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Baselworld, the world’s largest fair for luxury watches and jewellery that even attracts Indian watch retailers, may be struggling to stay afloat

Updated : April 27, 2018 12:10 PM IST

Baselworld has lost almost 40% of its luxury watch exhibitors over the last two years.
A slowdown in the Chinese market, and the non-deliverance of high returns in the Indian market, has affected the Swiss luxury watch industry that traditionally showcased its new launches at Baselworld.
Yet, brands such as Patek Philippe and Chopard continue to launch their new timepieces at the annual fair.
Baselworld, the world’s largest fair for luxury watches and jewellery that even attracts Indian watch retailers, may be struggling to stay afloat

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