Yesterday I received the breaking news: Rolex, Patek Philippe, Chanel, Chopard and Tudor leave Baselworld to create a new watch trade show in Geneva with the Fondation de la Haute Horlogerie (FHH). The show will be held early April 2021 at Palexpo, at the same time as Watches & Wonders (The FHH is the group that organizes what, until this year, has been known as Salon International de la Haute Horlogerie (SIHH).) This departure follows a number of unilateral decisions made without consultation by Baselworld management, including the postponement of the watch show until January 2021, as well as its inability to meet the brands’ needs and expectations.

The announcement comes as no surprise – as open letters about the fair’s plans and its organizer’s handling of refunds, among other things, have been paramount this past week. Apparently, Baselworld management also opted to…

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