The top-performing watch models may be surprising, with Rolex and several popular pandemic-era picks notably absent from the top 20.
Swatch Group Pulls Out of Baselworld
The exit is a major blow to the flailing watch and jewelry trade show.

Biel/Bienne, Switzerland—Swatch Group is leaving Baselworld indefinitely, dealing another blow to a watch and jewelry trade show already facing an uncertain future.
The Swiss watch company made the announcement over the weekend, calling out Baselworld organizer The MCH Group for putting profit above innovation despite the need for watch and jewelry trade shows to change to adapt to the market today.
“Today everything has become more transparent, fast-moving, and instantaneous … In this new context, annual watch fairs, as they exist today, no longer make much sense,” Swatch Group said in a statement emailed to National Jeweler Monday morning. “This does not mean that they should disappear. But it is necessary that they reinvent themselves, responding appropriately to the current situation and demonstrating more dynamism and creativity. At the moment, the trade fairs are failing to do so.
“The MCH Group, which organizes Baselworld, is clearly more concerned with optimizing and amortizing its new building—which, incidentally, is largely financed by the watch industry during the fairs—than it is in having the courage to make real progress and to bring about true and profound changes. For all these reasons, Swatch Group has decided that from 2019 onwards, it will no longer be present at Baselworld.”
Swatch Group has a total of 18 watch brands, ranging from high-end labels like Breguet and Blancpain to its Swatch watches, which retail for as little as $50.
Seventeen of its 18 brands exhibit at the show each year (Swatch is the only one that doesn’t) in a pavilion that serves as the centerpiece of Hall 1.0.
The brands leaving Baselworld are: Breguet, Harry Winston, Blancpain, Glashütte Original, Jaquet Droz, Léon Hatot, Omega, Longines, Rado, Union Glashütte, Tissot, Balmain, Certina, Mido, Hamilton, Calvin Klein and Flik Flak.
In addition, Swatch Group had another booth at Baselworld 2018 that was shared by two of its production units, ETA and Renata.
MCH Group CEO Rene Kamm issued a statement Monday afternoon that the company “extraordinarily regrets” Swatch Group’s decision and that the cancellation is “surprising” given the new team—Baselworld apppointed a new managing director in May after Sylvie Ritter resigned—and new ideas, which it says have been presented to the show’s exhibitors.
Swatch Group’s exit comes at a difficult time for Baselworld. The 2018 edition of the watch and jewelry trade show was smaller by half and two days shorter. Key exhibitors lost for
Immediately following Baselworld 2018, veteran watch journalist Joe Thompson wrote an article for Hodinkee.com questioning if the show would survive past 2019.
Swatch Group’s assertions about the show—that organizers put making money above doing what’s best for exhibitors—are similar to those expressed by designer Stephen Webster, who pulled his eponymous brand from the show a few years ago.
Interviewed by National Jeweler earlier this year for a story on the future of jewelry trade shows, Webster talked about the skyrocketing costs of exhibiting at Baselworld, but said when he took his concerns to show organizers, “they made it very clear Baselworld was no longer a place for me. I think now that would be quite different, but I would never go back.”
Citing similar concerns, this year a pair of fine jewelry exhibitors who had showed at Baselworld for decades partnered to create a new trade show called GemGenève, touting themselves as an exhibitor-led effort.
One of the GemGenève founders, Thomas Färber of Faerber Collection, told National Jeweler, “We thought that we know better what our sector of the industry needs than the big organizers.”
Editor’s note: This story was updated post-publication to add a statement from The MCH Group, the company that runs Baselworld.
The Latest

The “Scroll” toggle pendant, our Piece of the Week, opens to reveal a hidden message, mantra, or love letter written on washi paper.

Jewelers who misinterpret the state of the jewelry market risk employing the wrong retail strategy, cautions columnist Sherry Smith.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

In her newly expanded role, she will continue to oversee the jewelry category, as well as watches, home, and accessories.


“The Godfather II” watch plays two melodies from the mob film’s score, “The Godfather’s Waltz” and “The Godfather Love Theme.”

The Alan Hodgkinson Medal recognizes gemologists who are consistently generous with their time and expertise.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

The Swiss watchmaker is changing up its executive leadership team as part of a restructuring.

The “What’s Your Signature?” campaign invites women to think about how they see themselves.

The big diamond’s sale added to the company’s revenue though the market remains “challenging” overall, particularly for smaller goods.

The Jewelry Symposium will honor two industry veterans with lifetime achievement awards at its upcoming May event.

With their durability, brilliance, and beauty, diamonds are the perfect stone for everyday birthstone jewelry.

The retailer failed to file its annual report on time and said it may issue a going concern warning.

Smith recounts a recent trip to the post office that included an uncomfortable, embarrassing, and public exchange between two employees.

John Cowley, who has more than 30 years of experience, is succeeding Tearle as the lab’s chief financial officer.

Founder Erica Silverglide has designed 35 colorful pieces set with fluorescing gemstones for the brand's first finished jewelry offering.

“Ukrainian Jewelry | Contemporary Jewelry and Art Jewelry from Ukraine” features 33 contemporary Ukrainian designers and studios.

“The Golden Now” campaign celebrates the here and now with the brand’s signature styles and a selection of its new pieces.

Signet confirmed that Caffie, president of Zales and Banter, and Bentzen, who headed Blue Nile, have left the company.

The antique jewelry dealer talks about the importance of including Black Americans in jewelry history and preserving their stories.

Both its mines faced challenges last year, from operational issues to disruptions in the market.

Iconic pieces, like the Mike Todd Diamond Tiara, appear in the superstar’s new music video for her song inspired by the actress.

The luxury retailer, which went Chapter 11 in January, announced Thursday that it has secured $500 million in exit financing.

The NouvelleBox ballroom will feature independent jewelry designers, including Lene Vibe, Wyld Box Jewelry, and Kiaia Limited.

The one-of-a-kind locket, our Piece of the Week, opens to reveal three hidden images to keep close to your heart.

The new facility was also designed to better serve its growing customer base in Canada.



























