979 articles · 113 videos found · page 2 of 37
Time+Tide
Just like the Fast and Furious franchise, the Baselworld watch fair is refusing to die. That’s right, Baselworld 2022 is back, but it’s unlikely to be better than ever, or even a shadow of its former self. If you’re just joining the story now, it’s important you know the history behind the slow and agonising … ContinuedThe post Baselworld 2022 is back, but does anyone care any more? appeared first on Time+Tide Watches.
Quill & Pad
More than a century of history of Baselworld, the world’s biggest and most comprehensive watch fair, is virtually impossible to sum up in just a few lines. However, that is what Elizabeth Doerr does here as she looks back over 102 years of Baselworld history and reflects on what happens next. Hopefully that is, "Pack your bags for Houruniverse 2021."
Time+Tide
Cometh the crisis, cometh the man. Jean-Christophe Babin, CEO of Bulgari, has grown in stature yet again over the last six months as Bulgari has taken a militant stance against COVID-19. Whether it’s delivering Bulgari hand sanitiser to hospitals to assist in their fight against this deadly virus, or delivering a fair with 16 of … ContinuedThe post 3 explosive quotes from emerging industry leader and Bulgari CEO Jean-Christophe Babin about Rolex, Baselworld and the future appeared first on Time+Tide Watches.
Time+Tide
Baselworld, as we know it, is dead. But has it been offered a resurrection lifeline by James Murdoch, the son of media mogul Rupert Murdoch? The owner of Baselworld, MCH Group, has announced the investment of 104.5mCHF from the Murdoch-owned Lupa Systems for what is anticipated to be around one-third of the shares in MCH … ContinuedThe post Baselworld gets a $110mUSD lifeline from James Murdoch, son of billionaire Aussie-born media tycoon Rupert Murdoch appeared first on Time+Tide Watches.
SJX Watches
Having been pummelled by the COVID-19 pandemic and the implosion of Baselworld, the watch fair’s owner MCH Group has just announced a CHF104.5m rescue led by the canton of Basel and James Murdoch. But the crown jewel is not the Baselworld watch and jewellery fair, but Art Basel, which is undoubtedly the prize Mr Murdoch is after. As part of the rescue, the canton of Basel will convert its CHF30m loan to MCH into equity, with the balance being made up of a rights issue priced at a 25% discount to the 30-day average for MCH shares, which hit a peak of CHF80 in 2017 and traded around CHF17 in recent weeks. Through his family investment office Lupa Systems, Mr Murdoch will underwrite the rights issue, subscribing to all rights not taken up by other shareholders. At the same time, the canton of Basel and its regional bank have extended the repayment period for outstanding loans to MCH, while a bond offering is planned in the near future. Beyond shoring up the finances of MCH, the exercise will leaving Mr Murdoch with 30-44% of MCH Group, along with three board seats. Restrictions on shareholder voting rights will also be abolished, removing the outsized voting power of the cantons of Basel and Zurich, once the dominant influences in MCH. A long-term investment Mr Murdoch is the younger son of Rupert Murdoch, perhaps the most powerful figure in the broadcast and news business in the Western world. Recent newspaper reports have said the younger Murdoch was negotiating with MC...
Video
Time+Tide
Any Seinfeld fans will know what I’m talking about when I say that the Home Delivery Watch Fair, where we re-created both SIHH (or Watches & Wonders, as it’s known now) and Baselworld, was more akin to Kramer’s version of the Merv Griffin show than it was a real watch fair. As in, it was … ContinuedThe post VIDEO: The Top 10 watches of Virtual Baselworld 2020, inc. Hublot, Longines, Seiko, Casio and Hamilton appeared first on Time+Tide Watches.
Time+Tide
Well, it’s been almost better than the real thing, and certainly as epic in terms of the length of the videos, but it’s over – it’s part 3 of 3 of our Home Delivery Watch Fair Basel Edition! And to finish, we’re doing what we do at the end of all watch fairs. A list. … ContinuedThe post VIDEO: It’s part 3/3 of (pretend) Baselworld 2020, buckle up for 40 minutes of Seiko, Grand Seiko and Chris Hemsworth from his home in Byron Bay appeared first on Time+Tide Watches.
Time+Tide
The Home Delivery Watch Fair is back, with Part 2 of (pretend) Baselworld! In this episode we have Rolex predictions with Frank from Monochrome, a live schnitzel dinner with beers, and watches from a slew of brands including Rado, Blancpain, Hublot and H. Moser & Cie. Video Giveaways In each of these Home Delivery Watch … ContinuedThe post VIDEO: Virtual Baselworld 2020 Part 2 is live, and we have Rolex predictions, a live schnitzel and lots and lots of watches! appeared first on Time+Tide Watches.
Time+Tide
Never been to Baselworld? We can fix that. Just give us half an hour. In our first of three episodes re-creating the Baselworld experience – with all the things you expect, i.e lots and lots of watches and lots of things you don’t – we run through all the new releases from brands that show … ContinuedThe post VIDEO: Baselworld is not dead! It’s on YouTube, including a smoking hot new khaki Longines live on wrist appeared first on Time+Tide Watches.
Time+Tide
OK, this legit feels like a Friday. It’s 3:30, and as we say in Australia, I’m absolutely stinging for a tin. Translation: a cold beer would be very pleasant if you happen to have one? I’m back in the house, out of my pimped-up pool shed that I now call home during the week while … ContinuedThe post FRIDAY WIND DOWN: Brace yourself for virtual Baselworld, and get your mojo back with Navy SEAL Jocko Willinck’s inspirational watch appeared first on Time+Tide Watches.
Video
Time+Tide
The Home Delivery Watch Fair, Watches & Wonders Edition was hands down one of the most ambitious and fun things we’ve ever attempted. And, judging by the comments, you seemed to enjoy it. That’s about all the encouragement we needed to take that positivity forward and tackle the big dance. So, we’re doing it again. … ContinuedThe post We’ve recreated Baselworld 2020 on YouTube over three epic episodes, starting tomorrow. This is what you can expect appeared first on Time+Tide Watches.
SJX Watches
With Baselworld all but finished in name – with the COVID-19 pandemic having served as the catalyst for its demise – its organiser has already lined up a potential replacement, according to Swiss newspaper Handelzeitung. Events company MCH Group, which owns Baselworld and Art Basel, registered the trademark “Swiss Watch Week” in late January 2020, perhaps an indication its management already knew that Baselworld was untenable. Departing Basel, the city that the namesake watch fair had called home for decades is seen as crucial to escape the baggage and bad publicity that has dogged Baselworld. A good part of the criticism levelled at the fair concerns the opportunistic pricing imposed by restaurants, hotels, and other accommodation during the fair. The result was a slow burn that culminated in the end of Baselworld. A scene never to be seen again – the halls of Messe Basel packed with watch brands. Photo – Baselworld Once the world’s largest watch and jewellery fair, Baselworld was hit by a gradually accelerating string of departures, starting in 2018 with industry giant Swatch Group – owner of brands like Omega, Longines, and Tissot – citing the exorbitant cost of exhibiting and other city-related expenses. Swatch was followed by Seiko and others in 2019. But the fatal blow arrived in April 2020, when the fair’s biggest exhibitors – Rolex, Patek Philippe, Chanel, Chopard, and Tudor – pulled out and announced a move to a new, yet-to-be-named fair in...
Hodinkee
"Rolexit" sinks the next show, but Baselworld vows to explore new formats.
Deployant
The MCH Group and representatives of the exhibitors have reached agreement on the settlement for the cancelled Baselworld 2020, and cancels Baselworld 2021.
![Business News: Baselworld 2021 Cancelled and Exhibitors Get Refunds [Updated]](https://watchesbysjx.com/wp-content/uploads/2019/03/Baselworld-2019-hall-3.jpg)
SJX Watches
This year’s Baselworld saga has finally arrived at its epilogue and the inevitable outcome has been made official: MCH Group just announced that Baselworld 2021 has been cancelled. Simultaneously, the event’s organisers also announced that an “agreement on the settlement for the cancelled Baselworld 2020” – presumably with more substantial refunds – was reached with exhibiting brands. That settles the brief-but-intense circumstances surrounding Baselworld 2020, which began when this year’s fair was cancelled and then “postponed” to January 2021. Along with the “postponement”, exhibitors for the 2020 fair were only offered partial refunds of the event fees. Both moves, which were regarded as unilateral and unfair by watch brands, led to a stinging response from the exhibitors, led by their committee chairman, a senior executive of Rolex, the world’s largest luxury watch brand. A week later, Baselworld suffered its death blow when the fair’s biggest exhibitors – Rolex, Patek Philippe, Chanel, Chopard, and Tudor – pulled out of the event and decamped to Geneva, where they will join Watches & Wonders in a brand-new event that’ll take place in April 2021. They were followed shortly after by the brands owned by LVMH, which include Hublot and Bulgari. With that, the cancellation of Baselworld 2021 was fait accompli, even though Baselworld responded by insinuating the exhibitors had long been conspiring to exit the event. The cavernous Rolex booth...
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Time+Tide
In what is surely, surely the last press release relating to the collapse of Baselworld, the MCH Group has announced that it has “taken the decision not to hold Baselworld in 2021”. Insert saddest ever meme here. The release also outlines the “amicable” end to a dispute over brands accessing refunds for this year’s cancelled … ContinuedThe post Baselworld officially cancelled for 2021, though MCH Group considering comeback via “follow-up formats”; journalists just pleased press releases will stop now appeared first on Time+Tide Watches.
Time+Tide
The first rule about Schnitzel Dinner is that you don’t ask to be invited to Schnitzel Dinner. You be nice to Frank from Monochrome. You wait by the inbox. You hope like hell you’re going to be in ‘the 45’. The first part was the problem for us at Time+Tide. The Dutchies are just so … ContinuedThe post What is the ‘Baselworld Schnitzel Dinner’, and why does it matter? appeared first on Time+Tide Watches.
Revolution
Revolution USA editor-in-chief, Stephen Hale Watson points out one key problem he faces each year at Baselworld, apart from the pricey sausages and hotels.
Hodinkee
What was Baselworld like in 1979? Just ask Joe.
Two Broke Watch Snobs
If you thought this ride was over, you were wrong. Today LVMH has announced that it will be pulling Tag Heuer, Hublot, Zenith, and Bulgari from Baselworld. Which begs the question, who is even still signed on not just for Baselworld 2020, but future Baselworlds?
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Deployant
The LVMH brands, comprising of Hublot, TAG Heuer, Zenith and the Bvlgari also follow the majors and leaves Baselworld 2021.
SJX Watches
In a widely expected move, the watch and jewellery brands owned by LVMH – Bulgari, Hublot, TAG Heuer, and Zenith – have just announced their pullout from Baselworld. Once the world’s largest watch fair, Baselworld suffered a mortal blow when its largest individual exhibitors, Rolex, Patek Philippe, Chanel, Chopard and Tudor, announced their withdrawal a few days ago, opting instead to move to a new fair in Geneva. And surprisingly the fair issued a swift, and clearly miffed, response to the mass exodus. But the die has been cast, with the centre of gravity having shifted decisively to Geneva, making it inevitable that the French luxury conglomerate would follow suit – especially after having made known its wavering commitment to Baselworld – and now it’s official. With the LVMH announcement, Baselworld has lost all the major exhibiting brands in Messe Basel hall 1, the fair’s flagship space. The chiefs of the LVMH watch and jewellery brands at LVMH Watch Week that took place in Dubai in January 2020, a stopgap measure due to the uncertain trade show schedule. Photo – LVMH In a statement fresh off the press, the LVMH Watch Division and Bulgari explain their move with the “clearly weakened representation of the Swiss watch industry and hence inevitably lower participation… [leading us to] withdraw in order to preserve [our] image and relations with clients as well with the media.” What the four brands will do in Geneva has not yet been decided, conti...
Revolution
In just a matter of weeks, nay, days, the Baselworld Group faces another shock exit by the brands under the LVMH Group - TAG Heuer, Hublot, Zenith and the House of Bvlgari.
SJX Watches
Hours after the momentous but unsurprising exit from Baselworld by Rolex, Patek Philippe, Chanel, Chopard, and Tudor, the fair’s organiser, MCH Group, issued a strident response expressing “great surprise and equally great regret” at the brands’ departure, while noting that all the brands were privy to the discussions about “postponing” Baselworld 2020 to January next year. And MCH Group then took a swing at its former exhibitors, implying a long-planned conspiracy to depart Baselworld: “[We] must therefore conclude that the relevant plans [to leave Baselworld] have been in preparation for some time and that the discussions concerning the financial arrangements for the cancellation of Baselworld 2020 are now being put forward as an argument.” Memories of days past – the main hall of Baselworld 2019. Photo – Baselworld Unilateral decisions, and more According to insiders, however, the MCH Group statement is only half the story. Most crucial were the circumstances surrounding the negotiations for changing the date of Baselworld, once the world’s largest watch and jewellery fair, a status that likely buoyed MCH Group’s confidence to unsustainable levels. The major brands, led by exhibitors’ committee head Hubert J. du Plessix – who is also the chief of investments and logistics at Rolex – were amenable to postponing Baselworld to January 2021. Amongst the most vocal proponents for the move were the LVMH-owned brands, namely Bulgari, Hublot, TAG...
Deployant
Our reaction commentary on the response from Baselworld management to the exodus led by Rolex/Tudor, Patek Philippe, Chanel and Chopard announced yesterday.
Video
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