Bridal Is Down Today, but It’s Ready to Bounce Back Tomorrow

RAPAPORT®
NewsBrief  
October 26, 2023
 
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Bridal Is Down Today, but It's Ready to Bounce Back Tomorrow
Keep calm and marry on: Even with sales flagging after Covid-19, wedding jewelry is still a 'yes' for shoppers. Synthetics, yellow gold and personal touches are among the latest trends.
Weak Rough Prices Dent Petra Sales
Revenue down 4% in first fiscal quarter.
 
The Weekly Gems: News and Videos from Around the Web
Featuring recovered stolen artifacts and jewelers' pet peeves.
 
Jewelry Sales Solid at Kering Even as Luxury Falters
Boucheron, Pomellato and Qeelin all saw growth in third quarter.
News Digest
Move Over, Canadamark – Here Comes Botswanamark
(JCK)
 
Jewelry Store Customer Trapped in Locked Room Overnight in New York
(ABC News)
 
Julie Clody of Van Cleef & Arpels on the Romance and History of the Maison's New Collection
(Tatler)
 
Events
Rapaport Single Stone Auction
October 17-31
New York & Israel
More Details
 
Rapaport Melee Auction
November 14-22
New York & Dubai
More Details
 
Rapaport Single Stone Auction
November 21-29
New York & Israel
More Details
RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,400
-0.28%
-2.20%
-5.04%
 0.50 ct
1,899
-0.58%
-4.43%
-30.85%
 1.00 ct
5,919
-0.16%
-3.96%
-25.32%
 3.00 ct
21,987
-0.08%
-1.41%
-14.50%
Rapaport Investment Grade Diamonds
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