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When Fifth Avenue dimmed: Botswana’s diamonds, a bankrupt retailer and the risks of selling downstream

mm by Staff Writer
March 19, 2026
in News
Reading Time: 4 mins read
0
G7 diamond tracking may slow economic growth

Employees are at work at a Diamond cutting and polishing company in Gaborone, Botswana on March 11, 2015. AFP PHOTO/MONIRUL BHUIYAN / AFP / Monirul Bhuiyan

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In early December, as New York entered its most lucrative retail month, Botswana’s diamonds took center stage.

On Fifth Avenue, amid choreographed lights and seasonal spectacle, a luxury retailer partnered with Botswana in a holiday activation, presenting the country as an ethical source of diamonds and a sophisticated commercial actor capable of engaging global consumers directly.

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