Tuesday, April 14, 2020

Patek Philippe Leaves Baselworld

Patek Philippe

 Leaves Baselworld

Patek Philippe, along with Rolex, Chanel, Chopard & Tudor announced they were leaving the Baselworld Trade Show to form a new Trade show with the Fondation De La Haute Horlogerie as we see in the press release below which spells out all the details.

Patek Philippe President, Thierry Stern said:

"The decision to leave Baselworld was not an easy one to take for me, being the fourth generation of the Stern family to participate to this traditional yearly event. But life evolves constantly, things change and people change as well, whether it is at the level of those responsible for the watch fair organization, the brands or the clients. We constantly have to adapt ourselves, question what we do, since what was right yesterday may not necessarily be valid today!

Today Patek Phillip is not in line with Baselworld's vision any more, there have been too many discussions and unsolved problems, trust in no longer present.

We need to answer the legitimate needs of our retailers, the clients and the press from around the world. They have to be able to discover the new models from Swiss watchmakers each year, at one time, in one place, and this in the most professional manner possible.

That is why, following several discussions with Rolex and in agreement with other participating brands, we have decided to created, all together, a uniques event in Geneva, representative of our savior-faire.

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