Program aims to educate young consumers about mined stones’ positive qualities.
RapNet Diamond Index fell in most categories; SI clarities strengthened.
Sightholders say they will still make little or no margins.
Reductions don’t go far enough, sightholders say.
1ct. RAPI up 0.1% in December but down 21% in 2023.
Industry leaders decide not to extend voluntary pause beyond December 15.
Economic headwinds, Chinese caution and the threat of lab-grown are the trade’s current concerns. But the recurring difficulties that existed before Covid-19 have not gone away.
1ct. RAPI slid 2.2% in October but rose in final week.
Weak retail sales have led to inventory imbalance.
1ct. RAPI down 4.7% in August.