BaselWorld 2007 Opens with Sunny Optimism
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?
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.
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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.
Watchmakers have always taken care to fully seal watch cases, if only to protect the movement against dust and humidity in the air.
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BaselWorld Announces $287 Million Expansion
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.
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