US Sales Still Positive in June, but Growth Slows

NewsBrief   July 20, 2023   US Sales Still Positive in June, but Growth Slows US retail was a mixed bag in June as sluggish economic conditions affected consumer spending. Swatch Group Gains as China, Hong Kong Reopen Lifting of travel restrictions drove 11% sales growth in first half.   Mountain Province Revenue Slips in Second Quarter Miner held one tender fewer than usual during the period.   Collectors Are Keen on Tourmaline Some forms of this versatile stone are rivaling the Big Three in demand and value. News Digest Who Pulled Off the Massive Brinks Heist? It's Still a Mystery (Los Angeles Times)   Inside Chinese Shoppers' Massive Appetite for Luxury Goods (South China Morning Post)   BTS's V Is Now a Cartier Brand Ambassador (Tatler) Events Rapaport Melee Auction July 18-27 New York & Dubai More Details   Rapaport Single Stone Auction July 24 – August 2 New York & Israel More Details   Rapaport Melee Auction August 15-23 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1551 -0.77% -1.28% -1.54%  0.50 ct 2325 -1.49% -4.16% -23.71%  1.00 ct 6792 -0.67% -2.31% -23.94%  3.00 ct 23386 0.20% -1.52% -15.52% Rapaport Investment Grade Diamonds

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