The success of BaselWorld 2010 signals a recovery phase for the watch and jewellery industry, according to the fair’s organisers.
In a speech at the Fair, BaselWorld managing director Sylvie Rittersaid the success of this year’s show reveals a “revitalised industry”.
“The economic climate was challenging for most of 2009, and of course this had a negative impact on the watch and jewellery sector,” she said. “However, we are now able to progress at a steadier pace and overall we are more economically efficient.
“The fact is that BaselWorld is fully booked. We have the same number of exhibitors as we had in 2009, and this has remained unchanged for several years.
“This year, many buyers and exhibitors decided to take part in less shows and events for economic reasons with many focussing exclusively on BaselWorld demonstrating their appreciation of our show.
“In the same way that BaselWorld’s leading role has been strengthened by the economic crisis, so too has it strengthened proactive companies in the watch and jewellery sector. Top companies will improve their position and continue to develop, and such businesses will enhance their profiles and maintain their respected reputations.”
BaselWorld 2010 featured 1915 exhibiting companies from 45 countries. Final visitor numbers for the Fair are currently unavailable as the Fair (which began on March 18) runs until this Thursday (March 25) however organisers expect nearly 100,000 buyers from around the world to attend.