MARKET DATA
REAL TIME PRICES
DIAMOND REPORT
COMMENTS
Sales improving and prices stable, with all eyes on holiday season. Steady US memo demand as retailers prepare for Christmas.
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High end better than mid-market. Richemont 1H jewelry sales (Cartier, Van Cleef & Arpels, and Buccellati) +10% to $7.4B. Brilliant Earth 3Q sales +2.5% to $114M; company lowers FY outlook amid slowdown in bridal segment.
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Indian manufacturers’ inventories falling as Diwali shutdown begins.
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Kimberley Process plenary ends in deadlock over Russia-Ukraine war. Rapaport warns G7 leaders of Russian sanctions loophole and introduces US Diamond Protocol.
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Lucara shaves $40M off 2024 sales forecast following split from HB.
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GIA’s Anna Martin retires.
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Designer Henry Dunay dies at 88.
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