Connect with us

Headlines

Baselworld Opens with 13% Fewer Exhibitors

mm

Published

on

Organizers say they turned away exhibitors.

Baselworld 2017 has opened with 13.3 percent fewer exhibitors compared with last year.

The jewelry and watch trade show in Basel, Switzerland, has about 1,300 exhibitors this year, Forbes contributor Anthony DeMarco writes. That’s down from about 1,500 in 2016.

Baselworld Managing Director Sylvie Ritter said organizers turned away some would-be participants, DeMarco reports.

“We have turned away exhibitors who are not in line with our concept and do not meet the criteria for Baselworld,” Ritter is quoted as saying. She would not be specific about the criteria.

Eric Bertrand, president of the Baselworld Exhibitors’ Committee, “singled out fashion watch brands as those who failed to either meet the criteria or their own sales goals,” according to DeMarco.

 

Advertisement

In a press release on the opening of the show, Ritter said there’s no reason to dwell on the past 12 months, which have been difficult and “compelled a certain number of players to leave the watch and jewelry industry and therefore not attend Baselworld.” She said that situation is reason to “once again adapt the exhibition concept, to transform Baselworld so that the show continues to reflect the world market.”

The show runs through March 30.

Read more at Forbes

Advertisement

SPONSORED VIDEO

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

Promoted Headlines

Most Popular