Bain & Company delved into the trends shaping the luxury market, the impact of AI, and more in its recent study.
MCH Group to Decide Baselworld’s Fate in the Next Few Weeks
The announcement that five major brands are leaving the show has organizers reconsidering its future.

Basel, Switzerland—In the coming weeks, MCH Group will decide whether Baselworld—once the annual event for the global watch industry—has a future or if it is out of time.
After news surfaced Tuesday morning that five huge brands were pulling out of the show and reorganizing around FHH-run Watches & Wonders Geneva, MCH Group followed with a statement in which it expressed “great surprise and equally great regret” over the loss of Rolex and its sister brand Tudor, Patek Philippe, Chanel and Chopard.
The brands said they are leaving Baselworld “following a number of a number of unilateral decisions made without consultation by Baselworld management, including the postponement of the watch show until January 2021, as well as its inability to meet the brands’ needs and expectations.”
But in its statement issued Tuesday afternoon, MCH Group reiterated earlier claims that it consulted exhibitors when choosing 2021 dates and said the companies now leaving Baselworld—including Rolex—were in favor of a postponement to January 2021.
The company also said the exiting brands have representatives on the Baselworld Exhibitors’ Committee, where “the future vision of Baselworld has been discussed on several occasions and has met with a positive response.”
“The intention to move to Geneva has never been mentioned,” MCH Group said, leading it to conclude that plans for this new show have been in the works for a while and the brands are using the row over its refund policy as a cover for something they’d planned all along.
Rolex and its fellow departees either declined or did not respond to request for comment on MCH Group’s statement.
Tuesday’s announcement that Baselworld would be losing its remaining keystone brands could be the death knell for a once-massive trade show that’s seen more than a few key brands exit.
In 2018, watch behemoth Swatch Group, which had 17 brands in the show, announced it was pulling out and would not return in 2019, dealing a major blow to Baselworld.
Following the 2019 show, Breitling said it wouldn’t return in 2020.
This year, the major cancellations have been piling up, due at least in part to the coronavirus.
Baselworld lost Gucci, Bulgari, Seiko and Grand Seiko, and Citizen and Bulova before announcing in late February that it was “postponing” Baselworld to Jan. 28 to Feb. 2, 2021 after Switzerland put a ban on large public gatherings because of COVID-19.
Last
Baselworld 2020 was scheduled for April 30-May 5, right after Watches & Wonders Geneva (formerly SIHH), which the Fondation de la Haute Horlogerie organizes.
In 2021, Watches & Wonders is sticking with April dates while Baselworld is scheduled for Jan. 28 to Feb. 2.
That means it is no longer coordinated with Watches & Wonders, and it also conflicts with VicenzaOro, The Original Miami Beach Antique Show and the Tucson gem shows.
MCH Group said it will decide on “the continuation of Baselworld and on investments in its further development” in the next few weeks.
The Latest

The exhibition reveals the gemology, geology, and cultural history of the iconic red gemstone.

The new sweeping slate of tariffs impacts 60 countries, including India, China, Thailand, Hong Kong, and the United Arab Emirates.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

From coin pendants to diamond shields, these old world-inspired jewels are the perfect accessory for an epic journey.


Our Piece of the Week pairs a checkerboard-cut amethyst with an ivy green silk cord.

Mildred Marcano Abrams and Yael Reinhold join the podcast to talk community connections, holiday plans, and preserving Reinhold’s legacy.

DCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.

Production also was up in the first half of 2026 but is expected to “substantially” decrease in H2 as two key mines undergo maintenance.

“Art Deco” fuses ancestral techniques, rare materials, and modern perspectives as a tribute to the optimism and curiosity of the movement.

The jeweler’s newest store is inside Arkansas’ Saracen Casino Resort.

The watch company will design, manufacture, and distribute Kate Spade New York watches.

The higher tax is set to go into effect in August and will apply to loose polished diamonds as well as precious and base metals jewelry.

The “Enchanted Garden” series features a cherry, lemon, and pear that each hold a little secret inside.

It’s located in Tysons Galleria, an upscale shopping center in the Washington, D.C., metro area.

Smith offers retailers guidance on creating an environment where natural and lab-grown diamonds can both thrive.

The 12-piece capsule collection transforms from brooches to pendants.

A Botswana government official told lawmakers Anglo has selected The Global Diamond Consortium, an entity chaired by Penny, to buy De Beers.

The new tariff, imposed after a Trump administration study, is 25 percent and will stack on top of existing tariffs.

The collection from 2014 has been reinterpreted into high jewelry with its signature triangular-shaped elements.

She will also take on the role of vice president of jewelry for SmartWork Media, a newly created position.

Organizers are looking for presentations on topics like manufacturing, technology and research, bench work, gemstones, and sustainability.

Woodley is seen in the campaign wearing our Piece of the Week, the “Frida” collar featuring 13 pieces of hand-carved Venetian glass.

A WeBuyVintage jewelry expert uncovered how much the flea market find was actually worth.

The founder of natural colored diamond wholesaler Pancis Gems shares stories from his five decades in the industry.

Submissions for the milestone 25th annual Gem Awards will be accepted across three categories from now through July 31.

Valeriya Guzema and Mariana Lenha look back on the last decade and discuss the Ukrainian brand’s first U.S. store.






















