The Number Of Visitors To Basel International Watch And Clock Show Declined In 2018, And The Brand Of Exhibitors Dropped By 50%.

Swiss Basel international watch and Jewellery Exhibition (hereinafter referred to as Basel World) was held on March 22nd ~27. According to the latest data released by the exhibition, there were 106 thousand visitors this year, a decrease of 500 compared to the same period last year.

More noteworthy is the number of exhibitors this year.

Nearly 50%, from 1300 in the same period last year to 700, and 140 thousand square meters of exhibition area is relatively more spacious.

The heavyweight brands and enterprises that were absent this time include: Herm s, Girard-Perregaux, Ulysse Nardin, Louis Erard, Eberhard & Co and Movado Group.

These companies believe that Basel World has been slightly outdated in the rapid development of digitalization.

In stark contrast, the luxury watches and jewellery industry has seen a significant growth this year compared with the decline in some data in this exhibition.

according to

Data from the F D ration de l industrie horlog Suisse re show that Swiss watches exports grew by 12.6% to 1 billion 690 million Swiss francs in February 2018, and tenth consecutive months.

In the same period last year, the increase was only 2.7%, even in the same period of 2016.

9.9%.

(see "ornate ambition" related reports: the Swiss watch industry performed strongly in February, exports grew by 12.9% over the same period last year, and the US export growth rate reached the highest in six years).