CrimeFeb 06, 2026
Florida Man Sentenced After Selling Fake Native American Jewelry for a Decade Prosecutors say the man attended arts and craft fairs claiming he was a third-generation jeweler who was a member of the Pueblo tribe.
Events & AwardsMar 21, 2019
Baselworld Planning More Price Cuts in 2020
It’s one of a number of changes new management has made to resuscitate the watch and jewelry trade show.
A rendering of the “Show Plaza” new to Baselworld this year, which is on the same level as the jewelry brands and will host fashion shows. The addition of the plaza is one of the changes new management made in an effort to revive the watch and jewelry trade show.
Basel—Baselworld lowered prices for some exhibitors this year and plans to retool its entire pricing structure for 2020, Managing Director Michel Loris-Melikoff said at the event’s opening press conference Wednesday evening in Switzerland.
It is one of several adjustments he’s made since taking the reins of the floundering watch and jewelry trade show just nine months ago, making it a priority to change the show’s “communication and management style” amid uncertainty about its future.
Sales of Swiss watches are strong—figures from the Federation of the Swiss Watch Industry presented Wednesday show exports rose 6 percent in value last year, led by sales of mechanical watches—but the show is struggling, losing exhibitors amid complaints of arrogant management and price gouging, and cries that traditional, business-to-business trade shows have become irrelevant and unnecessary.
When the show opens today in the small Swiss river city of Basel, it will have less than 600 exhibitors, down from nearly 1,500 just two years ago.
Loris-Melikoff said from the press conference stage Wednesday that Baselworld seems to have “reached the bottom” in terms of number of exhibitors, though he declined to provide a figure he sees as ideal.
“If we have 600 exhibitors who do their business well, then we can be satisfied,” he said.
What’s Different So Far
Like Baselworld itself, the opening press conference had a different look and feel this year.
It was done in a more informal, roundtable discussion-style on the show floor instead of in the adjacent Congress Center.
Noticeably absent were a few faces who had been regulars at the event in the past few years.
Former Managing Director Sylvie Ritter stepped down in May 2018, while René Kamm, CEO of Baselworld organizer MCH Group, resigned after Swatch Group announced it was pulling out of the show.
Adding to the list of the show’s executive exits Wednesday was Baselworld Exhibitors’ Committee President Eric Bertrand, who announced he was retiring and would be replaced by Marco Avenati.
Also missing during the opening press conference were these two words: Swatch Group.
The subject of the show’s largest exhibitor wouldn’t have come up at all if it weren’t for the front row-seated journalist who asked, are negotiations ongoing between Baselworld organizers and their former exhibitor?
Loris-Melikoff said he has been emailing with CEO Nick Hayek and, though he did not address Hayek’s recent statements signaling Swatch Group’s pullout is permanent, he gave no
indication the Swatch Group chief was expected to change his mind either.
“He will have to decide if he wants to return to Baselworld or not,” Loris-Melikoff said, “and he will decide when is the time for him to return.”
2020 and Beyond
What Baselworld will look like—and who it will attract—next year is the question that looms large as the 2019 edition of the show opens.
Loris-Melikoff said more details about Baselworld 2020 will be shared at the closing press conference, which is scheduled for next Tuesday.
What we do know based on comments made at Wednesday’s event is that exhibitors—or at least some exhibitors—still see value in Baselworld as a business-to-business trade show.
Organizers do too, and are working to repair relationships with current exhibitors while finding a way to appeal to watch collectors and other consumers and to enhance the show’s digital capabilities.
Baselworld took steps to knock down costs for both exhibitors and attendees, reducing the cost of exhibiting but also negotiating with local hotels and restaurants to ensure they don’t raise prices during the show.
Organizers also want to improve their relationships with jewelry brands, which, in the past, have complained of show organizers treating them like an afterthought.
The jewelry brands have been moved to Hall 1.2, where show organizers have installed a “Show Plaza” for multiple jewelry fashion shows to take place each day, a first for Baselworld.
How these will be received and what role jewelry brands will play in the show going forward remains as much a question mark as Baselworld’s future itself.
“I don’t know,” Picchiotti’s Giuseppe Picchiotti said from the stage Wednesday when asked if jewelry brands would benefit from the fashion shows. “It’s the first time ever that there’ll be a fashion show [at Baselworld] so it’s difficult to say what way it’s going to go.”
Changing Date Pattern
In addition to changing its format and lowering its prices, Baselworld 2020 is shifting from March to April 30-May 5, meaning it will wrap up less than a month before the Las Vegas jewelry trade shows kick off.
It will follow the other major Swiss watch trade show, SIHH, which is moving from January to April 26-29.
Those on stage in Basel Wednesday emphasized several times that there is currently no bad blood between the two trade shows. The decision to change dates was mutually agreed upon, and is seen as beneficial to both shows as well as to the watch and jewelry industry as a whole.
Loris-Melikoff also rejected the notion that organizers moved Baselworld because they feared the show would “disappear” otherwise.
The agreement between SIHH and Baselworld to hold their shows back-to-back extends through 2024.
“He will have to decide if he wants to return to Baselworld or not,” Loris-Melikoff said, “and he will decide when is the time for him to return.”
2020 and Beyond
What Baselworld will look like—and who it will attract—next year is the question that looms large as the 2019 edition of the show opens.
Loris-Melikoff said more details about Baselworld 2020 will be shared at the closing press conference, which is scheduled for next Tuesday.
What we do know based on comments made at Wednesday’s event is that exhibitors—or at least some exhibitors—still see value in Baselworld as a business-to-business trade show.
Organizers do too, and are working to repair relationships with current exhibitors while finding a way to appeal to watch collectors and other consumers and to enhance the show’s digital capabilities.
Baselworld took steps to knock down costs for both exhibitors and attendees, reducing the cost of exhibiting but also negotiating with local hotels and restaurants to ensure they don’t raise prices during the show.
Organizers also want to improve their relationships with jewelry brands, which, in the past, have complained of show organizers treating them like an afterthought.
The jewelry brands have been moved to Hall 1.2, where show organizers have installed a “Show Plaza” for multiple jewelry fashion shows to take place each day, a first for Baselworld.
How these will be received and what role jewelry brands will play in the show going forward remains as much a question mark as Baselworld’s future itself.
“I don’t know,” Picchiotti’s Giuseppe Picchiotti said from the stage Wednesday when asked if jewelry brands would benefit from the fashion shows. “It’s the first time ever that there’ll be a fashion show [at Baselworld] so it’s difficult to say what way it’s going to go.”
Changing Date Pattern
In addition to changing its format and lowering its prices, Baselworld 2020 is shifting from March to April 30-May 5, meaning it will wrap up less than a month before the Las Vegas jewelry trade shows kick off.
It will follow the other major Swiss watch trade show, SIHH, which is moving from January to April 26-29.
Those on stage in Basel Wednesday emphasized several times that there is currently no bad blood between the two trade shows. The decision to change dates was mutually agreed upon, and is seen as beneficial to both shows as well as to the watch and jewelry industry as a whole.
Loris-Melikoff also rejected the notion that organizers moved Baselworld because they feared the show would “disappear” otherwise.
The agreement between SIHH and Baselworld to hold their shows back-to-back extends through 2024.
More on Events & Awards
The Latest
TrendsFeb 06, 2026
Margot Robbie, Jacob Elordi Wear Matching Cece Jewellery Signet RingsOur Piece of the Week picks are these bespoke rings the “Wuthering Heights” stars have been spotted wearing during the film’s press tour.
MajorsFeb 05, 2026
Pandora to Begin Selling Platinum-Plated JewelryThe introduction of platinum plating will reduce its reliance on silver amid volatile price swings, said Pandora.
Brought to you by
The MJSA Mentor & Apprenticeship Program: Attracting & Training the Next Generation of Bench JewelersLaunched in 2023, the program will help the passing of knowledge between generations and alleviate the shortage of bench jewelers.
SourcingFeb 05, 2026
De Beers Lowers Production Guidance for 2026, Anglo Mulls Another WritedownIt would be the third impairment charge in three years on De Beers Group, which continues to grapple with a “challenging” diamond market.
Weekly QuizFeb 05, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
IndependentsFeb 05, 2026
Borsheims to Undergo Massive Renovation in the Spring The Omaha jewelry store’s multi-million-dollar renovation is scheduled to begin in mid-May and take about six months.
CollectionsFeb 05, 2026
Marco Bicego’s Amethyst Collection Travels to a Purple ParadiseThe “Paradise Amethyst” collection focuses on amethyst, pink tourmaline, garnet, and 18-karat yellow gold beads.
Brought to you by
How Jewelers Can Fight Back Against Cell JammersCriminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.
FinancialsFeb 05, 2026
Watches of Switzerland Reports Strong Holiday Results in Q3The retailer credited its Roberto Coin campaign, in part, for boosting its North America sales.
ColumnistsFeb 04, 2026
January Jewelry Sales: More Dollars Spent, Fewer Units Sold Sherry Smith unpacks independent retailers’ January performance and gives tips for navigating the slow-growth year ahead.
MajorsFeb 04, 2026
What Designers Should Know About Saks Global’s BankruptcyFrom how to get an invoice paid to getting merchandise returned, JVC’s Sara Yood answers some complex questions.
TrendsFeb 04, 2026
Amanda’s Style File: February Birthstone BlissAmethyst, the birthstone for February, is a gemstone to watch this year with its rich purple hue and affordable price point.
MajorsFeb 04, 2026
Marco Bicego Names New Global Marketing DirectorThe Italian jewelry company appointed Matteo Cuelli to the newly created role.
MajorsFeb 04, 2026
Frederick Goldman Updates Leadership TeamThe manufacturer said the changes are designed to improve speed, reliability, innovation, and service.
Policies & IssuesFeb 03, 2026
Tariff Relief on Horizon for India as Trump, Modi Make DealPresident Trump said he has reached a trade deal with India, which, when made official, will bring relief to the country’s diamond industry.
CollectionsFeb 03, 2026
Jade Trau Releases New Charms, Introduces RondellesThe designer’s latest collection takes inspiration from her classic designs, reimagining the motifs in new forms.
WatchesFeb 03, 2026
Casio America Calls Jersey City HomeThe watchmaker moved its U.S. headquarters to a space it said fosters creativity and forward-thinking solutions in Jersey City, New Jersey.
SourcingFeb 03, 2026
Nivoda Reveals Upgraded Gemstone MarketplaceThe company also announced a new partnership with GemGuide and the pending launch of an education-focused membership program.
GradingFeb 02, 2026
IGI to Acquire American Gemological Laboratories IGI is buying the colored gemstone grading laboratory through IGI USA, and AGL will continue to operate as its own brand.
CrimeFeb 02, 2026
Ylang 23’s Dallas Store BurglarizedThe Texas jeweler said its team is “incredibly resilient” and thanked its community for showing support.
EditorsFeb 02, 2026
Stars Choose Chokers, Elongated Earrings at 2026 GrammysFrom cool-toned metal to ring stacks, Associate Editor Natalie Francisco highlights the jewelry trends she spotted at the Grammy Awards.
CollectionsFeb 02, 2026
2026 Winter Olympic Medal Design Symbolizes UnityThe medals feature a split-texture design highlighting the fact that the 2026 Olympics are taking place in two different cities.
SurveysJan 30, 2026
These Are the Top Brands of 2026, Says YouGovFrom tech platforms to candy companies, here’s how some of the highest-ranking brands earned their spot on the list.
CollectionsJan 30, 2026
Follow the Beat With Etiq’s ‘Khol’ RingThe “Khol” ring, our Piece of the Week, transforms the traditional Indian Khol drum into playful jewelry through hand-carved lapis.
MajorsJan 30, 2026
Arch Crown’s 2026 ‘Tag & Label’ Catalog Is HereThe catalog includes more than 100 styles of stock, pre-printed, and custom tags and labels, as well as bar code technology products.
CollectionsJan 29, 2026
Ghirardelli’s ‘Chocolocket’ Returns for Valentine’s DayThe chocolatier is bringing back its chocolate-inspired locket, offering sets of two to celebrate “perfect pairs.”
AuctionsJan 29, 2026
These Were Bonhams’ Top 10 Jewelry Lots in 2025The top lot of the year was a 1930s Cartier tiara owned by Nancy, Viscountess Astor, which sold for $1.2 million in London last summer.
