NewsBrief January 25, 2023 Podcast: Selling Diamonds on Instagram Icerock Diamonds owner Sam Karmiel chats with Rapaport’s Avi Krawitz about his journey in the industry and how he started using Instagram to engage with customers and close sales. Luxury Strength Drives Growth in Swiss Watch Trade Exports rose in 2022 as US demand outweighed China slowdown. Strong Holiday Sales Spur Record Revenue at Michael Hill Spending shifted from e-commerce toward physical stores. Tanishq Targets ‘Indian Diaspora’ with First US Store New Jersey showroom is latest phase in Titan-owned brand’s international expansion plan. News Digest Lab-Grown Industry Wants to Stop Using Rap List – But Probably Won’t (JCK) Brides Buy Half of All Gold Jewelry Sold in India – World Gold Council (Business Insider) Generation Z Finding Time for Secondhand Luxury Watches (Barron’s) Events Rapaport Single Stone Auction January 18-30 New York & Israel More Details Rapaport Jewelry Auction January 23-25 New York & Online More Details Rapaport Melee Auction January 24 - February 2 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1531 1.19% 3.28% -5.59%  0.50 ct 2682 0.35% 0.30% -13.04%  1.00 ct 7533 0.42% -0.41% -15.91%  3.00 ct 24762 0.24% -0.56% -8.98% Rapaport Investment Grade Diamonds

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