Quick Answer: Who Owns Blue Nile?

Why is Blue Nile so cheap?

Blue Nile diamonds are so affordable is because they operate their business with lower margins.

They don’t have brick and mortar stores.

This allows them to market their diamonds at a lower price point and in turn they sell more..

Why are James Allen Diamonds so cheap?

James Allen diamonds are affordable because they do not house their own diamonds, they are completely internet-based, and have such a huge inventory. The money they save on overhead allows them to offer lower prices to their customers.

Where does Blue Nile get their diamonds from?

Most of the diamonds that they source come from mines in Australia, Russia, Africa, and Canada. After the alert in regards to Zimbabwe’s Marange district came out, Blue Nile severed all ties to any diamonds or suppliers from that region.

Is Blue Nile better than Tiffany?

When it comes to online convenience, diamond education, price and benefits, Blue Nile is ahead of Tiffany & Co. When it comes to the utmost quality and rarity of diamonds, diversity and inventory of jewelry and gifts, and jewelry strore physical shopping and designing, Tiffany out-ranks Blue Nile.

Should I buy moissanite or diamond?

Value. Moissanite is significantly less expensive than diamond, meaning you can buy a larger stone for less money. It’s also far less valuable, meaning you’re ultimately buying a stone that’s worth very little over the long term by choosing a moissanite.

What gem is closest to a diamond?

Which Gemstones Look Like Diamonds?White Sapphire. The white variety of sapphire is used as a diamond imitation not only because of this gemstone’s diamond-like appearance but also due to its relative durability. … White Topaz. … Moissanite. … Cubic Zirconia. … Garnet. … Spinel. … Rutile.

Who bought Blue Nile?

Bain Capital and Bow Street will acquire 100 percent of the outstanding shares of Blue Nile common stock. Blue Nile stockholders will receive $40.75 in cash per share, representing a premium of approximately 34 percent over Blue Nile’s closing price on November 4.

Is Blue Nile a reputable company?

Blue Nile has an impeccable reputation. Consumers can rest assured that Blue Nile is the place to find any diamond jewelry. You will even see consumers buying stunning $50,000 engagement rings from Blue Nile. Blue Nile’s reputation as the leader in the online market has made them an ideal place to buy diamonds.

Are Blue Nile Diamonds good quality?

Certified diamonds: The diamonds that Blue Nile sells to customers are all certified so customers can be sure they are of high quality and from a legitimate source.

Is Blue Nile better than James Allen?

Shopping Experience: James Allen vs Blue Nile In terms of shopping experience, James Allen is hands down the winner here for one main reason: their 360° high definition videos for every single diamond in the inventory. On request, you can also get idealscope/ASET images of the diamond you shortlisted.

Are Costco Diamonds good quality?

Costco’s Diamond Cut Quality Review When buying diamonds, CUT IS KING. Cut has the biggest impact on a diamond’s beauty and sadly, the cut standard at Costco is mediocre. You see, Costco allows GIA “Very Good” cut diamonds in their inventory and this means you might end up buying diamonds that aren’t cut well.

Does Blue Nile sell man made diamonds?

Does Blue Nile sell loose lab-grown diamonds? Blue Nile does not sell loose lab-grown diamonds. Every loose diamond on our site is a natural diamond.

How long has Blue Nile been in business?

Blue Nile (company)TypePrivate companyFounded1999FounderMark VadonHeadquartersSeattle, Washington, USANumber of locations5 Stores12 more rows

Are Blue Nile diamonds blood diamonds?

The Blue Nile Conflict-Free Diamond Policy At Blue Nile, we only purchase diamonds through the largest and most respected suppliers who, like us, proudly adhere to and enforce the standards established by the Kimberley Process. All Blue Nile diamonds are warranted to be conflict free.

Are blue diamonds real?

Blue diamonds are only considered rare and valuable if they are natural. The definition of a natural blue diamond is a blue diamond that was mined with its blue color already present. Since the 1950s, many methods have been developed to change a diamond’s appearance, including adding color to a colorless stone.

Which Diamond Cut is cheapest?

Although they’re one of the rarer diamond shapes, emerald-cut diamonds can be 12-42% cheaper than rounds of the same carat weight. Because of their elongated shape, emerald-cut diamonds have a slimming effect on the finger.