MHC Group surprised about the announcement
Image: Baselworld

Baselworld: MCH Group is surprised by the departures

Following the earlier announcement of the Fondation de la Haute Horologerie, the MCH Group said the news were met with great surprise and equally great regret. According to the Group, “the new date for the postponement of Baselworld 2020 was defined jointly with leading exhibitors. The objective was to find the earliest and best possible date for the industry following the Covid-19 related measures. The companies now “migrating” – including Rolex – spoke out in favour of a postponement to January 2021. They are also represented on the Exhibitors’ Committee, where the future vision of Baselworld has been discussed on several occasions and has met with a positive response, as was also evidenced by countless individual discussions. The intention to move to Geneva has never been mentioned. The MCH Group must therefore conclude that the relevant plans 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.”

The MCH Group says it is convinced that, in addition to a physical platform, a connection with the community must be maintained throughout the year. In the next few weeks, the MCH Group will be making a decision on the continuation of Baselworld and on investments in its further development, which is geared to the long term.