Perennial Perrelet Perrelet is a global as well as local brand thanks to its aficionados present in every nook and corner of the globe. This is why its CEO Fausto Salvi is looking for long-term partnerships and expanding presence and services in all the Gulf markets. “We are convinced that our collection perfectly matches the taste of Middle East connoisseurs.” Despite growing consolidation in the industry, Salvi insists on the company’s independence in order to work closer and better with partners and be more flexible. Below are excerpts from an interview with Perrelet chief executive officer Salvi: read more...

BASELWORLD, the leading show for watches and jewellery will close its doors tomorrow, 31st 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”. read more...

The three high-end brands namely Breguet, Blancpain and Jaquet Droz, which are all part of the Swatch Group has posted sales growth of 40-45 percent in the first three months of 2011 against the same period last year, Marc Hayek, chief executive of the three watchmakers said. read more...

Goldman Sachs estimates annual global luxury goods sales will rise by 16 percent between 2011 and 2014 and could grow at 2.2 times GDP to become a trillion dollar industry by 2025. read more...

Damas International has signed an agreement with all 25 bank creditors representing 100 percent of its bank debts. “Damas is in the process of satisfying the conditions precedent to the facility agreement and hopes to complete the process shortly,” company said in a statement. read more...

According to Dubai International Airport, passenger numbers in the month of February has reached 3.83 million, an increase of 5.2 percent compared to 3.64 million recorded during the same period in 2010. read more...

A spectacular intense and vivid yellow and orange diamond necklace, along with one of the largest drop-shaped natural pearls so far recorded and a natural Burmese ruby weighing 22 carats are among the dazzling highlights of Christie’s April 20th sale of Jewels at the Jumeirah Emirates Towers Hotel in Dubai. read more...

Longines was proud to be the Official Timekeeper of the 16th Dubai World Cup on March 26, 2011. This year, a record-breaking number of 81’000 people came to enjoy one of most exciting horseracing events in the world at Meydan Grandstand. read more...

BASELWORLD sees a new cooperation between two leaders in their respective fields. In order to present a new exceptional Harry Winston jewellery timepiece of Art a fitting “home” had to be created. read more...

Sotheby’s Geneva has announced that it will sell the most valuable emerald and diamond Tiara to have appeared at auction in over 30 years in its sale of Magnificent and Noble Jewels in Geneva on the May 17, 2011. read more...

For the fourth consecutive year, Piaget teamed up with Film Independent at the 26th Annual Spirit Awards to pay tribute to those individuals responsible for making some of today’s most important films. read more...

TAG Heuer has appointed Z7 Communications as PR Consultant in the Middle East. From the Olympic Games in the 1920s to its role as official timekeeper for Formula One in the 90s and the legendary Indy 500 race today, TAG Heuer, in a constant quest for innovation, excellence, performance and prestige, continues to aim ever higher. read more...

The second edition of Les Voiles de Saint Barth is set to be one of the most impressive races of the year, with 50 yachts entered to compete in five categories and some 400 sailors expected from across the world. read more...

The watch and jewelry Group Marlox has announced the signing of a long-term license agreement with the global luxury fashion brand Givenchy shortly before the beginning of BASELWORLD. read more...

During her major come back performance at the Colesseum of Caesars Palace in Las Vegas, Celine Dion wore an ELIE SAAB Couture dress. read more...

Louis Golay International, designer of the crown of Miss Japan 2011, Marie Yanaka, planned since a long time, the presence of the Nippon ambassadress on his stand at BASELWORLD. During the press conference, the beauty queen has expressed herself and answered the questions of the journalists. read more...

In order to fill the gap and meet an international demand, a new institute, the “Swiss Retail Management Institute for Watches & Jewellery” (SRMI) has recently been created near Geneva read more...

Emirates Airline Festival of Literature was held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, the Vice-President and Prime Minister of the UAE and Ruler of Dubai, in partnership with Emirates Airline and Dubai Culture & Arts Authority (Dubai Culture). read more...

Bentley and their timepiece partner, Breitling has launched the new special all-white “Ice” versions, the Bentley GT and Bentley GT Racing chronographs. read more...

Jaeger-LeCoultre and Jerome Lambert took great pleasure in presenting the Hybris Mechanica 55, a collection comprising three unprecedented masterpieces: the all new Hybris Mechanica a Grande Sonnerie, the Hybris Mechanica a Gyrotourbillon and the Hybris Mechanica a Triptyque in Dubai read more...

Roberto Coin has launched Scorpion Collection, mythical creatures artfully made from head to tail, the collection features bangles and coordinating earrings richly crafted in peach gold and embellished with dazzling colorless and black diamonds. read more...

The fifth edition of Art Dubai which was took place from March 16 to 19 experienced strong sales and attracted more than 20,000 guests, with a 30 percent increase in the international visitors. read more...

(GJEPC) has hosted the Indian Pavilion at the world’s most coveted watch & jewellery show ‘BASELWORLD 2011’ from March 24 to 31, 2011. read more...

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Middle East Watch & Jewellery of the Year 2018 awards night