NewsBrief February 1, 2023 Sales Decline at De Beers’ First Sight of 2023 De Beers saw a slowdown in rough sales at its January sight, as clients were hesitant to buy at the start of the year. Fewer US Jewelry Stores Shuttered in 2022 436 businesses closed last year, compared to 536 in 2021. NDC, Lorraine Schwartz Choose New Crop for Designer Program Six participants will receive credit, retail opportunities and selling support. Asian Star Sales Drop Amid Consumer Slowdown Revenue fell 30% year on year in last quarter of 2022. News Digest Diamond Sales at Botswana’s Debswana Hit Record High in 2022 (Reuters) What the ‘Butterfly Effect’ of Margin Could Do to Your Bottom Line (Instore) This Dazzling Gucci Necklace Took 300 Hours to Make (Who What Wear) Events Rapaport Melee Auction January 24 - February 2 New York & Dubai More Details Rapaport Melee Auction February 14-23 New York & Dubai More Details Diamond Trends Webinar with Avi Krawitz: What’s Shaping the Market in 2023? February 15, 10 a.m. EST February 16, 3:30 p.m. India Time Online Register Here RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1528 -0.18% 3.10% -5.74%  0.50 ct 2665 -0.61% -0.20% -13.77%  1.00 ct 7466 -0.90% -0.94% -17.33%  3.00 ct 24755 -0.04% -0.29% -9.49% Rapaport Investment Grade Diamonds

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