NewsBrief January 26, 2023 Vicenzaoro Show Signals Strong Outlook for Luxury Vicenzaoro organizers and exhibitors expressed optimism for the market in 2023 following steady trading and buoyant sentiment at the Italian jewelry fair. Swatch Group Upbeat for 2023 Amid China Recovery Mainland and Hong Kong have seen sales pick up in January. John Hardy Names Frédéric Levy as CEO Former footwear executive is jewelry brand’s third leader since 2014. Birks Endures Tough Holiday Season Revenue slips amid slow November sales and uncertain economic situation. News Digest De Beers North America Downsizes Operations (JCK) Hong Kong Gold Jewelry Sales Set to Leap in Year of the Rabbit {South China Morning Post) Tiffany & Co. is Rumored to Drop a Nike Collaboration (Hypebae) Events Rapaport Single Stone Auction January 18-30 New York & Israel More Details Rapaport Melee Auction January 24 - February 2 New York & Dubai More Details Rapaport Jewelry Auction February 20-22 New York & Online More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1533 1.30% 3.40% -5.58%  0.50 ct 2678 0.20% 0.22% -13.23%  1.00 ct 7528 0.26% -0.47% -16.18%  3.00 ct 24777 0.16% -0.47% -8.98% Rapaport Investment Grade Diamonds

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