Cancelled Baselworld 2020: Settlement With Exhibitors
Following the unprecedented departure of brands including Rolex, Patek Philippe, Chopard and Chanel, Baselworld’s MCH Group and representatives of exhibitors have agreed on a settlement for the cancelled Baselworld 2020. However, the MCH Group has also confirmed that Baselworld will not be taking place in 2021.
The solution was drawn up in collaboration with the Swiss Exhibitors’ Committee, and was unanimously approved by the Comité Consultatif. President of the Swiss Exhibitors’ Committee, Hubert J. du Plessix, stated, ‘I welcome the constructive attitude of the representatives of the MCH Group, which has enabled us to find a balanced solution’. He also thanked Patek Philippe, Rolex, Tudor, Chanel, Chopard, Hublot, Zenith and Tag Heuer – all of which agreed to a lower refund, so that ‘other exhibitors can benefit from better conditions’.
Likewise, Bernd Stadlwieser, CEO of the MCH Group, commented: ‘We are pleased to have worked together and, in just a short time, found a solution that is acceptable to everyone. In the light of the large loss of revenue due to COVID-19 and our responsibility to all our stakeholder groups, this solution marks the limit of what is possible for us. With the amicable settlement for Baselworld 2020, we can now concentrate fully on the future.’
However, it remains unclear what the future will hold for Baselworld. Managing Director of Baselworld, Michel Loris-Melikoff, commented: ‘Together with the exhibitors and visitors, we are working intensively on clarifying and discussing the requirements and options for new platforms’. He added that decisions on ‘follow-up formats’ for the event will be decided by the summer.
Automobile Club de Monaco appoints TAG Heuer as official sponsor and timekeeper of legendary Grand Prix de Monaco Historique. The appointment complements its current designation as the Official Watch of the Monaco Grand Prix and the Official Watch Partner of the Monaco Top Cars Collection museum. TAG Heuer presents a special-edition timepiece in the occasion of…
Swiss Jura-based manufacture Jaeger-LeCoultre is settling into its new Bavarian home as it opens a boutique at Munich's most prestigious address, on the glamorous Maximilianstrasse 24. The world-renowned shopping street in Germany, which comprises one of Munich's four royal avenues, counts the likes of Chanel, Hermès, Omega and Ralph Lauren amongst its affluent residents, while…
If you are looking for exquisite watches in Hamburg, there is no way around Neuer Wall, the most exclusive shopping street in the Hanseatic city centre. Next to luxury watch brands like Patek Philippe, Omega, Wempe, the recently opened AP House, and many others, the Swiss watchmaker Hublot is now also represented there with its…
A. Lange & Söhne has been a partner of the Concorso d'Eleganza Villa d'Este since 2012 and is once again awarding a special edition to the winner of the competition for classic automobiles this year. From 24 to 26 May, lovers of outstanding classic vehicles will meet in Cernobbio in northern Italy with a view…
In a few days’ time and under its new motto ‘Bold and Confident’, trade fair Inhorgenta will reopen its doors at Messe München. From the 16 to 19 February, visitors can admire jewellery, precious stones, and timepieces while celebrating the 50th anniversary of the trade fair together with the exhibitors. To mark this special jubilee,…
Breguet will present the craftsmanship that goes into watchmaking at the Art Düsseldorf 2022 fair. In this way, the brand wants to emphasise the connection between mechanics and the arts in classic watchmaking. Visitors will have the opportunity to discover the artisanal crafts in the halls of the Areal Böhler in Düsseldorf from 8 to…
'Artisan Boitier' (case artisan) is written above their heads, printed on the window with a view inside an ancient-like workshop - but it is the brand new JHP x AkriviA Atelier in Geneva. More than 45 years of age lie between the 32-year-old founder of the Geneva watch brand AkriviA, Rexhep Rexhepi, and one of the most famous case…
Rolex has updated its prices as usual on January 1st, with impressive variations depending on the material. This year, with the 2025 Rolex price list, there is some good news and bad news, and it all depends if you’re looking for a steel watch or a gold watch. Now we have the price list of…
Fans of Audemars Piguet can now visit the horology house's brand new museum, the Musée Atelier, in Le Brassus. The museum, following its opening in June 2020, offers a chance to uncover the brand's heritage and craftsmanship, with over 300 watches on display. The Musée Atelier's architecture, designed by BIG (Bjarke Ingels Group), is also…
The Grande Maison has strong ties with the film industry and is again supporting filmmaking culture. During the 75th Venice International Film Festival of La Biennale di Venezia, Jaeger-LeCoultre celebrates the 13th anniversary of its partnership with the event, and supports the industry’s talents through individual initiatives. Supporting innovation and tradition in filmmaking for 13…
On 2 October, what had long been rumoured became a reality: LVMH and Formula 1 have entered into a partnership. As Formula 1 prepares for its 75th anniversary in 2025, this global partnership not only marks the end of one era but also heralds a new beginning. In this billion-euro deal, which binds LVMH to…
Only a few weeks ago, the Swatch Group announced the cancelation of their new fair “Time To Move” – and now, also the new format “Watches & Wonders Geneva” (formerly SIHH) will not take place from April 25th to 29th 2020. The final decision of Baselworld fair remains to be seen. Due to the latest…
This year's ‘Only Watch’ charity-auction has become a double record breaker. Not only that it has in its 8th edition collected almost as much proceeds as in the past 13 years together: Also, the most expensive watch was sold, that ever went on auction. A unique piece from Patek Philippe in steel. Sold for 31…