Jewelry Strong as Cyber Monday Sales Surpass Forecast

NewsBrief   November 29, 2023   Jewelry Strong as Cyber Monday Sales Surpass Forecast US consumer spending exceeded expectations on Cyber Monday, setting a new record, while jewelry saw strong demand, according to Adobe Analytics. Jewelry and Watch Brands Must Be More Transparent, Says WWF Environmental charity notes improvement — but believes the industry has a way to go.   133ct. Yellow Diamond to Lead Sotheby's New York Unmounted stone has a high presale estimate of $5 million.   LVMH Shuffles Around Jewelry Chiefs Jean-Marc Mansvelt will go from Chaumet to Berluti, while Charles Leung heads to Chaumet from Fred. Trending Stories Okavango Chief on Lab-Grown, De Beers, and the Market Slump   Time to Tackle the Diamond Industry's Pre-Pandemic Challenges   Lightbox Ventures into First Design Collaborations Events Rapaport Single Stone Auction November 21 - December 4 New York & Israel More Details   Rapaport Quarterly Pawnshop Auction December 11-19 New York & Dubai More Details   Rapaport Melee Auction December 12-21 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,409 0.55% 0.55% -3.66%  0.50 ct 1,939 0.48% 1.58% -27.56%  1.00 ct 5,969 -0.01% 0.74% -22.14%  3.00 ct 22,094 -0.07% 0.15% -12.31% Rapaport Investment Grade Diamonds

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