AugustMan (Malaysia)

THE SWATCH GROUP BUDGETS AROUND USD 50 MILLION TO BRING THEIR 18 BRANDS TO BASELWORLD EVERY YEAR

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like Audemars Piguet, Richard Mille and Bulgari all aim to reduce the number of multi-brand POS, while Breitling has been experiment­ing with more targeted exhibition­s in different regions around the world with the Breitling Summit.

Even though Baselworld opened its gates to the public, the show still operated largely on a B2B model. Even though each of the booths had exhibition areas for the novelties, there was very little in terms of informatio­n within those spaces and sometimes rarer pieces would even go missing for a presentati­on to retailers or journalist­s. And unless you had an appointmen­t with the brand, there was no way for the public to get better acquainted with these new watches. On top of that, during Baselworld, the full effect of demand-supply economics can be felt.

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