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April 3, 2020

Trade Braces for Smaller, Cheaper Baselworld

Baselworld has reduced prices for diamond exhibitors by 10% to 15%, after rising costs had prompted companies to abandon the annual show.

The move ensures its prices match those of the competing GemGenève fair, a Baselworld spokesperson told Rapaport News Tuesday. 

The 2019 edition of Baselworld, beginning Thursday, will still see a 10% drop in the number of exhibitors in Hall 3, which houses loose-diamond companies. But the decline, to a total of 120, has slowed compared with last year, as the trade responded positively to new management’s initiatives aimed at repairing a damaged relationship between organizers and diamond exhibitors, the spokesperson noted. 

Read more about the 2019 edition of Baselworld on the Rapaport website now HERE

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