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Watches & Wonders 2020 will take place online beginning April 25th; Rolex, Patek Philippe, Chanel, Chopard and Tudor leave Baselworld
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Market News
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Watches & Wonders 2020 will take place online beginning April 25th
In light of the unprecedented challenges, the Fondation de la Haute Horlogerie (FHH) has accelerated the digitalization of its Watches & Wonders concept, and will be able to launch a new online platform on April 25th at watchesandwonders.com. Featuring 30 of the world’s leading fine watch brands, the site will provide an unparalleled opportunity to discover the watchmaking universe, as well as the newest watch introductions for 2020. A robust offering of customizable content, curated by the FHH, will also ensure a vibrant educational experience for all watch enthusiasts.
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Rolex, Patek Philippe, Chanel, Chopard and Tudor leave Baselworld
Rolex, Patek Philippe, Chanel, Chopard and Tudor leave Baselworld to create a new watch trade show in Geneva with the Fondation de la Haute Horlogerie. The show will be held early April 2021 at Palexpo, at the same time as Watches & Wonders. This departure follows a number of unilateral decisions made without consultation by Baselworld management, including the postponement of the watch show until January 2021, as well as its inability to meet the brands’ needs and expectations. The aim is to offer partner brands the best possible professional platform, applying a shared vision to successfully meet future challenges in the watchmaking industry. It will also give crucial prominence to the sector’s expertise and innovations, both in Switzerland and internationally.
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The Swiss watch Manufactures belonging to the LVMH Group decided to leave Baselworld to join the other flagship brands in Geneva from 2021 onwards
The Swiss watch Manufactures of the LVMH Group, including the LVMH Watchmaking Division (TAG Heuer, Hublot and Zenith) and the House of Bvlgari, have taken note of the departure of Rolex, Tudor, Patek Philippe, Chanel and Chopard from the Baselworld show scheduled for January 2021. Within this context of clearly weakened representation of the Swiss watch industry and hence inevitably lower participation, it appears clear to the brands composing the Division and to the House of Bvlgari that they must also withdraw in order to preserve their image and their relations with their clients as well with the media. They will therefore not be taking part in the 2021 edition of Baselworld.
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Hermès saw a strong rebound of luxury consumption in post-coronavirus in one China Store
Hermès is said to have brought in at least 19 million renminbi, or $2.7 million, in sales on the reopening day of its flagship store in Guangzhou’s Taikoo Hui, according to multiple sources. Rare bags, including a diamond-studded Himalayan Birkin, were shipped to the location. VIPs from across the Guangdong province, the wealthiest area in China with Guangzhou its capital, descended on the store to purchase tableware, shoes, furniture and leather goods. The single-day tally, believed to be the highest for a single boutique in China, offers a confidence boost for luxury brands who are eager to get tills ringing again after the coronavirus outbreak.
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Company News
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DELMA H2O Photo Contest
The submission window for the DELMA H2O photo contest has come to a close and received many outstanding photos capturing the element of water and the diving spirit in Switzerland. The submitted photos are showcased on the DELMA website and voting for the H2O Public Prize is open until the end of April. In addition to the Public Priz, determined by the votes cast on the website, the jurors will also select three winners (1st, 2nd and 3rd). First place winners in both categories will receive DELMA's newest dive watch - the Shell Star Bronze. Based upon the brand’s first professional divers’ watch, it pays tribute to the history of diving and the importance of the sport in Switzerland.
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Montegrappisti Spirit: A Passion Project
Last summer, Montegrappa had the pleasure of hosting Franco Pupulin at our Ca’ Erizzo factory and estate. Italian by birth, Franco lectures in botany at the University of Costa Rica, whilst pursuing hobbies that include drawing, photography, calligraphy and pen collecting. To call “A Romantic Journey to Bassano del Grappa and to Montegrappa” a travel journal would be a cruel understatement. On the evidence of the painstaking care invested into every word, drawing and photograph, it can only be described as a passion project. Of course, Franco’s sumptuous collection of Montegrappas – and his love of celluloid – did not go unnoticed. Among a stunning selection of Extras, Montegrappa spotted archive models including Emblema, Espressione and Privilege.
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Product Launch
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Tiffany & Co. debuts the Elsa Peretti® Bone Cuff
Tiffany & Co. announced new special-edition designs of Elsa Peretti’s Bone cuff to celebrate the icon’s 50th anniversary and Peretti’s love of color. Powerfully feminine with an effortless ease, this groundbreaking design was introduced in the 1970s and showcases the ergonomic sensuality that informs Peretti’s jewelry. Launching in May 2020, and reimagined in vibrant red, blue and green hues with a “special edition” inscription, the Bone cuff is as artful as it is beautiful. Carved stone styles are a nod to the sublime beauty that Peretti finds in nature, featuring sterling silver with black jade, sterling silver with turquoise and 18k yellow gold with green jade to follow in September 2020.
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BALL Watch introduces the Marine GMT in black and green
This new addition to the Roadmaster Marine GMT series is designed for perfect performance in the most imperfect situations. Three time zones invite global adventure. With intelligent quick-set push buttons. With micro gas tube luminosity that conquers darkness. And with a green-black ceramic bezel that handles every twist and turn you make. Engineered to the specifications of a 35-year Navy Mariner veteran, it’s the world’s first GMT timepiece with day and date functions, delivering utmost functionality. It’s precision: COSC certified. It’s case: tough titanium. It’s mission: propel exploration further. The watch that once ran America’s railroads now empowers world explorers to live freely and fearlessly. Limited to 1,000 pieces each.
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Raymond Weil launches tango GMT collection
A magnificent ode to this world-class music icon, Raymond Weil has introduced the Bob Marley tango GMT timepiece. Designed in collaboration with House of Marley, this tango limited edition has only 1,500 pieces available worldwide. The black dial is decorated with the iconic lion head that every Bob Marley fan will recognize. With a colour palette inspired by the Ethiopian flag, this exclusive watch features sapphire crystal with a red second hand, green GMT hand and yellow circumference circle. The numbered case back is engraved with Bob Marley’s signature and the famous “TIME WILL TELL” mention in reference to successful title from Kaya Album.
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MKS Jewellery showcases the ‘Keepsakes’ Collection
MKS Jewellery continues to celebrate its love for self-expression and the value of sharing sentiment with the launch of the ‘Keepsakes’ collection. The all-new capsule is comprised of precious 18 karat gold charms and charm bases, including dainty necklaces, bracelets, earrings and rings. Drawing inspiration from the sentiment and meaning inherited through the tales recounted and photographs preserved by generations, each charm in the collection is a symbolic piece of the brand’s valuable heritage. Be it a reminder of a person, a moment, a story or the most important things in life, the charms are a collection of memories that celebrate the valuable keepsakes collected throughout our time.
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Exhibitions & Events
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HKTDC rescheduled Hong Kong International Diamond, Gem & Pearl Show 2020 and the Hong Kong International Jewellery Show 2020 to August 3-6 2020
Considering the impact of COVID-19, the Hong Kong Trade Development Council (HKTDC) has adjusted its schedule of exhibitions and conferences as part of a continued endeavour to create business opportunities for various sectors through multiple channels. Therefore, the HKTDC Hong Kong International Diamond, Gem & Pearl Show 2020 and the HKTDC Hong Kong International Jewellery Show 2020 are further rescheduled from 18-21 May 2020 to 3-6 August 2020, the two shows will be held at AsiaWorld-Expo.
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Oroarezzo moves to July
Italian Exhibition Group (IEG) decided to move Oroarezzo 2020 (OA) to July and is working to guarantee customers, visitors, partners and, of course, its own workers, with the highest safety standards. OA 2020 will be held from 18th to 21st July in the Arezzo Expo Centre with a proactive listening approach on the part of IEG and a punctual response to sector companies that have been at a standstill for weeks due to the health crisis. Companies that are the country’s economic pride and which need to meet customers and international retailers in order to resume production and engage the market’s summer period. Aware that the current circumstances may not allow international buyers to come to Tuscany, IEG, as the sector’s internal engine, is planning an “omni-channel” edition of OA to maximize meeting opportunities regardless.
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