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Baselworld Exhibitors, Buyers Traffic -3% for Second Year Running

Mar 27, 2016 10:43 AM   By Rapaport News
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RAPAPORT... Baselworld 2016, a global watch and jewelry exhibition, ended March 24, with the number of exhibitors, buyers and visitors falling 3 percent over the previous show for the second year running. More than 145,000 people attended the show from over 100 countries.

The annual show, organized in Switzerland, was held amid a downturn in the nation’s watch industry, with exports of Swiss timepieces falling 3.3 percent in 2015 and by the same proportion in February this year.

Speaking ahead of the fair, François Thiébaud, president of the Swiss Exhibitors’ Committee, argued the decline was moderate compared with wider global economic troubles.

“Baselworld put all the creativity, positivity and ingenuity that characterizes the watch and jewellery industry on a pedestal to shine,” said Sylvie Ritter, managing director of Baselworld. “These eight days at Baselworld have ignited the spark of optimism, and the industry is moving resolutely into the future with a positive spirit."
Tags: basel, Baselworld, events, Rapaport News, Trade Shows, watches
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