NewsBrief October 29, 2024 De Beers Mulls Further Production Cuts De Beers is considering reducing its output even further amid continued weak demand and oversupply in the manufacturing sector. Black Friday Weekend to See Record-Breaking Sales Three-day period expected to grow 5% to $75 billion. Kering Jewelry Sales Fall Amid Challenging Luxury Market Segment down 15% year on year in third quarter. James Allen’s Oded Edelman to Leave Signet Corinne Bentzen will take over as president of digital banners. Trending Stories De Beers to Disclose Country of Origin for 1.25ct.-Plus Diamonds The Battle for Bridal: Synthetics vs. Natural 2024 US Holiday Sales Growth to Be Slow but Steady Events Rapaport Single Stone Auction October 14-30 New York, Dubai & Israel More Details Rapaport Melee Auction November 12-21 New York & Dubai More Details Rapaport Single Stone Auction November 17 – December 5 Dubai, Israel & New York More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,020 0.43% -0.66% -27.21%  0.50 ct 1,640 -0.17% -2.66% -14.09%  1.00 ct 4,610 0.08% -1.90% -22.20%  3.00 ct 18,235 -0.08% -1.07% -17.34% Rapaport Investment Grade Diamonds

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