Vicenzaoro Show Signals Strong Outlook for Luxury

RAPAPORT®
NewsBrief  
January 26, 2023
 
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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)
 
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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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