What’s Really Going On in Retail?

NewsBrief   August 16, 2023   What's Really Going On in Retail? Changes in buying habits — rather than inflation — are the main cause of the current weakness in retail spending, US-based consultant David Marcotte tells the Rapaport Diamond Podcast. Lucara Sales Drop in 'Softer' Diamond Market Second-quarter decline also reflected shift to lower-value production.   Christie's to Host 156 Artworks by Wallace Chan London exhibition will run from September 4 to 10.   Mountain Province Sales Slump as Market Slows Revenue down 39% year on year in second quarter. Trending Stories Crowded IIJS Show Signals Strong Indian Jewelry Market   Lab-Grown Firm Adamas to Acquire Manufacturing Company   Jewelers of America CASE Award Winners Announced Events Rapaport Melee Auction August 15-23 New York & Dubai More Details   Rapaport Single Stone Auction August 23 – September 5 New York & Israel More Details   Rapaport Single Stone Auction September 12-26 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1520 -0.90% -2.42% -0.75%  0.50 ct 2218 -1.39% -5.23% -25.06%  1.00 ct 6605 -1.04% -3.19% -23.56%  3.00 ct 23040 -0.43% -1.40% -14.73% Rapaport Investment Grade Diamonds

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