NewsBrief March 7, 2023 Polished Trading Cautious Despite China Boost Diamond trading was quiet in February as the trade prepared for the Hong Kong International Jewellery Show, which ran from March 1 to 5. Sustainability in a Rapidly Changing World: A 2023 Perspective Responsible sourcing efforts must focus on leaving no one behind. Hong Kong Sees Highest Luxury Sales in Three Years Easing of Covid-19 restrictions supported demand in January. Macy’s Sales Slip in Challenging Economy Revenue down 4.6% year on year in fourth quarter. News Digest Jewelry Maker Pandora Sets Target for Using Recycled Gold (Mining.com) Jeweler Michael Hill’s Recession-Shielding Secret (New Zealand Herald) Tech Companies Racing to Make Retail Stores as Measurable as Websites (Modern Retail) Events Rapaport Quarterly Pawnshop & Melee Auctions March 13-23 New York & Dubai More Details Rapaport Single Stone Auction March 22 – April 3 New York & Israel More Details Rapaport Jewelry Auction March 27-29 New York & Online More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1585 0.25% 2.89% -10.75%  0.50 ct 2660 -0.42% -0.42% -21.53%  1.00 ct 7457 0.03% 0.00% -25.11%  3.00 ct 24572 0.26% -0.54% -17.23% Rapaport Investment Grade Diamonds

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