US Retail Restocking Is Going Slowly – but Don’t Despair

NewsBrief   January 25, 2024   US Retail Restocking Is Going Slowly – but Don't Despair Jewelers and dealers are waiting for final holiday results before replenishing inventories. Rapaport Magazine Spotlights the Vibrant Colored-Gem Market As the industry heads to Tucson, Arizona, our latest magazine takes a deep dive into the hottest issues in the gemstone sector.   An Ancient Greek Temple Filled with 2,700-Year-Old Jewelry, and This Week's Other News Members of the editorial team pick their favorite pieces from the internet.   Michael Hill Closes Stores, Lays Off Workers Despite Sales Growth Acquisition of Bevilles chain kept company in the black during first half. Trending Stories Greater Number of US Jewelry Stores Shutter in 2023   IGI Discovers 6ct. Lab-Grown Diamond Posing as Natural   Petra Sales Fall Amid Slow Market Recovery Events Rapaport Melee Auction January 16-25 New York & Dubai More Details   Rapaport Single Stone Auction January 17-29 New York & Israel More Details   Rapaport Single Stone Auction February 7-14 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,419 -0.34% 0.40% -7.31%  0.50 ct 2,027 0.19% 3.14% -24.41%  1.00 ct 6,027 0.10% 0.65% -20.00%  3.00 ct 22,035 -0.28% -0.01% -11.02% Rapaport Investment Grade Diamonds

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