The De Beers Group CEO also discussed tariffs, Desert Diamonds, and the pending sale of De Beers in an interview with Michelle Graff.
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.
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The Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.

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The actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.

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Sotheby’s has appointed the former Phillips executive as its global head of private sales and retail in its watches division.

A private collection of five Paraíba tourmalines also will be up for sale at Sotheby’s High Jewelry auction in New York, scheduled for June 16.
























