39th BASELWORLD demonstrates further industry growth

BASELWORLD, the leading show for watches and jewellery will close its doors tomorrow, 31^st of March on a positive growth. According to Rene Kamm, CEO of MCH Group, the organizers of BASELWORLD “the expectations at our global show are correspondingly high”. A total of 1892 exhibitors from 44 countries participated in BASELWORLD 2011. More than 100,000 visitors from over 100 countries are expected to visit the show. Last year saw the exports of the Swiss watch industry grow by 22.1 percent to a total of 16.2 billion Swiss francs. A record number of 26.1 million watches were exported. The first two months of this year also provided further evidence of the sunshine in the industry, with growth in sales of Swiss watches of 18.1 percent compared to the same period last year.