Chopard, Chopard, and Tudor Will No Longer Participate in Baselworld
Chopard, Chopard, and Tudor Will No Longer Participate in Baselworld
If you want to buy a luxury watch, then it is important to consider a number of factors. For starters, you should consider the quality of the watch. If you are looking for a timepiece that tells time accurately, you can buy a Chopard timepiece. If you’re looking for something a little more extravagant, you can also purchase a Patek Philippe timepiece.
Rolex
After several years of supporting Baselworld, Rolex, Chanel, Chopard, and Patek Philippe have decided to stop showing their timepieces there. They will instead focus on educating retailers, VIP customers, and the media. In the near future, they may be joined by other luxury brands.
Though Chanel is best known for its sporty, luxury ceramic J12 models, it also offers pieces that feature classic watchmaking skills, including chronographs and hand-painted dials. The designer brand has also made a few timepieces for everyday wear. The J12 and Boyfriend watches are some of its most popular watches, but you may prefer something a little more restrained.
The market for jewelry and wristwatches saw modest single-digit returns in 2020. Rolex collector watches outperformed the market by +8 percent. However, collector Chanel handbags and Hermes Birkin bags performed better than expected. The Hermes Birkin bag rose 38 percent while Chanel bags gained a modest 11.8 percent.
Rolex is the most popular watch brand in the world. However, the popularity of the brand has led to many fakes and overexposure. The Rolex Day-Date 40 is one such piece. The watch is worth $14,400, and is made of stainless steel and gold.
The Rolex logo was first trademarked in 1925. It featured a five-pointed crown, green text, and gold outline. The colors are meant to represent excellence in watchmaking and prosperity. Over the years, the logo has undergone a few changes, but it has largely remained the same.
Patek Philippe
After a year of Baselworld, Rolex, Patek Philippe, Chanel, Chopard, and Tudor announced they will no longer participate. Instead, they will start their own watch show in Geneva, Switzerland. In conjunction with the Fondation de la Haute Horlogerie, this new event will be held early April 2021. Its name has not been announced yet.
In a press release, Chopard and Chanel are referring to a new program that will focus on a specific target group. The company is aiming to build a trade show geared towards VIP customers, retailers, and press. The watchmakers have yet to announce the exact dates of the new program, but they have already begun putting forth some major pieces that will debut in 2020. This includes a new design for the J12 Paradoxe models.
After announcing their withdrawal from Baselworld in 2018, Rolex, Chanel, and Patek Philippe announced that they would not be participating in the event in 2021. The new exhibition, Watches & Wonders, is due to take place in early April 2021.
Despite these setbacks, MCH has already received approximately CHF20 million in deposits from exhibitors for the cancelled 2020 show. The company has also announced that it will pay $US9 million to the exhibition center. The new show will be held in the Palexpo Centre in Geneva in early April 2021. It will be aimed more at VIP customers and retailers, as opposed to focusing solely on media and press.
As the trend in the luxury watch market is evolving, it is important to stay ahead of the curve. By focusing on customer service, MCH Group, and Patek Philippe will continue to remain a leading brand in the luxury watch market. This will ensure that the industry continues to thrive.
Tudor
While the three watch brands have similar movements, the designs and executions vary significantly. The Tudor, Chopar, and Chanel all use a similar architectural layout but use different winding rotors. Chanel also offers models with an offset circle motif that is striking and accentuated by an extra jewel. The Tudor’s dial appears larger, while the Chanel dial appears to be smaller.
The Kenissi movement manufacturer produces movements for a number of luxury watch brands, including Breitling, Chanel, and Tudor. The company was founded in 2016 and is managed by Eric Yvon Pirson, Jean-Paul Girardin, and Philippe Jacques Dalloz. In 2019, the company received an investment from Chanel. The company now produces movements for both brands, as well as other brands including Breitling and Norqain.
While Rolex, Patek Philippe, and Chanel all announced that they will withdraw from Baselworld, the Swiss watch industry has reacted with their own announcements. Chanel, Chopard, and Tudor all have offices in Geneva. It is not yet clear what the future holds for these brands.
Chopard, Chopard, and Tudor Will No Longer Participate in Baselworld
