NewsBrief July 17, 2023 Richemont Sales Strengthen as Asia Rebounds Revenue at Richemont’s jewelry brands rose in the first fiscal quarter as demand in Asia Pacific grew amid an economic recovery. Prime Day’s Online Sales Reach New Record Consumers spent $6.4 billion on July 11, says Adobe. Phillips to Launch Geneva Jewelry Auctions Inaugural sale in the Swiss city will take place on November 6. Market Comment: De Beers Makes a Deal Sentiment weak amid retail slowdown. Trending Stories De Beers Reduces Prices at Second Consecutive Sight A Rough Diamond Overhaul: Russia, Botswana, and Excess Supply Emerging Designers Take Center Stage Events Rapaport Melee Auction July 18-27 New York & Dubai More Details Rapaport Single Stone Auction July 24 – August 2 New York & Israel More Details Rapaport Melee Auction August 15-23 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1557 -0.56% -0.56% -1.20%  0.50 ct 2337 -1.57% -3.68% -23.59%  1.00 ct 6816 -0.65% -1.89% -23.89%  3.00 ct 23389 -0.09% -1.55% -15.62% Rapaport Investment Grade Diamonds

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