RAPAPORT®
NewsBrief
June 26, 2024
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Bling for Men Is No Small Trend
With sales growth outpacing the women’s segment, fine jewelry for the gents is hotter than ever.
Luk Fook Expects Boost in Full-Year Profit
Earnings anticipated to increase between 30% to 40% compared to prior period.
Lucapa Finds Buyer for Mothae Deposit
Lesotho-based Lephema Executive Transport, which has provided long-term mining services for the site, will purchase 70% stake.
Weak China, Hong Kong Demand Hits Swiss Watch Exports
Total shipments slipped 2.2% in May.
News Digest
54% of Surveyed Jewelry Retailers Saw Sales Growth in May
(Instore)
Younger Affluents See Watches, Jewelry as Investments, Says Survey
(JCK)
Pomellato's Vincenzo Castaldo on Finding Creative Inspiration and His Jewelry Journey
(The National News)
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June 18-27
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July 2-10
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July 16-25
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,223
-1.95%
-5.12%
-22.34%
 0.50 ct
1,943
-1.48%
-3.78%
-19.62%
 1.00 ct
5,372
-0.92%
-3.81%
-22.66%
 3.00 ct
20,185
-0.55%
-2.37%
-14.74%
Rapaport Investment Grade Diamonds
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