Archive for December, 2006

BaselWorld 2007 Opens with Sunny Optimism

Dec 31st, 2006 Comments (0) 1,485 views
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 BASEL, Switzerland—BaselWorld, the world's largest watch and jewelry show, opened Thursday under bright sunny skies that reflected show management and exhibitors' optimism about the international luxury goods business this year.

Show director Sylvie Ritter cited "the current boom in the luxury goods business and the favorable prevailing climate" and said that as a result, "our exhibitors' expectations (are) higher than ever."

Comments by the leaders of major watch and jewelry exhibitor groups echoed that in an international press conference held Wednesday, a day before the show's opening.

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'Swiss Made' or Not?

Dec 20th, 2006 Comments (0) 1,900 views
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BASEL, Switzerland—The move to strengthen requirements for a "Swiss Made" label on watches has run into opposition from some Swiss watchmakers.

The Federation of the Swiss Watch Industry wants tougher criteria to put "Swiss Made" on watches and will offer a proposal for its members to vote on during the FH general meeting, June 28 in Biel. If approved, it will be sent to Switzerland's Federal Council for approval.

How and when "Swiss Made" can be used for watches is covered by a 1971 ordinance of the Swiss Federal Council. However, it's long been criticized in the Swiss watch industry for being lax, because many watches now stamped "Swiss Made" use foreign-made components, though the watches are assembled in Switzerland.

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Diving Watches

Dec 18th, 2006 Comments (0) 3,392 views
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Posted in Useful Info Tags: , ,
Diving Watches

In addition to being far more resilient than most watches, and water-resistant to greater depths, diving watches are designed with other features specifically for deep-sea adventurers and professional divers.

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BaselWorld Announces $287 Million Expansion

Dec 5th, 2006 Comments (0) 1,533 views
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BASEL, Switzerland—The world’s largest watch and jewelry show is going to get even bigger.

A $287 million expansion project of the BaselWorld Fair, in, was announced Wednesday, by Rene Kamm, chief executive officer of MCH Swiss Exhibition, the Fair’s parent firm. Kamm presented the project to several hundred journalists from around the world at the annual press conference preceding the opening of the Basel fair the next day.

One big reason for the expansion, which will occur between 2011 and 2012, is "an increasing convergence of watch and jewelry brands," said Kamm, a situation which the MCH management expects will be "even more marked in the future."

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