De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Baselworld’s Future, If Any, Remains Unclear
MCH Group shot down rumors it was moving to Lausanne but did confirm one thing—the show, wherever it is, won’t be called Baselworld.
An article published Monday on WatchPro.com stated that show organizer MCH Group has registered the alias “Swiss Watch Week” and blocked off dates in early April 2021 at a convention center in Lausanne, coinciding with Watches & Wonders Geneva and the yet-to-be-named show organized by Rolex, Tudor, Patek Philippe, Chanel and Chopard.
“The MCH Group resolutely denies the unscrupulously circulated rumours that it is planning to stage a ‘Watch Week’ in Lausanne,” the company said in a statement. “Although the concept, date and location of a potential new platform still remain to be determined, the location of Lausanne can be ruled out from the current perspective.”
The company also confirmed that the show will not be called Baselworld going forward.
Baselworld 2020 was scheduled to take place in late April/early May, immediately following Watches & Wonders Geneva, the new name for SIHH.
By late February, however, it became clear that holding a mass gathering in Switzerland in the spring would not be possible due to the worldwide spread of COVID-19.
But, rather than canceling its show altogether, like Watches & Wonders, Baselworld organizers immediately said they were “postponing” the event to January 2021.
The January move, considered inconvenient by many, coupled with the show organizer’s controversial refund policy, contributed to the collapse of a Baselworld show already on shaky ground and the rise of the new event in Geneva helmed by Rolex and the other big watch brands.
Earlier this month, MCH Group cancelled the Baselworld show scheduled for January 2021 and altered its refund policy for the 2020 event, but left the show’s future uncertain.
The Latest
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.
Hosted by Freeman’s | Hindman, the sale will take place May 7-8.
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.
The retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.
The bridal collection consists of 35 engagement rings and seven wedding bands.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
The family-owned jeweler has a new education section on its website dedicated to the history of diamond cutting.