Members of the founding family have partnered with Mexican retail company El Puerto de Liverpool to acquire Nordstrom.
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
The brand has opened its second U.S. location in the Fontainebleau resort and casino.
Associate Editor Lauren McLemore highlights pieces from the AGTA Spectrum & Cutting Edge Awards she’d be thrilled to unwrap on Christmas.
A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
The move is one of several cost-cutting measures outlined by the company as it faces a weaker luxury market and other challenges.
The retailer’s “On the Clock” campaign celebrates how time, precision, and purpose come together.
Associate Editor Natalie Francisco chose her 12 favorite Piece of the Week picks from the year gone by.
‘Forever Present’ campaign revives the iconic A Diamond is Forever tagline and celebrates the diamond dream.
Lab clients have the option to request this addition on their emerald reports.
In the spirit of giving, Retrouvaí will donate $4,000 from the sale of this ring to the Los Angeles Regional Food Bank.
Co-owner Dan DeVries shared what it’s like moving into a space triple the size of its old store and how it feels to be a “real jeweler” now.
Along with the latest “Gardens” collection, the brand has released limited-edition designs offering more indulgent pieces.
The man and woman are accused of stealing jewelry from a shipping container then trying to flee by paddling a small boat out into a bay.
The 2,488-carat diamond recovered from a mine in Botswana has been dubbed “Motswedi” while its 1,094-carat sibling is “Seriti.”
The average price per carat hit a record high for the miner, which said it remains unaffected by the conflict in Mozambique.
The nearly 17-carat stone made history for the color-change gem that, according to the auction house, is experiencing a “notable surge” in the market.
More than a century after survivors gifted a Tiffany timepiece to the captain of the ship that rescued them, the jeweler has reclaimed it.
The videos highlight how pieces from the “Xpandable” and “Reversible Xpandable” collections put the wearer in the spotlight.
Feldman reflected on 45 years in the jewelry industry and clarified that it’s not a total retirement.
Circelli was a pioneer in the world of TV shopping who is remembered for his passion for gemstones and his big personality.
The nearly 6-carat stone headlined the recent jewelry auction, which also featured Mica Ertegun’s jewelry.
The three men, who got their nickname because they’d toss the jewelry they stole into black plastic bins, were arrested back in August.
“The History of Diamond Engagement Rings: A True Romance” is a 128-page small-format book containing more than 165 images.
Gearys opened a 6,200-square-foot Rolex store with a design that pays homage to the brand’s connection to the ocean.
The diamond cut grade is now available for marquise- and pear-shaped diamonds.
DDG said the honorees’ business practices embody a commitment to positive social impact, industry innovation, and community empowerment.
Estimates on the size and value of the solitaire diamond, which is mounted on a diamond pavé-set yellow gold band, vary.