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HK show Sept 2019
Hong Kong Show Reflects Slow Chinese Demand
The timing of the September Hong Kong Jewellery & GemFair was unfortunate, coming amid a wave of anti-government demonstrations inthe city. But for many participants, the political tensions were masking thebigger issue: Chinese...
Polished Markets Sep 24, 2019 Joshua Freedman
Baselworld
LVMH Still Has Time for Baselworld
LVMH Moët Hennessy Louis Vuitton will participate in the2020 edition of Baselworld, as the exhibition works to revamp its program andtailor its format specifically to the luxury retailer. The current setup will continue at next year’s...
Polished Markets Apr 29, 2019 Rapaport News
Breitling Navitimer watch
Breitling to Exit Baselworld Fair
Swiss luxury watchmaker Breitling will not return toBaselworld in 2020, and will instead focus on marketing through its ownplatform.Although the watch and jewelry exhibition proved successfulfor the company this year, the fair’s...
Retail Apr 16, 2019 Rapaport News
LVMH
LVMH Jewelry Sales Rise in First Quarter
LVMH Moët Hennessy Louis Vuitton saw a jump in jewelry andwatch sales in the first quarter, led by a strong performance at Bulgari. Revenue for the category increased 9% to EUR 1.05 billion($1.18 billion) for the three months...
Retail Apr 11, 2019 Rapaport News
Basel
Basel to Drop Prices by up to 30%
Baselworld will reduce booth prices by 10% to 30% at next year’sshow and move diamond dealers to a more attractive location, organizers have confirmed. Management will reopen Hall 2, which was empty at the 2019show, and place...
Polished Markets Mar 27, 2019 Rapaport News
Baselworld 2019 Hall 1
Jury Still Out on Baselworld
Gem and jewelry exhibitors gave mixed responses tochanges at the struggling Baselworld show, with many stillundecided as to whether they would return to the trade fair.Visitor traffic was relatively light throughout thesix-day event, which...
Polished Markets Mar 26, 2019 Anthony DeMarco
Coronet
Coronet Watch Wins Guinness Accolade
Jeweler Coronet has achieved a new Guinness World Record for themost diamonds set on a watch, it said Friday. The watch, named Mudan, which is Chinese for peony —the “king of flowers” in Chinese culture — features 15,858...
Polished Markets Mar 24, 2019 Rapaport News
Baselworld
Trade Braces for Smaller, Cheaper Baselworld
Baselworld has reduced prices for diamond exhibitors by 10%to 15%, after rising costs had prompted companies to abandon the annual show. The move ensures its prices match those of the competing GemGenèvefair, a Baselworld...
Polished Markets Mar 20, 2019 Joshua Freedman
MCH Group
Baselworld Owner Gets New Chief
MCH Group has appointed Bernd Stadlwieser CEO, as the Baselworld parent company works to reinvigorate interest in its annual fair. “[Stadlwieser] has a great deal of experience in sectors ofindustry that are of importance to us, as well as for...
Polished Markets Feb 17, 2019 Rapaport News
Podcast
Podcast: Scandal, Synthetics and No-Shows
Whether it’s a blessing or curse, we’re certainly living in interesting times, and 2018 delivered a host of standout developments that will have a lasting impact on the diamond industry. In the latest Rapaport Diamond Podcast, the editorial...
Polished Markets Dec 20, 2018 Rapaport News
Rolex
Baselworld, SIHH Synchronize 2020 Dates
Baselworld and Salon International de la Haute Horlogerie inGeneva (SIHH) will take place back-to-back from 2020 in an attempt by theirorganizers to reinvigorate interest in the shows. SIHH, which is usually a January event, will instead runfrom April 26 to 29 in Geneva,...
Watches Dec 19, 2018 Rapaport News
Baselworld
More Brands Quit Baselworld 2019
Three watchmakers have reportedly statedtheir intention to leave Baselworld following Swatch Group’s exit from the Swissshow. Zurich-based Maurice Lacroix will not participate in the 2019 event, a Baselworld spokespersonconfirmed to Rapaport News. Corum and...
Watches Oct 21, 2018 Leah Meirovich
Baselworld
Baselworld Looks to Reduce Prices
Baselworldis proposing to lower prices for exhibitors and visitors in an attempt toreinvigorate the annual watch and jewelry show. “Expensescrossed the pain threshold for many people in past years,” Baselworld CEOMichel Loris-Melikoff said in a statement...
Watches Sep 12, 2018 Rapaport News
Rene Kamm MCH Group 150
CEO of Baselworld Owner MCH Resigns
René Kamm has stepped down as CEO of MCH Group, the parentcompany of Baselworld, less than a week after Swatch Group said it would nolonger be attending the annual watch and jewelry show. Kamm (pictured) reached...
Polished Markets Aug 05, 2018 Rapaport News
Harry Winston
Watch Out, JCK: Swatch Just Left Baselworld
The dramatic announcement that Swatch Group will not participate in the 2019 Baselworld exhibition was not surprising, despite its shock value. For some time now, exhibitors have expressed frustration with the...
Polished Markets Aug 01, 2018 Avi Krawitz
Swatch
Swatch Group Calls Time on Baselworld
Swatch Group has quit Baselworld, arguing the watch andjewelry show is no longer relevant and its organizers are not interested inchanging it for the better.The Swiss group, whose 18 brands include Omega, Tissot andHarry...
Watches Jul 30, 2018 Rapaport News
Sylvie Ritter
Baselworld Chief Resigns After 15 Years
Sylvie Ritter has stepped down as managing director ofBaselworld, with Michel Loris-Melikoff set to succeed her, the event’s organizersaid. Ritter (pictured), who has been with show owner MCH Group for 26 years, has...
Polished Markets May 27, 2018 Rapaport News
GemGeneve
GemGenève Show Wins Industry Hearts and Minds
Within 48hours of its Thursday opening, exhibitors were already hailing the GemGenève tradefair as a success.Words like “jolly,” “friendly” and “good vibe” peppered descriptions of the Geneva-based show, which welcomed 147 exhibitors spanning the...
Polished Markets May 13, 2018 Sonia Esther Soltani
Carat + 150
Elizabeth Hurley Bedazzles at Carat+
The Carat+ show opened on Sunday, helping to raisesentiment in the Antwerp diamond market. Exhibitors noted busy visitor traffic on the opening day,which culminated in the Carat+ Night event, featuring actress Elizabeth Hurleyas the guest...
Mining May 07, 2018 Avi Krawitz
De Grisogono 150
High-End Slump Forces Layoffs at De Grisogono
Swiss-based luxury jeweler De Grisogonoplans to cut up to 41 positions after a challenging high-end market resulted inpoor sales.“Despite considerable investments and allthe efforts of employees, [salesof high jewelry] have not reached anticipated levels,due in part to challenging conditions...
Manufacturing Apr 11, 2018 Rapaport News
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