According to MCH Swiss Exhibition (Basel) Ltd., the company which manages Baselworld – The World Watch and Jewellery Show, “The exhibitors were particularly satisfied, with 103,200 visitors (+2.5% / 2010) and outstanding sales.”
I’ve been attending the Baselworld Watch and Jewelry show since 2008, and I can easily say that the mood at the show this year was the best since 2008 (the year when the Swiss watch industry recorded its highest sales numbers ever). And being that this show is one of the major indicators of performance in the watch industry for the year ahead, the chance that the Swiss watch industry will beat its best year ever (2008), is looking quite good.
The mood at the show was terrible in 2009 (as it was during the middle of a horrible economic recession), and 2010 showed signs of growth, but still the mood was slightly subdued. Now, though, it looks like the watch industry is back on track for the kind of strong growth that had occurred for many years following up to the worldwide recession in 2008.