Sales Decline at De Beers’ First Sight of 2023

RAPAPORT®
NewsBrief  
February 1, 2023
 
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Sales Decline at De Beers' First Sight of 2023
De Beers saw a slowdown in rough sales at its January sight, as clients were hesitant to buy at the start of the year.
Fewer US Jewelry Stores Shuttered in 2022
436 businesses closed last year, compared to 536 in 2021.
 
NDC, Lorraine Schwartz Choose New Crop for Designer Program
Six participants will receive credit, retail opportunities and selling support.
 
Asian Star Sales Drop Amid Consumer Slowdown
Revenue fell 30% year on year in last quarter of 2022.
News Digest
Diamond Sales at Botswana's Debswana Hit Record High in 2022
(Reuters)
 
What the 'Butterfly Effect' of Margin Could Do to Your Bottom Line
(Instore)
 
This Dazzling Gucci Necklace Took 300 Hours to Make
(Who What Wear)
 
Events
Rapaport Melee Auction
January 24 - February 2
New York & Dubai
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Rapaport Melee Auction
February 14-23
New York & Dubai
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Diamond Trends Webinar with Avi Krawitz: What's Shaping the Market in 2023?
February 15, 10 a.m. EST
February 16, 3:30 p.m. India Time
Online
Register Here
RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1528
-0.18%
3.10%
-5.74%
 0.50 ct
2665
-0.61%
-0.20%
-13.77%
 1.00 ct
7466
-0.90%
-0.94%
-17.33%
 3.00 ct
24755
-0.04%
-0.29%
-9.49%
Rapaport Investment Grade Diamonds
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