1952 by Leo Schachter

• Key People: No specific individual names are provided beyond the founder.

• Headquarters: Originally founded in New York City’s diamond district; global operations in six locations across four continents.

• Employees: Over 500 globally.

• Revenue: No information is available.

• Known For: The company is renowned for its diamond innovation, ethically sourced diamonds, and a family-led business legacy over four generations.

Products

Overview of Product Offerings

Leo Schachter Diamonds offers a variety of diamond brands and collections, each with unique features and markets:

1. THE LEO Collections

• Products: Comprising four distinct collections.

• Description: Marketed as the diamond for the brightest love, these are sold in the US, Hong Kong, and China.

• Key Features: Known for their stunning brilliance and uniqueness.

2. Kalahari Dream Diamonds

• Description: These diamonds are ethically sourced and cut within the Botswana workshops.

• Key Features: Complies with high social and environmental responsibility standards.

3. Diamond Revelations

• Description: Offers unique fancy cut diamond rings.

• Key Features: Personalization and customization options.

4. Peonia Diamonds

• Description: Inspired by the beauty of the peony flower, featuring an 88 facet cut.

• Key Features: Exclusivity and extraordinary appeal.

Recent Developments

• Innovative Product Lines:

• Launched THE LEO Diamond® brand in 1999, expanding it in subsequent years.

• Recent enhancements include THE LEO First Light Diamond, featuring a breakthrough in cutting techniques with microscopic nano-prisms.

• Strategic Milestones:

• Expanded into the Chinese market with Peonia® and the founding US licensee of De Beers' Forevermark.

• Moves include a crucial step into the Bharat Diamond Bourse, reflecting growing influence and operations in Asia.

• Ethical Initiatives:

• Maintains a commitment to responsible sourcing and ethical practices.

• Active member of the Responsible Jewelry Council for over ten years.

• Partnerships:

• Collaboration with partners like Ben Bridge Jewelers has reinforced their commitment to ethically sourced diamonds.

Responsibility and Ethical Practices

• Responsible Sourcing: All diamonds are sourced following the Kimberley Process, ensuring they are conflict-free and ethically mined.

• Economic Contributions: The company fosters community empowerment and development, particularly in Botswana, where they provide careers and economic stability.

• Compliance and Integrity: Strict adherence to international standards on responsible business practices through the RJC Code of Practices.

For further information on Leo Schachter Diamonds, including their comprehensive range of diamonds, partnerships, and ethical commitments, the company encourages direct engagement via their contact platforms.